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Report of the statutory auditor on the consolidated financial statements
to the General Meeting of Shareholders of Autoneum Holding Ltd, Winterthur
As statutory auditor, we have audited the accompanying consolidated financial statements of Autoneum Holding Ltd,
which comprise the balance sheet, income statement, statement of comprehensive income, statement of changes in equity,
statement of cash flows and notes on pages 62 to 102 for the year ended December 31, 2015.
Board of Directors’ responsibility
The Board of Directors is responsible for the preparation of the consolidated financial statements in accordance with
International Financial Reporting Standards (IFRS) and the requirements of Swiss law. This responsibility includes
designing, implementing and maintaining an internal control system relevant to the preparation of consolidated financial
statements that are free from material misstatement, whether due to fraud or error. The Board of Directors is further
responsible for selecting and applying appropriate accounting policies and making accounting estimates that are reason-
able in the circumstances.
Auditor’s responsibility
Our responsibility is to express an opinion on these consolidated financial statements based on our audit. We conduct-
ed our audit in accordance with Swiss law and Swiss Auditing Standards as well as International Standards on Auditing.
Those standards require that we plan and perform the audit to obtain reasonable assurance whether the consolidated
financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated
financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the
risks of material misstatement of the consolidated financial statements, whether due to fraud or error. In making those
risk assessments, the auditor considers the internal control system relevant to the entity’s preparation of the consoli-
dated financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the
purpose of expressing an opinion on the effectiveness of the entity’s internal control system. An audit also includes
evaluating the appropriateness of the accounting policies used and the reasonableness of accounting estimates made,
as well as evaluating the overall presentation of the consolidated financial statements. We believe that the audit
evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion, the consolidated financial statements for the year ended December 31, 2015, give a true and fair view
of the financial position, the results of operations and the cash flows in accordance with International Financial
Reporting Standards (IFRS) and comply with Swiss law.
Report on other legal requirements
We confirm that we meet the legal requirements on licensing according to the Auditor Oversight Act (AOA) and inde-
pendence (article 728 CO and article 11 AOA) and that there are no circumstances incompatible with our independence.
In accordance with article 728a paragraph 1 item 3 CO and Swiss Auditing Standard 890, we confirm that an internal
control system exists, which has been designed for the preparation of consolidated financial statements according to the
instructions of the Board of Directors.
We recommend that the consolidated financial statements submitted to you be approved.
KPMG AG
Kurt Stocker
Kathrin Schünke
Licensed audit expert
Licensed audit expert
Auditor in charge
Zurich, March 2, 2016
103
Autoneum
Financial Report 2015
Consolidated financial statements