Kroger 2014 Annual Report Download - page 66

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A-1
FI N A N C I A L R E P O R T 2 0 14
MA N A G E M E N T ’S R E S P O N S I B I L I T Y F O R F I N A N C I A L R E P O R T I N G
The management of The Kroger Co. has the responsibility for preparing the accompanying financial
statements and for their integrity and objectivity. The statements were prepared in accordance with generally
accepted accounting principles applied on a consistent basis and are not misstated due to material error
or fraud. The financial statements include amounts that are based on management’s best estimates and
judgments. Management also prepared the other information in the report and is responsible for its accuracy
and consistency with the financial statements.
Kroger’s financial statements have been audited by PricewaterhouseCoopers LLP, an independent
registered public accounting firm, whose selection has been ratified by the shareholders. Management has
made available to PricewaterhouseCoopers LLP all of Kroger’s financial records and related data, as well
as the minutes of the shareholders’ and directors’ meetings. Furthermore, management believes that all
representations made to PricewaterhouseCoopers LLP during its audit were valid and appropriate.
Management also recognizes its responsibility for fostering a strong ethical climate so that Kroger’s affairs
are conducted according to the highest standards of personal and corporate conduct. This responsibility is
characterized and reflected in The Kroger Co. Policy on Business Ethics, which is publicized throughout
Kroger and available on Kroger’s website at ir.kroger.com. The Kroger Co. Policy on Business Ethics addresses,
among other things, the necessity of ensuring open communication within Kroger; potential conflicts of
interests; compliance with all domestic and foreign laws, including those related to financial disclosure; and
the confidentiality of proprietary information. Kroger maintains a systematic program to assess compliance
with these policies.
MA N A G E M E N T ’S R E P O R T O N I N T E R N A L C O N T R O L O V E R F I N A N C I A L R E P O R T I N G
Management is responsible for establishing and maintaining adequate internal control over financial
reporting for Kroger. With the participation of the Chief Executive Officer and the Chief Financial Officer,
management conducted an evaluation of the effectiveness of Kroger’s internal control over financial reporting
based on the framework and criteria established in Internal Control – Integrated Framework, issued by the
Committee of Sponsoring Organizations of the Treadway Commission. Based on this evaluation, management
has concluded that Kroger’s internal control over financial reporting was effective as of January 31, 2015.
W. Rodney McMullen J. Michael Schlotman
Chairman of the Board and
Chief Executive Officer
Senior Vice President and
Chief Financial Officer