REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 
 
 
 
To the Board of Directors a nd Share holders of A pplied I ndus tria l Tec hnol ogies , Inc.  
Clevela nd, Ohio 
We have audited the accompanying consolidated balance sheets of Applied Industrial Technologies, Inc. and subsidiaries (the 
“Company” ) as of June 30, 2012 and 2011, and the related statements of c onsolidated income, compr ehensive income, shareholders’ 
equity, and cash flows for each of the three years in the period ended June 30, 2012.  These financial statements are the re spon sibility 
of the Company’s management.  Our responsibility is to express an opinion on these financial statements based on our audits. 
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States).  Those 
standards 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.  An audit also includes assessing the accounting principles used and significant estimates made by management, as well as 
evaluating the overall financial statement presentation.  We believe that our audits provide a reasonable basis for our opinion. 
In our opinion, such consolidated financial statements present fairly, in all material respects, the financial position of the Company at 
June 30, 2012 and 2011, and  the results of its operations and its cash flows for each of the three years in the period ended June 30, 
2012, in conformity with accounting principles generally accepted in the United States of America. 
We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the 
Company’s internal control over financial reporting as of June 30, 2012, based on the criteria established in Internal Control —  
Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission, and our report dated 
August 15, 2012 expressed an unqualified opinion on the Company’s internal control over financial reporting. 
 
 
  
Cleveland, Ohio 
August 15, 2012 
  
 
MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING 
The Management of Applied Industrial Technologies, Inc. is responsible for establishing and maintaining adequate internal c ontrol over 
financial reporting.  Internal control over financial reporting is a process designed by, or under the supervision of, the Chief Executive 
Officer and the Vice President — Chief Fin ancial Officer & Treasurer, and effected by the Company’s Board of Directors, management 
and other personnel, to provide reasonable assurance regarding the reli ability of financial reporting and the preparation of consolidated 
financial statements for external purposes in accordance with accounting principles genera lly accepted in the United States of America. 
The Company’s internal control over financial reporting includes those policies and procedures that: (1) pertain to the maintenance of 
records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Company; 
(2) provide rea
sonable assurance that transactions are recorded as necessary to permit preparation of consolidated financial statemen ts 
in accordance with accounting principles generally accepted in the United States of America a nd that receipts and expenditures of the 
Company are being made only in accordance with authorizations of the Company’s Management and Board of Directors; and 
(3) provide reasonable assurance regarding prevention  or timely detection of unauthorized acquisition, use, or disposition of the 
Company’s assets that could have a material effect on the consolidated financial statements.