Suzuki 2005 Annual Report Download - page 46

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To the Board of Directors and Shareholders of
Suzuki Motor Corporation
We have audited the accompanying consolidated balance sheets of Suzuki Motor
Corporation and its subsidiaries as of March 31, 2005 and 2004, and the related
consolidated statements of income, shareholders' equity, and cash flows for the years then
ended, all expressed in Japanese Yen. 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 auditing standards generally accepted in
Japan. Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the consolidated financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting the
amounts and disclosures in the Consolidated Financial Statements. An audit also includes
assessing the accounting principles used and significant estimates made by management,
as well as evaluating the overall Consolidated 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 consolidated financial position of Suzuki Motor Corporation and its
subsidiaries as of March 31, 2005 and 2004, and the consolidated results of their operations
and their cash flows for the years then ended in conformity with accounting principles and
practices generally accepted in Japan.
The amounts expressed in U.S. dollars, which are provided solely for the convenience of
the reader, have been translated on the basis set forth in Note 1 to the accompanying
Consolidated Financial Statements.
Seimei Audit Corporation
Tokyo, Japan
June 29, 2005
SUZUKI MOTOR CORPORATION
−46−
REPORT OF INDEPENDENT AUDITORS