CCF- Audit Report 2008

f ,bi C Auour '1nt' n'J T,)( ~dv SOldL HdJJ&co. p < ,I I<. r auoCredit Commercial et FoncJer $.0.1Financial Statements and Auditor's Reports31 December 2008K- Kreston International Contents Page Independent Auditor’s Report 3 Balance Sheet 4 - 5 Off-Balance Sheet Items 6 Statement of Income 7 Statement of Cash Flows 8 Statement of Changes in Equity 9 Notes to the Financial Statements 10 to 12 dL HdJJ&co.Independent Auditor's Report to the ShareholdersTo the ShareholdersCredit Commercial et Fancier s.a.lBeirut. LebanonWe have audited the accompanying financial statements of Credit Commercial et Foncier s.a.l. whichcomprise the balance sheet as of 31 December 2008 and the income statement, cash flows statement andstatement of changes in equity for the year then ended, and a summary of significant accounting policiesand other explanatory notes.Director's Responsibility for the Financial StatementsThe directors are responsible for the preparation and fair presentation of these financial statements inaccordance with International Financial Reporting Standards. This responsibility includes designing,implementing and maintaining internal control relevant to the preparation and fair presentation of financialstatements that are free from material ...