Burger King 2013 Annual Report Download - page 46
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Table of Contents
Company:
Company restaurant revenues $ 13.9 $62.5 $66.2 $ (48.6) $ (3.7)
CRM 2.0 9.9 12.5 (7.9) (2.6)
CRM % 14.4% 15.8% 18.9% (1.5)% (3.0)%
Franchise:
Franchise and property revenues $72.9 $ 71.9 $61.9 $ 1.0 $ 10.0
Franchise and property expenses 0.4 — (1.1) (0.4) (1.1)
Segment SG&A (1) 7.5 14.6 18.3 7.1 3.7
Segment depreciation and amortization (2) 0.7 6.0 6.7 5.3 0.7
Segment income 67.7 73.2 63.9 (5.5) 9.3
(1) Segment SG&A consists of segment selling expenses, Management G&A and regional restaurant support center depreciation and amortization.
(2) Amounts include depreciation and amortization related to our regional restaurant support center within Segment SG&A of
$ 0 in 2013 and $0.2 million in 2012 and 2011.
Favorable/(Unfavorable)
Segment revenues $ (6.3) $ (8.3) $ 0.4
Segment CRM 0.1 (0.6) 0.2
Segment income (6.5) (4.7) (0.8)
System-wide sales growth 14.6% 17.0% 13.5%
Franchise sales $1,420.3 $1,334.1 $1,208.7
System comparable sales growth 0.1% 5.7% 7.9%
System NRG 160 168 82
Net Refranchisings 98 — —
Restaurant counts at period end
Company — 100 97
Franchise 1,550 1,290 1,125
System 1,550 1,390 1,222
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Source: Burger King Worldwide, Inc., 10-K, February 21, 2014 Powered by Morningstar® Document Research℠
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