The SEC encourages companies to disclose forward-looking information so that investors can better understand a company’s future prospects and make informed investment decisions. The information on this web site contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, particularly statements anticipating future growth in revenues, Operating Income (Loss) before Depreciation and Amortization, cash provided by operating activities and other financial measures. Words such as “anticipates,” “estimates,” “expects,” “projects,” “intends,” “plans,” “believes” and words and terms of similar substance used in connection with any discussion of future operating or financial performance identify forward-looking statements. These forward-looking statements are based on management’s current expectations and beliefs about future events. As with any projection or forecast, they are inherently susceptible to uncertainty and changes in circumstances, and Time Warner Cable is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of such changes, new information, subsequent events or otherwise.
Various factors could adversely affect the operations, business or financial results of Time Warner Cable in the future and cause Time Warner Cable’s actual results to differ materially from those contained in the forward-looking statements, including those factors discussed in detail in Time Warner Cable’s Annual Report on Form 10-K for the year ended December 31, 2008 (the “2008 Form 10-K”), and in Time Warner Cable’s other filings made from time to time with the SEC. Copies of Time Warner Cable’s filings with the SEC can be obtained through the Investor Relations portion of this web site under “Reports and SEC Filings.”
In addition, Time Warner Cable operates in a highly competitive, consumer and technology-driven and rapidly changing business. Its business is affected by government regulation, economic, strategic, political and social conditions, consumer response to new and existing products and services, technological developments and, particularly in view of new technologies, its continued ability to protect and secure any necessary intellectual property rights. Time Warner Cable’s actual results could differ materially from management’s expectations because of changes in such factors.
Further, lower than expected valuations associated with Time Warner Cable’s cash flows and revenues may result in Time Warner Cable’s inability to realize the value of recorded intangibles and goodwill. Additionally, achieving Time Warner Cable’s financial objectives could be adversely affected by the factors discussed in detail in the 2008 Form 10-K, as well as:
- a longer than anticipated continuation of the current economic slowdown or further deterioration in the economy;
- any reduction in Time Warner Cable’s ability to access the capital markets for debt securities or bank financings, including as a result of current liquidity issues affecting the capital markets;
- the impact of terrorist acts and hostilities;
- changes in Time Warner Cable’s plans, strategies and intentions;
- the impacts of significant acquisitions, dispositions and other similar transactions; and
- the failure to meet earnings expectations.
Last updated: April 29, 2009