Washington Post 2004 Annual Report Download - page 40

Officer and Vice President-Finance have concluded that the Company's disclosure controls and procedures, as designed
and implemented, are effective in ensuring that information required to be disclosed by the Company in the reports that it
files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified
in the Securities and Exchange Commission's rules and forms.
Management's Report on Internal Control over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over financial reporting (as
defined in Exchange Act Rules 13a-15(f) and 15d-15(f)). The Company's internal control over financial reporting is a
process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of
financial statements for external purposes in accordance with generally accepted accounting principles. Our management
assessed the effectiveness of our internal control over financial reporting as of January 2, 2005. In making this assessment,
our management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission
(""COSO'') in Internal Control-Integrated Framework. Our management has concluded that, as of January 2, 2005, our
internal control over financial reporting is effective based on these criteria. Our independent auditors, Price-
waterhouseCoopers LLP, have audited our assessment of the effectiveness of our internal control over financial reporting as
of January 2, 2005, as stated in their report which is included herein.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also,
projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate
because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
Item 9B. Other Information.
Not applicable.
PART III
Item 10. Directors and Executive Officers of the Registrant.
The information contained under the heading ""Executive Officers'' in Item 1 hereof and the information contained under the
headings ""Nominees for Election by Class A Stockholders,'' ""Nominees for Election by Class B Stockholders'' and
""Section 16(a) Beneficial Ownership Reporting Compliance'' in the definitive Proxy Statement for the Company's 2005
Annual Meeting of Stockholders is incorporated herein by reference thereto.
The Company has adopted codes of conduct that constitute ""codes of ethics'' as that term is defined in paragraph (b) of
Item 406 of Regulation S-K and that apply to the Company's principal executive officer, principal financial officer, principal
accounting officer or controller and to any persons performing similar functions. Such codes of conduct are posted on the
Company's Internet website, the address of which is www.washpostco.com, and the Company intends to satisfy the
disclosure requirements under Item 5.05 of Form 8-K with respect to certain amendments to, and waivers of the
requirements of, the provisions of such codes of conduct applicable to the officers and persons referred to above by
posting the required information on its Internet website.
In addition to the certifications of the Company's Chief Executive Officer and Chief Financial Officer filed as exhibits to this
Annual Report on Form 10-K, in May 2004 the Company's Chief Executive Officer submitted to the New York Stock
Exchange the certification regarding compliance with the NYSE's corporate governance listing standards required by
Section 303A.12 of the NYSE Listed Company Manual.
Item 11. Executive Compensation.
The information contained under the headings ""Director Compensation,'' ""Executive Compensation,'' ""Retirement Plans,''
""Compensation Committee Report on Executive Compensation,'' ""Compensation Committee Interlocks and Insider
Participation'' and ""Performance Graph'' in the definitive Proxy Statement for the Company's 2005 Annual Meeting of
Stockholders is incorporated herein by reference thereto.
24 THE WASHINGTON POST COMPANY