NetFlix 2013 Annual Report Download - page 47

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Board of Directors and Stockholders
Netflix, Inc.:
We have audited the accompanying consolidated statements of operations, comprehensive income,
stockholders’ equity, and cash flows of Netflix, Inc. and subsidiaries for the year ended December 31, 2011.
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 the standards of the Public Company Accounting Oversight
Board (United States). Those standards require that we plan and perform the audits 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, and evaluating
the overall financial statement presentation. We believe that our audits provide a reasonable basis for our
opinions.
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects,
the results of operations and cash flows of Netflix, Inc. and subsidiaries for the year ended December 31, 2011, in
conformity with U.S. generally accepted accounting principles.
/s/ KPMG LLP
Santa Clara, California
February 10, 2012
45