GameStop 2003 Annual Report Download - page 44

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Table of Contents
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
To the Board of Directors and the Stockholders of
GameStop Corp.
Grapevine, Texas
We have audited the accompanying consolidated balance sheets of GameStop Corp. as of January 31, 2004 and February 1, 2003 and the related consolidated
statements of operations, stockholders’ equity (deficit), and cash flows for the 52 weeks ended January 31, 2004, February 1, 2003 and February 2, 2002. We have also
audited the schedule listed in Item 15(a)(2) of this Form 10-K. These financial statements and the schedule are the responsibility of the Company’s management. Our
responsibility is to express an opinion on these financial statements and the schedule 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 audits to obtain reasonable assurance about whether the financial statements and schedule are free of material misstatement. An audit includes examining,
on a test basis, evidence supporting the amounts and disclosures in the financial statements and schedule. An audit also includes assessing the accounting principles
used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and schedule. 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 GameStop Corp. as of
January 31, 2004 and February 1, 2003 and the results of its operations and its cash flows for the 52 weeks ended January 31, 2004, February 1, 2003 and February 2,
2002 in conformity with accounting principles generally accepted in the United States of America.
Also, in our opinion, the schedule presents fairly, in all material respects, the information set forth therein.
As discussed in Note 2 to the consolidated financial statements, effective February 2, 2003, GameStop Corp. changed its method of accounting for consideration
received from a vendor.
/s/ BDO SEIDMAN, LLP
BDO Seidman, LLP
Dallas, Texas
March 12, 2004
F-2