Attached files

file filename
10-K - FORM 10-K - LIFETIME BRANDS, INCd277004d10k.htm
EX-21.1 - SUBSIDIARIES OF THE REGISTRANT - LIFETIME BRANDS, INCd277004dex211.htm
EX-23.1 - CONSENT OF ERNST & YOUNG LLP - LIFETIME BRANDS, INCd277004dex231.htm
EX-31.1 - CERTIFICATION BY JEFFREY SIEGEL, CHIEF EXECUTIVE OFFICER AND PRESIDENT - LIFETIME BRANDS, INCd277004dex311.htm
EX-31.2 - CERTIFICATION BY LAURENCE WINOKER, SENIOR V. P.-CHIEF FINANCIAL OFFICER - LIFETIME BRANDS, INCd277004dex312.htm
EXCEL - IDEA: XBRL DOCUMENT - LIFETIME BRANDS, INCFinancial_Report.xls
EX-32.1 - CERTIFICATION BY JEFFREY SIEGEL AND LAURENCE WINOKER - LIFETIME BRANDS, INCd277004dex321.htm

Exhibit 99.1

 

LOGO

IBDO

Tel.: +52 (55) 8503 4200 Fax: +52 (55) 8503 4299 www.bdomexico.com

Castillo Miranda y Compania, S.C, Paseo de la Reforma 505-31 CoLonia Cuauhtemoc Mexico, D.F. CP 06500

Report of Independent Registered Accounting Firm To the Shareholders of Grupo Vasconia, S.A.B. We have audited the accompanying consolidated balance sheet of Grupo Vasconia, S.A.B. and Subsidiaries as of December 31, 2011 and the related consolidated statements of income, changes in shareholders’ equity and statements of cash flows for the year then ended. These consolidated financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these consolidated financial statements based on our audit. The consolidated financial statements of the Company as of December 31, 2010 and for the year then ended, which are presented solely for comparative purposes, were audited by other independent public accountants who issued their unqualified opinion on March 08, 2012. We conducted our audit in accordance with generally accepted auditing standards in Mexico. These standards require that we plan and perform the audit in order to obtain reasonable assurance as to whether the financial statements are free of material misstatements and whether they are prepared according to Mexican financial reporting standards. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the financial information reporting standards used, the significant estimates made by Management and the overall financial statement presentation. We believe that our audit provide a reasonable basis for our opinion. In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of Grupo Vasconia, S.A.B, and Subsidiaries as of December 31, 2011, and the results of its consolidated operations, the consolidated changes in shareholders’ equity and the consolidated cash flows for the year then ended, in conformity with Mexican financial reporting standards.These consolidated financial statements have been translated into English solely for the convenience of readers of this language. In all cases where there are any disagreements between the English and Spanish versions, the Spanish verson shall be considered authoritative and controlling. Castillo Miranda y Cia., S.C. Bernardo Soto Penafiel, CPA Mexico City, as of February 29, 2012. Castillo Miranda y Compania, S. C, IBDO Castillo Miranda) es una soctedad civil mexicana de contadores publicos y consultores de empresas, miembro de BDO International Limited, una compania del Reino Unido limitada por garantia, y forma parte de la red internacional de firmas independientes de BDO.