Summary Financial Statements for the Year Ended 31 December 2015
The accompanying summary financial statements, which comprise the statement of financial position as at 31 December 2015 and the summary statements of profit and loss and other comprehensive income, changes in equity and cash flows for the year then ended, and the related notes, are derived from the audited financial statements of Trinidad and Tobago NGL Limited for the year ended 31 December 2015. We expressed an unmodified audit opinion on those financial statements in our report dated 7 March 2016. Those financial statements, and the summary financial statements, do not reflect the effects of events that occurred subsequent to the date of our report on those financial statements.
The summary financial statements do not contain all the disclosures required by International Financial Reporting Standards. Reading the summary financial statements, therefore, is not a substitute for reading the audited financial statements of Trinidad and Tobago NGL Limited.
Management’s Responsibility for the Summary Financial Statements
Management is responsible for the preparation of a summary of the audited financial statements with the basis of criteria established by management as described in Note 1.
Our responsibility is to express an opinion on the summary financial statements based on our procedures, which were conducted in accordance with International Standard on Auditing (ISA) 810, “Engagements to Report on Summary Financial Statements.”
In our opinion, the summary financial statements derived from the audited financial statements of Trinidad and Tobago NGL Limited for the year ended 31 December 2015 are consistent, in all material respects, with those financial statements, on the basis of management’s established criteria described in Note 1.