Redbox 2015 Annual Report Download - page 62

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Board of Directors and Stockholders
Outerwall Inc.:
We have audited the accompanying consolidated balance sheets of Outerwall Inc. and subsidiaries (the “Company”) as of
December 31, 2015 and 2014, and the related consolidated statements of comprehensive income, stockholders’ equity (deficit),
and cash flows for each of the years in the period ended December 31, 2015. 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 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, the consolidated financial statements referred to above present fairly, in all material respects, the financial
position of Outerwall Inc. and subsidiaries as of December 31, 2015 and 2014, and the results of their operations and their cash
flows for each of the years in the period ended December 31, 2015, in conformity with U.S. generally accepted
accounting principles.
As discussed in Note 2 to the financial statements, the Company elected to change its method of accounting for content library
amortization in 2013.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States),
Outerwall Inc.’s internal control over financial reporting as of December 31, 2015, based on criteria established in Internal
Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission
(COSO), and our report dated February 4, 2016 expressed an unqualified opinion on the effectiveness of the Company’s
internal control over financial reporting.
(signed) KPMG LLP
Seattle, Washington
February 4, 2016
54