Circuit City 2004 Annual Report Download - page 33

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Our management, including our CEO and CFO, does not expect that our disclosure controls and procedures will
prevent all errors and all fraud. A control system, no matter how well designed and operated, can provide only
reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control
system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative
to their costs. Because of the inherent limitations in control systems, misstatements due to error or fraud may occur and
not be detected. These limitations include the circumstances that breakdowns can occur as a result of error or mistake,
the exercise of judgment by individuals or that controls can be circumvented by acts of misconduct. Also, projections
of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because
of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
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Changes in Internal Controls Over Financial Reporting
Our management is not aware of any changes in internal control over financial reporting that occurred during the
quarter ended December 31, 2004 that materially affected, or were reasonably likely to materially affect, our internal
control over financial reporting.
PART III
Item 10. Directors and Executive Officers of the Registrant.
The information required by Item 10 of Part III is hereby incorporated by reference from the Company's Proxy
Statement for the 2005 Annual Meeting of Stockholders (the "Proxy Statement").
Item 11. Executive Compensation .
The information required by Item 11 of Part III is hereby incorporated by reference from the Proxy Statement.
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.
The information required by Item 12 of Part III is hereby incorporated by reference from the Proxy Statement.
Item 13. Certain Relationships and Related Transactions.
The information required by Item 13 of Part III is hereby incorporated by reference from the Proxy Statement.
Item 14. Principal Accounting Fees and Services.
The information required by Item 14 of Part III is hereby incorporated by reference from the Proxy Statement.
35
PART IV
Item 15. Exhibits, Financial Statements, Schedules and Reports on Form 8-K.
(a)
1.
The Consolidated Financial Statements of Systemax Inc.
Reference
Report of Independent Registered Public Accounting Firm
Consolidated Balance Sheets, as restated
Consolidated Statements of Operations for the years ended December 31,
41
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