WEN » Topics » Properties

This excerpt taken from the WEN 8-K filed Jan 16, 2009.
Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations or under circumstances that constitute or constituted a violation of, or could reasonably be expected to give rise to liability under, any Environmental Law;
 
6.13.2               no Group Member has received or is aware of any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the business operated by any Group Member (the “
This excerpt taken from the WEN 10-K filed Mar 1, 2007.

Properties

The following is a summary of the components of properties (in thousands):

 

 

 

 

 

 

 

Year-End

 

2005

 

2006

Owned:

 

 

 

 

Land

 

 

$

 

73,993

   

 

$

 

73,346

 

Buildings and improvements

 

 

 

49,052

   

 

 

57,023

 

Office, restaurant and transportation equipment

 

 

 

176,893

   

 

 

208,471

 

Leasehold improvements

 

 

 

100,319

   

 

 

109,637

 

Leased (a):

 

 

 

 

Capitalized leases

 

 

 

35,246

   

 

 

47,994

 

Sale-leaseback assets

 

 

 

77,116

   

 

 

104,468

 

 

 

 

 

 

 

 

 

512,619

   

 

 

600,939

 

Less accumulated depreciation and amortization

 

 

 

68,762

   

 

 

112,455

 

 

 

 

 

 

 

 

$

 

443,857

   

 

$

 

488,484

 

 

 

 

 

 


 

 

(a)

 

 

 

These assets principally include buildings and improvements.

Properties with a net book value of $255,218,000 as of December 31, 2006 are pledged as collateral for certain debt (see Note 11).

107


Triarc Companies, Inc. and Subsidiaries
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—CONTINUED

December 31, 2006

This excerpt taken from the WEN 10-K filed Apr 3, 2006.

Properties

       The following is a summary of the components of properties (in thousands):

      Year-End

      2004

  2005

       

Owned:

               
       

Land

     $ 1,526        $ 73,993  
       

Buildings and improvements

       1,080          67,402  
       

Office, restaurant and transportation equipment

       96,273          176,893  
       

Leasehold improvements

       48,625          81,969  
       

Leased (a):

               
       

Capitalized leases

       1,550          35,246  
       

Sale-leaseback assets

                77,116  
          
        
 
       

       149,054          512,619  
       

Less accumulated depreciation and amortization

       45,620          68,762  
          
        
 
       

     $ 103,434        $ 443,857  
          
        
 
       

               


(a)   Leased assets capitalized principally include buildings and improvements.

       Properties with a net book value of $237,130,000 as of January 1, 2006 are pledged as collateral for certain debt (see Note 11).

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