Burger King 2012 Annual Report Download - page 134
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Revenues:
Company restaurant revenues $ — $ — $208.2 $ — $ 123.5 $ — $331.7
Franchise and property revenues — — 87.7 — 47.4 — 135.1
Intercompany revenues — — 1.3 — — (1.3) —
Total revenues — — 297.2 — 170.9 (1.3) 466.8
Company restaurant expenses:
Food, paper and product costs — — 63.9 — 38.9 — 102.8
Payroll and employee benefits — — 63.1 — 35.2 — 98.3
Occupancy and other operating costs — — 52.7 — 39.0 — 91.7
Total Company restaurant expenses — — 179.7 — 113.1 — 292.8
Franchise and property expenses — — 13.4 — 7.9 — 21.3
Selling, general and administrative expenses 17.2 — 171.9 0.9 57.2 — 247.2
Intercompany expenses — — — — 1.3 (1.3) —
Other operating expenses, net — — (9.6) — 0.9 — (8.7)
Total operating costs and expenses 17.2 — 355.4 0.9 180.4 (1.3) 552.6
Income (loss) from operations (17.2) — (58.2) (0.9) (9.5) — (85.8)
Interest expense, net — — 55.8 — 2.3 — 58.1
Loss on early extinguishment of debt — — — — — — —
Income (loss) before income taxes (17.2) — (114.0) (0.9) (11.8) — (143.9)
Income tax expense (benefit) (3.1) — (38.4) — 13.3 — (28.2)
Income (loss) from continuing operations (14.1) — (75.6) (0.9) (25.1) — (115.7)
Equity in earnings of subsidiaries (101.6) (101.6) (25.1) (100.7) — 329.0 —
Net income (loss) $(115.7) $(101.6) $(100.7) $(101.6) $ (25.1) $329.0 $(115.7)
Total comprehensive income (loss) $(133.5) $(119.4) $(118.5) $(119.4) $(73.6) $430.9 $(133.5)
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Source: Burger King Worldwide, Inc., 10-K, February 22, 2013 Powered by Morningstar® Document Research℠
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