REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ZENITH BANK PLC, 2008
Report on the consolidated financial statements
The accompanying financial information which comprises a consolidated balance sheet and a summary of the consolidated profit and loss account has been derived from the audited financial statements of Zenith Bank Plc (the bank) and its subsidiaries (together, the
group) for fifteen months ended 30 September 2008.
Directors' responsibility for the financial statements
The directors are responsible for the preparation and fair presentation of the financial statements in accordance with Nigerian
Statements of Accounting Standards and with the requirements of the Companies and Allied Matters Act 1990.
Auditor's responsibility
Our responsibility is to express an independent opinion on those financial statements based on our audit. We audit the consolidated financial statements of Zenith Bank Plc for the period ended 30 September 2008 in accordance with International Standards on Auditing.
In our report dated 30 October 2008 we expressed an unqualified opinion on the financial statements from which this financial information has been derived.
The accompaning financial information is consistent, in all material respects, with the financial statements.
For a better understanding of the group's financial position and the results of its operations for the period and of the scope of our audit, the financial information should be read in conjunction with the group's financial statements for the period ended 30 September 2008, and our audit report thereon.
PricewaterhouseCoopers
Chartered Accountant 30 September, 2008
Lagos.
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