DIRECTV 2011 Annual Report Download - page 25

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DIRECTV
CAUTIONARY STATEMENT FOR PURPOSE OF THE uncertainties, risks and changes in circumstances that are difficult to predict. Our
‘‘SAFE HARBOR’’ PROVISIONS OF THE PRIVATE SECURITIES actual results may differ materially from those contemplated by the forward-looking
LITIGATION REFORM ACT OF 1995 statements. We caution you therefore against relying on any of these forward-
looking statements. They are neither statements of historical fact nor guarantees or
This Annual Report on Form 10-K may contain certain statements that we assurances of future performance. Important factors that could cause actual results
believe are, or may be considered to be, ‘‘forward-looking statements’’ within the to differ materially from those in the forward-looking statements include economic,
meaning of various provisions of the Securities Act of 1933 and of the Securities business, competitive, national or global political, market and regulatory conditions
Exchange Act of 1934. These forward-looking statements generally can be identified and other risks, each of which is described in more detail in Item 1A—Risk Factors
by use of statements that include phrases such as we ‘‘believe,’’ ‘‘expect,’’ ‘‘estimate,’’ of this Annual Report.
‘‘anticipate,’’ ‘‘intend,’’ ‘‘plan,’’ ‘‘foresee,’’ ‘‘project’’ or other similar references to
future periods. Examples of forward-looking statements include, but are not limited Any forward-looking statement made by us in this Annual Report on
to, statements we make related to our business strategy and regarding our outlook Form 10-K speaks only as of the date on which it is made. Factors or events that
for 2012 financial results, liquidity and capital resources. could cause our actual results to differ may occur and it is not possible for us to
predict them all. We undertake no obligation to publicly update any forward-
Forward-looking statements are based on our current expectations and looking statement, whether as a result of new information, future developments or
assumptions regarding our business, the economy and other future conditions. otherwise, except as required by law.
Because forward-looking statements relate to the future, they are subject to inherent
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