Creative 2000 Annual Report Download - page 15

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15
TO THE BOARD OF DIRECTORS AND
SHAREHOLDERS OF CREATIVE TECHNOLOGY LTD.
In our opinion, the accompanying consolidated balance sheets and the related consolidated statements of operations, of cash
flows and of shareholders’ equity present fairly, in all material respects, the financial position of Creative Technology Ltd.
and its subsidiaries at June 30, 2000 and 1999, and the results of their operations and their cash flows for each of the three
years in the period ended June 30, 2000, in conformity with accounting principles generally accepted in the United States.
These financial statements are the responsibility of Creative’s management; our responsibility is to express an opinion on
these financial statements based on our audits. We conducted our audits of these statements in accordance with auditing
standards generally accepted in the United States, which 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, assessing the accounting principles used
and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that
our audits provide a reasonable basis for the opinion expressed above.
PricewaterhouseCoopers
Singapore
August 3, 2000 except as to Note 14 which is as of October 4, 2000.
REPORT OF INDEPENDENT ACCOUNTANTS