Burger King 2012 Annual Report Download - page 47
Download and view the complete annual report
Please find page 47 of the 2012 Burger King annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37 -
38 -
39 -
40 -
41 -
42 -
43 -
44 -
45 -
46 -
47 -
48 -
49 -
50 -
51 -
52 -
53 -
54 -
55 -
56 -
57 -
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
 |
 |
Table of Contents
Company:
Company restaurant revenues $792.9 $ 1,172.0 $237.0 $ 362.1 $632.5 (32.3)% (4.8)%
CRM 90.1 142.2 31.4 50.7 78.0 (36.6)% (11.2)%
CRM % 11.4% 12.1% 13.2% 14.0% 12.3% (0.8)% (1.0)%
Company restaurant expenses as a % of
Company restaurant revenues:
Food and paper 33.0% 32.3% 30.9% 32.2% 32.7% (0.7)% (0.1)%
Payroll and benefits 30.5% 30.4% 30.7% 30.9% 31.2% (0.1)% 0.6%
Depreciation and amortization 5.5% 5.7% 5.3% 4.7% 5.3% 0.2% (0.6)%
Other occupancy and operating 19.6% 19.5% 19.9% 18.1% 18.5% (0.1)% (0.9)%
Franchise:
Franchise and property revenues $ 468.2 $ 397.1 $78.5 $ 121.1 $ 201.5 17.9% (1.0)%
Franchise and property expenses 79.8 69.9 14.6 13.5 22.3 (14.2)% (38.7)%
Segment SG&A 76.3 95.7 34.9 33.5 91.4 20.3% 40.1%
Segment depreciation and amortization 68.8 86.2 16.8 20.2 53.9 20.2% 5.2%
Segment income 471.0 459.9 77.2 145.0 219.7 2.4% 4.1%
Segment margin 37.3% 29.3% 24.5% 30.0% 26.3% 8.0% 2.2%
Favorable/(Unfavorable)
Segment revenues $ (1.6) $ 6.4 $1.3 $2.3 $10.2
Segment CRM (0.2) 0.6 0.1 0.2 0.8
Segment income 0.3 (1.3) — 0.2 0.6
System-wide sales growth 3.0% (3.3)% (3.7)%
Franchise sales $8,143.9 $7,510.5 $7,727.2
Comparable sales growth
Company 3.7% (1.9)% (3.8)%
Franchise 3.4% (3.6)% (4.5)%
System 3.5% (3.4)% (4.4)%
NRG
Company (4) (7) (1)
Franchise (20) (43) 6
System (24) (50) 5
Net Refranchisings 752 38 44
Restaurant counts at period end
Company 183 939 984
Franchise 7,293 6,561 6,566
System 7,476 7,500 7,550
46
Source: Burger King Worldwide, Inc., 10-K, February 22, 2013 Powered by Morningstar® Document Research℠
The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this
information, except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results.