REPORT OF THE INDEPENDENT AUDITOR ON THE SUMMARY FINANCIAL STATEMENTS

To the Shareholders and Supervisory Board of Budimex SA

The accompanying summary financial statements, which comprise statement of financial position prepared as of 31 December 2016, profit and loss account and statement of comprehensive income, statement of changes in equity, statement of cash flow for the financial year then ended, are derived from the audited financial statements of Budimex SA (the “Company”) for the year ended 31 December 2016. On 16 March 2017, we issued unmodified opinion on these financial statements. These financial statements and the summary financial statements do not reflect the effects of events that occurred subsequent to the date of our report on the audited financial statements.

The summary financial statements do not contain all the disclosures required by the International Financial Reporting Standards as endorsed by the European Union. Reading the summary financial statements, therefore, is not a substitute for reading the audited financial statements of the Company.

Management’s Responsibility for the Summary Financial Statements

Management is responsible for the preparation of the summary financial statements in the form of statement of financial position, profit and loss account and statement of comprehensive income, statement of changes in equity, statement of cash flow derived directly from the audited financial statements of the Company on which we issued opinion on 16 March 2017. 

Auditor’s Responsibility

Our responsibility is to express an opinion on the summary financial statements based on our procedures, which were conducted in accordance the National Auditing Standards in line with the wording of the International Standards on Auditing adopted by Resolution No. 2783/52/2015 of the National Council of Statutory Auditors of 10 February 2015 as amended.

Opinion

In our opinion the summary financial statements derived from the audited financial statements of the Company for the year ended 31 December 2016 are consistent, in all material respects, with these financial statements. 

Wojciech Kłys

Key certified auditor conducting the audit
No. 11775   

On behalf of Deloitte Polska Spółka z ograniczoną odpowiedzialnością Sp. k. – entity authorized to audit financial statements entered under number 73 on the list kept by the National Council of Statutory Auditors:

Maciej Krasoń – Deputy Chairman of the Management Board of Deloitte Polska
Sp. z o.o. – which is the General Partner of Deloitte Polska Spółka z ograniczoną odpowiedzialnością Sp. k.

Warsaw, 16 March 2017

The above statement of statutory auditor is a translation from the original Polish version. In case of any discrepancies between the Polish and English version, the Polish version shall prevail.