Logitech 2003 Annual Report Download - page 59

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F-2
REPORT OF THE GROUP AUDITORS TO THE GENERAL MEETING OF
LOGITECH INTERNATIONAL S.A. APPLES, SWITZERLAND
As group auditors, we have audited the consolidated financial statements of Logitech International S.A. and its
subsidiaries, consisting of the consolidated balance sheets at March 31, 2003 and 2002, the consolidated statements of
income, of cash flows and of changes in shareholders' equity for the years ended March 31, 2003, 2002 and 2001, and
the notes to the consolidated financial statements.
These consolidated financial statements are the responsibility of the Board of Directors of Logitech International
S.A. Our responsibility is to express an opinion on these consolidated financial statements based on our audit. We
confirm that we meet the Swiss legal requirements concerning professional qualification and independence.
Our audit was conducted in accordance with auditing standards promulgated by the profession in Switzerland
and those generally accepted in the United States of America, which require that an audit be planned and performed
to obtain reasonable assurance about whether the consolidated financial statements are free from material
misstatement. We have examined on a test basis evidence supporting the amounts and disclosures in the consolidated
financial statements. We have also assessed the accounting principles used, significant estimates made and the
overall consolidated financial statement presentation. We believe that our audit provides a reasonable basis for our
opinion.
In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position
of Logitech International S.A. and its subsidiaries at March 31, 2003 and 2002 and the results of operations, cash
flows and changes in shareholders’ equity for the years ended March 31, 2003, 2002 and 2001 in accordance with
accounting principles generally accepted in the United States of America and comply with Swiss law.
We recommend that the consolidated financial statements submitted to you be approved.
PricewaterhouseCoopers SA
M. Foley M. Perry
Lausanne, Switzerland
April 22, 2003