We have audited the financial statements and Group
financial statements of The Bidvest Group Limited
set out in the Annual
Financial Statements section for the year
ended June 30 2006. These financial statements
are the responsibility of the directors. Our responsibility
is to express an opinion on these financial statements
based on our audit.
We conducted our audit in accordance with International
Standards on Auditing. Those standards require
that we plan and perform the audit to obtain reasonable
assurance about whether the financial statements
are free of material misstatement. An audit includes
examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements.
An audit also includes assessing the accounting
principles used and significant estimates made
by management, as well as evaluating the overall
financial statement presentation. We believe that
our audit provides a reasonable basis for our
opinion.
In our opinion, the financial statements present
fairly, in all material respects, the financial
position of the Company and of the Group at June
30 2006 and the results of their operations
and cash flows for the year then ended in accordance
with International Financial Reporting Standards,
and in the manner required by the Companies Act
of South Africa.
KPMG
Inc. Registered Auditor
Per G Aldrighetti Chartered Accountant (SA)
Registered Auditor
Director
