Wendy's 2011 Annual Report Download - page 75

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Member of
Wendy’s Restaurants, LLC
Dublin, Ohio
We have audited the accompanying consolidated balance sheets of Wendy’s Restaurants, LLC and subsidiaries
(a wholly owned subsidiary of The Wendy’s Company) (the “Company”) as of January 1, 2012 and January 2, 2011,
and the related consolidated statements of operations, invested equity, and cash flows for each of the three years in the
period ended January 1, 2012. 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. The Company is not required to have, nor
were we engaged to perform, an audit of its 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 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.
/s/ Deloitte & Touche LLP
Atlanta, Georgia
February 29, 2012
71