Konica Minolta 1999 Annual Report Download - page 30

Download and view the complete annual report

Please find page 30 of the 1999 Konica Minolta annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 34

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34

26 KONICA
Report of Independent Certified Public Accountants
KONICA CORPORATION AND CONSOLIDATED SUBSIDIARIES
To: The Board of Directors of
KONICA CORPORATION
We have audited the accompanying consolidated balance sheets of KONICA CORPORATION and its subsidiaries as of March 31,
1999 and 1998, and the related consolidated statements of income, retained earnings, and cash flows for the years then ended,
all expressed in Japanese Yen. Our audits were made in accordance with auditing standards, procedures and practices generally
accepted and applied in Japan and, accordingly, included such tests of the accounting records and such other auditing procedures
as we considered necessary in the circumstances.
In our opinion, the consolidated financial statements referred to above present fairly the consolidated financial position of KONICA
CORPORATION and its subsidiaries as of March 31, 1999 and 1998, and the consolidated results of their operations and their cash
flows for the years then ended in conformity with accounting principles and practices generally accepted in Japan (see Note 1 (a))
applied on a consistent basis.
The amounts expressed in U.S. Dollars, provided solely for the convenience of the reader, have been translated on the basis set forth
in Note 2 to the accompanying consolidated financial statements.
Tokyo, Japan
June 29, 1999
Chuo Audit Corporation is a member of Coopers & Lybrand International, a limited liability association incorporated in Switzerland.