ADT 2011 Annual Report Download - page 24

PROPOSAL NUMBER ONE—APPROVAL OF THE ANNUAL REPORT AND
FINANCIAL STATEMENTS
The Company’s Annual Report to Shareholders for the fiscal year ended September 30, 2011,
which accompanies this Proxy Statement, includes the parent company financial statements of Tyco
International Ltd. (which do not consolidate the results of operations for Tyco’s subsidiaries) and the
Company’s consolidated financial statements for the year ended September 30, 2011, and contains the
reports of our statutory auditor and our independent registered public accounting firm, as well as
information on the Company’s business, organization and strategy. Copies of our 2011Annual Report
and this proxy statement are available on the Internet in the Investor Relations section of Tyco’s
website at www.tyco.com.
Deloitte AG (Z¨ urich), as the Company’s statutory auditor, has issued an unqualified
recommendation to the Annual General Meeting that Tyco International Ltd’s parent company
financial statements be approved. As the Company’s statutory auditor, Deloitte AG (Z¨ urich) has
expressed its opinion that the financial statements for the period ended September 30, 2011 comply
with Swiss law and the Company’s Articles of Association.
Deloitte AG (Z¨ urich) has also issued a recommendation to the Annual General Meeting that the
Company’s consolidated financial statements be approved. As the Company’s statutory auditor, Deloitte
AG (Z¨ urich) has expressed its opinion that the consolidated financial statements present fairly, in all
material respects, the financial position of Tyco International Ltd., the results of operations and the
cash flows in accordance with accounting principles generally accepted in the United States of America
(US GAAP) and comply with Swiss law.
Representatives of Deloitte AG (Z¨ urich), will attend the Annual General Meeting and will have an
opportunity to make a statement if they wish. They will also be available to answer questions at the
meeting.
Under Swiss law, our annual report, parent company financial statements of Tyco
International Ltd. and consolidated financial statements for the year ended September 30, 2011 must
be submitted to shareholders for approval at each annual general meeting. Approval of the annual
report and financial statements requires the affirmative vote of a relative majority of the votes cast by
the holders of common shares represented at the Annual General Meeting in person or by proxy,
whereby abstentions, broker non-votes, blank and invalid votes are disregarded in establishing the
number of votes cast.
The Board of Directors unanimously recommends that shareholders vote FOR approval of the
Company’s annual report, parent company financial statements of Tyco International Ltd. and
consolidated financial statements for the year ended September 30, 2011.
10 2012 Proxy Statement