E-Z-GO 2005 Annual Report Download - page 98

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periods specified in the Securities and Exchange Commission’s rules and forms, and (b) such information is accumulated and communicated to
our management, including our CEO and CFO, as appropriate to allow timely decisions regarding required disclosure.
Report of Management –
See page 36.
Report of Independent Registered Public Accounting Firm on Internal Control over Financial Reporting –
See page 37.
Changes in Internal Controls –
On January 2, 2005, Textron engaged a third-party service provider to assume operational control and day to day
management of Textron’s information technology infrastructure. During the fourth quarter of 2005, Textron continued its transfer of operational
control and day to day management of its information technology infrastructure to the third-party service provider. The third-party service
provider has responsibilities, under Textron’s oversight, for managing Textron’s networks and help desks, and maintaining mainframes, midrange
servers and workstations located at both Textron and the third-party service provider locations. This transfer has materially affected Textron’s
internal control over financial reporting related to its information technology infrastructure. We believe that we have taken appropriate actions to
ensure that effective internal controls over financial reporting associated with the transfer have been and will continue to be maintained during the
transition period.
Item 9B. Other Information
None
PART III
Item 10. Directors and Executive Officers of the Registrant
The information appearing under “Audit Committee,” “Nominees for Director,” “Directors Continuing in Office,” “Corporate Governance,” “Code
of Ethics” and “Section 16(a) Beneficial Ownership Reporting Compliance” in the Proxy Statement for our Annual Meeting of Shareholders to be
held on April 26, 2006, is incorporated by reference into this Annual Report on Form 10-K.
Information regarding our executive officers is contained in Part I of this Annual Report on Form 10-K.
Item 11. Executive Compensation
The information appearing under “Compensation of Directors,” “Report of the Organization and Compensation Committee on Executive Compen-
sation,” “Executive Compensation” and “Performance Graph” in the Proxy Statement for our Annual Meeting of Shareholders to be held on April
26, 2006, is incorporated by reference into this Annual Report on Form 10-K.
Item 12. Security Ownership of Certain Beneficial Owners and Management and
Related Stockholder Matters
The information appearing under “Security Ownership of Certain Beneficial Holders,” “Security Ownership of Management,” and “Equity Com-
pensation Plan Information “ in the Proxy Statement for our Annual Meeting of Shareholders to be held on April 26, 2006, is incorporated by ref-
erence into this Annual Report on Form 10-K.
Textron Inc.
78