Burger King 2012 Annual Report Download - page 132
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Table of Contents
Revenues:
Company restaurant revenues $ — $ — $662.5 $ — $506.5 $ — $1,169.0
Franchise and property revenues — — 524.3 — 273.0 — 797.3
Intercompany revenues — — 6.8 — (6.8) — —
Total revenues — — 1,193.6 — 772.7 — 1,966.3
Company restaurant expenses:
Food, paper and product costs — — 218.1 — 164.1 — 382.2
Payroll and employee benefits — — 198.3 — 146.8 — 345.1
Occupancy and other operating costs — — 168.2 — 141.7 — 309.9
Total Company restaurant expenses — — 584.6 — 452.6 — 1,037.2
Franchise and property expenses — — 73.3 — 38.8 — 112.1
Selling, general and administrative expenses 14.0 — 218.0 — 114.0 — 346.0
Intercompany expenses — — 5.5 — (5.5) — —
Other operating expenses (income), net — — 54.0 — (0.7) — 53.3
Total operating costs and expenses 14.0 — 935.4 — 599.2 — 1,548.6
Income (loss) from operations (14.0) — 258.2 — 173.5 — 417.7
Interest expense, net — 44.0 170.9 — 8.9 — 223.8
Loss on early extinguishment of debt — 9.7 24.5 — — — 34.2
Income (loss) before income taxes (14.0) (53.7) 62.8 — 164.6 — 159.7
Income tax expense (benefit) (2.2) (20.0) 42.9 — 21.3 — 42.0
Income (loss) from continuing operations (11.8) (33.7) 19.9 — 143.3 — 117.7
Equity in earnings of subsidiaries 129.5 163.2 143.3 163.2 — (599.2) —
Net income (loss) $117.7 $129.5 $ 163.2 $ 163.2 $143.3 $(599.2) $117.7
Total comprehensive income (loss) $120.7 $ 132.5 $166.2 $166.2 $158.2 $(623.1) $120.7
131
Source: Burger King Worldwide, Inc., 10-K, February 22, 2013 Powered by Morningstar® Document Research℠
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