Unum 2009 Annual Report Download - page 155

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153
Unum 2009 Annual Report
The Board of Directors and Stockholders
Unum Group
We have audited the accompanying consolidated balance sheets of Unum Group and subsidiaries as of December 31, 2009 and 2008,
and the related consolidated statements of income, stockholders’ equity, cash flows, and comprehensive income (loss) for each of the three years
in the period ended December 31, 2009. These financial statements are the responsibility of the Company’s management. Our responsibility
is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those
standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of
material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as
evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated financial position of
Unum Group and subsidiaries at December 31, 2009 and 2008, and the consolidated results of their operations and their cash flows for each
of the three years in the period ended December 31, 2009, in conformity with U.S. generally accepted accounting principles.
As discussed in Note 1 to the consolidated financial statements, Unum Group changed its method of accounting for impairment of debt
securities as of April 1, 2009 in accordance with the adoption of ASC 320-10-65.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), Unum Group
and subsidiaries’ internal control over financial reporting as of December 31, 2009, based on criteria established in Internal Control — Integrated
Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission, and our report dated February 26, 2010
expressed an unqualified opinion thereon.
Chattanooga, Tennessee
February 26, 2010
Report of Independent
Registered Public Accounting Firm