Burger King 2012 Annual Report Download - page 15

Table of Contents
 Internationally, we and our franchisees are subject to national and local laws and regulations that often are similar to those affecting us
and our franchisees in the U.S., including laws and regulations concerning franchising, zoning, health, safety, sanitation, and building and fire code. We are
also subject to the regulations of the U.S. Citizenship and Immigration Services and U.S. Customs and Immigration Enforcement, and tariffs and regulations
on imported commodities and equipment and laws regulating foreign investment.
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We are subject to various federal, state and local environmental regulations. Various laws concerning the handling, storage and disposal of hazardous
materials and restaurant waste and the operation of restaurants in environmentally sensitive locations may impact aspects of our operations; however,
compliance with applicable environmental regulations is not believed to have a material effect on capital expenditures, financial condition, results of
operations, or our competitive position. Increased focus by U.S. and overseas governmental authorities on environmental matters is likely to lead to new
governmental initiatives, particularly in the area of climate change. To the extent that these initiatives caused an increase in our supplies or distribution costs,
they may impact our business both directly and indirectly. Furthermore, climate change may exacerbate adverse weather conditions which could adversely
impact our operations and/or increase the cost of our food and other supplies in ways which we cannot predict at this time.

Our business is moderately seasonal. Restaurant sales are typically higher in the spring and summer months when weather is warmer than in the fall
and winter months. Restaurant sales during the winter are typically highest in December, during the holiday shopping season. Our restaurant sales and
Company restaurant margins are typically lowest during the winter months, which include February, the shortest month of the year. Furthermore, adverse
weather conditions can have material adverse effects on restaurant sales. The timing of religious holidays may also impact restaurant sales. Because our
business is moderately seasonal, results for any one quarter are not necessarily indicative of the results that may be achieved for any other quarter or for the
full fiscal year.
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As of December 31, 2012, we had approximately 10,870 employees in our Company restaurants, restaurant support centers and field operations.
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The Company makes available free of charge on or through the Investor Relations section of its internet website at www.bk.com, all materials that we file
electronically with the Securities and Exchange Commission (“SEC”), including this report on Form 10-K, quarterly reports on Form 10-Q, current reports on
Form 8-K and amendments to those reports as soon as reasonably practicable after electronically filing or furnishing such material with the SEC. This
information is also available at www.sec.gov, an internet site maintained by the SEC that contains reports, proxy and information statements, and other
information regarding issuers that file electronically with the SEC. The material may also be read and copied by visiting the Public Reference Room of the SEC
at 100 F Street, NE, Washington, DC 20549. Information on the operation of the public reference room may be obtained by calling the SEC at 1-800-SEC-
0330. The references to our website address and the SEC’s website address do not constitute incorporation by reference of the information contained in these
websites and should not be considered part of this document.
A copy of our Corporate Governance Guidelines, Code of Business Conduct and Ethics, and the charters of the Audit Committee and Compensation
Committee of the Board of Directors are posted on the Investor Relations section of our website, www.bk.com.
Our principal executive offices are located at 5505 Blue Lagoon Drive, Miami, Florida 33126 (305-378-3000).
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Source: Burger King Worldwide, Inc., 10-K, February 22, 2013 Powered by Morningstar® Document Research℠
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