direCtors'

responsiBilitY stateMent

The directors are required by the Companies Act, 1965 to prepare financial statements for each financial year

which have been made out in accordance with Financial reporting Standards, the MASB approved Accounting

Standards in Malaysia for entities other than Private entities and the provisions of the Companies Act, 1965

so as to exhibit a true and fair view of the state of affairs of the Group and Company as at 31 december

2010 and of the results and cash flows of the Group and Company for the financial year then ended.

In preparing the financial statements, the directors have:-

·

Selected and applied the appropriate and relevant accounting policies on a consistent basis;

·

Made judgments and accounting estimates that are reasonable and prudent in the circumstances; and

·

Prepared the annual audited  nancial statements on a going concern basis.

The directors are responsible to ensure that the Group and the Company keeps accounting records which

disclose with reasonable accuracy the financial position of the Group and Company.

The directors also have the overall responsibilities to take such steps to safeguard the assets of the Group

and for the establishment, designation, implementation and maintenance of appropriate accounting and internal

control systems for the prevention and detection of fraud and other irregularities relevant to the preparation

and fair presentation of financial statements that are free from material misstatement.

pg 160

annual report 2010

Axiata Group Berhad

(242188-H) ·