PNC Bank 2005 Annual Report Download - page 64

64
ITEM 8 - FINANCIAL STATEMENTS AND
SUPPLEMENTARY DATA
REPORT OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM
To the Board of Directors and Shareholders of
The PNC Financial Services Group, Inc.
Pittsburgh, Pennsylvania
We have audited the accompanying consolidated balance sheet
of The PNC Financial Services Group, Inc. and subsidiaries
(the “Company”) as of December 31, 2005 and 2004, and the
related consolidated statements of income, shareholders’
equity, and cash flows for each of the three years in the period
ended December 31, 2005. These financial statements are the
responsibility of the Company’ s management. Our
responsibility is to express an opinion on these 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
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, such consolidated financial statements present
fairly, in all material respects, the financial position of The
PNC Financial Services Group, Inc. and subsidiaries as of
December 31, 2005 and 2004, and the results of their
operations and their cash flows for each of the three years in
the period ended December 31, 2005, in conformity with
accounting principles generally accepted in the United States of
America.
We have also audited, in accordance with the standards of the
Public Company Accounting Oversight Board (United States),
the effectiveness of the Company’ s internal control over
financial reporting as of December 31, 2005, based on the
criteria established in Internal Control-Integrated Framework
issued by the Committee of Sponsoring Organizations of the
Treadway Commission and our report dated March 3, 2006
expressed an unqualified opinion on management’ s assessment
of the effectiveness of the Company’ s internal control over
financial reporting and an unqualified opinion on the
effectiveness of the Company’ s internal control over financial
reporting.
/s/Deloitte & Touche LLP
Pittsburgh, Pennsylvania
March 3, 2006