Business
Andino Inversiones Global S A : Abbreviated Annual Accounts 2024 (Spanish/English)
Andino Inversiones Global S A : Abbreviated Annual Accounts 2024
About this update from Andino Inversiones Global Sa
[{"type":"text","content":"\n INDEPENDENT AUDITOR'S REPORT ON THE ABBREVIATED ANNUAL ACCOUNTS\n \n \n To the shareholders of Andino Inversiones Global, S.A.,\n \n \n \n Opinion\n \n \n We have audited the abbreviated annual accounts of Andino Inversiones Global, S.A. (hereinafter the \"Company\"), which comprise the abbreviated balance sheet as of December 31, 2024, the abbreviated income statement, and the accompanying abbreviated notes for the year then ended.\n \n \n In our opinion, the following abbreviated annual accounts present fairly, in all material respects, the financial position of the Company as of December 31, 2024, and its financial performance for the year then ended, in accordance with the applicable financial reporting framework (as described in Note 2 to the abbreviated notes) and, in particular, with the accounting principles and criterion therein.\n \n \n Basis for Opinion\n \n \n We conducted our audit in accordance with the regulations governing audit activity in Spain. Our responsibilities under those standards are further described in the section Responsibilities of the auditor in relation to the audit of abbreviated annual accounts of our report.\n \n \n \n We are independent of the Company in accordance with the ethical requirements, including those of independence, that are applicable to our audit of the abbreviated annual accounts in Spain, as required by the regulatory framework governing audit activity. In this regard, we have not provided services other than auditing, nor have situations or circumstances arisen that, according to the established standards, could compromise our independence.\n \n \n We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.\n \n \n Key Audit Matters\n \n \n Key audit matters are those that, in our professional judgment, were of most significance in our audit of the current period's abbreviated annual accounts. These matters were addressed in the context of our audit of the abbreviated annual accounts as a whole, and in forming our opinion on them, and we do not provide a separate opinion on these matters.\n \n \n \n Valuation of investments in group companies and associates\n \n \n The Company is the parent of a group of companies, whose investment is the main item on the abbreviated balance sheet, representing 99% of the total asset...