FINANCIAL AND ACCOUNTING INFORMATION expressing an opinion on the effectiveness of the opinion on the consolidated financial statements. internal control. The Statutory Auditor is responsible for the Evaluates the appropriateness of accounting direction, supervision and performance of the • audit of the consolidated financial statements and pol icies used and the reasonableness of for the opinion expressed on these consolidated accounting estimates and related disclosures financial statements. made by management in the consol idated financial statements. Report to the Audit Committee •Assesses the appropriateness of management’s We submit a report to the Audit Committee which use of the going concern basis of accounting and, includes in particular a description of the scope of based on the audit evidence obtained, whether the audit and the audit program implemented, as a material uncertainty exists related to events or well as the results of our audit. We also report, if any, conditions that may cast significant doubt on the material weaknesses in internal control regarding Company’s ability to continue as a going concern. the accounting and financial reporting procedures This assessment is based on the audit evidence that we have identified. obtained up to the date of his audit report. Our report to the Audit Committee includes the risks However, future events or conditions may cause of material misstatement that, in our professional the Company to cease to continue as a going judgment, were of most significance in the audit of concern. If the Statutory Auditor concludes that a the consolidated financial statements of the current material uncertainty exists, there is a requirement period and which are therefore the key audit matters to draw attention in the audit report to the that we are required to describe in this audit report. related disclosures in the consolidated financial statements or, if such disclosures are not provided We also provide the Audit Committee with the or inadequate, to modify the opinion expressed declaration provided for in Article 6 of Regulation therein. (EU) No 537/2014, confirming our independence Evaluates the overal l presentation of the within the meaning of the rules applicable in France • such as they are set in particular by Articles L.822- consolidated financial statements and assesses 10 to L.822-14 of the French Commercial Code whether these statements represent the and in the French Code of Ethics for Statutory underlying transactions and events in a manner Auditors. Where appropriate, we discuss with the that achieves fair presentation. Audit Committee the risks that may reasonably •Obtains sufficient appropriate audit evidence be thought to bear on our independence, and the regarding the financial information of the entities or related safeguards. business activities within the Group to express an Paris La Défense and Neuilly-sur-Seine, February 14, 2018 The Statutory Auditors KPMG Audit PricewaterhouseCoopers Audit Department of KPMG S.A. Valérie Besson Jean-Marc Discours Amélie Wattel Christian Perrier REXEL 2017 – REGISTRATION DOCUMENT 274