NOTES TO FINANCIAL STATEMENTS
The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered
under the Investment Company Act of 1940. The Trust consists of twenty-five series, of which The U.S. Small
Cap Value Series (the "Series") is presented in this report.
In the normal course of business, the Trust enters into contracts that contain a variety of representations and
warranties and which provide general indemnification. The Trust's maximum exposure under these arrangements
is unknown as this would involve future claims that may be made against the Trust and/or its affiliates that have
not yet occurred. However, based on experience, the Trust expects the risk of loss to be remote.
B. SIGNIFICANT ACCOUNTING POLICIES:
The following significant accounting policies are in conformity with accounting principles generally accepted in the
United States of America for investment companies. Such policies are consistently followed by the Trust in
preparation of its financial statements. The preparation of financial statements in accordance with accounting
principles generally accepted in the United States of America may require management to make estimates and
assumptions that affect the reported amounts and disclosures in the financial statements. Actual results could differ
from those estimates and those differences could be material.
1. SECURITY VALUATION: Securities held by the Series which are listed on a securities exchange and for
which market quotations are readily available are valued at the last quoted sale price of the day. Effective May
21, 2003, securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price
("NOCP"). If there is no last reported sale price or NOCP for the day, the Series values securities at the mean
between the most recent bid and asked prices. Price information on listed securities is taken from the exchange
where the security is primarily traded. Unlisted securities