CenturyLink 2004 Annual Report Download - page 20

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[ 18 ]
The Board of Directors and Stockholders
CenturyTel, Inc.
We have audited, in accordance with the standards of
the Public Company Accounting Oversight Board (United
States), the consolidated balance sheets of CenturyTel, Inc.
and its subsidiaries as of December 31, 2004 and 2003,
and the related statements of income, comprehensive
income, cash flows and stockholders’ equity for each of
the years in the three-year period ended December 31, 2004
(not presented herein, but included in the Company’s 2005
Proxy Statement); and in our report dated March 14, 2005,
we expressed an opinion on those consolidated financial
statements. Our report refers to a change in accounting
for goodwill and other intangible assets in 2002.
In our opinion, the information set forth in the
accompanying selected condensed consolidated financial
statements of CenturyTel, Inc. is fairly stated in all
material respects, in relation to the consolidated financial
statements from which it has been derived.
Report of Independent
Registered Public Accounting Firm
The following pages of CenturyTel’s Annual Report contain
selected condensed consolidated financial statements.
Full financial statements, along with certifications required
under the Sarbanes-Oxley Act of 2002 and management’s
discussion and analysis of financial condition and results
of operations, are provided in the Company’s 2005 Proxy
Statement (“Proxy Statement”) and 2004 Annual Report
on Form 10-K (“Form 10-K”) filed with the Securities and
Exchange Commission. The Proxy Statement will be
mailed to shareholders.
A copy of the Company’s Form 10-K can be obtained at
no charge by contacting the Company’s Investor Relations
department at 800.833.1188 or by accessing the Company’s
Web site at www.centurytel.com.
In addition to historical information, this Annual Report
includes certain forward-looking statements that are
subject to uncertainties that could cause the Company’s
actual results to differ materially from such statements.
Please refer to the Company’s Form 10-K for the year
ended December 31, 2004 for a description of these and
other uncertainties related to the Company’s business.
2004 Financial Information
KPMG LLP
Shreveport, Louisiana
March 14, 2005
TOSERVE A CUSTOMER