Best Buy 2003 Annual Report Download - page 37
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Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.
The information provided under the caption “Security Ownership of Certain Beneficial Owners and Management” on pages 6 through
8 of the Proxy Statement is incorporated herein by reference.
The information set forth under the caption “Equity Compensation Plan Information” on page 20 of the Proxy Statement, regarding
securities authorized for issuance under equity compensation plans, is incorporated herein by reference.
Item 13. Certain Relationships and Related Transactions.
The information provided under the captions “Nominees and Directors” and “Certain Transactions” on pages 9 through 11 of the
Proxy Statement is incorporated herein by reference.
Item 14. Controls and Procedures.
a. Evaluation of disclosure controls and procedures
The term “disclosure controls and procedures” is defined in Rules 13a−14(c) and 15d−14(c) of the Exchange Act. These Rules refer to
the controls and other procedures of a company that are designed to ensure that information required to be disclosed by a company in
the reports that it files under the Exchange Act is recorded, processed, summarized and reported within required time periods. Our
Chief Executive Officer and our Chief Financial Officer have evaluated the effectiveness of our disclosure controls and procedures as
of a date within 90 days before the filing of this report (“Evaluation Date”), and they have concluded that, as of the Evaluation Date,
such controls and procedures were effective at ensuring that required information will be disclosed on a timely basis in our reports
filed under the Exchange Act.
b. Changes in internal controls
We maintain a system of internal accounting controls that is designed to provide reasonable assurance that our books and records
accurately reflect our transactions and that our established policies and procedures are followed. There have been no significant
changes to our internal controls or in other factors that could significantly affect our internal controls subsequent to the date the Chief
Executive Officer and Chief Financial Officer completed their evaluation thereof.
PART IV
Item 15. Exhibits, Financial Statement Schedules, and Reports on Form 8−K.
(a) The following documents are filed as part of this report:
1. Financial Statements:
All financial statements as set forth under Item 8 of this report.
2. Supplementary Financial Statement Schedules:
Schedule II − Valuation and Qualifying Accounts
Other schedules have not been included because they are not applicable or because the information is included elsewhere in
this report.
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