Electronic Arts 2000 Annual Report Download - page 37

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The Board of Directors and Stockholders
ELECTRONIC ARTS INC. AND SUBSIDIARIES:
We have audited the accompanying consolidated balance sheets of Electronic Arts Inc. and subsidiaries as of March 31, 2000
and 1999, and the related consolidated statements of income, stockholders’ equity, and cash flows for each of the years in the
three-year period ended March 31, 2000. These consolidated financial statements are the responsibility of the Company’s man-
agement. Our responsibility is to express an opinion on these consolidated financial statements based on our audits.
We conducted our audits in accordance with generally accepted auditing standards. 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, based on our audits, the consolidated financial statements referred to above present fairly, in all material
respects, the financial position of Electronic Arts Inc. and subsidiaries as of March 31, 2000 and 1999, and the results of their
operations and their cash flows for each of the years in the three-year period ended March 31, 2000, in conformity with gener-
ally accepted accounting principles.
Mountain View, California
April 28, 2000
EA 2000 AR
35
INDEPENDENT AUDITORS’ REPORT
INDEPENDENT AUDITORS’ REPORT
ELECTRONIC ARTS AND SUBSIDIARIES