in addition, lenny dana presenting the auditor is in the audience should any of you have questions about the audit. >> this is one of those matters where boring is good. i am happy to report this year, the audit is exceptionally boring. last year you may or may not recall there was a minor question in the audit about sharing of duties between an employee under the bond program and an employee not under the bond program. the year prior there was a question about the scope of work being performed under the bond program. there are not minor questions this year. i do not know if you have copies of this but i will walk you through a couple of critical statements. if you go to the annual financial report for the 2003 measure, on page one, in the fourth paragraph, you will see in our opinion, the financial statements referred to about -- present fairly about the position of the fund and its operations ended in conformity with accounting principles generally accepted in the united states of america. if you go to page -- is the second to last page in the report that is not numbered. it is numbere