Dish Network 2001 Annual Report Download - page 67

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REPORT OF ARTHUR ANDERSEN LLP, INDEPENDENT PUBLIC ACCOUNTANTS
F–2
To EchoStar Communications Corporation:
We have audited the accompanying consolidated balance sheets of EchoStar Communications Corporation (a
Nevada corporation) and subsidiaries as of December 31, 2000 and 2001, and the related consolidated statements of
operations and comprehensive loss, changes in stockholders’ deficit and cash flows for each of the three years in the
period ended December 31, 2001. 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 StarBand Communications Inc., the investment in which is reflected in the accompanying
consolidated financial statements as of and for the year ended December 31, 2001 using the equity method of
accounting. The investment in StarBand Communications Inc. represents approximately 0.6% percent of total assets
as of December 31, 2001, and the equity in its net losses represents approximately 16.7% percent of net loss for the
year ended December 31, 2001. The financial statements of StarBand Communications Inc. were audited by other
auditors whose report has been furnished to us and our opinion, insofar as it relates to the amounts included for
StarBand Communications Inc., is based solely on the report of the other auditors.
We conducted our audits in accordance with auditing standards generally accepted in the 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 and the report of other auditors provide a reasonable basis for our opinion.
In our opinion, based on our audit and the report of other auditors, the financial statements referred to above
present fairly, in all material respects, the consolidated financial position of EchoStar Communications Corporation and
subsidiaries as of December 31, 2000 and 2001, and the consolidated results of their operations and their cash flows for
each of the three years in the period ended December 31, 2001, in conformity with accounting principles generally
accepted in the United States.
ARTHUR ANDERSEN LLP
Denver, Colorado,
February 27, 2002.