Deloitte conducted an audit on the combined consolidated financial statements of CTC Triangle B.V. and subsidiaries, along with a 50% joint venture share of HH ALI PTE. LTD.
The financial statements present the financial position, results of operations, and cash flows of the Group as of December 31, 2024, and 2023, in accordance with IFRS Accounting Standards.
Management's responsibilities include the preparation and fair presentation of financial statements, assessing the Group's ability to continue as a going concern, and disclosing relevant matters.
Auditor's Opinion
The financial statements present fairly, in all material respects, the financial position of the Group in accordance with IFRS Accounting Standards.
Management's Responsibilities
Management is responsible for preparing and presenting the financial statements as per IFRS Accounting Standards and assessing the going concern of the Group.
Auditor's Responsibilities
The auditors aim to obtain reasonable assurance on the absence of material misstatements in the financial statements and issue an opinion based on their audit.
- The audit report adds credibility to the financial statements of Canadian Tire Corporation Limited, reassuring investors and stakeholders about the accuracy and reliability of the reported financial data.
- Management's assessment of the Group's ability to continue as a going concern provides transparency regarding the entity's future sustainability and operational viability.
Deloitte's audit report underscores the adherence to accounting standards and the reliability of the financial information presented by Canadian Tire Corporation Limited, instilling confidence in the Group's financial health and governance practices.