EX-23.3 4 m08474ex23-3.txt CONSENT OF ALA (NEVADA) INC. 1 EXHIBIT NO. 23.3: Consent of independent auditors of ALA (Nevada) Inc. Consent of independent auditors of ALA (Nevada) Inc. We consent to the incorporation by reference in registration statements No. 333-89711, 33-6070, 33-34716 and 33-61790 on Form S-8 and registration statements No. 333-76535, 2-78568, 2-78713 and 33-82754 on Form S-3 of Alcan Aluminium Limited of our report dated August 20, 1999, with respect to the balance sheets of ALA (Nevada) Inc. as of December 31, 1998 and 1997, and the related statements of income, shareholders' equity, and cash flows for the year ended December 31, 1998 and for the period from April 10, 1997 (inception) to December 31, 1997, (not appearing separately therein), which report appears in the Current Report on Form 8-K/A of Alcan Aluminium Limited dated December 21, 2000. Zurich, Switzerland December 21, 2000 /s/ KPMG Fides Peat ------------------------ KPMG Fides Peat 7 2 CONSOLIDATED BALANCE SHEET AS AT 31 DECEMBER
CONSOLIDATED FINANCIAL STATEMENTS NOTE* 1997 1998 1999 --------------------------------- ----- ---- ---- ---- (In million of CHF) ASSETS FIXED ASSETS Property, plant and equipment 4 6,926 7,156 8,015 Accumulated depreciation 4 (4,518) (4,676) (5,121) Intangible assets and goodwill 4 255 246 282 Other non current assets and deferred items 4, 23 122 87 118 Investments in affiliates 4, 6 21 19 34 Long-term loans and advances 4, 14 51 11 7 ------ ------ ------ TOTAL FIXED ASSETS 4 2,857 2,843 3,335 ====== ====== ====== CURRENT ASSETS Inventories 7 1,092 1,120 1,226 Trade receivables 8 940 926 1 087 Other receivables, prepaid expenses and accrued income 9 368 325 339 Short-term advances and other financial assets 14 33 17 74 Cash and cash equivalents 10, 14 328 360 611 ------ ------ ------ TOTAL CURRENT ASSETS 2,761 2,748 3,337 ====== ====== ====== Net assets of discontinuing operations 28 1,880 1,809 0 ------ ------ ------ TOTAL ASSETS 7,498 7,400 6,672 ====== ====== ====== LIABILITIES AND SHAREHOLDERS' EQUITY Share capital 780 629 642 Consolidated reserves 1,985 2,472 716 TOTAL SHAREHOLDERS' EQUITY 2,765 3,101 1,358 MINORITY INTERESTS 32 41 40 LIABILITIES Long-term provisions 13, 23 633 608 641 Long-term debt: Bonds 14, 17 828 867 766 Due to banks and other financial institutions 14 696 333 322 ------ ------ ------ TOTAL LONG-TERM LIABILITIES 2,157 1,808 1,729 ====== ====== ====== Current liabilities: Trade payables 16 752 702 751 Other liabilities and deferred items 15 832 765 1 089 Short-term debt: Due to banks and other financial institutions 14 892 980 1 705 Long-term debts due within one year 14 68 3 0 ------ ------ ------ TOTAL CURRENT LIABILITIES 2,544 2,450 3,545 ------ ------ ------ TOTAL LIABILITIES 4,701 4,258 5,274 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 7,498 7,400 6,672 ====== ====== ======
* See the accompanying notes to the consolidated financial statements. 11