Summary
This 10-K filing from Booking Holdings Inc. (then Priceline.com Incorporated) for the period ending December 30, 2003, filed on March 29, 2004, provides an amendment to their annual report. While the filing primarily consists of exhibits, including financial statements for Priceline Mortgage Company, L.L.C., and Sarbanes-Oxley Act certifications from key executives Jeffery H. Boyd and Robert J. Mylod, it offers insight into the company's compliance and financial reporting structure during a significant period of growth and regulatory change following the Sarbanes-Oxley Act of 2002. Investors should note the inclusion of specific financial statements for a subsidiary, Priceline Mortgage Company, L.L.C., which suggests a diversified business structure at the time. The presence of Section 302 certifications from the CEO and CFO underscores the company's commitment to internal controls and financial accuracy as mandated by SOX. While this filing is an amendment and lacks the comprehensive financial performance data typically found in a primary 10-K, it serves as a crucial document for understanding the company's governance and subsidiary financial reporting practices during this era.
Key Highlights
- 1Filing is an amendment to the 2003 Annual Report.
- 2Includes financial statements for subsidiary Priceline Mortgage Company, L.L.C. for the years ended December 31, 2003 and 2002.
- 3Features Sarbanes-Oxley Act (SOX) Section 302 certifications from CEO Jeffery H. Boyd and CFO Robert J. Mylod.
- 4Demonstrates commitment to internal controls and financial reporting accuracy post-SOX implementation.
- 5Indicates a degree of business diversification through the inclusion of mortgage company financials.
- 6Consent of independent auditors Deloitte & Touche LLP is included.