American Home Shield 2005 Annual Report Download - page 51

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P. 4 9 SERVICEMASTER 2005 ANNUAL REPORT
To the Board of Directors and Shareholders of
The ServiceMaster Company
We have audited the accompanying consolidated state-
ments of financial position of The ServiceMaster Company
and subsidiaries (the “Company”) as of December 31,
2005 and 2004, and the related consolidated statements
of operations, shareholders’ equity, and cash flows for
each of the three years in the period ended December 31,
2005. 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, such consolidated financial statements
present fairly, in all material respects, the financial position
of the ServiceMaster Company and subsidiaries as of
December 31, 2005 and 2004, and the results of their
operations and their cash flows for each of the three years
in the period ended December 31, 2005, in conformity with
accounting principles generally accepted in the United
States of America.
We have also audited, in accordance with the standards of
the Public Company Accounting Oversight Board (United
States), the effectiveness of the Company’s internal control
over financial reporting as of December 31, 2005, based on
the criteria established in Internal Control – Integrated
Framework issued by the Committee of Sponsoring
Organizations of the Treadway Commission and our report
dated February 27, 2006 expressed an unqualified opinion
on management’s assessment of the effectiveness of the
Company’s internal control over financial reporting and an
unqualified opinion on the effectiveness of the Company’s
internal control over financial reporting.
Chicago, Illinois
February 27, 2006
Report of Independent Registered Public Accounting Firm