CCS Annual Report 2015-2016

STATEMENT BY COMPETITION COMMISSION

OF SINGAPORE

IN OUR OPINION,

the accompanying financial statements of the Competition Commission of Singapore (the “Commission”), set out

on pages 81 to 96 are properly drawn up in accordance with the provisions of the Competition Act, Chapter 50B

(the “Act”) and Singapore Statutory Board Financial Reporting Standards (“SB-FRS”) so as to give a true and fair

view of the financial position of the Commission as at 31 March 2016, and the financial performance, changes in

equity and cash flows for the financial year ended on that date;

the receipts, expenditure, investment of moneys and the acquisition and disposal of assets by the Commission

during the financial year are in accordance with the provisions of the Act; and

proper accounting and other records have been kept, including records of all assets of the Commission whether

purchased, donated or otherwise.

On behalf of the Commission

SINGAPORE

15 JUNE 2016

TOH HAN LI

Chief Executive

AUBECK KAM

Chairman

FINANCIAL STATEMENTS

CCS ANNUAL REPORT 2015-2016