Page 160 - Thailand Post Annual Report 2024

Part 1
Overview of the Organization
Part 2
Business Trends
Part 3
Business Model
Part 4
Strategies and Resource Allocation
Part 5
Risk
Part 6
Corporate Governance
Part 7
Operating Results
Part 8
Other Information
Auditor’s Report
To the Shareholders and Board
of Thailand Post Company Limited
Opinion
I have audited the consolidated financial statements of Thailand Post Company Limited and its subsidiaries (the “Group of Companies”) and the separate financial statements of Thailand Post Company Limited (the “Company”) which comprise the consolidated and separate statements of financial position as at 31 December 2024, and the related consolidated and separate statements of comprehensive income, consolidated and separate changes in shareholders’ equity, and consolidated and separate cash flows for the year then ended, and notes to the consolidated and separate financial statements, including a summary of significant accounting policies.
In my opinion, the aforementioned consolidated and separate financial statements present the financial position of Thailand Post Company Limited and its subsidiaries as at 31 December 2024, and its financial performance and cash flows for the year then ended, with accuracy as it should be in material matters in accordance with Financial Reporting Standards.
Basis for opinion
I conducted my audit in accordance with the Standards of State Audit and the Standards of Auditing. My responsibilities are described in the Auditor’s Responsibilities for the Audit of the Consolidated and Separate Financial Statements section of my report. I am independent of Companies and Subsidiaries in accordance with the Standards of State Audit determined by the State Audit Commission and Code of Ethics for Professional Accountants, including Independence Standards issued by the Federation of Accounting Professions (Code of Ethics for Professional Accountants) that are relevant to my audit of the consolidated and separate financial statements, and I have fulfilled my other ethical responsibilities in accordance with the Standards of State Audit and the Code of Ethics for Professional Accountants. I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my opinion.
Other Matters
The Standards of State Audit mentioned in the Basis for Opinion section and the Auditor’s Responsibilities for the Audit of the Financial Statements section relate only to the audit of financial statements prepared by the Management in accordance with Financial Reporting Standards.
Other Information
The Management is responsible for other information. Other information comprises the information included in annual report of the Company, but does not include the consolidated and separate financial statements and auditor’s report presented in such annual report, which is expected to be prepared for me after the date of the auditor’s report.
My opinion on the financial statements does not cover other information and I do not express any form of assurance conclusion on any other information.
My responsibility, in connection with audit of the financial statements, is to read and consider whether other information is materially inconsistent with the financial statements or knowledge obtained in my audit, or whether other information appears to contain material misstatement.
When I read the annual report of the Company, if I conclude that there is a material misstatement therein, I am required to communicate the matter to the Management or those charged with governance to take subsequent appropriate corrective action.
158 Thailand Post Company Limited