WILLAS-ARRAY ELECTRONICS (HOLDINGS) LIMITED
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INDEPENDENT AUDITORS’ REPORT
TO THE BOARD OF DIRECTORS OF
WILLAS-ARRAY ELECTRONICS (HOLDINGS) LIMITED
(incorporated in Bermuda with limited liability)
REPORT ON THE FINANCIAL STATEMENTS
We have audited the consolidated financial statements of Willas-Array Electronics (Holdings) Limited
(the “Company”) and its subsidiaries (collectively referred to as the “Group”) set out on pages 60 to
168, which comprise the statement of financial position of the Company and consolidated statement of
financial position of the Group as at March 31, 2016, and the consolidated statement of profit or loss and
other comprehensive income, consolidated statement of changes in equity and consolidated statement of
cash flows of the Group and the statement of changes in equity of the Company for the year then ended,
and a summary of significant accounting policies and other explanatory information.
DIRECTORS’ RESPONSIBILITY FOR THE FINANCIAL STATEMENTS
The directors of the Company are responsible for the preparation of financial statements that give a true
and fair view in accordance with International Financial Reporting Standards issued by the International
Accounting Standards Board and the disclosure requirements of the Hong Kong Companies Ordinance,
and for such internal control as the directors determine is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error.
AUDITORS’ RESPONSIBILITY
Our responsibility is to express an opinion on these financial statements based on our audit and to report
our opinion solely to you, as a body, in accordance with Section 90 of the Bermuda Companies Act, and
for no other purpose. We do not assume responsibility towards or accept liability to any other person
for the contents of this report. We conducted our audit in accordance with International Standards on
Auditing issued by the International Federation of Accountants. Those standards require that we comply
with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether
the financial statements are free from material misstatement.
