American Airlines 2000 Annual Report Download - page 36

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34
THE BOARD OF DI RECT ORS AN D STOCKH OLDERS
AMR CORPORAT I ON
We have audited the accompanying consolidated bal-
ance sheets of AMR Corporation as of December 31,
2000 and 1999, and the related consolidated state-
ments of operations, stockholders’ equity, and cash
flows for each of the three years in the period ended
December 31, 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. 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, the financial statements referred to
above present fairly, in all material respects, the consol-
idated financial position of AMR Corporation at
December 31, 2000 and 1999, and the consolidated
results of its operations and its cash flows for each of
the three years in the period ended December 31, 2000,
in conformity with accounting principles generally
accepted in the United States.
2121 San Jacinto
Dallas, Texas 75201
January 16, 2001, except for
Note 15, for which the
date is March 19, 2001.
REPORT OF IN DEPENDENT AU DI T ORS