78 Rabobank Group Annual Report 2005
Auditors' report
We have audited the consolidated balance sheet, consolidated profit
and loss account, consolidated statement of changes in equity and
consolidated cash flow statement for the year 2005, hereinafter referred
to as the annual figures, of Rabobank Group 1, as set out on pages 66 to
73 of this report. These annual figures have been derived from the
financial statements of Rabobank Group for the year 2005, which were
audited by us and on which we issued an unqualified auditors' report
on 8 March 2006. These annual figures are the responsibility of the
Executive Board of Rabobank Group. Our responsibility is to express an
opinion thereon based on our audit.
We have established that the annual figures are in accordance with the
financial statements from which they have been derived.
For a better understanding of Rabobank Group's financial position and
results and of the scope of our audit, the annual figures should be read
in conjunction with the full financial statements from which they have
been derived and our auditors' report issued thereon.
Utrecht, 8 March 2006
Ernst Young Accountants
1) Rabobank Group consists of Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. in
Amsterdam, its affiliated Rabobanks, Robeco Group N.V. in Rotterdam, De Lage Landen
International BV, in Eindhoven, Schretlen Co N.V. in Amsterdam, FGH Bank N.V. in Utrecht,
Rabohypotheekbank N.V. in Amsterdam, Onderlinge Waarborgmaatschappij Rabobanken B.A.
in Amsterdam and their group companies.
