Suzuki 2000 Annual Report Download - page 34

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REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS
To the Board of Directors of
Suzuki Motor Corporation
We have examined the accompanying consolidated balance sheets of Suzuki Motor Corporation
and its consolidated subsidiaries as of March 31, 2000 and 1999, the related consolidated
statements of income and earnings for the years then ended, and cash flows for the year ended
March 31, 2000, all expressed in Japanese yen. Our examinations were made in accordance with
generally accepted auditing standards in Japan and, accordingly, included such tests of the
accounting records and such other auditing procedures as we considered necessary in the
circumstances.
In our opinion, based upon our examinations and the reports of other auditors, the
aforementioned consolidated financial statements, expressed in yen, present fairly the financial
position of Suzuki Motor Corporation and its consolidated subsidiaries as of March 31, 2000
and 1999, the results of their operations for the years then ended, and their cash flows
for the year ended March 31, 2000, in conformity with generally accepted accounting principles
in Japan applied on a consistent basis during the periods.
As described in Notes 2, effective for the year ended March 31, 2000, Suzuki Motor Corporation
and its subsidiaries have adopted new Japanese accounting standards for consolidation and
equity method accounting, research and development costs and income taxes.
The accompanying consolidated financial statements as of and for the year ended March 31,
2000 have been translated into United States dollars solely for the convenience of readers.
We have reviewed the translation and, in our opinion, the consolidated financial statements
expressed in Japanese yen have been properly translated into United States dollars on the
basis set forth in Note 1. to the consolidated financial statements.
Tokyo, Japan
June 29, 2000
Seimei Audit Corporation