This page is in the process of being updated following the completion of the recommended acquisition of International Power by Electrabel, a wholly-owned subsidiary of GDF SUEZ. For further information, view microsite.
The Board is mindful of its responsibility to present a balanced and understandable assessment of International Power’s financial position and prospects, both to investors and regulatory authorities. The Preliminary Announcement, Annual Report, Interim Report and IMSs are the principal means of achieving this objective.
An explanation of the respective responsibilities of the Directors and external auditor in connection with the financial statements is set out in the Annual Report. The Directors confirm in the Annual Report that the Group is a going concern.
The Company has a formal policy regarding non-audit services provided by the external auditor. Pursuant to this policy the Audit Committee has a process in place to approve all non-audit services provided by the external auditor to ensure that the objectivity and independence of the external auditor are not compromised. The Company’s policy and procedures specify the services from which the external auditor is excluded and the approval process for all other services.