Logitech 2001 Annual Report Download - page 42

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OS
Report of the Group Auditors
to the General Meeting
of Logitech International S.A., Apples
We have audited the consolidated financial statements of Logitech International S.A. and its subsidiaries on pages 9 to
24, consisting of the consolidated balance sheets at March 31, 2001 and 2000, the consolidated statements of income, of
cash flows and of changes in shareholders’ equity for the years ended March 31, 2001, 2000 and 1999, and the notes to
the consolidated financial statements.
These consolidated financial statements are the responsibility of the Board of Directors of Logitech International S.A. Our
responsibility is to express an opinion on these consolidated financial statements based on our audit. We confirm that we
meet the Swiss legal requirements concerning professional qualification and independence.
Our audit was conducted in accordance with auditing standards promulgated by the profession in Switzerland and those
generally accepted in the United States of America, which require that an audit be planned and performed to obtain
reasonable assurance about whether the consolidated financial statements are free from material misstatement. We have
examined on a test basis evidence supporting the amounts and disclosures in the consolidated financial statements. We
have also assessed the accounting principles used, significant estimates made and the overall consolidated financial
statement presentation. We believe that our audit provides a reasonable basis for our opinion.
In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of
Logitech International S.A. and its subsidiaries at March 31, 2001 and 2000 and the results of operations and cash flows
for the years ended March 31, 2001, 2000 and 1999 in accordance with accounting principles generally accepted in the
United States of America and comply with the relevant Swiss law.
We recommend that the consolidated financial statements submitted to you be approved.
PricewaterhouseCoopers SA
M. Foley M. Perry
Lausanne, Switzerland
April 24, 2001