Safeway 2006 Annual Report Download - page 81

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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. 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 December 30, 2006, 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 material 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 quarter ended December 30, 2006 in the Company’s internal
control over financial reporting that was identified in connection with the foregoing evaluation 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 issued an attestation report on management’s
assessment of the effectiveness of the Company’s internal control over financial reporting. Management’s report,
together with the attestation report 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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