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Annual report of the Bank Guarantee Fund
2020
2
INDEPENDENT AUDITOR'S REPORT
ON THE SUMMARY FINANCIAL STATEMENT
Opinion
The attached summary financial statement of the Bank Guarantee Fund in Warsaw
at ul. Fr. Ignacego Skorupki 4, hereinafter referred to as the "Fund", which consists of the balance
sheet prepared as at 31 December 2010, the profit and loss account for the financial year ending
st
on that date and the information on the basis for the preparation of the summary financial
statements was prepared on the basis of the audited annual financial statement of the Fund for
the financial year which ended December 31s, 2020.
In our opinion, the accompanying summarized financial statements of the Bank Guarantee Fund
are consistent, in all material respects, with its audited annual financial statements for 2020, in
line with the principles set out in "Principles for the preparation of summarized financial
statements".
The summary financial statement
The summary financial statement does not contain all the disclosures required by the Accounting
Act of September 29, 1994 (consolidated text: Journal of Laws of 2019, item 351, as amended),
and the implementing regulations issued on its basis, in particular the Ministerial Ordinance Of
Development and Finance of December 9, 2016 on the specific accounting principles of the Bank
Guarantee Fund (Journal of Laws of 2016, item 2115, as amended).
Reading the summary financial statements and the auditor's report thereon is not a substitute for
reading the audited annual financial statement and the auditor's report thereon. The summary
financial statement and the audited financial statement do not reflect the effects of events that
occurred after the date of our report on the audited financial statements.
Audited annual financial statement and our report on it
We expressed an unmodified opinion on the Fund's audited annual financial statement for 2020
in our audit report dated March 20, 2021
The Fund’s Management Board responsibility for the summary financial statement
The Management Board of the Fund is responsible for the preparation of the summary financial
statements in accordance with the basis for preparation described in the section "Principles of
compiling the summary financial statements".
1
Contents
Annual report of the Bank Guarantee Fund
2020
2
INDEPENDENT AUDITOR'S REPORT
ON THE SUMMARY FINANCIAL STATEMENT
Opinion
The attached summary financial statement of the Bank Guarantee Fund in Warsaw
at ul. Fr. Ignacego Skorupki 4, hereinafter referred to as the "Fund", which consists of the balance
sheet prepared as at 31 December 2010, the profit and loss account for the financial year ending
st
on that date and the information on the basis for the preparation of the summary financial
statements was prepared on the basis of the audited annual financial statement of the Fund for
the financial year which ended December 31s, 2020.
In our opinion, the accompanying summarized financial statements of the Bank Guarantee Fund
are consistent, in all material respects, with its audited annual financial statements for 2020, in
line with the principles set out in "Principles for the preparation of summarized financial
statements".
The summary financial statement
The summary financial statement does not contain all the disclosures required by the Accounting
Act of September 29, 1994 (consolidated text: Journal of Laws of 2019, item 351, as amended),
and the implementing regulations issued on its basis, in particular the Ministerial Ordinance Of
Development and Finance of December 9, 2016 on the specific accounting principles of the Bank
Guarantee Fund (Journal of Laws of 2016, item 2115, as amended).
Reading the summary financial statements and the auditor's report thereon is not a substitute for
reading the audited annual financial statement and the auditor's report thereon. The summary
financial statement and the audited financial statement do not reflect the effects of events that
occurred after the date of our report on the audited financial statements.
Audited annual financial statement and our report on it
We expressed an unmodified opinion on the Fund's audited annual financial statement for 2020
in our audit report dated March 20, 2021
The Fund’s Management Board responsibility for the summary financial statement
The Management Board of the Fund is responsible for the preparation of the summary financial
statements in accordance with the basis for preparation described in the section "Principles of
compiling the summary financial statements".
1
Contents
