K PM G an A us t ra l i a n p ar t n e rs h i p a nd a m em b er f i rm o f t h e K P M G n e t w o r k o f i n de p e n d en t m e m be r f i r m s a f f i l i a t e d w i t h K P M G I n t e r n a t i o n al C o o pe r a t i v e KP M G I n t e rna t io na l a Sw is s e n t i t y L i a b i l it y l im it ed b y a s c hem e a pp r o v ed u n de r P r o f e s s i on a l S t a n da r d s L eg i s l a t i on Ind ep end ent A u d it o r s R ep o r t To t he s ha r e hol d er s of A L S L im it e d R e por t on t he a udi t o f t he F i na nc i a l R e por t O pi n i on W e ha v e a udi t ed t he Fi n an c i al R ep o r t o f A L S Li m i t ed t he C om pa n y I n our opi ni on t he a c c om p a n y i ng Fi na nc i a l R epor t of t he C om p a ny i s i n a c c or d a nc e w i t h t he C or por a t i ons A c t 2001 i nc l udi ng gi v i ng a t r ue a nd f a i r v i ew of t he Gr o u p s f i n an ci al p o si t i o n as at 31 M a r c h 2019 a nd of i ts f i n an ci al p e r f o r m an ce f or t he y e a r ended on t h at d at e an d c om pl y i ng w i t h A us t r a l i a n A c c ount i ng S t an d ar d s a nd t he C or po r a t i ons R egul a t i ons 2001 The Fi n an c i al R e p o r t co m p r i se s C ons ol i da t ed b al an ce sh e e t as at 3 1 M ar ch 2019 C ons ol i da t ed s t a t em ent o f p r of i t a nd l o s s a nd ot her c o m pr ehen s i v e i nc o m e c ons ol i da t ed s t a t em en t of c ha nge s i n equ i t y a nd c ons ol i da t ed st at e m e n t of c a s h f l ow s f or t he y ea r t hen ended N ot es i nc l udi ng a s um m a r y of s i gni f i c a n t a c c ount i ng pol i c i es D i r e ct o r s D e cl ar at i o n The Gr o u p c on s i s t s of t he C om pa n y a nd t he ent i t i es i t c ont r ol l ed a t t he y ea r end or f r o m t i m e t o t i m e dur i ng t he f i na nc i a l y ea r B a s i s f or opi ni on W e c onduc t ed our a udi t i n a c c o r da n c e w i t h A us t r a l i a n A udi t i ng S t a nd a r d s W e bel i ev e t ha t t he a udi t ev i denc e w e ha v e obt a i ned i s s u f f i c i ent a nd a pp r opr i a t e t o pr ov i de a b a s i s f or ou r opi ni on O ur r e s pon s i bi l i t i es under t hos e s t a nd a r d s a r e f u r t her de s c r i bed i n t he A udi t or s r e s p ons i bi l i t i es f or t he a udi t of t he Fi n a nc i a l R epor t s ec t i on of our r epo r t W e a r e i ndependent o f t he G r oup i n a c c or d a n c e w i t h t h e C or por a t i ons A c t 2001 a nd t he et hi c a l r equi r em ent s of t he A c c ount i ng P r of es s i ona l a nd E t hi c a l S t a nd a r d s B oa r d s A P E S 110 C ode of E t hi c s f or P r of es s i ona l A c c ount a nt s t he C ode t ha t a r e r el ev a nt t o our a udi t o f t he Fi na n c i a l R epor t i n A us t r a l i a W e ha v e f ul f i l l ed our ot her e t hi c a l r e s pons i bi l i t i es i n a c c o r da n c e w i t h t he C ode K ey A u d i t M at t er s The K ey A u d i t M at t er s w e i dent i f i ed a r e V a l ua t i on of goodw i l l D ec ent r a l i s ed oper a t i ons K ey A u d i t M at t er s a r e t hos e m a t t er s t h a t i n our pr of es s i ona l j udg e m ent w e r e of m os t s i gni f i c a nc e i n our a udi t of t he Fi n a nc i a l R epor t of t he c u r r ent per i od Thes e m a t t e r s w e r e a dd r es s ed i n t he c ont e x t of our a udi t of t he Fi na n c i a l R epor t a s a w hol e a nd i n f or m i ng our opi ni on t her eon a nd w e do not pr ov i de a s epa r a t e opi ni on on t hes e m a t t er s Independen t audit or s r epor t t o the members o f ALS Limit ed 84 ALS LIMITED AND IT S SUBSIDIARIES A NNU AL F INANCIAL R EPOR T F OR THE Y EAR E NDED 31 M AR CH 2019 F INANCIAL REPOR T I NDEPENDENT A UDIT OR S REPOR T T O THE MEMBERS OF ALS L IMITED