Union Pacific 2001 Annual Report Download - page 55

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Cautionary Information
Certain statements in this report are, and statements in other material filed or to be filed with the Securities and Exchange
Commission (as well as information included in oral statements or other written statements made or to be made by the
Corporation) are, or will be, forward looking within the meaning of the Securities Act of 1933 and the Securities Exchange
Act of 1934. These forward-looking statements include, without limitation, statements regarding: expectations as to
operational improvements; expectations as to cost savings, revenue growth and earnings; the time by which certain
objectives will be achieved; estimates of costs relating to environmental remediation and restoration; proposed new
products and services; expectations that claims, lawsuits, environmental costs, commitments, contingent liabilities, labor
negotiations or agreements, or other matters will not have a material adverse effect on its consolidated financial position,
results of operations or liquidity; and statements concerning projections, predictions, expectations, estimates or forecasts
as to the Corporation’s and its subsidiaries’ business, financial and operational results, and future economic performance,
statements of management’s goals and objectives and other similar expressions concerning matters that are not historical
facts.
Forward-looking statements should not be read as a guarantee of future performance or results, and will not
necessarily be accurate indications of the times at, or by which, such performance or results will be achieved. Forward-
looking information is based on information available at the time and/or management’s good faith belief with respect
to future events, and is subject to risks and uncertainties that could cause actual performance or results to differ materially
from those expressed in the statements. Important factors that could cause such differences include, but are not limited
to, whether the Corporation and its subsidiaries are fully successful in implementing their financial and operational
initiatives; industry competition, conditions, performance and consolidation; legislative and/or regulatory developments,
including possible enactment of initiatives to re-regulate the rail business; natural events such as severe weather, floods
and earthquakes; the effects of adverse general economic conditions, both within the United States and globally; any
adverse economic or operational repercussions from recent terrorist activities, any government response thereto and any
future terrorist activities; changes in fuel prices; changes in labor costs; labor stoppages; and the outcome of claims and
litigation.
Forward-looking statements speak only as of the date the statement was made. The Corporation assumes no
obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other
factors affecting forward-looking information. If the Corporation does update one or more forward-looking statements,
no inference should be drawn that the Corporation will make additional updates with respect thereto or with respect to
other forward-looking statements.
Item 7A. Quantitative and Qualitative Disclosures about Market Risk
Information concerning market risk sensitive instruments is set forth under Management’s Discussion and Analysis of
Financial Condition and Results of Operations – Other Matters, Item 7, and note 4 to the Consolidated Financial
Statements, Item 8.
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