LISI 2012 FINANCIAL REPORT
138
8
DOCUMENTS SPECIFIC TO THE ORDINARY GENERAL MEETING
2
Auditors' Report, prepared in accordance with Article L.225-
235 of the French Commercial Code, on the Chairman of the
LISI Board's report - Financial year ended December 31, 2012
Information regarding internal
control and risk management
procedures relating to the drawing-
up and processing of accounting and
financial information
Standards governing professional practice require that due
diligence procedures be carried out to assess the honesty of
information regarding internal control and risk management
procedures relating to the drawing up and processing of
accounting and financial information contained in the
Chairman's report. These careful evaluations largely consist of:
• familiarizing ourselves with the internal control and risk
management procedures for the drafting and processing
of the accounting and financial information behind the
information presented in the Chairman’s report and other
existing documentation;
• familiarizing ourselves with the work on which existing
information and documentation is based;
• ascertaining whether appropriate information on serious
lapses in internal controls regarding the drafting and
processing of accounting and financial information which
we may have found within the scope of our mission are
appropriately included in the Chairman’s report.
Based upon the work done, we have no observations to make
concerning the information and declarations in respect of the
company’s internal control and risk management procedures
for the preparation and processing of accounting and financial
information, as contained in the Chairman’s Report, prepared
in accordance with the last paragraph of article L 225-37 of the
French Commercial code.
Additional information
We attest that the Chairman of the Board of Directors’ report
includes the other information required under Article L.225-37
of the French Commercial Code.
To Shareholders,
In our capacity as Auditors of LISI S.A. 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 your Company's Board of Directors in compliance
with the provisions of article 225-37 of the French Commercial
Code for the financial year ended December 31, 2012.
It is for the Chairman to draw up and submit for the Board of
Directors’ approval a report giving an account of the internal
control and risk management procedures set up within the
company, and giving any other information required under
Article L.225-37 of the French Commercial Code with particular
reference to corporate governance issues.
It is for us to:
• inform you of such observations as are called for by ourselves,
in respect of the information given in the Chairman’s Report
concerning the internal control and risk management
procedures for the preparation and processing of accounting
and financial information and
• to testify that the report includes the other information
required under Article L.225-37 of the Commercial Code,
while acknowledging that it is not our duty to verify the
authenticity of this other data.
We have carried out our work in accordance with the
professional standards in use in France.
Exincourt and Paris-La Défense, March 28, 2013
The Auditors
EXCO CAP AUDIT
ERNST & YOUNG ET AUTRES
Serge Clerc
Henri-Pierre Navas
Partner
Partner
