Barloworld

Assurance: 3.13

• 3.13 Policy and current practice with regard to seeking external assurance for the report.

  Integrated Report:

  About this report - Assurance Governance review - Governance and ethics - Internal audit Governance review - Governance and ethics - Integrated risk and assurance Governance review - Governance and ethics - Integrated risk and assurance Assurance statements - Statement by the board of directors Independent auditors' report Independent auditors? non-financial assurance report

  Annual General Meeting:

  Notice of annual general meeting - Directors' responsibility statement

  Consolidated Annual Financial Statements:

  Independent auditors' report Audit committee report

  Corporate Governance:

  Governance framework - Chapter 2 - Board and directors - 2.12 Governance framework - Chapter 3 - Audit committee - 3.4 Governance framework - Chapter 3 - Audit committee - 3.5 Governance framework - Chapter 3 - Audit committee - 3.9 Governance framework - Chapter 9 - Integrated reporting and disclosure - 9.3 Governance framework - Audit committee

  
  

  In line with an integrated management approach, the group’s appointed external auditors, Deloitte, provide third party assurance of financial aspects as well as identified material non- financial indicators. The risk and sustainability committee endorse the material indicators identified for assurance. In addition, Deloitte also assure the group’s self-declaration of its GRI (G3.1) Application Level (A+). Close monitoring of best practice and emerging trends, as well as consultation with assurance practitioners’ ensure alignment of the Group’s assurance practices.

  Data-compilation systems and processes were also assessed by both internal and external auditors and were mainly found to be sound except for few operations where deficiencies were noted. In those instances where there were deficiencies, management has committed to implement the internal audit recommendations to ensure that the group operates a leading data collation, consolidation and reporting system.

  During this reporting period, the group internal audit formally reviewed Equipment Southern Africa, Equipment Russia (Vostochnaya Technica), Equipment Iberia, Handling South Africa and Logistics (excluding Barloworld Transport which was covered by Deloitte in line with the integrated assurance model).

  In addition to the above, follow-up consulting engagements to assess the implementation status of data collection processes and related controls for scope 3 reporting were also conducted at Avis Rent a Car and Avis Fleet Services.

  To assist the group in preparing credible and accurate integrated reporting, Internal Audit prepared an Assurance Matrix which reflects the assurance status of various aspects addressed in the group’s integrated reporting. The matrix will assist the Audit Committee in fulfilling its responsibility for overseeing the group’s integrated reporting, as defined by the King III principles. Independent assurance is provided on the following by the Group’s external auditors (Deloitte):

  
  

  • Consolidated Annual Financial Statements
  • Material aspects of the non-financial data (ISAE 3000)
  • GRI Application Level