Auditors' report
In our opinion, the consolidated balance sheet, profit and
loss account, statement of changes in equity, business seg
ments and cash flow statement including the comparative
data for the year 2005, as set out on pages 98 to 103 of this
annual report, -hereafter 'financial statements'- are consistent,
in all material respects, with the consolidated financial
statements 2006 of Rabobank Group 1, of which these
financial statements are a part of. On 5 March 2007 we
issued an unqualified auditors' report to these consolidated
financial statements.
For a better understanding of Rabobank Group's financial
position and results and for an adequate understanding of the
scope of our audit, the financial statements should be read in
conjunction with the consolidated financial statements 2006
from which they have been derived, as well as our auditors'
report thereon.
Utrecht, 5 March 2007
for Ernst Young Accountants
G.H.C. de Meris
1) Rabobank Group consist of Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A.
in Amsterdam, its affiliated Rabobanks, Robeco Group N.V. in Rotterdam,
De Lage Landen International B.V, 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, Rabo Bouwfonds Holding N.V,
in Utrecht, Bank Sarasin Cie AG in Basel, Switzerland and their group companies.
104 Rabobank Group Annual Report 2006