text: 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 consolidated income, comprehensive income, shareholders’ 
  
  equity, and cash flows for each of the three years in the period ended June 30, 2012. 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 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 opini on. 
  
  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, 