Toshiba 2003 Annual Report Download - page 57

Download and view the complete annual report

Please find page 57 of the 2003 Toshiba annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 64

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64

55
TOSHIBA CORPORATION
REPORT OF INDEPENDENT AUDITORS
REPORT OF INDEPENDENT AUDITORS
The Board of Directors and Shareholders
Toshiba Corporation
We have audited the accompanying consolidated balance sheets of Toshiba Corporation (the “Company”) as of March 31, 2003 and
2002, and the related consolidated statements of operations, shareholders’ equity and cash flows for the years then ended, all
expressed in Japanese yen. 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.
The Company has not presented segment information required to be disclosed in accordance with Statement of Financial
Accounting Standards No. 131, “Disclosures about Segments of an Enterprise and Related Information” for the years ended March 31,
2003 and 2002. In our opinion, presentation of segment information is required under accounting principles generally accepted in the
United States of America for a complete presentation of the Company’s consolidated financial statements.
In our opinion, except for the omission of segment information discussed in the preceding paragraph, the financial statements
referred to above present fairly, in all material respects, the consolidated financial position of the Company at March 31, 2003 and 2002,
and the consolidated results of their operations and their cash flows for the years then ended in conformity with accounting principles
generally accepted in the United States of America.
We have also reviewed the translation of the financial statements mentioned above into United States dollars on the basis described in
Note 3. In our opinion, such statements have been translated on such basis.
April 25, 2003
ｱﾆﾚﾎﾟp34-55(英)6.18 03.6.25 5:41 PM ページ 55