Garmin 2005 Annual Report Download - page 77

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47
Item 8. Financial Statements and Supplementary Data
CONSOLIDATED FINANCIAL STATEMENTS
Garmin Ltd. and Subsidiaries
Years Ended December 31, 2005, December 25, 2004, and December 27, 2003
Contents
Report of Ernst & Young, LLP, Independent Registered Public Accounting Firm.......................................48
Consolidated Balance Sheets at December 31, 2005 and December 25, 2004..............................................49
Consolidated Statements of Income for the Years Ended December 31, 2005, December 25, 2004 and
December 27, 2003 ....................................................................................................................................50
Consolidated Statements of Stockholders’ Equity for the Years Ended
December 31, 2005, December 25, 2004 and December 27, 2003 ............................................................51
Consolidated Statements of Cash Flows for the Years Ended December 31, 2005, December 25, 2004,
and December 27, 2003 .............................................................................................................................52
Notes to Consolidated Financial Statements..................................................................................................54