Statement by the Management Board
In Control Statement
As the Management Board, we are responsible for the adequate design and effectiveness of our risk management and control system. In 2019, we evaluated the design and effectiveness of this framework, based in part on the business control information, the Internal Audit reports and the management letter from the external auditor. The outcomes of this evaluation were periodically discussed with the Supervisory Board.
The risk management and control system cannot provide absolute assurance that the corporate objectives will be achieved, nor can it give any absolute guarantee that material errors, losses, fraud or violations of legislation and regulations will not occur in the processes or in the financial reporting.
With due regard to the above, the Management Board is of the opinion that the report provides sufficient insights into any failings in the effectiveness of Alliander’s internal risk management and control system. The aforementioned system provides reasonable assurance that the financial reporting does not contain any material misstatements. Moreover, the Management Board is of the opinion that, based on the current state of affairs, it is justified that the financial reporting is prepared on a going concern basis and the report states those material risks and uncertainties that are relevant to the expectation of the company’s continuity for the period of twelve months after the preparation of the report.
Statement of Responsibility by the Management Board
We state that:
the financial statements provide a true and fair view of the assets, liabilities, financial position and profit of Alliander N.V. and its consolidated companies;
the additional information provided by the Management Board, as included in this annual report, provides a true and fair view of the position as at 31 December 2019 and of the business during the 2019 financial year of Alliander N.V. and its group companies, the results of which are included in the financial statements; and
the key risks to which Alliander N.V. is exposed are described in the annual report.
Arnhem, Netherlands, 14 February 2020
Ingrid Thijssen, Management Board chair/CEO
Walter Bien, Management Board member/CFO
Daan Schut, Management Board member/CTO