Albertsons 2006 Annual Report Download - page 31

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Legal and Administrative Proceedings, Regulatory and Accounting Matters
• Unfavorable outcomes in litigation, governmental or administrative proceedings, or other disputes
• Changes in applicable laws and regulations that impose additional requirements or restrictions on the
operation of our businesses
• Changes in accounting standards that impact our financial statements
Operating Conditions
• Changes in our business plans, operations, results and prospects
• Potential delays in the development, construction or start-up of planned projects
• Difficulties in developing, maintaining or upgrading information technology systems
• The outcome of negotiations with partners, governments, suppliers, unions, or customers
• Property damage or business disruption resulting from severe weather conditions that affect the
company, its customers or suppliers
ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
The information called for by Item 7A is found under the heading of “Quantitative and Qualitative
Disclosure About Market Risk” under Part II, Item 7 of this report.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
The information called for by Item 8 is found in a separate section of this report on pages F-1 through F-40.
See “Index of Selected Financial Data and Financial Statements and Schedules” on page F-1.
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
AND FINANCIAL DISCLOSURE
Not applicable.
ITEM 9A. CONTROLS AND PROCEDURES
Disclosure Controls and Procedures
The company carried out an evaluation, under the supervision and with the participation of the company’s
management, including the company’s chief executive officer and its chief financial officer, of the effectiveness
of the design and operation of the company’s disclosure controls and procedures (as defined in Rule 13a-15(e)
under the Exchange Act) as of February 25, 2006, the end of the period covered by this report. Based upon that
evaluation, the chief executive officer and chief financial officer concluded that as of the Evaluation Date, the
company’s disclosure controls and procedures are effective to ensure that information required to be disclosed by
the company in reports that it files or submits under the Exchange Act is recorded, processed, summarized and
reported within the time periods specified in Securities and Exchange Commission rules and forms.
Management’s Annual Report on Internal Control Over Financial Reporting
The financial statements, financial analyses and all other information included in this Annual Report on
Form 10-K were prepared by the company’s management, which is responsible for establishing and maintaining
adequate internal control over financial reporting.
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