ข่าวแจ้งตลาดหลักทรัพย์
REPORT OF INDEPENDENT AUDITOR QUARTER 1 ,2001
TRANSLATION
REPORT OF INDEPENDENT AUDITOR
To the shareholders of The Bangchak Petroleum Public Company Limited
The State Audit Office has reviewed the balance sheets as at as at March 31,2001
and 2000, the statements of income , the statements of changes in shareholders' equity and
the statements of cash flows for the three months then ended of The Bangchak Petroleum
Public Company Limited. These financial statements are the responsibility of the Company's
management as to their fair presentation and completeness of the information. The responsibility
of the State Audit Office is to report on these financial statements based on the results of
its review.
The State Audit Office conducted the review in accordance with the auditing standards
applicable to review engagements. Those standards require that the State Audit Office plans
and performs the review to obtain moderate assurance as to whether the financial statements
are free of material misstatement. A review is limited primarily to inquiries of the company
personnel and analytical comparison of financial data. This, therefore, provides less assurance
than an audit in accordance with the generally accepted auditing standards. Due to this ,
the State Audit Office is unable to express an opinion on the financial statements referred
to above.
Based on our review, nothing has come to attention that causes the State Audit Office to
believe that the financial statements are not presented fairly , in all material respects ,
in conformity with the generally accepted accounting principles.
The State Audit Office audited the financial statements as at December 31,2000 of The
Bangchak Petroleum Public Company Limited in accordance with the generally accepted auditing
standards and expressed an unqualification opinion as per the independent auditor report dated
February 23, 2001. The balance sheets as at December 31,2000 as presented herein for comparison,
formed partly the financial statements which the State Audit Office previously audited and reported.
The State Audit Office has not performed any other audits since the date of that report .
(Signed) Sukontha Suramana
(Sukontha Suramana )
Acting Director
Government Enterprises Audit Office
(Signed) Rutchanibun Huansuriya
(Rutchanibun Huansuriya)
Auditor-in-charge
The State Audit Office
May 11, 2001