INTEGRATED ANNUAL REPORT 2011 GRI RESPONSES  

Independent auditors’ report – non-financial

Report of the independent auditors to the directors of Barloworld Limited on limited assurance procedures regarding selected performance indicators and GRI application level published in Barloworld’s integrated annual report for year ended 30 September 2011.

Scope

You have requested that we perform limited assurance procedures on:

selected performance indicators to be published in Barloworld’s Integrated Annual Report for the year ending 30 September 2011;
the self-declared Global Reporting Initiative G3.1 Guidelines (“GRI G3.1”) A+ application level; and
the calculation of the carbon inventory, direct and indirect energy consumption in accordance with the Greenhouse Gas (“GHG”) Protocol Corporate Standard for the accounting and reporting of greenhouse gas emission (“the carbon inventory, direct and indirect energy consumption calculation”).

Our limited assurance procedures were conducted with the objective of expressing a conclusion on whether anything came to our attention that causes us to believe the selected performance indicators, the GRI G3.1 application level and the carbon inventory, direct and indirect energy consumption calculation are not presented fairly. Limited assurance procedures included examining, on a test basis, evidence supporting these aspects.

The selected performance indicators are as follows:

Statement of total value added (Rm);
Group Corporate Social Investment spend (Rm);
Employee profile, limited to: number of employees; employee breakdown by race; and male and female employee breakdown;
Lost time injuries and fatalities, including lost time injuries frequency rate;
Certified Quality Management Systems;
Fuel consumption (ML);
Electricity consumption (MWh);
Water consumption (ML);
Carbon emissions (CO2e tons); and
Energy consumption (GJ), including consumption by primary source.

Assurance process and standard

We have conducted our limited assurance engagement procedures in accordance with International Standards for Assurance applicable to Assurance Engagements Other Than Audits or Reviews of Historical Financial Information (“ISAE 3000”). This standard requires that we plan and perform the procedures to obtain limited assurance that the selected performance indicators, the GRI G3.1 application level and the carbon inventory, direct and indirect energy consumption calculation are presented fairly in accordance with the criteria set out in the Integrated Annual Report. The procedures conducted do not provide all the evidence that would be required in a reasonable assurance engagement and, accordingly, we do not express a reasonable assurance opinion.

Our work consisted of:

Gaining an understanding of systems through interview with management responsible for reporting systems at corporate head office and site level; and
Reviewing the systems and procedures to capture, collate, aggregate, validate and process source data for the assured performance data included in the Report.

Responsibilities

Directors’ responsibility

The directors are responsible for the preparation of the Integrated Annual Report, including the implementation and execution of systems to collect required sustainability data in accordance with the internal corporate policies and procedures, and the GRI G3.1 Guidelines.

Auditors’ responsibility

Our responsibility is to express a limited assurance conclusion on the selected performance indicators, the GRI G3.1 Application level and the carbon inventory, direct and indirect energy consumption calculation based on our assurance engagement.

Considerations and limitations

Non-financial data is subject to more inherent limitations than financial data, given both its nature and the methods used for determining, calculating or estimating such data. We have not undertaken work to confirm that all relevant issues are included, nor have we carried out any work on data reported in respect of future projections and targets. We have not conducted any work outside of the agreed scope and therefore restrict our opinion to the agreed sustainable development performance data, the GRI G3.1 application level and the carbon inventory, direct and indirect energy consumption calculation.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the selected performance indicators listed above and the calculation of the consolidated direct and indirect energy consumption and carbon emissions inventory for the year ended 30 September 2011 are not fairly presented and compliant with the requirements of the GHG Protocol Corporate Standard for the accounting and reporting of greenhouse gas emissions.

Based on our review, including consideration of the Integrated Annual Report and related information provided on Barloworld’s website, nothing has come to our attention that causes us to believe that Management’s assertion that their reporting meets the requirements of the A+ application level of the GRI G3.1 Guidelines is not fairly stated.

Deloitte & Touche
Registered Auditor
Per GM Berry
Partner
 
1 December 2011

National Executive: GG Gelink chief executive, AE Swiegers chief operating officer, GM Pinnock Audit, DL Kennedy Risk advisory and legal services, NB Kader Tax, L Geeringh Consulting, L Bam Corporate Finance, JK Mazzocco Human Resources, CR Beukman Finance, TJ Brown chairman of the board, MJ Comber deputy chairman of the board.

A full list of partners and directors is available on request.

B-BBEE rating: Level 2 contributor/AAA (certified by Empowerdex).

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