SkyWest Airlines 2004 Annual Report Download - page 32

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30
INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Board of Directors and Stockholders SkyWest, Inc.:
We have audited the accompanying consolidated statements of income, stockholders' equity and comprehensive income, and
cash flows of SkyWest, Inc and Subsidiaries for the year ended December 31, 2002. In connection with our audit of the
consolidated financial statements, we also have audited the accompanying financial statement schedule for the year ended
December 31, 2002. These consolidated financial statements and financial statement schedule are the responsibility of the
Company's management. Our responsibility is to express an opinion on these consolidated financial statements and financial
statement schedule based on our audit.
We conducted our audit in accordance with auditing standards generally accepted in the United States of America. 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 audit provides a reasonable
basis for our opinion.
In our opinion, the consolidated financial statements referred to above presents fairly, in all material respects, the results of
operations and the cash flows of SkyWest, Inc. and subsidiaries for the year ended December 31, 2002, in conformity with
accounting principles generally accepted in the United States of America. Also, in our opinion, the related financial statement
schedule for the year ended December 31, 2002, when considered in relation to the basic consolidated financial statements taken
as a whole, presents fairly, in all material respects, the information set forth therein.
As discussed in Note 1 to the consolidated financial statements, the Company changed its method of accounting for CRJ200
engine overhaul costs from the accrual method to the direct expense method in 2002.
/s/ KPMG LLP
Salt Lake City, Utah
March 27, 2003