Adcock Ingram Integrated Report 2018

ANNUAL FINANCIAL STATEMENTS 60 ADCOCK INGRAM  Integrated Report 2018 Certificate by Company Secretary Directors’ responsibility for and approval of the financial statements The Board of directors (Board) of the Company are required by the Companies Act, 2008 to prepare annual financial statements that fairly present the state of affairs and business of the Company and of the Group at the end of the financial year and the profit for the year then ended. The annual financial statements are prepared in terms of International Financial Reporting Standards (IFRS) and include disclosures as required by the Companies Act. Suitable accounting policies have been used and applied consistently and reasonable and prudent estimates and judgements have been made. The Board is responsible for the maintenance and integrity of the annual financial statements of the Company and consolidated subsidiaries, joint ventures, associate and special purpose entities, and the objectivity of other information presented in the integrated report. The fulfilment of this responsibility is discharged through the establishment and maintenance of sound management and accounting systems, the maintenance of an organisational structure which provides for the delegation of authority and clear established responsibility, together with the constant communication and review of operational performance measured against approved plans and budgets. The directors acknowledge that they are ultimately responsible for the system of internal financial control and regard a strong control environment important. Management and employees also operate in terms of a code of ethics approved by the Board. The code requires compliance with all applicable laws and maintenance of the highest levels of integrity in the conduct of all aspects of the business. The Board has considered the status of the Company and Group, including the sustainability of the business models, available financial resources at 30 June 2018, the budget and cash flow forecast up to September 2019, the current regulatory environment and potential changes thereto. The Board is satisfied that the Group will be able to continue as a going concern in the foreseeable future and has therefore continued to adopt the going-concern basis in preparing the annual financial statements. Ms Dorette Neethling (CA(SA)), Chief Financial Officer, is responsible for this set of financial results and has supervised the preparation thereof. Each of the Directors, whose names are listed on pages 6 and 7 of the Integrated Report, confirm that to the best of their knowledge, the Company and Group annual financial statements for the year ended 30 June 2018, which were prepared in accordance with IFRS, give a true and fair view of the financial position and performance of the Company and Group. The Company and Group annual financial statements, were approved by the Board of directors on 28 August 2018 and signed on its behalf by: AG Hall Dorette Neethling Chief Executive Officer Chief Financial Officer 28 August 2018 I, the undersigned, Ntando Simelane, in my capacity as Company Secretary, certify that the Company has lodged with the Companies and Intellectual Property Commission all such returns as are required to be lodged by a public company in terms of the Companies Act, and that all such returns are, to the best of my knowledge and belief, true, correct and up to date. NE Simelane Company Secretary 28 August 2018