Wendy's 2011 Annual Report Download - page 69

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Stockholders and Board of Directors of
The Wendy’s Company
Dublin, Ohio
We have audited the accompanying consolidated balance sheets of The Wendy’s Company and subsidiaries (the
“Company”) as of January 1, 2012 and January 2, 2011, and the related consolidated statements of operations,
stockholders’ equity, and cash flows for each of the three years in the period ended January 1, 2012. Our audits also
included the financial statement schedule listed in the Index at Item 15. These financial statements and financial
statement schedule are the responsibility of the Company’s management. Our responsibility is to express an opinion
on these financial statements and financial statement schedule 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. An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the
accounting principles used and significant estimates made by management, as well as evaluating the overall financial
statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, such consolidated financial statements present fairly, in all material respects, the financial
position of the Company as of January 1, 2012 and January 2, 2011, and the results of its operations and its cash
flows for each of the three years in the period ended January 1, 2012, in conformity with accounting principles
generally accepted in the United States of America. Also, in our opinion, such financial statement schedule, when
considered in relation to the basic consolidated financial statements taken as a whole, presents fairly, in all material
respects, the information set forth therein.
We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board
(United States), the Company’s internal control over financial reporting as of January 1, 2012, based on the criteria
established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the
Treadway Commission, and our report dated February 29, 2012 expressed an unqualified opinion on the Company’s
internal control over financial reporting.
/s/ Deloitte & Touche LLP
Atlanta, Georgia
February 29, 2012
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