Valuation And Qualifying Accounts

12 Months Ended

Dec. 31, 2011

Valuation And Qualifying Accounts [Abstract]

Valuation And Qualifying Accounts

26. Valuation and qualifying accounts

     The following table presents the information required by Rule 12-09 of Regulation S-X in regards to valuation and qualifying accounts for each of the periods presented:

		Balance at			Additions –
		beginning			charged to									Balance at
Description		of period			expenses			Deductions			Translation			end of period
Year ended December 31, 2011:
Deducted from assets accounts:
Allowance for doubtful accounts	$	4,794		$	1,931		$	(52	)	$	(283	)	$	6,390
Valuation allowance on deferred
tax assets		220,182				-		(20,962	) (i)		24,555			223,775
Reported as liabilities:
Provision for contingencies		64,347			53,869			(48,607	) (ii)		(4,573	)		65,036
Total	$	289,323		$	55,800		$	(69,621	)	$	19,699		$	295,201
Year ended December 31, 2010:
Deducted from assets accounts:
Allowance for doubtful accounts	$	6,125	$		937	$		(2,636	)	$	368		$	4,794
Valuation allowance on deferred
tax assets		298,776			-			(91,416	) (i)		12,822			220,182
Reported as liabilities:
Provision for contingencies		86,931			67,074			(89,487	) (ii)		(171	)		64,347
Total	$	391,832	$		68,011	$		(183,539	)	$	13,019		$	289,323
Year ended December 31, 2009:
Deducted from assets accounts:
Allowance for doubtful accounts	$	4,787	$		1,487	$		(366	)	$	217		$	6,125
Valuation allowance on deferred
tax assets		317,842			-			(29,971	) (i)		10,905			298,776
Reported as liabilities:
Provision for contingencies		84,305			1,627			(3,450	) (ii)		4,449			86,931
Total	$	406,934	$		3,114	$		(33,787	)	$	15,571		$	391,832

(i) Charged to income.

(ii) Charged to the non-current asset recorded in respect of McDonald's Corporation's indemnity.