UPS 2006 Annual Report Download - page 64

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We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board
(United States), 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 of the Company and our report dated March 1, 2007 expressed an
unqualified opinion on those financial statements, and included an explanatory paragraph regarding the
Company’s changes in accounting for share-based payments and pensions and postretirement benefits.
Deloitte & Touche LLP
Atlanta, Georgia
March 1, 2007
F-4