In Control Statement
As the Management Board, we are responsible for the adequate design and effectiveness of our risk management and control system. In 2016, we evaluated the design and effectiveness of this framework, based in part on the business control information, the Internal Audit reports and the management letter from the external auditor. The outcomes of this evaluation were periodically discussed with the Supervisory Board.
The risk management and control system cannot provide absolute assurance that the corporate objectives will be achieved, nor can it give any absolute guarantee that material errors, losses, fraud or violations of legislation and regulations will not occur in the processes or in the financial reporting.
With due regard to the above, the Management Board is of the opinion that Alliander's risk management and control system operated effectively in the reporting year in relation to management objectives regarding financial reporting and that they provide a reasonable degree of assurance that the financial reporting contains no inaccuracies of material significance.
Statement of responsibility by the Management Board
We state that:
the financial statements provide a true and fair view of the assets, liabilities, financial position and profit of Alliander N.V. and its consolidated companies;
the additional information provided by the Management Board, as included in this annual report, provides a true and fair view of the position as at 31 December 2016 and of the business during the 2016 financial year of Alliander N.V. and its group companies, the results of which are included in the financial statements, and that;
the key risks to which Alliander N.V. is exposed are described in the annual report.
Arnhem, the Netherlands, 6 March 2017
The Management Board
Peter Molengraaf, chairman
Mark van Lieshout, member
Ingrid Thijssen, member