ADT 2014 Annual Report Download - page 123

Download and view the complete annual report

Please find page 123 of the 2014 ADT annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 172

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172

FORM 10-K
Item 8. Financial Statements and Supplementary Data.
The following consolidated and combined financial statements and schedule specified by this Item, together
with the report thereon of Deloitte & Touche LLP, are presented following Item 15 of this report:
• Report of Independent Registered Public Accounting Firm
• Consolidated Balance Sheets as of September 26, 2014 and September 27, 2013
• Consolidated and Combined Statements of Operations for the years ended September 26, 2014,
September 27, 2013 and September 28, 2012
• Consolidated and Combined Statements of Comprehensive Income for the years ended September 26,
2014, September 27, 2013 and September 28, 2012
• Consolidated and Combined Statements of Stockholders’ Equity for the years ended September 26,
2014, September 27, 2013 and September 28, 2012
• Consolidated and Combined Statements of Cash Flows for the years ended September 26, 2014,
September 27, 2013 and September 28, 2012
• Notes to Consolidated and Combined Financial Statements
• Financial Statement Schedule:
Schedule II—Valuation and Qualifying Accounts
All other financial statements and schedules have been omitted since the information required to be
submitted has been included in the Consolidated and Combined Financial Statements and related Notes or
because they are either not applicable or not required under the rules of Regulation S-X.
Information on quarterly results of operations is set forth in Note 13 to the Consolidated and Combined
Financial Statements.
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.
None.
Item 9A. Controls and Procedures.
Disclosure Controls and Procedures
We maintain disclosure controls and procedures that are designed to ensure that information required to be
disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized
and reported within the time periods specified in the SEC’s rules and forms. Disclosure controls and procedures
include, without limitation, controls and procedures designed to ensure that information required to be disclosed
in our reports is accumulated and communicated to our management, including our principal executive officer
and principal financial officer, as appropriate, to allow timely decisions regarding required disclosure. Our
management recognizes that any controls and procedures, no matter how well designed and operated, can only
provide reasonable assurance of achieving the desired control objectives and management necessarily applies its
judgment in evaluating the possible controls and procedures. Each reporting period, we carry out an evaluation,
with the participation of our principal executive officer and principal financial officer, or persons performing
similar functions, of the effectiveness of the design and operation of our disclosure controls and procedures as
defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act.
Based on management’s evaluation, our principal executive officer and principal financial officer have
concluded that, as of September 26, 2014, our disclosure controls and procedures were effective to provide
reasonable assurance that information required to be disclosed in the reports that we file or submit under the
57