41
Independent Auditors’ Report to the Members of
NTUC FairPrice Co-operative Limited (cont’d)
Opinion
In our opinion:
a) the receipts, expenditure, investment of moneys and the acquisition and disposal of assets by the Co-operative
during the year ended December 31, 2014 are in all material respects, in accordance with the provisions of the Act
and the By-laws of the Co-operative; and
b) proper accounting and other records have been kept by the Co-operative.
Deloitte & Touche LLP
Public Accountants and
Chartered Accountants
Singapore
April 23, 2015
