Statement of directors' responsibilities
The Interim Report and Accounts is the responsibility of, and has been approved by, the directors. The directors are responsible for preparing the Interim Report and Accounts in accordance with the Disclosure and Transparency Rules of the United Kingdom's Financial Services Authority. The Disclosure and Transparency Rules (‘DTR’) require that the accounting policies and presentation applied to the half-yearly figures must be consistent with those applied in the latest published annual accounts, except where the accounting policies and presentation are to be changed in the subsequent annual accounts, in which case the new accounting policies and presentation should be followed, and the changes and the reasons for the changes should be disclosed in the Interim Report and Accounts, unless the United Kingdom Financial Services Authority agrees otherwise.
The directors confirm that this condensed set of financial statements has been prepared in accordance with International Accounting Standard 34, ‘Interim Financial Reporting’ as adopted by the European Union, and that the interim management report herein includes a fair review of the information required by DTR 4.2.7 and DTR 4.2.8.
The directors of Smiths Group plc are listed in the Smiths Group plc Annual Report and Accounts for the period ended 31 July 2007, with the exception of the following changes that took place in the six months ended 2 February 2008:
- Mr K O Butler-Wheelhouse retired on 10 December 2007
- Mr P Bowman was appointed on 10 December 2007
By Order of the Board
John Langston
Finance Director
19 March 2008