Auditors Report

To the president and management

of Oman Cement, Inc.

We have examined the accompanying balance sheets and statements of income, retained earnings, and cash flows of Oman Cement, Inc., as of December 31, 2020 and 2019. We performed our examination in accordance with auditing standards generally accepted in the Oman and examined, on a test basis, evidence supporting the accounting principles used and estimates made by management.

In our opinion, the financial statements referred to above accurately present the financial position of Oman Cement., in conformity with IFRS principles.

KPMG, December 31, 2020

Other Information

Oman Cement is a for-profit corporation and publishes comparative financial statements for distribution to shareholders, potential investors, and the general public. The client has a calendar year-end. For the most recent audit, the auditor completed

all significant fieldwork on March 5, 2020 and issued the audit report on March 16, 2020. During 2019, Oman Cement changed its method of depreciating long-term assets and properly reflected the effect of the change in the current years financial statements, restated the prior years financial statements, and properly discussed the change in a footnote (Note 4) to those statements. The auditors are satisfied that the change was preferable

Required:

Consider all the facts given and rewrite the complete auditors report, including report title, address, body of report, name of firm, and audit report date