Asus 2011 Annual Report Download - page 96

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Independent Auditors’ Report
To the Board of Directors and Shareholders of
ASUSTEK COMPUTER INC.:
We have audited the accompanying balance sheets of ASUSTEK COMPUTER INC. as of
December 31, 2011 and 2010, the related statements of income, of changes in stockholders’
equity and of cash flows for the years then ended. 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 did not audit the financial statements of
certain investee companies accounted for under the equity method. These long-term equity
investments amounted to $22,868,192,000 and $22,605,982,000 as of December 31, 2011 and
2010, respectively, the investments with credit balances amounted to $793,962,000 and
$757,225,000 as of December 31, 2011 and 2010, respectively, and the related investment
(loss) income amounted to ($9,735,000) and $2,763,939,000 for the years then ended,
respectively. The financial statements of these investee companies were audited by other
auditors whose reports thereon have been furnished to us and our opinion expressed herein,
insofar as it relates to the amounts included in the financial statements and information
disclosed relative to these investee companies, is based solely on the reports of other auditors.
We conducted our audits in accordance with the “Regulations Governing Auditing and
Attestation of Financial Statements by Certified Public Accountants” and generally accepted
auditing standards in the Republic of China. Those rules and 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 and
the reports of other auditors provide a reasonable basis for our opinion.
In our opinion, based on our audits and the reports of other auditors, the financial statements
referred to in the first paragraph present fairly, in all material respects, the financial position
of ASUSTEK COMPUTER INC. as of December 31, 2011 and 2010, and the results of its
operations and its cash flows for the years then ended, in conformity with the “Regulations
Governing the Preparation of Financial Reports by Securities Issuers” and generally accepted
accounting principles in the Republic of China.