Pizza Hut 2005 Annual Report Download - page 49
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Please find page 49 of the 2005 Pizza Hut annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.MANAGEMENT’SREPORTONINTERNALCONTROLOVERFINANCIALREPORTING
Ourmanagementisresponsibleforestablishingandmaintainingadequateinternalcontroloverfinancial
reporting,assuchtermisdefinedinRule13a-15(f)undertheSecuritiesExchangeActof1934.Underthe
supervisionandwiththeparticipationofourmanagement,includingourprincipalexecutiveofficerandprincipal
financialofficer,weconductedanevaluationoftheeffectivenessofourinternalcontroloverfinancialreporting
basedontheframeworkinInternalControl—IntegratedFrameworkissuedbytheCommitteeofSponsoring
OrganizationsoftheTreadwayCommission.BasedonourevaluationundertheframeworkinInternalControl—
IntegratedFramework,ourmanagementconcludedthatourinternalcontroloverfinancialreportingwaseffective
asofDecember31,2005.Ourmanagement’sassessmentoftheeffectivenessofourinternalcontrolover
financialreportingasofDecember31,2005hasbeenauditedbyKPMGLLP,anindependentregisteredpublic
accountingfirm,asstatedintheirreportwhichisincludedherein.
SUPPLEMENTTOYUM!BRANDS,INC.ANNUALREPORTTOSHAREHOLDERS
OnJuly15,2005,DavidNovak,YumBrands,Inc.ChairmanandChiefExecutiveOfficersubmittedacertification
totheNewYorkStockExchange(theNYSE)asrequiredbySection303A.12(a)oftheNYSEListedCompany
Manual.ThiscertificationindicatedthatMr.NovakwasnotawareofanyviolationsbytheCompanyofNYSE
CorporateGovernancelistingstandards.
InconnectionwiththefilingoftheCompany’sForm10-KfortheyearendedDecember31,2005,the
CompanyhasincludedasexhibitscertificationssignedbyMr.NovakandMr.RichardCarucci,ChiefFinancial
Officer,pursuanttoRule13a-14(a)ofSecuritiesExchangeActof1934,asadoptedpursuanttoSection302of
theSarbanes-OxleyActof2002.
ThesestatementsarerequiredbytheNYSEaspartoftheCompany’sAnnualReporttoShareholders.
Yum!Brands,Inc. | 53.