Pizza Hut 2006 Annual Report Download - page 48

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53
Management’s Report on Internal Control Over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over financial
reporting, as such term is defined in Rule 13a-15(f) under the Securities Exchange Act of 1934. Under the
supervision and with the participation of our management, including our principal executive officer and principal
financial officer, we conducted an evaluation of the effectiveness of our internal control over financial
reporting based on the framework in Internal Control — Integrated Framework issued by the Committee of
Sponsoring Organizations of the Treadway Commission. Based on our evaluation under the framework in Internal
Control — Integrated Framework, our management concluded that our internal control over financial reporting
was effective as of December 30, 2006. Our management’s assessment of the effectiveness of our internal control
over financial reporting as of December 30, 2006 has been audited by KPMG LLP, an independent registered
public accounting firm, as stated in their report which is included herein.
Supplement to Yum! Brands, Inc. Annual Report to Shareholders
On June 12, 2006, David Novak, Yum Brands, Inc. Chairman and Chief Executive Officer submitted a certification
to the New York Stock Exchange (the NYSE) as required by Section 303A.12(a) of the NYSE Listed Company
Manual. This certification indicated that Mr. Novak was not aware of any violations by the Company of NYSE
Corporate Governance listing standards.
In connection with the filing of the Company’s Form 10-K for the year ended December 30, 2006, the Company
has included as exhibits certifications signed by Mr. Novak and Mr. Richard Carucci, Chief Financial Officer,
pursuant to Rule 13a-14(a) of Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002.
These statements are required by the NYSE as part of the Company’s Annual Report to Shareholders.