Ratchaburi Electricity Generating Holding PCL.
119
Board of Directors’ Report on Its Responsibility
to Financial Statements
The Public Company Act B.E. 2535, the Accounting Act B.E. 2543, the Securities and Stock Exchange
Act B.E. 2535 and the Securities and Exchange Commission’s Announcement Regarding to the Rules,
Conditions and Procedure of Financial Information and Company Performance Disclosure require the
Board of Directors to prepare financial statements to describe the Company’s financial position, operating
performance and cash flow in the previous year in an accurate, reasonable and transparent manner for
shareholders and investors.
The consolidated and separate financial statements as at 31 December 2013 have been audited by
the Auditor, KPMG Phoomchai Audit Limited. The Board of Directors supported information and documents
to enable the Auditor to examine and express his opinion which appeared in Audit Report of Certified
Public Accountant and Annual Report, in conformity with generally accepted auditing standards.
In this regard, the Board of Directors has appointed the Audit Committee to review the accounting
policies, the quality of the financial statements, the internal control system, and internal audit. The
opinions of the Audit Committee also appeared in the Report of the Audit Committee in the annual
report.
The Board of Directors has provided for and maintained the appropriate and efficient internal control
system to reasonably ensure that the preparation of consolidated and separate financial statements are
free from material misstatement, whether due to fraud or error.
The Board of Directors agreed that the overall internal control system in five areas including
organizational structure and environment, risk management, control activities, information Technology
and communication, and operation monitoring system of the Company was satisfactory and ensured
that the consolidated and the separate financial statements for the year ended 31 December 2013 were
prepared in conformity with Thai Financial Reporting Standards and in compliance with law and all
relevant regulations.
Mr. Pongdith Potchana
Director and Chief Executive Officer
Mr. Kurujit Nakornthap
Chairman of the Board of Directors
