Mercedes 2001 Annual Report Download - page 72

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68 Statement by the Board of Management
The accompanying consolidated financial state-
ments (consolidated balance sheets as of December 31,
2001 and 2000, consolidated statements of income
(loss), cash flows and changes in stockholders’ equity
for each of the financial years; 2001, 2000 and 1999)
were prepared in accordance with generally accepted
accounting principles in the United States of America
(U.S. GAAP).
In order to comply with Section 292a of the HGB
(German Commercial Code), the consolidated financial
statements were supplemented with a consolidated
business review report and additional explanations.
Therefore, the consolidated financial statements, which
have to be filed with the Commercial Register and pub-
lished in the Federal Gazette, comply with the Fourth
and Seventh Directives of the European Community.
For the interpretation of these directives we relied on
the statement by the German Accounting Standards
Committee.
The consolidated financial statements and the
consolidated business review report as of December 31,
2001 prepared in accordance with Section 292a of the
HGB (German Commercial Code) and filed with the
Commercial Register in Stuttgart under the number,
HRB 19 360, will be provided to shareholders
on request.
Preliminary Note
Statement by the Board of Management
The Board of Management of DaimlerChrysler AG
is responsible for preparing the accompanying financial
statements.
We have installed effective controlling and moni-
toring systems to guarantee compliance with account-
ing principles and the adequacy of reporting. These
systems include the use of uniform guidelines group-
wide, the use of reliable software, the selection and
training of qualified personnel, and regular reviews by
our internal auditing department.
Taking the legal requirements into consideration
we have integrated the group’s early warning systems
into a risk management system. This enables the Board
of Management to identify significant risks at an early
stage and to initiate appropriate measures.
KPMG Deutsche Treuhand-Gesellschaft Aktien-
gesellschaft Wirtschaftsprüfungsgesellschaft audited
the consolidated financial statements, which were
prepared in accordance with generally accepted
accounting principles in the United States of America,
and issued an unqualified audit report.
Together with the independent auditors, the Su-
pervisory Board’s Financial Audit Committee examined
and discussed the consolidated financial statements
including the business review report and the auditors’
report in depth. Subsequently, the entire Supervisory
Board reviewed the documentation related to the
financial statements. The result of this examination is
included in the Report of the Supervisory Board.
Jürgen E. Schrempp Manfred Gentz