Suzuki 2008 Annual Report Download - page 48

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SUZUKI MOTOR CORPORATION 47
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, 2008 and 2007, and the related consolidated statements of income, changes
in net assets, 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, 2008 and 2007, and the consolidated results of their operations and their cash flows for the years then
ended in conformity with accounting principles 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 27, 2008
Report of Independent Auditor
Consolidated Financial Statements of 2008