Documents specifictotheAnnualGeneralMeeting
8
LISI 2014FINANCIALREPORT
I
145
DearShareholders,
In our capacity as Auditors of the company and in accordance with
the provisions of article L. 225-235 of the French Commercial Code, we
hereby present our report on the report drafted by the Chairman of
yourCompany'sBoardofDirectors in compliancewith theprovisionsof
article225-37oftheFrenchCommercialCode forthe financialyearended
December31,2014.
It is for the chairman to prepare and submit for approval to the Board
of Directors a report, giving account of internal audit procedures and
risk management implemented by the Company and providing other
information required by article L. 225-37 of the Commercial Code,
particularly intermsofcorporategovernancemeasures.
It is forusto:
■■
inform you of such observations as are called for by ourselves, in
respect of the informationgiven in theChairman’sReport concerning
the internal control and risk management procedures for the
preparation and processing of accounting and financial information
and
■■
testifythatthereport includesother informationrequiredunderArticle
L.225-37of theFrenchCommercialCode,whileacknowledging that it is
notourdutytoverifytheauthenticityofthisotherdata.
■■
We have carried out our work in accordance with the professional
standards inuse inFrance.
Information regarding internal control and risk management
proceduresrelatingtothedrawing-upandprocessingofaccounting
andfinancialinformation
Standards governing professional practice require that due diligence
proceduresbecarriedouttoassessthehonestyof informationregarding
internalcontrolandriskmanagementproceduresrelatingtothedrawing
upandprocessingof accountingand financial information contained in
theChairman'sreport.Thesecarefulevaluations largelyconsistof:
■■
familiarizingourselveswith the internal control and riskmanagement
procedures for the drafting and processing of the accounting and
financial information behind the information presented in the
Chairman’sreportandotherexistingdocumentation;
■■
familiarizingourselveswiththeworkonwhichexisting informationand
documentation isbased;
■■
ascertaining whether appropriate information on serious lapses in
internal controls regarding the drafting andprocessingof accounting
andfinancial informationwhichwemayhavefoundwithinthescopeof
ourmissionareappropriately included intheChairman’sreport.
Basedupontheworkdone,wehavenoobservationstomakeconcerning
the information and declarations in respect of the company’s internal
control and risk management procedures for the preparation and
processingof accountingand financial information, as contained in the
Chairman’s Report, prepared in accordancewith the last paragraph of
articleL225-37oftheFrenchCommercialcode.
Additionalinformation
We certify that theChairmanof theBoardofDirectors’ report includes
the other information required under Article L.225-37 of the French
CommercialCode.
2
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Auditors' Report, prepared inaccordancewithArticle L.225-235of
theFrenchCommercialCode, ontheChairmanofthe LISI Board's
report - FinancialyearendedDecember 31, 2014
ExincourtandParis-LaDéfense,March24,2015
TheAuditors
EXCOCAPAUDIT
ERNST&YOUNGetAutres
PhilippePourcelot
Henri-PierreNavas
