Burger King 2012 Annual Report Download - page 70
Download and view the complete annual report
Please find page 70 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
Revenues:
Company restaurant revenues $1,169.0 $1,638.7 $331.7 $514.5 $ 1,839.3
Franchise and property revenues 797.3 697.0 135.1 203.2 662.9
Total revenues 1,966.3 2,335.7 466.8 717.7 2,502.2
Company restaurant expenses:
Food, paper and product costs 382.2 524.7 102.8 162.6 585.0
Payroll and employee benefits 345.1 481.2 98.3 154.2 568.7
Occupancy and other operating costs 309.9 441.5 91.7 127.7 461.1
Total Company restaurant expenses 1,037.2 1,447.4 292.8 444.5 1,614.8
Franchise and property expenses 112.1 97.1 21.3 22.2 65.4
Selling, general and administrative expenses 346.0 417.4 247.2 153.1 489.8
Other operating (income) expenses, net 53.3 11.3 (8.7) (3.6) (0.7)
Total operating costs and expenses 1,548.6 1,973.2 552.6 616.2 2,169.3
Income (loss) from operations 417.7 362.5 (85.8) 101.5 332.9
Interest expense, net 223.8 226.7 58.1 14.6 48.6
Loss on early extinguishment of debt 34.2 21.1 — — —
Income (loss) before income taxes 159.7 114.7 (143.9) 86.9 284.3
Income tax expense (benefit) 42.0 26.6 (28.2) 15.8 97.5
Net income (loss) $117.7 $ 88.1 $(115.7) $ 71.1 $186.8
Earnings (loss) per share:
Basic $0.34 $ 0.25 $(0.33) $ 0.52 $1.38
Diluted $0.33 $ 0.25 $(0.33) $ 0.52 $ 1.36
Weighted average shares outstanding
Basic 349.7 348.2 347.9 136.1 135.4
Diluted 354.1 348.2 347.9 137.9 137.2
Dividends per common share $0.04 $1.13 $ — $0.06 $ 0.25
See accompanying notes to consolidated financial statements.
69
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.