Snapple 2009 Annual Report Download - page 77

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Directors and Stockholders of
Dr Pepper Snapple Group, Inc
We have audited the accompanying consolidated balance sheets of Dr Pepper Snapple Group, Inc. and
subsidiaries (the “Company”) as of December 31, 2009 and 2008, and the related consolidated statements of
operations, stockholders’ equity and other comprehensive income (loss), and cash flows for each of the three years
in the period ended December 31, 2009. 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 Dr Pepper Snapple Group, Inc. and subsidiaries at December 31, 2009 and 2008, and the results of their
operations and their cash flows for each of the three years in the period ended December 31, 2009, in conformity
with accounting principles generally accepted in the United States of America.
As discussed in the notes, the consolidated financial statements of the Company include allocation of certain
general corporate overhead costs through May 7, 2008, from Cadbury Schweppes plc. These costs may not be
reflective of the actual level of costs which would have been incurred had the Company operated as a separate entity
apart from Cadbury Schweppes plc.
As discussed in the notes to the consolidated financial statements, the Company changed its method of
accounting for uncertainties in income taxes as of January 1, 2007.
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 31, 2009, based the criteria
established in Internal Control — Integrated Framework issued by the Committee of Sponsoring Organizations of
the Treadway Commission and our report dated February 26, 2010 expressed an unqualified opinion on the
Company’s internal control over financial reporting.
/s/ Deloitte & Touche LLP
Dallas, Texas
February 26, 2010
57