comm.ica~asa600_app1ill1

8/11/2019 COMM.ICA~ASA600_APP1ILL1

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reasonableness of accounting estimates made by management as well as e!aluating theo!erall presentation of the financial report.

9e belie!e that the audit e!idence we ha!e obtained is sufficient and appropriate to pro!ide abasis for our "ualified audit opinion.

Basis for ualified !pinion

AC 2ntity-s in!estment in ,>? 2ntity a foreign associate ac"uired during the year andaccounted for by the e"uity method is carried at $1% million on the consolidated statement offinancial position as at )' *une +',1 and AC-s share of ,>?-s profit of $1 million is includedin the consolidated statement of comprehensi!e income for the year then ended. 9e wereunable to obtain sufficient appropriate audit e!idence about the carrying amount of AC-sin!estment in ,>? as at )' *une +',1 and AC-s share of ,>?-s profit for the year becausewe were denied access to the financial information management and the auditors of ,>?.Conse"uently we were unable to determine whether any ad/ustments to these amounts werenecessary.

ualified !pinion

In our opinion except for the possible effects of the matter described in the asis for @ualified5pinion paragraph the financial report presents fairly in all material respects #or gi"es a

true and fair "ie# of( the financial position of AC 2ntity and its subsidiaries as at )' *une+',1 and #of ( their financial performance and cash flows for the year then ended inaccordance with Australian Accounting Standards and 7rele!ant reporting framewor8.

Report on Other #egal and Regulator$ Re%uirements

7Borm and content of this section of the auditor-s report will !ary depending on the nature ofthe auditor-s other reporting responsibilities.8

7Auditor-s signature8

7ate of the auditor-s report8D

7Auditor-s address8

If in the group engagement partner-s /udgement the effect on the group financial report of the

inability to obtain sufficient appropriate audit e!idence is material and per!asi!e the groupengagement partner would disclaim an opinion in accordance with ASA '%.

1 The subEtitle 6eport on the Binancial 6eport is unnecessary in circumstances when the second subEtitle 6eport on 5ther Fegal and 6egulatory 6e"uirements or other appropriate subEtitle is notapplicable.

+ 5r other appropriate term.

) 5r other term that is appropriate in the context of the legal framewor in the particular /urisdiction.

= 9here management-s responsibility is to prepare a financial report that gi!es a true and fair !iew thismay read: <anagement is responsible for the preparation and presentation of the financial report thatgi!es a true and fair !iew in accordance with Australian Accounting Standards and for suchG

% In the case of footnote + this may read: In maing those ris assessments the auditor considersinternal control rele!ant to the entity-s preparation of the financial report that gi!es a true and fair !iew inorder to design audit procedures that are appropriate in the circumstances but not for the purpose ofexpressing an opinion on the effecti!eness of the entity-s internal control.

& In circumstances when the auditor also has responsibility to express an opinion on the effecti!eness of internal control in con/unction with the audit of the financial report this sentence would be worded asfollows: In maing those ris assessments the auditor considers internal control rele!ant to theentity-7618s preparation and fair presentation of the financial report in order to design audit procedures

that are appropriate in the circumstances. In the case of footnote + this may read: In maing thoseris assessments the auditor considers internal control rele!ant to the entity-76+8s preparation of the

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financial report that gi!es a true and fair !iew in order to design audit procedures that are appropriate inthe circumstances.

The auditor-s report needs to be signed in one or more of the following ways: name of the audit firmthe name of the audit company or the personal name of the auditor as appropriate.

D The date of the auditor-s report is the date the auditor signs the report.

comm.ica~asa600_app1ill1

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