action electronics co ltd consolidated financial statements and report of independent accountants december 31 2004 2003 these english expressed in thousands new taiwan dollars were translated from the originally prepared chinese language 05 r a75p0 0019 to board directors stockholders we have audited balance sheets its subsidiaries as related income changes equity cash flows for years then ended are responsibility company s management our is express an opinion on based audits did not audit final certain which reflect total assets constiting 21 20 respectively revenues constituting 19 27 addition war sound technology
