Statement of responsibility by board of directors

The directors are responsible for the preparation, integrity and fair presentation of the financial statements of Durban Roodepoort Deep, Limited and its subsidiaries. The financial statements presented on pages 51 to 104, have been prepared in accordance with South African statements of Generally Accepted Accounting Practice and include amounts based on judgements and estimates made by management.

The directors are responsible for the preparation of the other information in the annual report and are responsible for both its accuracy and its consistency with the financial statements.

The going concern basis has been adopted in preparing the financial statements. The directors have no reason to believe that the Company or the Group will not be going concerns in the foreseeable future based on forecast and available cash resources and ore reserves. Refer to the Director's report on page 51 for a discussion of the appropriateness of the going concern assumption for the preparation of the financial statements.

The financial statements have been audited by the independent auditors, KPMG Inc. who were given unrestricted access to all financial records and related data, including minutes of all meetings of shareholders, the Board of Directors and committees of the Board. The directors believe that all representations made to the independent auditors during their audit are valid and appropriate. The audit report from KPMG Inc. is presented on page 50.

The financial statements were approved by the Board of Directors on 22 September 2004 and are signed on its behalf by:

 

RP Hume
Chairman: Audit Committee

 

IL Murray
Chief Executive Officer
Chief Financial Officer



DRDGOLD logo