ADT 2005 Annual Report Download - page 153

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Directors and Shareholders of
Tyco International Ltd.
We have audited the accompanying consolidated balance sheets of Tyco International Ltd. and
subsidiaries (the ‘‘Company’’) as of September 30, 2005 and 2004, and the related consolidated
statements of income, shareholders’ equity, and cash flows for the years then ended. Our audit also
included the financial statement schedule for the years ended September 30, 2005 and 2004, listed in
the Index at Item 15a. These financial statements and the financial statement schedule are the
responsibility of the Company’s management. Our responsibility is to express an opinion on these
financial statements and the financial statement schedule based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting
Oversight Board (United States). Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material misstatement. An
audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the
financial statements. An audit also includes assessing the accounting principles used and significant
estimates made by management, as well as evaluating the overall financial statement presentation. We
believe that our audits provide a reasonable basis for our opinion.
In our opinion, such consolidated financial statements present fairly, in all material respects, the
financial position of the Company as of September 30, 2005 and 2004, and the results of its operations
and its cash flows for the years then ended in conformity with accounting principles generally accepted
in the United States of America. Also, in our opinion, such financial statement schedule, when
considered in relation to the basic consolidated financial statements taken as a whole, presents fairly, in
all material respects, the information set forth therein.
As discussed in Notes 8 and 18 to the consolidated financial statements, in 2005, the Company
changed the measurement date of its pension and post retirement plans from September 30 to
August 31.
We have also audited, in accordance with the standards of the Public Company Accounting
Oversight Board (United States), the effectiveness of the Company’s internal control over financial
reporting as of September 30, 2005, based on the criteria established in Internal Control—Integrated
Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission and our
report dated December 9, 2005 expressed an unqualified opinion on management’s assessment of the
effectiveness of the Company’s internal control over financial reporting and an unqualified opinion on
the effectiveness of the Company’s internal control over financial reporting.
/s/ DELOITTE & TOUCHE LLP
DELOITTE & TOUCHE LLP
New York, New York
December 9, 2005
2005 Financials 77