Dollar Tree 2009 Annual Report Download - page 29

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Report of Independent Registered Public Accounting Firm
The Board of Directors and Shareholders
Dollar Tree, Inc.:
We฀have฀audited฀the฀accompanying฀consolidated฀balance฀sheets฀of฀Dollar฀Tree,฀Inc.฀and฀subsidiaries฀(the฀Company)฀
as฀of฀January฀30,฀2010฀and฀January฀31,฀2009,฀and฀the฀related฀consolidated฀statements฀of฀operations,฀shareholders’฀
equity฀and฀comprehensive฀income,฀and฀cash฀ows฀for฀each฀of฀the฀scal฀years฀in฀the฀three฀year฀period฀ended฀
January฀30,฀2010.฀These฀consolidated฀nancial฀statements฀are฀the฀responsibility฀of฀the฀Company’s฀management.฀
Our฀responsibility฀is฀to฀express฀an฀opinion฀on฀these฀consolidated฀nancial฀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฀nancial฀statements฀are฀free฀of฀material฀misstatement.฀An฀audit฀includes฀examining,฀on฀a฀test฀basis,฀
evidence฀supporting฀the฀amounts฀and฀disclosures฀in฀the฀nancial฀statements.฀An฀audit฀also฀includes฀assessing฀the฀
accounting฀principles฀used฀and฀signicant฀estimates฀made฀by฀management,฀as฀well฀as฀evaluating฀the฀overall฀nancial฀
statement฀presentation.฀We฀believe฀that฀our฀audits฀provide฀a฀reasonable฀basis฀for฀our฀opinion.
In฀our฀opinion,฀the฀consolidated฀nancial฀statements฀referred฀to฀above฀present฀fairly,฀in฀all฀material฀respects,฀the฀
nancial฀position฀of฀the฀Company฀as฀of฀January฀30,฀2010฀and฀January฀31,฀2009,฀and฀the฀results฀of฀their฀operations฀
and฀their฀cash฀ows฀for฀each฀of฀the฀years฀in฀the฀three฀year฀period฀ended฀January฀30,฀2010,฀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),฀Dollar฀Tree,฀Inc.’s฀internal฀control฀over฀nancial฀reporting฀as฀of฀January฀30,฀2010,฀based฀on฀criteria฀
established in Internal Control – Integrated Framework฀issued฀by฀the฀Committee฀of฀Sponsoring฀Organizations฀of฀the฀
Treadway฀Commission฀(COSO),฀and฀our฀report฀dated฀March฀19,฀2010฀expressed฀an฀unqualied฀opinion฀on฀the฀
effectiveness฀of฀the฀Company’s฀internal฀control฀over฀nancial฀reporting.
Norfolk, Virginia
March฀19,฀2010
฀฀฀DOLLAR฀TREE,฀INC.฀•฀2009฀Annual฀Report฀฀฀27