- UK Reporting
- IFRS accounts
- US GAAP accounts
- Selected consolidated financial data/US GAAP
- Operating and financial review and prospects/US GAAP
- Consolidated statements of income/US GAAP
- Consolidated statements of comprehensive income/US GAAP
- Consolidated balance sheets/US GAAP
- Consolidated statements of cash flows/US GAAP
- Consolidated statements of changes in shareholders’ equity/US GAAP
- Notes to the financial statements:
- 1. The Company and a summary of its significant accounting policies
- 2. Related party transactions
- 3. Income taxes
- 4. Earnings per share
- 5. Business risks and credit concentration
- 6. Acquisitions
- 7. Investments and marketable securities
- 8. Property and equipment
- 9. Intangible assets
- 10. Accounts receivable
- 11. Accrued liabilities
- 12. Share-based compensation
- 13. Commitments and contingencies
- 14. Geographic and segment information
- 15. Fair values of financial instruments
- 16. Valuation and qualifying accounts
- 17. Post balance sheet events
- Report of independent registered public accounting firm/US GAAP
- UK GAAP accounts
Report of independent registered public accounting firm/US GAAP
To the board of directors and members of ARM Holdings plc
In our opinion, the accompanying consolidated balance sheets and the related consolidated statements of income, consolidated statements of comprehensive income, consolidated statements of cash flows and consolidated statements of changes in shareholders’ equity present fairly, in all material respects, the financial position of ARM Holdings plc and its subsidiaries at 31 December 2007 and 2006, and the results of their operations and their cash flows for each of the three years in the period ended 31 December 2007 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. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. Our audits of the financial statements included 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 footnote 1 to the consolidated financial statements, the Company changed the manner in which it accounts for uncertain tax positions and the costs related to employees’ sabbatical leave in 2007. Also as discussed in footnote 1, in 2006, the Company changed the manner in which it accounts for share-based compensation.
PricewaterhouseCoopers LLP Chartered Accountants
London, United Kingdom
3 April 2008