MOLX » Topics » Management’s Report on Internal Control Over Financial Reporting

This excerpt taken from the MOLX 10-K filed Sep 12, 2005.

Management’s Report on Internal Control Over Financial Reporting

Molex management is responsible for establishing and maintaining an adequate system of internal control over financial reporting as required by the Sarbanes-Oxley Act of 2002 and as defined in Exchange Act Rule 13a-15(f). A control system can provide only reasonable, not absolute, assurance that the objectives of the control system are met.

Under management’s supervision, an evaluation of the design and effectiveness of Molex’s internal control over financial reporting was conducted based on the framework in Internal Control–Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Based on this evaluation, management concluded that Molex’s internal control over financial reporting was effective as of June 30, 2005.

Ernst & Young LLP, an independent registered public accounting firm, as auditors of Molex Incorporated’s financial statements, has issued an attestation report on management’s assessment of the effectiveness of Molex’s internal control over financial reporting as of June 30, 2005. Ernst & Young LLP’s report, which expresses unqualified opinions on management’s assessment and on the effectiveness of Molex’s internal control over financial reporting, is included herein.

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