Adidas 2000 Annual Report Download - page 97

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adidas-Salomon ANNUAL REPORT 2000
93
Auditors’ Report
Auditors’ Report
To the Executive Board and Supervisory Board
adidas-Salomon AG
Herzogenaurach, Germany
We have audited the accompanying consolidated balance sheet
of adidas-Salomon AG and subsidiaries as at December 31,
2000 and the related consolidated statement of income,
state-
ment of changes in equity and cash flows for the year then
ended. These consolidated financial statements in accordance
with International Accounting Standards (IAS) are the responsi-
bility
of the Company’s Management. Our responsibility is to
express an opinion on these consolidated financial statements
based on our audit.
We conducted our audit in accordance with International
Standards on Auditing (ISA). Those standards require that we
plan and perform the audit to obtain reasonable assurance
about whether the consolidated financial statements are free of
material misstatement. An audit includes examining, on a test
basis, evidence supporting the amounts and disclosures in
the consolidated 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
audit provides a reasonable basis for our opinion.
In our opinion the consolidated financial statements give a
true and fair view of the financial position of the Group as at
December 31, 2000 and the results of their operations and
their cash flows for the year then ended in accordance with
International Accounting Standards.
Frankfurt am Main, February 16, 2001
KPMG Deutsche Treuhand-Gesellschaft
Aktiengesellschaft
Wirtschaftsprüfungsgesellschaft
Dieter Kuhn Stefan Hegenbarth
Wirtschaftsprüfer Wirtschaftsprüfer