DuPont 2009 Annual Report Download - page 51

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Part II
ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK, continued
2009 and 2008. The sensitivity for interest rate swaps is based on a one percent change in the market interest rate.
Foreign currency, agricultural and energy derivative sensitivities are based on a 10 percent change in market rates.
Fair Value Fair Value
Asset/(Liability) Sensitivity
(Dollars in millions) 2009 2008 2009 2008
Interest rate swaps $- $43 $ (60) $ (16)
Foreign currency contracts 97 (348) (752) (581)
Agricultural feedstocks -1(21) (49)
Energy feedstocks (101) (161) (119) (189)
Since the company’s risk management programs are highly effective, the potential loss in value for each risk
management portfolio described above would be largely offset by changes in the value of the underlying exposure.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
The financial statements and supplementary data required by this Item are included herein, commencing on page F-1
of this report.
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE
None.
ITEM 9A. CONTROLS AND PROCEDURES
The company maintains a system of disclosure controls and procedures to give reasonable assurance that information
required to be disclosed in the company’s reports filed or submitted under the Securities Exchange Act of 1934
(Exchange Act) is recorded, processed, summarized and reported within the time periods specified in the rules and
forms of the SEC. These controls and procedures also give reasonable assurance that information required to be
disclosed in such reports is accumulated and communicated to management to allow timely decisions regarding
required disclosures.
As of December 31, 2009, the company’s Chief Executive Officer (CEO) and Chief Financial Officer (CFO), together
with management, conducted an evaluation of the effectiveness of the company’s disclosure controls and procedures
pursuant to Rules 13a-15(e) and 15d-15(e) of the Exchange Act. Based on that evaluation, the CEO and CFO
concluded that these disclosure controls and procedures are effective.
There has been no change in the company’s internal control over financial reporting that occurred during the fourth
quarter of 2009 that has materially affected, or is reasonably likely to materially affect, the company’s internal control
over financial reporting. The company has completed its evaluation of its internal controls and has concluded that the
company’s system of internal controls over financial reporting was effective as of December 31, 2009 (see page F-2).
The company continues to take appropriate steps to enhance the reliability of its internal control over financial
reporting. Management has identified areas for improvement and discussed them with the company’s Audit Committee
and independent registered public accounting firm.
ITEM 9B. OTHER INFORMATION
None.
50