Safeway 2008 Annual Report Download - page 90

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SAFEWAY INC. AND SUBSIDIARIES
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, S.A. de C. V. 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 the end of the period covered by this Annual Report on
Form 10-K, 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 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 year ended January 3, 2009 in the Company’s internal
control over financial reporting that was identified in connection with the evaluation required by Exchange Act Rule
13a-15(d) 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 rendered an opinion on the Company’s internal control over financial
reporting. Management’s report, together with the opinion of the independent registered public accounting firm, is set
forth in Part II, Item 8 of this report.
Item 9B. Other Information
None.
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