Kraft 2005 Annual Report Download - page 11

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MERRILL CORPORATION MBLOUNT// 9-MAR-06 14:03 DISK126:[06CHI5.06CHI1135]DE1135A.;25
mrll.fmt Free: 110D*/120D Foot: 0D/ 0D VJ RSeq: 10 Clr: 0
DISK024:[PAGER.PSTYLES]UNIVERSAL.BST;51
KRAFT FOODS-FSC CERTIFIED-10K/AR Proj: P1102CHI06 Job: 06CHI1135 File: DE1135A.;25
Merrill Corporation/Chicago (312) 786-6300 Page Dim: 8.250X 10.750Copy Dim: 38. X 54.3
Although it is not possible to predict precisely the estimated costs for environmental-related
expenditures, compliance with such laws and regulations, including the payment of any remediation
costs and the making of such expenditures, has not had, and is not expected to have, a material adverse
effect on the Company’s results of operations, capital expenditures, financial position, earnings, cash
flows or competitive position.
Forward-Looking Statements
The Company and its representatives may from time to time make written or oral forward-looking
statements, including statements contained in the Company’s filings with the SEC, in its reports to
shareholders and in press releases and investor webcasts. One can identify these forward-looking
statements by use of words such as ‘‘strategy,’’ ‘‘expects,’’ ‘‘plans,’’ ‘‘anticipates,’’ ‘‘believes,’’ ‘‘will,’’
‘‘continues,’’ ‘‘estimates,’’ ‘‘intends,’’ ‘‘projects,’’ ‘‘goals,’’ ‘‘targets’’ and other words of similar meaning.
One can also identify them by the fact that they do not relate strictly to historical or current facts. The
Company cannot guarantee that any forward-looking statement will be realized, although it believes that
it has been prudent in its plans and assumptions. Achievement of future results is subject to risks,
uncertainties, and the possibility of inaccurate assumptions. Should known or unknown risks or
uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could vary
materially from those anticipated, estimated, or projected. Investors should bear this in mind as they
consider forward-looking statements and whether to invest in or remain invested in the Company’s
securities. In connection with the ‘‘safe harbor’’ provisions of the Private Securities Litigation Reform Act
of 1995, the Company identifies from time to time important factors that could cause actual results and
outcomes to differ materially from those contained in any forward-looking statement made by or on
behalf of the Company. These factors include the ones discussed in the ‘‘Risk Factors’’ section below
and the ‘‘Business Environment’’ section preceding the discussion of operating results, as well as other
factors discussed in filings made by the Company with the SEC. It is not possible to predict or identify all
risk factors. Consequently, the risk factors discussed in this document should not be considered a
complete discussion of all potential risks or uncertainties. The Company does not undertake to update
any forward-looking statement that it may make from time to time.
(d) Financial Information About Geographic Areas
The amounts of net revenues, total assets and long-lived assets attributable to each of the
Company’s geographic segments for each of the last three fiscal years are set forth in Note 14 to the
Company’s consolidated financial statements contained in Part II hereof.
Kraft’s subsidiaries export coffee products, refreshment beverages products, grocery products,
cheese, biscuits, and processed meats. In 2005, exports from the United States by these subsidiaries
amounted to approximately $128 million.
(e) Available Information
The Company is required to file annual, quarterly and special reports, proxy statements and other
information with the SEC. Investors may read and copy any document that the Company files, including
this Annual Report on Form 10-K, at the SEC’s Public Reference Room at 100 F Street, N.E.,
Washington, D.C. 20549. Investors may obtain information on the operation of the Public Reference
Room by calling the SEC at 1-800-SEC-0330. In addition, the SEC maintains an Internet site at
www.sec.gov that contains reports, proxy and information statements, and other information regarding
issuers that file electronically with the SEC, from which investors can electronically access the
Company’s SEC filings.
The Company makes available free of charge on or through its website (www.kraft.com) its Annual
Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and amendments
to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of
10
6 C Cs: 29013