Electronic Arts 2004 Annual Report Download - page 108

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Board of Directors and Stockholders
Electronic Arts Inc.:
We have audited the accompanying consolidated balance sheets of Electronic Arts Inc. and subsidiaries (the
Company) as of March 31, 2004 and 2003, and the related consolidated statements of operations,
stockholders' equity and comprehensive income (loss), and cash Öows for each of the years in the three-year
period ended March 31, 2004. These consolidated Ñnancial statements are the responsibility of the
Company's management. Our responsibility is to express an opinion on these consolidated Ñnancial statements
based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight
Board (United States). Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the Ñnancial statements are free of material misstatement. An audit includes
examining, on a test basis, evidence supporting the amounts and disclosures in the Ñnancial statements. An
audit also includes assessing the accounting principles used and signiÑcant estimates made by management,
as well as evaluating the overall Ñnancial statement presentation. We believe that our audits provide a
reasonable basis for our opinion.
In our opinion, the consolidated Ñnancial statements referred to above present fairly, in all material respects,
the Ñnancial position of Electronic Arts Inc. and subsidiaries as of March 31, 2004 and 2003, and the results
of their operations and their cash Öows for each of the years in the three-year period ended March 31, 2004,
in conformity with accounting principles generally accepted in the United States of America.
As discussed in Note 5 to the Consolidated Financial Statements, the Company changed its method of
accounting for goodwill, eÅective April 1, 2002.
KPMG LLP
San Francisco, California
April 28, 2004
93