Energizer 2010 Annual Report Download - page 76

Download and view the complete annual report

Please find page 76 of the 2010 Energizer 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 124

  • 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

Exhibit 13
ENERGIZER HOLDINGS, INC.
(Dollars in millions, except per share and percentage data)
66
• events that may disrupt our manufacturing facilities or supply channels;
• the effect of regulation on our business in the U.S. and abroad;
• the impact of changes in foreign, cultural, political and financial market conditions on our
international operations;
• our ability to adequately protect our intellectual property rights;
• our ability to continue to make strategic acquisitions and achieve the desired financial
results;
• the impact on our effective tax rate for the year of legislative or regulatory changes by
federal, state and local, and foreign taxing authorities, as well as the profitability or losses of
Energizer’s various subsidiary operations in both high-tax and low-tax countries;
• our ability to estimate the impact of foreign currency exchange rates and offsetting hedges
on Energizer’s profitability for the year with any degree of certainty; and,
• the impact of prolonged recessionary conditions in key global markets where Energizer
competes on local currency movements, which could impact current spot rates.
The risk factors set forth in our Annual Report on Form 10-K, in the section entitled “Risk
Factors,” could affect future results, causing our results to differ materially from those
expressed in our forward-looking statements.
In addition, other risks and uncertainties not presently known to us or that we consider
immaterial could affect the accuracy of any such forward-looking statements.
The list of factors above is illustrative, but by no means exhaustive. All forward-looking
statements should be evaluated with the understanding of their inherent uncertainty. Additional
risks and uncertainties include those detailed from time to time in Energizer’s publicly filed
documents.