Auditors’ Report
INDEPENDENT AUDITORS’ REPORT TO THE SHAREHOLDERS OF TRIMETYS LTD AND ITS SUBSIDIARIES This report is made solely to the shareholders of TRIMETYS LTD AND ITS SUBSIDIARIES (the “Company”), as a body, in accordancewith Section 205 of theMauritius Companies Act 2001. Our audit work has been undertaken so that wemight state to the Company’s shareholders those matters we are required to state to them in an auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company’s members, as a body, for our audit work, for this report, or for the opinionwe have formed.
Other Information
The directors are responsible for the other information. The other information comprises the Directors’ Report and the Corporate Governance Report as required by the Mauritius Companies Act 2001. The other informationdoes not include the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and we do not express an audit opinion or any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, considerwhether the other information ismaterially inconsistent with the financial statements or our knowledge obtained in the audit, or otherwise appears to be material- ly misstated. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. Else, we have nothing to report in this regard.
Opinion
We have audited the financial statements of TRIMETYS LTD AND ITS SUBSIDIARIES (the “Company”) and its subsidiary (collectively referred to as the “Group”) set out on pages 96 to 127, which comprise the statement of financial position as at 31 December 2020, statement of profit or loss and other comprehensive income, statement of changes in equity and statement of cash flows for the year then ended, andnotes to the financial statements, including a summary of significant accounting policies. In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Group and the Company as at 31 December 2020, and of their financial performance and cash flows for the year then ended in accordance with International Financial Reporting Standards (IFRSs) and in compliance with the requirement of the Mauritian Companies Act 2001 and the Financial Reporting Act 2004.
Corporate Governance Report
The Directors are responsible for preparing the Corporate Governance Report. Our responsibility under the Financial Reporting Act is to report on the compliance with the Code of CorporateGovernance (“theCode”) disclosed in the annual report and assess the explanations given for non-compliance with any requirement of the Code. From our assessment of the disclosuresmade on corporate governance in the annu- al report, the Company has, pursuant to section 75 of the Financial Reporting Act, complied with the requirements of the Code.
Responsibilities of the Directors and Those Charged with Governance for the Financial Statements
Basis for Opinion
We conducted our audit in accordance with International Standards onAuditing (ISAs). Our responsibilities under those standards are further described in the Auditor’s Responsibil- ities for the Audit of the Financial Statements section of our report. We are independent of the Company in accordance with the International Ethics StandardsBoard for Accountant’s Code of Ethics for Professional Accountants (IESBA Code), together with the ethical requirements that are relevant to our audit of the financial statements in Mauritius. We have fulfilled our other ethical responsibilities in accordance with these requirements and to the IESBA Code. We believe that the audit evidencewe have obtained is sufficient and appro - priate to provide a basis for our opinion.
The directors are responsible for the preparation and fair presentation of the financial statements in accordancewith IFRSs and the requirements of theMauritius Companies Act 2001, and for such internal control as the directors determine is necessary to enable thepreparationof financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the Group and the Company’s ability to continue as a going concern, disclosing, as appli- cable, matters related to going concern and using the going concernbasis of accountingunless thedirectors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.
Thosechargedwithgovernanceare responsible for overseeing the Company’s financial reporting process.
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