Wendy's 2008 Annual Report Download - page 85

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Item 8. Financial Statements and Supplementary Data
INDEX TO CONSOLIDATED FINANCIAL STATEMENTS
Page
Glossary of Defined Terms .................................................................... 78
Report of Independent Registered Public Accounting Firm ....................................... 82
Consolidated Balance Sheets as of December 28, 2008 and December 30, 2007..................... 83
Consolidated Statements of Operations for the years ended December 28, 2008, December 30, 2007
and December 31, 2006. .................................................................... 84
Consolidated Statements of Stockholders’ Equity for the years ended December 28, 2008,
December 30, 2007 and December 31, 2006.................................................. 85
Consolidated Statements of Cash Flows for the years ended December 28, 2008, December 30, 2007
and December 31, 2006. .................................................................... 88
Notes to Consolidated Financial Statements ..................................................... 92
(1) Summary of Significant Accounting Policies . . . ........................................ 92
(2) Significant Risks and Uncertainties ................................................... 101
(3) Business Acquisitions and Dispositions ................................................ 103
(4) DFR Notes......................................................................... 107
(5) Income (Loss) Per Share ............................................................. 108
(6) Short-Term Investments ............................................................. 110
(7) Balance Sheet Detail ................................................................ 111
(8) Investments ........................................................................ 115
(9) Goodwill and Other Intangible Assets ................................................ 120
(10) Long-Term Debt .................................................................... 122
(11) Gain (Loss) on Early Extinguishments of Debt. ........................................ 125
(12) Derivative Instruments .............................................................. 125
(13) Fair Value of Financial Instruments................................................... 127
(14) Income Taxes. . . .................................................................... 130
(15) Stockholders’ Equity................................................................. 133
(16) Share-Based Compensation ........................................................... 135
(17) Facilities Relocation and Corporate Restructuring ...................................... 143
(18) Goodwill Impairment and Impairment of Long-Lived Assets ............................ 146
(19) Investment Income, Net ............................................................. 147
(20) Other Than Temporary Losses on Investments . ........................................ 147
(21) Other Operating Expense (Income), Net............................................... 148
(22) Other Expense, Net ................................................................. 148
(23) Discontinued Operations ............................................................. 148
(24) Retirement Benefit Plans ............................................................ 149
(25) Lease Commitments ................................................................. 152
(26) Guarantees and Other Commitments and Contingencies ................................ 154
(27) Transactions with Related Parties..................................................... 156
(28) Legal and Environmental Matters ..................................................... 163
(29) Advertising Costs and Funds ......................................................... 165
(30) Business Segments .................................................................. 165
(31) Quarterly Financial Information (Unaudited). . . ........................................ 170
77