AT&T Wireless 2012 Annual Report Download - page 95

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AT&T Inc. | 93
The Board of Directors and Stockholders of AT&T Inc.
We have audited the accompanying consolidated balance sheets of AT&T Inc. (the Company) as of December 31, 2012 and
2011, and the related consolidated statements of income, comprehensive income, changes in stockholders’ equity, and cash
flows for each of the three years in the period ended December 31, 2012. These financial statements are the responsibility of
the Company’s management. Our responsibility is to express an opinion on these financial statements 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, the financial statements referred to above present fairly, in all material respects, the consolidated financial
position of the Company at December 31, 2012 and 2011, and the consolidated results of its operations and its cash flows
for each of the three years in the period ended December 31, 2012, in conformity with U.S. generally accepted accounting
principles.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States),
the Company’s internal control over financial reporting as of December 31, 2012, based on criteria established in Internal
Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission and our
report dated February 22, 2013 expressed an unqualified opinion thereon.
Dallas, Texas
February 22, 2013
Report of Independent Registered Public Accounting Firm
Dollars in millions except per share amounts