Wendy's 2008 Annual Report Download - page 90

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Stockholders and Board of Directors of
WENDY’S/ARBY’S GROUP, INC.
Atlanta, Georgia
We have audited the accompanying consolidated balance sheets of Wendy’s/Arby’s Group, Inc. (formerly Triarc
Companies, Inc.) and subsidiaries (the “Company”) as of December 28, 2008 and December 30, 2007, and the
related consolidated statements of operations, stockholders’ equity, and cash flows for each of the three years in
the period ended December 28, 2008. 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 the Company as of December 28, 2008 and December 30, 2007, and the results of its operations
and its cash flows for each of the three years in the period ended December 28, 2008, in conformity with
accounting principles generally accepted in the United States of America.
As discussed in Notes 1, 14 and 15 to the consolidated financial statements, effective December 31, 2006, the
Company elected application of Staff Accounting Bulletin No. 108, Considering the Effects of Prior Year
Misstatements when Quantifying Misstatements in Current Year Financial Statements and, effective January 1, 2007,
the Company adopted FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes—an interpretation
of FASB Statement No. 109, Accounting for Income Taxes and FASB Staff Position No. AUG-AIR-1, Accounting for
Planned Major Maintenance Activities.
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 28, 2008, 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 March 13, 2009 expressed an unqualified
opinion on the Company’s internal control over financial reporting.
/s/ DELOITTE & TOUCHE LLP
Atlanta, Georgia
March 13, 2009
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