EX-23 11 d62943_ex23.htm CONSENT OF INDPNDNT REGISTERED PUBLIC ACCT FIRM
EXHIBIT 23
 

Report and Consent of Independent Registered Public Accounting Firm

The Board of Directors and Stockholders
Drew Industries Incorporated:

                The audits referred to in our report dated March 14, 2005, with respect to the consolidated financial statements of Drew Industries Incorporated and subsidiaries, management’s assessment of the effectiveness of internal control over financial reporting, and the effectiveness of internal control over financial reporting, included the related financial statement schedule as of December 31, 2004, and for each of the years in the three-year period ended December 31, 2004, included in the Drew Industries Incorporated Form 10-K. This financial statement schedule is the responsibility of the Company’s management. Our responsibility is to express an opinion on this financial statement schedule based on our audits. In our opinion, such financial statement schedule, when considered in relation to the basic consolidated financial statements taken as a whole, present fairly, in all material respects, the information set forth therein.

                Drew Industries Incorporated acquired Zieman Manufacturing Company during 2004, and management excluded from its assessment of the effectiveness of Drew Industries Incorporated’s internal control over financial reporting as of December 31, 2004, Zieman Manufacturing Company’s internal control over financial reporting associated with total assets of $33 million and total revenue of $40 million as of and for the year ended December 31, 2004.

                We consent to the use of our report with respect to the consolidated financial statements, management’s assessment of the effectiveness of internal control over financial reporting and the effectiveness of internal control over financial reporting included herein and incorporated by reference in the registration statements (Nos. 333-37194 and 333-91174) on Form S-8 of Drew Industries Incorporated relating to the consolidated balance sheets of Drew Industries Incorporated and subsidiaries as of December 31, 2004 and 2003, and the related consolidated statements of income, stockholders’ equity, and cash flows for each of the years in the three-year period ended December 31, 2004, which report appears in the December 31, 2004 Form 10-K of Drew Industries Incorporated. Our report refers to a change in the method of accounting in 2002 for goodwill and other intangible assets.

/s/ KPMG LLP

Stamford, Connecticut
March 14, 2005

 

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DREW INDUSTRIES INCORPORATED AND SUBSIDIARIES
SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS
(in thousands)

 
COLUMN A
 COLUMN B   COLUMN C   COLUMN D   COLUMN E  
 
 
 
 
    Additions        
   
Balance At
Beginning Of
Period		   Charged To
Costs and
Expenses		   Charged To
Other
Accounts		   Deductions   Balance At
End of Period		  
 
 
                               
YEAR ENDED DECEMBER 31, 2004:                              
      Allowance for doubtful accounts                              
         receivable, trade $ 1,253   $ 594   $ 316 (a) $ 1,205 (b) $ 958  
                               
YEAR ENDED DECEMBER 31, 2003:                              
      Allowance for doubtful accounts                              
         receivable, trade $ 1,226   $ 106   $ 39 (a) $ 118 (b) $ 1,253  
                     
YEAR ENDED DECEMBER 31, 2002:                              
      Allowance for doubtful accounts                              
         receivable, trade $ 590   $ 837         $ 201 (b) $ 1,226  
   
 

(a)  Represents balance at date of acquisition of acquired companies.

(b)  Represents accounts written-off net of recoveries.