100 Independent Auditors’ Report I ALTANA Group Consolidated Income Statement
exists related to events or conditions that may cast significant doubt on the Group’s ability
to continue as a going concern. If we conclude that a material uncertainty exists, we are
required to draw attention in the auditor’s report to the related disclosures in the consoli-
dated financial statements and in the group management report or, if such disclosures
are inadequate, to modify our respective audit opinions. Our conclusions are based on the
audit evidence obtained up to the date of our auditor’s report. However, future events
or conditions may cause the Group to cease to be able to continue as a going concern.
– evaluate the overall presentation, structure and content of the consolidated financial
statements, including the disclosures, and whether the consolidated financial statements
present the underlying transactions and events in a manner that the consolidated finan-
cial statements give a true and fair view of the assets, liabilities, financial position and finan-
cial performance of the Group in compliance with IFRSs as adopted by the EU and the
additional requirements of German commercial law pursuant to § 315 e Abs. 1 HGB.
– obtain sufficient appropriate audit evidence regarding the financial information of the
entities or business activities within the Group to express audit opinions on the consolidated
financial statements and on the group management report. We are responsible for the
direction, supervision and performance of the group audit. We remain solely responsible for
our audit opinions.
– evaluate the consistency of the group management report with the consolidated finan-
cial statements, its conformity with German law, and the view of the Group’s position it
provides.
– perform audit procedures on the prospective information presented by the executive
directors in the group management report. On the basis of sufficient appropriate audit
evidence we evaluate, in particular, the significant assumptions used by the executive
directors as a basis for the prospective information, and evaluate the proper derivation of
the prospective information from these assumptions. We do not express a separate audit
opinion on the prospective information and on the assumptions used as a basis. There is a
substantial unavoidable risk that future events will differ materially from the prospective
information.
We communicate with those charged with governance regarding, among other matters,
the planned scope and timing of the audit and significant audit findings, including any signif-
icant deficiencies in internal control that we identify during our audit.
Cologne, Germany, February 28, 2018
PricewaterhouseCoopers GmbH
Wirtschaftsprüfungsgesellschaft
Jörg Sechser ppa. Carsten Manthei
German Public Auditor German Public Auditor