Symantec 2004 Annual Report Download - page 17

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SYMANTEC CORPORATION «15»
2004 Annual Report
Financial Information
NSelected Financial Data «16»
NBusiness Overview «18»
NManagement’s Discussion and Analysis
of Financial Condition and Results of Operations «26»
NQuantitative and Qualitative Disclosures about Market Risk «46»
NChanges in and Disagreements with Accountants on
Accounting and Financial Disclosure «47»
NControls and Procedures «47»
NConsolidated Financial Statements «48»
NSummary of Significant Accounting Policies «52»
NNotes to Consolidated Financial Statements «57»
NReport of Independent Registered Public Accounting Firm «75»
NReport of Ernst & Young LLP, Independent Registered Public
Accounting Firm «76»
FORWARD-LOOKING STATEMENT
This annual report may be deemed to contain forward-looking statements, including statements regarding our market opportunity and the forecasted growth
rate of future revenue and earnings, expected product development and other activities, and other financial and business results that involve known and
unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from
results expressed or implied by this annual report. Such risk factors include, among others: the sustainability of recent growth rates, particularly in consumer
products; whether certain market segments, particularly enterprise security, grow as anticipated; the positioning of Symantec’s products in those segments;
the competitive environment in the software industry; ability to integrate acquired companies and technology and whether these acquisitions are as
successful as anticipated; general market conditions; fluctuations in currency exchange rates; changes to operating systems and product strategy by vendors
of operating systems; and whether Symantec can successfully develop new products and the degree to which these gain market acceptance. Actual results
may differ materially from those contained in the forward-looking statements in this annual report. Additional information concerning these and other risk
factors is contained in the Risk Factors sections of Symantec’s previously filed Form 10-K for the year ended April 2, 2004. Symantec assumes no obligation
to update any forward-looking information contained in this annual report.