Dollar General 2008 Annual Report Download - page 63

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61
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
Report of Independent Registered Public Accounting Firm
To the Board of Directors and Shareholders of
Dollar General Corporation
We have audited the accompanying consolidated balance sheets of Dollar General
Corporation and subsidiaries as of January 30, 2009 (Successor) and February 1, 2008
(Successor), and the related consolidated statements of operations, shareholders' equity, and cash
flows for the year ended January 30, 2009 (Successor), the periods from March 6, 2007 to
February 1, 2008 (Successor) and from February 3, 2007 to July 6, 2007 (Predecessor), and the
year ended February 2, 2007 (Predecessor). These financial statements are the responsibility of
the Company's management. Our responsibility is to express an opinion on these financial
statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that we plan and perform
the audit to obtain reasonable assurance about whether the financial statements are free of
material misstatement. We were not engaged to perform an audit of the Company's internal
control over financial reporting. Our audits included consideration of internal control over
financial reporting as a basis for designing audit procedures that are appropriate in the
circumstances, but not for the purpose of expressing an opinion on the effectiveness of the
Company's internal control over financial reporting. Accordingly, we express no such opinion.
An audit also includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements, assessing the accounting principles used and significant
estimates made by management, and evaluating the overall financial statement presentation. We
believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material
respects, the consolidated financial position of Dollar General Corporation and subsidiaries at
January 30, 2009 (Successor) and February 1, 2008 (Successor), and the consolidated results of
their operations and their cash flows for the year ended January 30, 2009 (Successor), the periods
from March 6, 2007 to February 1, 2008 (Successor) and from February 3, 2007 to July 6, 2007
(Predecessor), and the year ended February 2, 2007 (Predecessor), in conformity with U.S.
generally accepted accounting principles.
As discussed in Notes 1 and 5 to the consolidated financial statements, effective February
3, 2007, the Company changed its method of accounting for uncertain tax positions in connection
with the adoption of FASB Interpretation No. 48, “Accounting for Uncertainty in Income
Taxes”.
/s/ Ernst & Young LLP
Nashville, Tennessee
March 24, 2009