External Audit

Based on the resolution of PT Kalbe FarmaTbk’s Annual GMS held on May 31, 2016, the authority to appoint an Independent Public Accountant to conduct audits on the Company’s Financial Statements for the fiscal year that ended on 31 December 2016 was granted to the Company’s Board of Directors with the approval of the Board of Commissioners and after taking into account advises presented by the Audit Committee.

To ensure effective external audit implementation, the external audit process and findings are reviewed and evaluated by the Audit Committee through regular meetings between the Audit Committee and the external auditor. The appointed PAF has completed its work independently, according to professional standards of public accountant, and the agreed contracts and scope of audit work.

 

Based on their audit works, the appointed public accounting firm has issued its “unqualified opinion” for the Company’s Financial Statements for the year that ended on 31 December 2016.