Office Depot 2010 Annual Report Download - page 32

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Directors and Stockholders of Office Depot, Inc.:
We have audited the accompanying consolidated balance sheets of Office Depot, Inc. and subsidiaries (the
“Company”) as of December 25, 2010 and December 26, 2009, and the related consolidated statements of
operations, comprehensive loss, stockholders’ equity, and cash flows for each of the three fiscal years in the
period ended December 25, 2010. 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, such consolidated financial statements present fairly, in all material respects, the financial
position of Office Depot, Inc. and subsidiaries at December 25, 2010 and December 26, 2009, and the results of
their operations and their cash flows for each of the three fiscal years in the period ended December 25, 2010, in
conformity with accounting principles generally accepted in the United States of America.
As discussed in Note B to the consolidated financial statements, the 2010 consolidated financial statements have
been restated.
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 December 25, 2010, 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 22, 2011 (April 6, 2011 as to the
effects of the material weakness identified in our report) expressed an adverse opinion on the Company’s internal
control over financial reporting because of a material weakness.
/s/ DELOITTE & TOUCHE LLP
Certified Public Accountants
Boca Raton, Florida
February 22, 2011 (April 6, 2011 as to the effects of the restatement discussed in Note B)
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