Washington Post 2001 Annual Report Download - page 28
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To the Board of Directors and Shareholders of The Washington Post Company.
In our opinion, the consolidated financial statements appearing on pages 37 through 54 of this report present fairly, in all material respects,
the financial position of The Washington Post Company and its subsidiaries at December 30, 2001 and December 31, 2000, and the results
of their operations and their cash flows for each of the three fiscal years in the period ended December 30, 2001, in conformity with account-
ing principles generally accepted in the United States of America. These financial statements are the responsibility of the Company’s man-
agement; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these
statements in accordance with auditing standards generally accepted in the United States of America which 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 exam-
ining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used
and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits
provide a reasonable basis for our opinion.
Washington, D.C.
January 25, 2002
55
REPORT OF INDEPENDENT ACCOUNTANTS
THE WASHINGTON POST COMPANY