Društvo za reviziju kola š I n

KOLAŠIN , april 2010 godine

„RACIO MONT“ DOO

DRUŠTVO ZA REVIZIJU

KOLAŠIN
Ovlašćeni revizor: DIREKTOR :

Doc. Dr.Todorović Zoran Ovlašćeni revizor

Rakočević Predrag dipl.ecc.

INDEPENDENT AUDITOR'S REPORT

We have audited the statements of financial enterprises Shares of capital, Luka Bar "Bar - Balance Sheet as at the date of 31.12.2009 year, the income statement for the period 1.1.2009-31.12.2009 The balance of cash flows for the period 1.1.2009 to 31.12. 2009 and the statements of changes in equity for the period ended on the date 31.12.2009.
For these financial statements is responsible enterprises Shares of capital Administration, Port Bar "Bar. Our responsibility is to express an opinion on the proper basis of the audit we performed. Audit was performed in accordance with the framework for the audit, which consists of International Standards on Auditing (ISA) and national legislation. International audit standards require that the audit is planned and executed in a manner that enables the high degree of persuasion, persuasion reasonably convince the auditor that the financial statements that were audited are free of material misstatement.
An audit includes examination of evidence, based on checks of selected samples, based on which are confirmed disclosure of information in financial statements that were audited. An audit also includes assessing the principles, evaluation of management, the preparation and presentation of financial statements. We believe that our audit provides a reliable base of information, knowledge and evaluation of financial statements that were audited for the given opinion. The financial statements have been made in accordance with the applicable framework for the drafting, presentation and disclosure of financial testimony in the CG, the International Standards for Financial Reporting (IFRS) as well as in accordance with legal regulations regulating the business in this field.
1.Performed the audit and we check the position by sending a confirmation of claims. Since sent confirmation confirmed our claim below 50% of total receivables, so that did not have to convince this way whether the claims realistically presented, and alternative methods are not able to believe the reality of stated claims.

Apart from the effects of significance in paragraph 1 the financial statements of enterprises Shares of capital, Luka Bar "Bar are objective and fair view of state assets and resources, results of operations, cash flows, as well as the state capital at the date of 31.12.2009. year.