Southwest Airlines 2004 Annual Report Download - page 71

ment's assessment of the Company's internal control dures have been adopted in the simplest possible way,
over Ñnancial reporting appears on page 57 hereof. consistent with legal requirements. The Company's
Corporate Governance Guidelines, its charters for each
of its Audit, Compensation and Nominating and Cor-
Item 9B. Other Information porate Governance Committees and its Code of Ethics
covering all Employees are available on the Company's
None. website, www.southwest.com, and a copy will be mailed
upon request to Manager Ì Investor Relations, South-
west Airlines Co., P.O. Box 36611, Dallas, TX 75235.
PART III The Company intends to disclose any amendments to or
waivers of the Code of Ethics on behalf of the Com-
Item 10. Directors and Executive OÇcers of the pany's Chief Executive OÇcer, Chief Financial OÇcer,
Registrant Controller, and persons performing similar functions on
the Company's website, at southwest.com, under the
The information required by Item 401 of Regula- ""About SWA'' caption, promptly following the date of
tion S-K regarding directors is included under ""Election such amendment or waiver.
of Directors'' in the deÑnitive Proxy Statement for
Southwest's Annual Meeting of Shareholders to be held Item 11. Executive Compensation
May 18, 2005, and is incorporated herein by reference.
The information required by Item 401 of Regula- See ""Compensation of Executive OÇcers,'' incor-
tion S-K regarding executive oÇcers is included under porated herein by reference from the deÑnitive Proxy
""Executive OÇcers of the Registrant'' in Part I follow- Statement for Southwest's Annual Meeting of Share-
ing Item 4 of this Report. The information required by holders to be held May 18, 2005.
Item 405 of Regulation S-K is included under ""Sec-
tion 16(a) BeneÑcial Ownership Reporting Compli-
ance'' in the deÑnitive Proxy Statement for Southwest's Item 12. Security Ownership of Certain BeneÑcial
Annual Meeting of Shareholders to be held May 18, Owners and Management and Related
2005, and is incorporated herein by reference. Stockholder Matters
In the wake of well-publicized corporate scandals, See ""Voting Securities and Principal Sharehold-
the Securities and Exchange Commission and the New ers,'' incorporated herein by reference from the deÑni-
York Stock Exchange have issued multiple new regula- tive Proxy Statement for Southwest's Annual Meeting of
tions, requiring the implementation of policies and Shareholders to be held May 18, 2005.
procedures in the corporate governance area. Since
beginning business in 1971, Southwest has thrived on a Item 13. Certain Relationships and Related
culture that encourages an entrepreneurial spirit in its Transactions
Employees, and has emphasized personal responsibility,
initiative, and the use of independent, good judgment. See ""Election of Directors'' incorporated herein by
The Golden Rule is one of the core values, and there is a reference from the deÑnitive Proxy Statement for South-
""top-down'' insistence on the highest ethical standards west's Annual Meeting of Shareholders to be held
at all times. May 18, 2005.
In complying with new regulations requiring the
institution of policies and procedures, it has been the Item 14. Principal Accountant Fees and Services
goal of Southwest's Board of Directors and senior
leadership to do so in a way which does not inhibit or See ""Relationship with Independent Auditors'' in-
constrain Southwest's unique culture, and which does corporated herein by reference from the deÑnitive Proxy
not unduly impose a bureaucracy of forms and checkl- Statement for Southwest's Annual Meeting of Share-
ists. Accordingly, formal, written policies and proce- holders to be held May 18, 2005.
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