UPS 2006 Annual Report Download - page 62

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Management’s Report on Internal Control Over Financial Reporting
UPS management is responsible for establishing and maintaining adequate internal controls over financial
reporting for United Parcel Service, Inc. and its subsidiaries (“the Company”). Based on the criteria for effective
internal control over financial reporting established in Internal Control—Integrated Framework issued by the
Committee of Sponsoring Organizations of the Treadway Commission, management has assessed the Company’s
internal control over financial reporting as effective as of December 31, 2006. The independent registered public
accounting firm of Deloitte & Touche LLP, as auditors of the consolidated balance sheet of United Parcel
Service, Inc. and its subsidiaries as of December 31, 2006 and the related consolidated statements of income,
comprehensive income and cash flows for the year ended December 31, 2006, has issued an attestation report on
management’s assessment of the Company’s internal control over financial reporting.
United Parcel Service, Inc.
March 1, 2007
F-2