Burger King 2012 Annual Report Download - page 136
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Table of Contents
Revenues:
Company restaurant revenues $1,153.1 $ — $686.2 $ — $ 1,839.3
Franchise and property revenues 443.6 — 219.3 — 662.9
Intercompany revenues 6.0 — 6.6 (12.6) —
Total revenues 1,602.7 — 912.1 (12.6) 2,502.2
Company restaurant expenses:
Food, paper and product costs 373.6 — 211.4 — 585.0
Payroll and employee benefits 356.3 — 212.4 — 568.7
Occupancy and other operating costs 265.4 — 195.7 — 461.1
Total Company restaurant expenses 995.3 — 619.5 — 1,614.8
Franchise and property expenses 38.6 — 26.8 — 65.4
Selling, general and administrative expenses 297.7 — 192.1 — 489.8
Intercompany expenses 6.6 — 6.0 (12.6) —
Other operating expenses, net (0.5) — (0.2) — (0.7)
Total operating costs and expenses 1,337.7 — 844.2 (12.6) 2,169.3
Income (loss) from operations 265.0 — 67.9 — 332.9
Interest expense, net 36.6 — 12.0 — 48.6
Loss on early extinguishment of debt — — — — —
Income (loss) before income taxes 228.4 — 55.9 — 284.3
Income tax expense (benefit) 85.4 — 12.1 — 97.5
Income (loss) from continuing operations 143.0 — 43.8 — 186.8
Equity in earnings of subsidiaries 43.8 186.8 — (230.6) —
Net income (loss) $186.8 $186.8 $43.8 $(230.6) $186.8
Total comprehensive income (loss) $165.8 $165.8 $39.4 $(205.2) $165.8
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Source: Burger King Worldwide, Inc., 10-K, February 22, 2013 Powered by Morningstar® Document Research℠
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