Access America 2004 Annual Report Download - page 37

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35
Report of the Statutory Auditors to the General Meeting
Elmonda, Zurich - Financial Statements 2004
Report of the Statutory Auditors to the General Meeting of
Elmonda, Zurich
As statutory auditors, we have audited the accounting records and the financial statements rendered on
pages 33 and 34 (income statement, balance sheet and notes) of Elmonda for the year ended December
31st, 2004.
These financial statements are the responsibility of the Board of Directors. Our responsibility is to
express an opinion on these financial statements based on our audit. We confirm that we meet the legal
requirements concerning professional qualification and independence.
Our audit was conducted in accordance with auditing standards promulgated by the Swiss profession,
which require that an audit be planned and performed to obtain reasonable assurance about whether the
financial statements are free from material misstatement. We have examined on a test basis
evidence supporting the amounts and disclosures in the financial statements. We have also assessed the
accounting principles used, significant estimates made and the overall financial statement presentation.
We believe that our audit provides a reasonable basis for our opinion.
In our opinion, the accounting records and financial statements and the proposed appropriation of
available earnings comply with Swiss law and the company's articles of incorporation.
We recommend that the financial statements submitted to you be approved.
KPMG Fides Peat
Ian Sutcliffe Rolf Bächler
Chartered Accountant Swiss Certified Accountant
Auditor in Charge
Zurich, April 6th, 2005