Safeway 2012 Annual Report Download - page 96

SAFEWAY INC. AND SUBSIDIARIES
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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,” as such term is defined under Exchange Act
Rule 13a-15(e), 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. In designing and evaluating the disclosure controls
and procedures, the Company’s management recognized that any controls and procedures, no matter how
well designed and operated, can provide only reasonable assurance of achieving the desired control
objectives, and in reaching a reasonable level of assurance, the Company’s management necessarily was
required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures.
The Company’s disclosure controls and procedures have been designed to provide reasonable assurance
of achieving their objectives. The Company also has investments in certain unconsolidated entities, including
Casa Ley, S.A. de C. V. 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 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 the end of the period covered
by this Annual Report on Form 10-K, the Company’s Chief Executive Officer along with the Company’s Chief
Financial Officer concluded that the Company’s disclosure controls and procedures were effective at the
reasonable assurance level. There has been no change during the Company’s fiscal quarter ended
December 29, 2012 in the Company’s internal control over financial reporting that was identified in connection
with the evaluation required by Exchange Act Rule 13a-15(d) 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 rendered an opinion on the Company’s internal
control over financial reporting. Management’s report, together with the opinion of the independent registered
public accounting firm, is set forth in Part II, Item 8 of this report.
Item 9B. Other Information
None.