Safeway 2005 Annual Report Download - page 81

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SAFEWAY INC. AND SUBSIDIARIES
61
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
Not applicable.
Item 9A. Controls and Procedures
The Company maintains disclosure controls and procedures that are designed to ensure that information required to be
disclosed in the Company’s Exchange Act reports is recorded, processed, summarized and reported within the time periods
specified in the SEC’s rules and forms, and that such information is accumulated and communicated to the Company’s
management, including its President and Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely
decisions regarding required disclosure. Management necessarily applied its judgment in assessing the costs and benefits of
such controls and procedures which, by their nature, can provide only reasonable assurance regarding management’s control
objectives. Management, including the Company’s President and Chief Executive Officer along with the Company’s Chief
Financial Officer, concluded that the Company’s disclosure controls and procedures are effective in reaching the level of
reasonable assurance regarding management’s control objectives. The Company also has investments in certain
unconsolidated entities, including Casa Ley. As the Company does not control or manage these entities, its disclosure
controls and procedures with respect to such entities are necessarily more limited than those it maintains with respect to its
consolidated subsidiaries.
The Company has carried out an evaluation, under the supervision and with the participation of the Company’s
management, including the Company’s President and Chief Executive Officer along with the Company’s Chief Financial
Officer, of the effectiveness of the design and operation of the Company’s disclosure controls and procedures pursuant to
Exchange Act Rule 13a-15(b). Based upon the foregoing, as of December 31, 2005, the Company’s President and Chief
Executive Officer along with the Company’s Chief Financial Officer, concluded that the Company’s disclosure controls and
procedures are effective in timely alerting them to material information relating to the Company (including its consolidated
subsidiaries) required to be included in the Company’s Exchange Act reports. There has been no change during the
Company’s fiscal quarter ended December 31, 2005 in the Company’s internal control over financial reporting that was
identified in connection with the foregoing evaluation which has materially affected, or is reasonably likely to materially
affect, the Company’s internal control over financial reporting.
Management of Safeway Inc. has prepared an annual report on internal control over financial reporting. The Company’s
independent registered public accounting firm has issued an attestation report on management’s assessment of the
effectiveness of the Company’s internal control over financial reporting. Management’s report, together with the attestation
report of the independent registered public accounting firm, is set forth in Part II, Item 8 of this report.
Item 9B. Other Information
None.