Report from an Independent Auditor
We have audited the Consolidated profit and loss statements, the Consolidated cash flow statement, the Consolidated balance sheet, all with their appropriate accompanying notes, and the administration of the Board of Directors and the President of Calapami Communications. These statements and the administration of the company are the responsibility of the Board of Directors and the President. PricewaterhouseCoopers’ responsibility is to express an opinion on the annual statements, the consolidated statements and the administration based on our audit.
conducted our audit in accordance with Auditing Standards issued by the
Auditing Practices Board and with Auditing Standards generally accepted
in the United States. This audit includes an examination of evidence
relevant to the amounts and disclosures in the financial statements.
It also includes an assessment of the significant estimates and
judgments made by the directors in the preparation of the financial
statements and of whether the accounting policies are appropriate to the
This audit also includes
an evaluation of the overall presentation of information in the annual
statements and the consolidated statements
audit opinion expressed in this report has been formed on the above