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ALLIANCE ANNUAL REP ORT 2018

IInndependent Audi t or’ s Report Independent dependent Audi Audittor’ or’ss Report Report To the shareholders of Alliance Group Limited

Report on the consolidated financial statements To the shareholders of Alliance Group Limited To the shareholders of Alliance Group Limited Opinion Report on the consolidated financial statements Report on the consolidated financial statements In our opinion, the accompanying consolidated Opinion financial statements of Alliance Group Limited (the Opinion In our opinion, thesubsidiaries accompanying company) and its (theconsolidated group) on pages financial statements of Alliance Group Limited (the In opinion, the accompanying consolidated 57our to 79: company)statements and its subsidiaries group) on pages financial of Alliance(the Group Limited (the i. present fairly in all material respects the Group’s 57 to 79: and its subsidiaries (the group) on pages company) financial position as at 30 September 2018 and 57 to 79: i. present fairly in all material respects the Group’s its financial performance and cash flows for the financial position at 30and September 2018 and i. year present fairly allasmaterial respects the Group’s ended oninthat date; its financial performance cash flows forand the financial position as at 30and September 2018 ii. comply with New Zealand Equivalents to year ended on that date; and cash flows for the its financial performance International Financial Reporting Standards and year ended on that date; and ii. International comply with New Zealand Equivalents to Financial Reporting Standards. International Financial Reporting Standards ii. comply with New Zealand Equivalents to and Standards.and International Financial Reporting Standards International Financial Reporting Standards.

We have audited the accompanying consolidated financial statements which comprise: We have audited the accompanying consolidated — the consolidated statement of financial position financial comprise:consolidated We havestatements audited thewhich accompanying as at 30 September 2018; financial statements which comprise: — the consolidated statement of financial position — consolidated income statement, as atconsolidated 30 September 2018; of financial position — the the statement statements of other comprehensive income, as at 30 September 2018; — the consolidated statement, changes in equityincome and cash flows for the year statements of other comprehensive — the consolidated income statement, income, then ended; and changes in equity and cash flows forincome, the year statements of other comprehensive — notes, including a summary of significant then ended; and and cash flows for the year changes in equity accounting policies and other explanatory ended; and — then notes, including a summary of significant information. accounting policies and otherofexplanatory — notes, including a summary significant information.policies and other explanatory accounting information.

Basis for opinion We conducted our audit in accordance with International Standards on Auditing (New Zealand) (‘ISAs (NZ)’). We Basis for opinion believe thatBasis the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. for opinion We conducted our audit in accordance with International Standardsand on Ethical Auditing (New Zealand) (‘ISAs (NZ)’). are independent of the group in accordance with Professional Standard 1 (Revised) Code of We believe that theour audit evidence weissued havewith obtained is sufficient and appropriate to(New provide a basis(‘ISAs for our opinion. We conducted audit in accordance Standards on Auditing Zealand) (NZ)’). We Ethics for Assurance Practitioners by International the New Zealand Auditing and Assurance Standards Board and the We are that independent of the group accordance Professional andfor Ethical Standard 1 a(Revised) Code of believe the audit evidence weinhave obtainedwith is sufficient appropriate to provide basis for(IESBA our opinion. International Ethics Standards Board for Accountants’ Code ofand Ethics Professional Accountants Ethics Assurance Practitioners issued by the New Professional ZealandinAuditing and with Assurance Standards Board We arefor independent of the group in accordance with and Ethical Standard 1 (Revised) Code of the Code), and we have fulfilled our other ethical responsibilities accordance these requirements andand the International Ethics Standards Board for Accountants’ Code of Auditing Ethics forand Professional (IESBA Ethics for Assurance Practitioners issued by the New Zealand AssuranceAccountants Standards Board and the IESBA Code. Code), and we haveStandards fulfilled our other ethical responsibilities inEthics accordance with theseAccountants requirements and the International Ethics Board for Accountants’ Code for Professional (IESBA Our responsibilities under ISAs (NZ) are further described in of the auditor’s responsibilities for the audit of the IESBA Code. Code), and we have fulfilled our other ethical responsibilities in accordance with these requirements and the consolidated financial statements section of our report. Our responsibilities under ISAspartners (NZ) areand further described auditor’s responsibilities the on audit of theterms IESBA Code. Subject to certain restrictions, employees of in ourthe firm may also deal with thefor group normal consolidated financial statements section of our report. Our responsibilities under ISAs (NZ) are further in the responsibilities forhave the audit of the our within the ordinary course of trading activities ofdescribed the business ofauditor’s the group. These matters not impaired Subject to certain restrictions, andoffirm employees of ourrelationship firm may also deal the in, group normal terms consolidated financial statements section ourhas report. independence as auditor of thepartners group. The no other with, or with interest the on group. within the course of trading activities of the business of the group. matters have on notnormal impaired our Subject to ordinary certain restrictions, partners and employees of our firm may also These deal with the group terms independence as auditor group. The firmofhas other relationship with, or interest the not group. within the ordinary courseofofthe trading activities theno business of the group. These mattersin,have impaired our independence as auditor of the group. The firm has no other relationship with, or interest in, the group.

Other information

The Directors, on behalf of the group, are responsible for the other information included in the entity’s Annual Other information Report. Other information includes the Chairman and Chief Executive’s report and disclosures relating to Other information The Directors, on behalf ofstatutory the group, are responsible forother the other information included the entity’s corporate governance and information and the information included in theinAnnual report.Annual Our Report. Other the Chairman and Chief Executive’s report and disclosures to The Directors, on behalf ofincludes the group, are responsible for other included in the entity’s Annual opinion on the information consolidated financial statements does notthe cover anyinformation other information and we relating do not express corporate governance and statutory information other information included in the Annual report. Report. information includes the Chairmanand andthe Chief Executive’s report and disclosures relating toOur any formOther of assurance conclusion thereon. opinion ongovernance the consolidated financial statements does not cover any otherour information andAnnual we not corporate and statutory and the other information included in the Ourother In connection with our audit of theinformation consolidated financial statements responsibility is do to report. readexpress the any formonofthe assurance conclusion thereon. opinion consolidated financial statements does coverinformation any other information and inconsistent we do not express information and, in doing so, consider whether thenotother is materially with the In connection with ourconclusion audit of the financial statements our responsibility to read the other any form of assurance thereon. consolidated financial statements or consolidated our knowledge obtained in the audit or otherwiseis appears materially information doing so,ofconsider whether theweother information materially with the In connection within our audit the have consolidated financial statements ourisresponsibility is to read the misstated. If,and, based on the work we performed, conclude that there is a materialinconsistent misstatement ofother this consolidated financial statements our whether knowledge obtained in thetoaudit orin otherwise appears materially information and, in so, consider other information is materially inconsistent with the other information, wedoing are required toorreport that fact.the We have nothing report this regard. misstated. If, financial based on statements the work weorhave conclude material misstatement of this consolidated our performed, knowledgewe obtained in that the there audit isora otherwise appears materially other information, weonare to have reportperformed, that fact. We nothing reportis ina this regard. misstated. If, based therequired work we wehave conclude thattothere material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. © 2018 KPMG, a New Zealand partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. © 2018 KPMG, a New Zealand partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity.

8©02018 KPMG, a New Zealand partnership and a member firm of the KPMG network of independent

member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity.

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Annual Report 2018  

Annual Report 2018