To: The management of Vodafone Libertel B.V.
The management of Vodafone Libertel B.V. (hereinafter: Vodafone) instructed us to perform an assurance engagement relating to Vodafone's 2012/2013 Integrated Report (hereinafter: Report). Our assurance engagement was aimed to obtain limited assurance that the information in the 2012/2013 Integrated Report is, in all material respects, a reliable and sufficient representation of the policy, business operations, performance and events during the 2012/2013 reporting year, which runs from 1 April 2012 to 31 March 2013.
The financial figures (“Key figures and results: Financial table” and the “Financial performance” section) included in the Report do not form part of our engagement. Our engagement also does not cover the comparative figures and the references in the Report (to vodafone.nl, external websites and other documents).
The Report contains forward-looking information in the form of ambitions, strategy, plans, expectations and estimates. The fulfilment of such information is inherently uncertain. For that reason, we do not provide assurance relating to forward-looking information.
The management is responsible for preparing the Report in accordance with the applied criteria. Choices made by the management relating to the scope of the Report and the reporting policy are explained in the “About this report” section and the GRI index section of the Report. The management is also responsible for such internal control as it determines is necessary to enable the preparation of the company Report that are free from material misstatement, whether due to fraud or error.
Our responsibility is to provide limited assurance that the Report has been prepared on the basis of the applied criteria.
As criteria for the preparation of the Report Vodafone employs the Sustainability Reporting Guidelines of the Global Reporting Initiative, the Guide to Sustainability Reporting of the Dutch Accounting Standards Board and Vodafone's reporting policy, including the identification of stakeholders and the determination of material issues. It is important to consider Vodafone's performance in the context of these criteria. We believe that these criteria are suitable in the view of the purposes of our engagement.
We conducted our engagement in accordance with Dutch law, including the Dutch Standards 3410N, "Assurance Engagements with respect to Sustainability Reports". This requires that we comply with ethical requirements and plan and perform procedures to obtain sufficient and appropriate evidence to substantiate our conclusion.
The procedures performed in order to obtain limited assurance aim to verifiy the plausibility of information and are less extensive than those performed for assurance engagements aimed at obtaining reasonable assurance and therefore less assurance is provided.
Our review comprised the following main procedures:
- assessing the acceptability of the reporting principles used and their consistent application, as well as reviewing significant estimates and calculations made in preparing the Report;
- obtaining an understanding of the industry, the organisation and its most relevant sustainability issues;
- obtaining an understanding of the desing and operation of the systems and methods used to collect and process the reported information;
- performing procedures related to substantiating the information contained in the Report through a combination of analytical procedures and gathering information. These included interviewing responsible company officers, requesting relevant company documents and consulting external sources;
- evaluating the sufficiency of the Report and its overall presentation against the criteria mentioned above.
We believe that the assurance evidence we obtained is sufficient and appropriate to provide a basis for our conclusion.
Based on our procedures performed, nothing has come to our attention that would cause us to believe that the information contained in Vodafone's 2012/2013 Integrated Report is not, in all material respects, an reliable and sufficient representation of the policy, business operations, performance and events during 2012/2013 (1 April 2012 to 31 March 2013), in accordance with the guidelines of the Global Reporting Initiative, the Guide to Sustainability Reporting of the Dutch Accounting Standards Board and the documented reporting policy of Vodafone.
Rotterdam, 12 July 2013
Ernst & Young Accountants LLP
Signed A.E.M. Kamp-Roelands RA