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Statutory Auditor’s Report
To the General Meeting of Autoneum Holding Ltd, Winterthur
Report on the Audit of the Consolidated Financial Statements
Opinion
We have audited the consolidated financial statements of Autoneum Holding Ltd and its subsidiaries (the Group),
which comprise the consolidated balance sheet as at December 31, 2016, and the consolidated income
statement, consolidated statement of comprehensive income, consolidated statement of changes in equity and
consolidated statement of cash flows for the year then ended, and notes to the consolidated financial statements,
including a summary of significant accounting policies.
In our opinion the consolidated financial statements (pages 66 to 111) give a true and fair view of the consolidated
financial position of the Group as at December 31, 2016, and its consolidated financial performance and its
consolidated cash flows for the year then ended in accordance with International Financial Reporting Standards
(IFRS) and comply with Swiss law.
Basis for Opinion
We conducted our audit in accordance with Swiss law, International Standards on Auditing (ISAs) and Swiss
Auditing Standards. Our responsibilities under those provisions and standards are further described in the
Auditor’s Responsibilities for the Audit of the Consolidated Financial Statements section of our report. We are
independent of the Group in accordance with the provisions of Swiss law and the requirements of the Swiss audit
profession, as well as the IESBA Code of Ethics for Professional Accountants, and we have fulfilled our other
ethical responsibilities in accordance with these requirements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our
opinion.
Key Audit Matters
Disposal of the UGN’s business in Chicago Heights, Illinois, USA
Deferred Tax Assets
Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of
the consolidated financial statements of the current period. These matters were addressed in the context of our
audit of the consolidated financial statements as a whole, and in forming our opinion thereon, and we do not
provide a separate opinion on these matters.
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Autoneum
Financial Report 2016
Consolidated Financial Statements