Burger King 2013 Annual Report Download - page 48
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Table of Contents
Company:
Company restaurant revenues $ 2.3 $49.1 $69.8 $ (46.8) $ (20.7)
CRM (0.2) 1.1 1.1 (1.3) —
CRM % (8.6)% 2.3% 1.6% (10.9)% 0.7%
Franchise:
Franchise and property revenues $56.2 $48.9 $ 43.1 $ 7.3 $ 5.8
Franchise and property expenses 2.2 2.6 2.4 0.4 (0.2)
Segment SG&A (1) 6.9 12.0 22.7 5.1 10.7
Segment depreciation and amortization (2) 2.4 5.7 7.6 3.3 1.9
Segment income 49.3 41.1 26.7 8.2 14.4
(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 regional restaurant support centers within Segment SG&A of $0.1 million in 2013 and 2012
and $0.2 million in 2011.
Favorable/(Unfavorable)
Segment revenues $ (1.7) $ (0.2) $ 8.2
Segment CRM — (0.1) 0.1
Segment income (1.7) (0.2) 3.1
System-wide sales growth 10.9% 3.2% 13.2%
Franchise sales $1,507.0 $1,371.6 $1,285.1
System comparable sales growth 4.1% (0.5)% (0.4)%
System NRG 221 102 75
Net Refranchisings 3 60 —
Restaurant counts at period end
Company — 3 67
Franchise 1,231 1,007 841
System 1,231 1,010 908
46
Source: Burger King Worldwide, Inc., 10-K, February 21, 2014 Powered by Morningstar® Document Research℠
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