Starbucks 2000 Annual Report Download - page 34

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Starbucks Corporation
(Seattle, Washington)
We have audited the accompanying consolidated balance sheets of Starbucks Corporation and
subsidiaries (the Company) as of October 1, 2000, and October 3, 1999, and the related consolidated
statements of earnings, shareholders’ equity and cash flows for each of the three years in the period ended
October 1, 2000. These financial statements are the responsibility of the Company’s management. Our
responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with auditing standards generally accepted in the United States
of America. 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, such consolidated financial statements present fairly, in all material respects, the financial
position of Starbucks Corporation and subsidiaries as of October 1, 2000, and October 3, 1999, and the
results of their operations and their cash flows for each of the three years in the period ended October 1,
2000, in conformity with accounting principles generally accepted in the United States of America.
Deloitte & Touche LLP
Seattle, Washington
December 8, 2000
P. 50 starbucks coffee company