Whole Foods 2011 Annual Report Download - page 37

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31
Report of Independent Registered Public Accounting Firm
To the Board of Directors and Shareholders of Whole Foods Market, Inc.
We have audited the accompanying consolidated balance sheets of Whole Foods Market, Inc. as of September 25, 2011 and
September 26, 2010, and the related consolidated statements of operations, shareholders’ equity and comprehensive income,
and cash flows for each of the three fiscal years in the period ended September 25, 2011. 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. 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, the financial statements referred to above present fairly, in all material respects, the consolidated financial
position of Whole Foods Market, Inc. at September 25, 2011 and September 26, 2010, and the consolidated results of its
operations and its cash flows for each of the three fiscal years in the period ended September 25, 2011, in conformity with
U.S. generally accepted accounting principles.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States),
Whole Foods Market, Inc.’ s internal control over financial reporting as of September 25, 2011, based on criteria established
in Internal Control - Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway
Commission and our report dated November 23, 2011 expressed an unqualified opinion thereon.
/s/ Ernst & Young LLP
Austin, Texas
November 23, 2011
Whole Foods Market, Inc.