| In
accordance with the provisions of the decree-law
n° 1/38 dated July 7, 1993, on Banks and Financial
Institutions regulations; it is an honour for us
to present you our report on the implementation
of our mandate to control the financial year 2003.
Our
control was carried out according to the international
account auditing norms and included the analysis
of the documents and other accounting records.
We
have carried out verifications by spot checking
and cross checking and by usual inventory controls
for the year ending December31st, 2003. The verified
existing documents have been found in conformity
with the accounting records.
According
to the general auditing norms, we have examined
the situation of the assets and liabilities and
the losses and profits accounts as at December31st,
2002.
These accounts are in compliance with the balance
of the trial balance.
In
conclusion to our work and in accordance with
the decree-law n° 1/38 dated July 7, 1993,
we can certify that the annual accounts for the
year 2003 show a consolidated total balance sheet
for INTERBANK and INVESTIMMO of BIF 63,722,895,448
and a net profit of BIF 1,110,463,774 and that
the Balance Sheet, the Losses and Profits Account
submitted to you for approval correctly reflect
the financial situation of the bank as at December
31st, 2003.
Done in Bujumbura, January 18th, 2004
Déo
BANDEREMBAKO  Prime
NYAMOYA.-
*******************************
|
Report of he Auditors