122
Annual Report
2013
Independent Auditor’s Report
Independent Auditor’s Report
To the Shareholders of Ratchaburi Electricity Generating Holding Public Company Limited
I have audited the accompanying consolidated and separate financial statements of Ratchaburi Electricity
Generating Holding Public Company Limited and its subsidiaries (the “Group”), and of Ratchaburi
Electricity Generating Holding Public Company Limited (the “Company”), respectively, which comprise the
consolidated and separate statements of financial position as at 31 December 2013, the consolidated and
separate statements comprehensive income, changes in equity and cash flows for the year then ended, and
notes, comprising a summary of significant accounting policies and other explanatory information.
Management’s Responsibility for the Consolidated and Separate Financial Statements
Management is responsible for the preparation and fair presentation of these consolidated and separate
financial statements in accordance with Thai Financial Reporting Standards, and for such internal control as
management determines is necessary to enable the preparation of consolidated and separate financial
statements that are free from material misstatement, whether due to fraud or error.
Auditor’s Responsibility
My responsibility is to express an opinion on these consolidated and separate financial statements based on
my audit. I conducted my audit in accordance with Thai Standards on Auditing. Those standards require
that I comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about
whether the consolidated and separate financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the
financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of
the risks of material misstatement of the financial statements, whether due to fraud or error. In making those
risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair
presentation of the financial statements in order to design audit procedures that are appropriate in the
circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal
control. An audit also includes evaluating the appropriateness of accounting policies used and the
reasonableness of accounting estimates made by management, as well as evaluating the overall presentation
of the financial statements.
I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my audit
opinion.
