Red Lobster 2014 Annual Report Download - page 24

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22 Darden Restaurants, Inc.
Report of Independent Registered Public Accounting Firm
Darden
The Board of Directors and Stockholders
Darden Restaurants, Inc.:
We have audited the accompanying consolidated balance sheets of Darden
Restaurants, Inc. and subsidiaries as of May 25, 2014 and May 26, 2013,
and the related consolidated statements of earnings, comprehensive income,
changes in stockholders’ equity, and cash flows for each of the years in
the three-year period ended May 25, 2014. These consolidated financial
statements are the responsibility of the Company’s management. Our
responsibility is to express an opinion on these consolidated 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 consolidated financial statements referred to
above present fairly, in all material respects, the financial position of Darden
Restaurants, Inc. and subsidiaries as of May 25, 2014 and May 26, 2013,
and the results of their operations and their cash flows for each of the years
in the three-year period ended May 25, 2014, 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), Darden Restaurants,
Inc.’s internal control over financial reporting as of May 25, 2014, based on
criteria established in Internal Control – Integrated Framework (1992) issued
by the Committee of Sponsoring Organizations of the Treadway Commission
(COSO), and our report dated July 18, 2014 expressed an unqualified opinion
on the effectiveness of Darden Restaurants, Inc.’s internal control over
financial reporting.
Orlando, Florida
July 18, 2014
Certified Public Accountants