Report of Independent Auditors
To the Board of Directors and Stockholders of
Affiliated Computer Services, Inc.:
In our opinion, the accompanying consolidated balance sheets and the related consolidated statements of income, changes in
stockholders' equity and cash flows present fairly, in all material respects, the financial position of Affiliated Computer
Services, Inc. and its subsidiaries at June 30, 2003 and 2002, and the results of their operations and their cash flows for each
of the three years in the period ended June 30, 2003 in conformity with accounting principles generally accepted in the
United States of America. 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 of these
statements in accordance with auditing standards generally accepted in the United States of America, which 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, assessing the accounting principles used and significant estimates made by management, and evaluating the
overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
As discussed in Notes 1 and 5 to the consolidated financial statements, the Company changed its method of accounting for
goodwill and other intangible assets in connection with its adoption of Statement of Financial Accounting Standards No.
142, Goodwill and Other Intangible Assets, effective July 1, 2001.
July 29, 2003, except as to Note 19,
which is as of September 2, 2003