REG - Whitbread PLC - Half Year Results <Origin Href="QuoteRef">WTB.L</Origin> - Part 3

WhitbreadAnnouncement

29/10/2014 13:31

- Part 3: For the preceding part double click  ID:nRSU8199Ub 

  
 Intangible assets              6.9        1.4        2.7          
 
 
12. Events after the balance sheet date 
 
An interim dividend of 25.20p per share (2013: 21.80p) amounting to a dividend
of £45.6m (2013: £39.2m) was declared by the directors.  A dividend
reinvestment plan (DRIP) alternative will be offered.  These consolidated
financial statements do not reflect this dividend payable. 
 
Independent review report to Whitbread PLC 
 
Introduction 
 
We have been engaged by the Company to review the condensed set of financial
statements in the half-yearly financial report for the six months ended 28
August 2014 which comprise the interim consolidated income statement, the
interim consolidated statement of comprehensive income, the interim
consolidated statement of changes in equity, the interim consolidated balance
sheet, the interim consolidated cash flow statement and the related notes 1 to
12.  We have read the other information contained in the half-yearly financial
report and considered whether it contains any apparent misstatements or
material inconsistencies with the information in the condensed set of
financial statements. 
 
This report is made solely to the Company in accordance with guidance
contained in International Standard on Review Engagements 2410 (UK and
Ireland) "Review of Interim Financial Information Performed by the Independent
Auditor of the Entity" issued by the Auditing Practices Board.  To the fullest
extent permitted by law, we do not accept or assume responsibility to anyone
other than the Company, for our work, for this report, or for the conclusions
we have formed. 
 
Directors' responsibilities 
 
The half-yearly financial report is the responsibility of, and has been
approved by, the directors.  The directors are responsible for preparing the
half-yearly financial report in accordance with the Disclosure and
Transparency Rules of the United Kingdom's Financial Conduct Authority. 
 
As disclosed in note 1, the annual financial statements of the Group are
prepared in accordance with IFRSs as adopted by the European Union.  The
condensed set of financial statements included in this half-yearly financial
report has been prepared in accordance with International Accounting Standard
34, "Interim Financial Reporting", as adopted by the European Union. 
 
Our responsibility 
 
Our responsibility is to express to the Company a conclusion on the condensed
set of financial statements in the half-yearly financial report based on our
review. 
 
Scope of review 
 
We conducted our review in accordance with International Standard on Review
Engagements (UK and Ireland) 2410, "Review of Interim Financial Information
Performed by the Independent Auditor of the Entity" issued by the Auditing
Practices Board for use in the United Kingdom.  A review of interim financial
information consists of making enquiries, primarily of persons responsible for
financial and accounting matters, and applying analytical and other review
procedures.  A review is substantially less in scope than an audit conducted
in accordance with International Standards on Auditing (UK and Ireland) and
consequently does not enable us to obtain assurance that we would become aware
of all significant matters that might be identified in an audit.  Accordingly
we do not express an audit opinion. 
 
Conclusion 
 
Based on our review, nothing has come to our attention that causes us to
believe that the condensed set of financial statements in the half-yearly
financial report for the six months ended 28 August 2014 is not prepared, in
all material respects, in accordance with International Accounting Standard 34
as adopted by the European Union and the Disclosure and Transparency Rules of
the United Kingdom's Financial Conduct Authority. 
 
Ernst & Young LLP 
 
London 
 
20 October 2014 
 
This information is provided by RNS
The company news service from the London Stock Exchange