CVS 2013 Annual Report Download - page 52

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50
CVS Caremark
• Risks related to compliance with a broad and complex regulatory framework, including compliance with new and
existing federal, state and local laws and regulations relating to health care, accounting standards, corporate
securities, tax, environmental and other laws and regulations affecting our business.
• Risks related to litigation, government investigations and other legal proceedings as they relate to our business,
the pharmacy services, retail pharmacy or retail clinic industries or to the health care industry generally.
• Other risks and uncertainties detailed from time to time in our filings with the SEC.
The foregoing list is not exhaustive. There can be no assurance that the Company has correctly identified and
appropriately assessed all factors affecting its business. Additional risks and uncertainties not presently known to the
Company or that it currently believes to be immaterial also may adversely impact the Company. Should any risks and
uncertainties develop into actual events, these developments could have a material adverse effect on the Company’s
business, financial condition and results of operations. For these reasons, you are cautioned not to place undue
reliance on the Company’s forward-looking statements.
Management’s Discussion and Analysis
of Financial Condition and Results of Operations