Opinion
In our opinion, the consolidated financial statements of the Group and the balance sheet and statement of
changes in equity of the Company are properly drawn up in accordance with the provisions of the Act and
Singapore Financial Reporting Standards so as to give a true and fair view of the financial position of the
Group and of the Company as at 31 December 2015 and of the financial performance, changes in equity
and cash flows of the Group and the changes in equity of the Company for the year ended on that date.
REPORT ON OTHER LEGAL AND REGULATORY REQUIREMENTS
In our opinion, the accounting and other records required by the Act to be kept by the Company and by
those subsidiary corporations incorporated in Singapore of which we are the auditors have been properly
kept in accordance with the provisions of the Act.
Ernst & Young LLP
Public Accountants and
Chartered Accountants
Singapore
31 March 2016
45
HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2015
INDEPENDENT
AUDITOR’S REPORT
to the members of HG Metal Manufacturing Limited
