Commercial Bank of Africa Limited financial statement

Apr 29, 2020

REPORT OF THE INDEPENDENT AUDITOR ON THE SUMMARY FINANCIAL STATEMENTS TO THE MEMBERS OF COMMERCIAL BANK OF AFRICA (UGANDA) LIMITED

Opinion 

The summary financial statements, which comprise the summary statement of financial position as at 31 December 2019, the summary statement of comprehensive income for the year then ended, and other disclosures, are derived from the audited financial statements of Commercial Bank of Africa (Uganda) Limited for the year ended 31 December 2019. 

In our opinion, the accompanying summary financial statements are consistent, in all material respects, with the audited financial statements, in accordance with the Financial Institutions Act, 2004 (as amended 2016). 

Summary Financial Statements 

The summary financial statements do not contain all the disclosures required by International Financial Reporting Standards, the Financial Institutions Act, 2004 (as amended 2016) and the Companies' Act of Uganda. Reading the summary financial statements and the auditor's report thereon, therefore, is not a substitute for reading the audited financial statements and the auditor's report thereon.

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