EX-23 9 exh23.txt INDEPENDENT AUDITORS' CONSENT EXHIBIT 23 INDEPENDENT AUDITORS' CONSENT We consent to the incorporation by reference in Registration Statements Nos. 333-34561, 333-34587, 333-34589, 333-34591, 333-34593, 333-34683, 333-35689, 333-47911, 333-51081, 333-74463, 333-74465, 333-32112, and 333-39972 of Solutia Inc. on Form S-8 and Registration Statements Nos. 333-75812, 333-89818 and 333-99705 of Solutia Inc. on Form S-3 of our report dated February 28, 2003 (which expresses an unqualified opinion and includes an explanatory paragraph referring to changes in accounting principles), appearing in this Annual Report on Form 10-K of Solutia Inc. for the year ended December 31, 2002. /s/ DELOITTE & TOUCHE LLP DELOITTE & TOUCHE LLP Saint Louis, Missouri March 5, 2003 86 SCHEDULE II SOLUTIA INC. VALUATION AND QUALIFYING ACCOUNTS FOR THE YEARS ENDED DECEMBER 31, 2002, 2001 AND 2000 (DOLLARS IN MILLIONS)
COLUMN A COLUMN B COLUMN C COLUMN D COLUMN E -------- -------- -------- -------- -------- Additions ---------------------- (1) (2) Balance at Charged to Charged Balance at beginning costs and to other end Description of year expenses accounts Deductions of period ----------- ---------- ---------- -------- ---------- ---------- YEAR ENDED DECEMBER 31, 2002 Valuation accounts for doubtful receivables............ $20 $-- $(1) $ 3 $16 Restructuring reserves................................. 6 -- -- 2 4 YEAR ENDED DECEMBER 31, 2001 Valuation accounts for doubtful receivables............ $10 $11 $-- $ 1 $20 Restructuring reserves................................. 56 9 -- 59 6 YEAR ENDED DECEMBER 31, 2000 Valuation accounts for doubtful receivables............ $ 3 $11 $-- $ 4 $10 Restructuring reserves................................. 20 61 -- 25 56
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