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E U R O S P O R T S G L O B A L L I M I T E D
repo r t on t he F i nanc i a l S t a t emen t s
We have audited the accompanying financial statements of EuroSports Global Limited (the “Company”) and its subsidiaries (the
“Group”) which comprise the consolidated statement of financial position of the Group and the statement of financial position
of the Company as at 31 March 2015, and the consolidated statement of profit or loss and other comprehensive income,
statement of changes in equity and statement of cash flows of the Group, and statement of changes in equity of the Company
for the reporting year then ended, and a summary of significant accounting policies and other explanatory information.
managemen t ’ s re s pon s i b i l i t y f o r t he F i nanc i a l S t a t emen t s
Management is responsible for the preparation of the financial statements that give a true and fair view in accordance with
the provisions of the Singapore Companies Act, Chapter 50 (the “Act”) and Singapore Financial Reporting Standards, and for
devising and maintaining a system of internal accounting controls sufficient to provide a reasonable assurance that assets
are safeguarded against loss from unauthorised use or disposition; and transactions are properly authorised and that they are
recorded as necessary to permit the preparation of true and fair statements of profit or loss and other comprehensive income
and statements of financial position and to maintain accountability of assets.
aud i t o r ’ s re s pon s i b i l i t y
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in
accordance with Singapore Standards on Auditing. Those standards require that we comply with ethical requirements and
plan and perform the audit to obtain reasonable assurance about whether the 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 judgement, 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 of financial statements that give a true and fair view 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.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
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To t h e m emb e r s o f E u ro S P or T S g Lob a L L i m i T E D ( r e g i s t r a t i o n n o : 2 0 1 2 3 0 2 8 4 Z )
