Whirlpool 2005 Annual Report Download - page 35

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Whirlpool Corporation 31
The Consolidated Condensed Financial Statements in this
Annual Report were derived from the Consolidated Financial
Statements that appear in the Financial Supplement to the
2005 Annual Report on Form 10-K and to the 2006 Proxy
Statement. Management of Whirlpool Corporation is respon-
sible for the accuracy and completeness of the information in
this Annual Report. The financial and operating information
was prepared from the Company’s accounting records,
books and accounts which, in reasonable detail, accurately
and fairly reflect all material transactions. The Company
maintains a system of internal controls designed to provide
reasonable assurance that the Company’s accounting records,
books and accounts are accurate and that transactions are
properly recorded in the Company’s books and records,
and the Company’s assets are maintained and accounted
for, in accordance with management’s authorizations. The
Company’s accounting records, policies and internal controls
are regularly reviewed by an internal audit staff.
The Audit Committee of the Board of Directors of the
Company appointed Ernst & Young LLP, an independent
registered public accounting firm, to audit the Consolidated
Financial Statements included in the Financial Supplement
to the 2005 Annual Report on Form 10-K and to the 2006
Proxy Statement. Their report on the Consolidated Financial
Statements is included in the Financial Supplement. Their
report on the Consolidated Condensed Financial Statements
appears to the right.
Roy W. Templin
Executive Vice President and Chief Financial Officer
February 28, 2006
The Stockholders and Board of Directors
Whirlpool Corporation
Benton Harbor, Michigan
We have audited, in accordance with the standards of the
Public Company Accounting Oversight Board (United States)
the consolidated balance sheets of Whirlpool Corporation as
of December 31, 2005 and 2004, and the related consolidated
statements of operations, changes in stockholders’ equity,
and cash flows for each of the three years in the period
ended December 31, 2005 (not presented separately herein),
and in our report dated February 28, 2006, we expressed
an unqualified opinion on those consolidated financial
statements. In our opinion, the information set forth in the
accompanying consolidated condensed financial statements
(presented on pages 27 through 30) is fairly stated, in all
material respects, in relation to the consolidated financial
statements from which it has been derived.
We also have audited, in accordance with the standards
of the Public Company Accounting Oversight Board (United
States), the effectiveness of Whirlpool Corporation’s internal
control over financial reporting as of December 31, 2005,
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 28, 2006 expressed an unqualified
opinion thereon.
Chicago, Illinois
February 28, 2006
Management Letter of Responsibility Report of Independent Registered Public
Accounting Firm on Consolidated Condensed
Financial Statements