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WEN » Topics » Non-recurring Transactions

This excerpt taken from the WEN 8-K filed Aug 26, 2005.

Non-recurring Transactions

      The accompanying pro forma condensed consolidated statements of operations do not reflect the Refinancing Write-off of $49,831,000 before tax benefit, or $29,899,000 after tax benefit, or the settlement loss from unfavorable franchise agreements of $17,024,000, with a tax benefit which has not yet been determined, resulting from the RTM Acquisition and Debt Refinancing, as they are non-recurring in nature and the inclusion of such charges would not be representative of the Company's expected future results of continuing operations. These amounts will be recorded in the results of operations of the Company in its quarter ending October 2, 2005.

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