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REPORT ON THE FINANCIAL STATEMENTS
We have audited the financial statements of Export-Import Bank of Malaysia Berhad, which comprise statements of financial
position as at 31 December 2013 of the Group and of the Bank, the statements of income, statements of comprehensive income,
statements of changes in equity and statements of cash flows of the Group and of the Bank for the year then ended, and a
summary of significant accounting policies and other explanatory notes, as set out on pages 099 to 196.
Directors’ responsibility for the financial statements
The Directors of the Bank are responsible for the preparation of financial statements that give a true and fair view in accordance
withMalaysian Financial Reporting Standards, International Financial Reporting Standards and the requirements of the Companies
Act 1965 in Malaysia. The Directors are also responsible for such internal control as the Directors determine is necessary to
enable the preparation of financial statements that are free from material misstatements, whether due to fraud or errors.
Auditors’ responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in
accordance with approved standards on auditing in Malaysia. 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.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements.
The procedures selected depend on our judgement, including the assessment of risks of material misstatement of the financial
statements, whether due to fraud or error. In making those risk assessments, we consider internal control relevant to the Bank’s
preparation of financial statements that give true and fair view 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 Bank’s internal control. An audit also
includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by
the Directors, as well as evaluating the overall presentation of the 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 financial statements give a true and fair view of the financial position of the Group and of the Bank as at 31
December 2013 and of their financial performance and cash flows for the year then ended in accordance with Malaysian Financial
Reporting Standards, International Financial Reporting Standards and the requirements of the Companies Act 1965 in Malaysia.
INDEPENDENT
AUDITORS’ REPORT
TO THE MEMBERS OF EXPORT-IMPORT BANK OF MALAYSIA BERHAD (INCORPORATED IN MALAYSIA)
EXIM Bank Annual Report 2013
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