Statement by the Management Board
In Control Statement
As the Management Board, we are responsible for the adequate design and effectiveness of our risk management and control system. In 2020, 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 the report provides sufficient insights into any failings in the effectiveness of Alliander’s internal risk management and control system. The aforementioned system provides reasonable assurance that the financial reporting does not contain any material misstatements. Moreover, the Management Board is of the opinion that, based on the current state of affairs, it is appropriate to prepare the financial reports on a going concern basis and that the report states those material risks and uncertainties that are relevant to the expected continuity of the company for a period of twelve months after the preparation of the report.
Board of Directors’ statement of responsibilities
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 2020 and of the business during the 2020 financial year of Alliander N.V. and its group companies, the results of which are included in the financial statements; and
the key risks to which Alliander N.V. is exposed are described in the annual report.
Arnhem, Netherlands, 15 February 2021
Maarten Otto, Management Board chair/CEO
Marlies Visser, Management Board member/COO
Walter Bien, Management Board member/CFO
Daan Schut, Management Board member/CTO