Black & Decker 2013 Annual Report Download - page 65
Download and view the complete annual report
Please find page 65 of the 2013 Black & Decker 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.
0$1$*(0(17¶65(325721,17(51$/&21752/29(5),1$1&,$/5(3257,1*
7KHPDQDJHPHQWRI6WDQOH\%ODFN'HFNHU,QFLVUHVSRQVLEOHIRUHVWDEOLVKLQJDQGPDLQWDLQLQJDGHTXDWHLQWHUQDOFRQWURORYHU
ILQDQFLDOUHSRUWLQJ,QWHUQDOFRQWURORYHUILQDQFLDOUHSRUWLQJLVDSURFHVVGHVLJQHGWRSURYLGHUHDVRQDEOHDVVXUDQFHUHJDUGLQJWKH
UHOLDELOLW\RIILQDQFLDOUHSRUWLQJDQGWKHSUHSDUDWLRQRIILQDQFLDOVWDWHPHQWVIRUH[WHUQDOUHSRUWLQJSXUSRVHVLQDFFRUGDQFHZLWK
DFFRXQWLQJSULQFLSOHVJHQHUDOO\DFFHSWHGLQWKH8QLWHG6WDWHVRI$PHULFD%HFDXVHRILWVLQKHUHQWOLPLWDWLRQVLQWHUQDOFRQWURO
RYHUILQDQFLDOUHSRUWLQJPD\QRWSUHYHQWRUGHWHFWPLVVWDWHPHQWV
,Q)HEUXDU\6WDQOH\%ODFN'HFNHUDFTXLUHG,QIDVWHFKIRUPLOOLRQ6LQFH6WDQOH\%ODFN'HFNHUKDVQRW\HW
IXOO\LQFRUSRUDWHGWKHLQWHUQDOFRQWUROVDQGSURFHGXUHVRI,QIDVWHFKLQWR6WDQOH\%ODFN'HFNHUVLQWHUQDOFRQWURORYHU
ILQDQFLDOUHSRUWLQJPDQDJHPHQWH[FOXGHGWKLVEXVLQHVVIURPLWVDVVHVVPHQWRIWKHHIIHFWLYHQHVVRILQWHUQDOFRQWURORYHU
ILQDQFLDOUHSRUWLQJDVRI'HFHPEHU,QIDVWHFKDFFRXQWHGIRUPLOOLRQDQGPLOOLRQRI6WDQOH\%ODFN
'HFNHUVWRWDODVVHWVDQGQHWDVVHWVUHVSHFWLYHO\DVRI'HFHPEHUDQGPLOOLRQDQGPLOOLRQRIUHYHQXHDQGQHW
LQFRPHUHVSHFWLYHO\IRUWKH\HDUWKHQHQGHG
0DQDJHPHQWKDVDVVHVVHGWKHHIIHFWLYHQHVVRI6WDQOH\%ODFN'HFNHU,QF¶VLQWHUQDOFRQWURORYHUILQDQFLDOUHSRUWLQJDVRI
'HFHPEHUZLWKWKHH[FHSWLRQRIWKHDIRUHPHQWLRQHG,QIDVWHFKDFTXLVLWLRQ,QPDNLQJLWVDVVHVVPHQWPDQDJHPHQWKDV
XWLOL]HGWKHFULWHULDVHWIRUWKE\WKH&RPPLWWHHRI6SRQVRULQJ2UJDQL]DWLRQV&262RIWKH7UHDGZD\&RPPLVVLRQLQ,QWHUQDO
&RQWURO²,QWHJUDWHG)UDPHZRUN)UDPHZRUN0DQDJHPHQWFRQFOXGHGWKDWEDVHGRQLWVDVVHVVPHQW6WDQOH\%ODFN
'HFNHU,QF¶VLQWHUQDOFRQWURORYHUILQDQFLDOUHSRUWLQJZDVHIIHFWLYHDVRI'HFHPEHU(UQVW<RXQJ//35HJLVWHUHG
3XEOLF$FFRXQWLQJ)LUPLQFOXGHGLQWKLVDQQXDOUHSRUWKDVLVVXHGDQDWWHVWDWLRQUHSRUWRQWKHUHJLVWUDQW¶VLQWHUQDOFRQWURORYHU
ILQDQFLDOUHSRUWLQJDFRS\RIZKLFKDSSHDUVRQSDJH
V-RKQ)/XQGJUHQ
-RKQ)/XQGJUHQ&KDLUPDQDQG&KLHI([HFXWLYH2IILFHU
V'RQDOG$OODQ-U
'RQDOG$OODQ-U6HQLRU9LFH3UHVLGHQWDQG&KLHI)LQDQFLDO2IILFHU