Read the below snapahot from Hersheys Annual Report and answer the following questions: 1. Which section of the annual report does the above snapshot come from? Justify your answer. (How did you know that?) 2. Does this section from where the below snapshot comes from get audited? 3. How would you as an analyst make use of such information? OUTLOOK The outlook section contains a number of forward-looking statements, all of which are based on current expectations. Actual results may differ materially..... Excluding the Brookside acquisition, we expect volume to be slightly up for the full year 2012, resulting in net sales growth of about 5% to 7%, including the impact of foreign currency exchange rates.... We expect reported gross margin to increase approximately 90 basis points in 2012.... We expect full-year adjusted earnings per share-diluted, including the adjustment for non-service related pension expenses, to increase 9% to 11%.... Cash Flows from Investing Activities ...We anticipate total capital expenditures, including capitalized software, of approximately $280 million to $295 million in 2012... Excerpt from Hershey's MD&A, Annual Report (2011)