INDEPENDENT AUDITORS’ REVIEW REPORT
Based on a report originally
Reviewed financial statements
We have reviewed the accompanying condensed consolidated interim financial statements of PAS and its subsidiaries (the “Company”), which comprise the condensed consolidated interim statement of financial position as of September 30, 2019, the condensed consolidated interim statements of comprehensive income, changes in equity and cash flows for the nine- month periods ended September 30 and notes, comprising a summary of significant accounting policies and other explanatory information.
Management’s responsibility
Management is responsible for the preparation and fair presentation of these condensed consolidated.
The Company’s management is also responsible for the internal controls determined necessary to prepare condensed consolidated interim financial statements free of material misstatements due to error or fraud.
Auditor’s review responsibility
Our responsibility is to issue a report on the condensed consolidated interim financial statements based on our reviews.
We conducted our reviews in accordance with the Review Standards. A review of interim financial statements consists of making inquiries primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures.
Conclusion
Based on our reviews, nothing has come to our attention that causes us to believe that the accompanying condensed consolidated interim financial statements referred to above are not prepared, in all material respects, in accordance with “Interim Financial Reporting”.