Electronic Arts 2002 Annual Report Download - page 45

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THE BOARD OF DIRECTORS AND STOCKHOLDERS
ELECTRONIC ARTS INC. AND SUBSIDIARIES:
We have audited the accompanying consolidated balance sheets of Electronic Arts Inc. and subsidiaries as
of March 31, 2002 and 2001, and the related consolidated statements of operations, stockholders’ equity
and comprehensive income, and cash flows for each of the years in the three-year period ended March 31,
2002.These consolidated financial statements are the responsibility of the Company’s management. Our
responsibility is to express an opinion on these consolidated financial statements based on our audits.
We conducted our audits in accordance with auditing standards generally accepted in the United States
of America.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 consolidated financial statements referred to above present fairly, in all material
respects, the financial position of Electronic Arts Inc. and subsidiaries as of March 31, 2002 and 2001, and
the results of their operations and their cash flows for each of the years in the three-year period ended March
31, 2002, in conformity with accounting principles generally accepted in the United States of America.
KPMG LLP
Mountain View, California
May 3, 2002
EA 2002 AR 41
ELECTRONIC ARTS AND SUBSIDIARIES
INDEPENDENT AUDITORS’ REPORT