We are the auditors of Temasek Holdings (Private) Limited
(”Temasek”). We have audited the statutory consolidated
financial statements of Temasek and its subsidiaries (the
”Group”) for the financial years ended 31 March 2008 to 2021
and have issued unmodified audit
reports. The statutory consolidated financial statements for
the financial years ended 31 March 2002 to 2007 were audited by PricewaterhouseCoopers
LLP whose auditors’
reports were also unmodified.
Under the Singapore Companies Act, Chapter 50, Temasek is an exempt
private company and is not required to publish its statutory
consolidated financial statements.
Management is responsible for the preparation and presentation of the
Group Financial Summary for the financial years ended 31 March 2002 to
2021. The Group Financial Summary consists of the Group Income
Statements, Group Balance Sheets and Group Cash Flow Statements as at
and for the financial years ended 31 March 2002 to 2021 and Group
Statements of Changes in Equity for the financial years ended 31 March
2020 and 2021, which is derived from the statutory consolidated
financial statements that were prepared in accordance with applicable
financial reporting standards, for inclusion in the Temasek
Review. The Group Financial Summary does not contain all the
disclosures required by the applicable financial reporting standards
applied in the preparation of the statutory consolidated financial
statements. Reading the Group Financial Summary, therefore, is not a
substitute for reading the statutory consolidated financial statements.
Our responsibility is to express an opinion on whether the Group
Financial Summary for the financial years ended 31 March 2004 to 2021 is
consistent, in all material respects, with the statutory consolidated
financial statements based on our procedures, which were conducted in
accordance with Singapore Standard on Auditing (SSA) 810 (Revised)
- Engagements to Report on Summary Financial Statements.
In our opinion, the accompanying Group Financial Summary for the
financial years ended 31 March 2004 to 2021 is consistent, in all
material respects, with the statutory consolidated financial statements
for each of the respective years.
The Group Financial Summary for the financial years ended 31 March 2002
to 2003 were extracted from the statutory consolidated financial
statements for each of the respective years.
KPMG LLP
Public Accountants and Chartered
Accountants
Singapore
28 June 2021
