AutoNation 2005 Annual Report Download - page 43

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Table of Contents
Report of Independent Registered Public Accounting Firm
The Board of Directors and Shareholders
AutoNation, Inc.:
We have audited the 2005, 2004 and 2003 consolidated financial statements of AutoNation, Inc. and subsidiaries (the Company) as listed
in the Index at Item 8. These consolidated financial statements are the responsibility of the Company’s management. Our responsibility is to
express an opinion on these consolidated 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 consolidated financial statements referred to above present fairly, in all material respects, the financial position of the
Company as of December 31, 2005 and 2004 and the results of their operations and their cash flows for the years ended December 31,
2005, 2004 and 2003 in conformity with U.S. generally accepted accounting principles.
We also have 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 criteria established in Internal
Control — Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO), and our
report dated March 2, 2006, expressed an unqualified opinion on management’s assessment of, and the effective operation of, internal
control over financial reporting.
As discussed in Note 1 of the Notes to the consolidated financial statements, the consolidated statements of cash flows for the years
ended December 31, 2004 and 2003 have been restated.
/s/ KPMG LLP
March 2, 2006
Fort Lauderdale, Florida
Certified Public Accountants
41