Symantec 1999 Annual Report Download - page 61

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47
REPORT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS
The Board of Directors and Stockholders
Symantec Corporation
We have audited the accompanying consolidated balance sheets of Symantec Corporation as of March 31, 1999 and
1998 and the related consolidated statements of operations, stockholders’ equity and cash flows for each of the three
years in the period ended March 31, 1999. Our audits also included the financial statement schedule listed in the Index
at Item 14(a). These financial statements and schedule are the responsibility of the Company’s management. Our
responsibility is to express an opinion on these consolidated financial statements and schedule 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, the financial statements referred to above present fairly, in all material respects, the consolidated
financial position of Symantec Corporation at March 31, 1999 and 1998 and the consolidated results of its operations
and its cash flows for each of the three years in the period ended March 31, 1999, in conformity with generally
accepted accounting principles. Also, in our opinion, the related financial statement schedule, when considered in
relation to the basic financial statements taken as a whole, presents fairly in all material respects the information set
forth therein.
/S/ ERNST & YOUNG LLP
San Jose, California
April 30, 1999