Dollar General 2007 Annual Report Download - page 109

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107
PREDECESSOR For the year ended February 2, 2007
DOLLAR
GENERAL
CORPORATION
GUARANTOR
SUBSIDIARIES
OTHER
SUBSIDIARIES ELIMINATIONS
CONSOLIDATED
TOTAL
STATEMENTS OF
OPERATIONS:
Net sales $ 165,463 $ 9,169,822 $ 107,383 $ (272,846) $ 9,169,822
Cost of goods sold - 6,801,617 - - 6,801,617
Gross profit 165,463 2,368,205 107,383
(272,846) 2,368,205
Selling, general and administrative 149,272 2,154,371 89,132
(272,846) 2,119,929
Operating profit 16,191 213,834 18,251
- 248,276
Interest income (126,628) (33,521) (11,543)
164,690 (7,002)
Interest expense 60,856 138,749 -
(164,690) 34,915
Income before income taxes 81,963 108,606 29,794
- 220,363
Income taxes 36,513 36,568 9,339
- 82,420
Equity in subsidiaries’ earnings,
net of taxes 92,493 -
-
(92,493) -
Net income $ 137,943 $ 72,038 $ 20,455 $ (92,493) $ 137,943
PREDECESSOR For the year ended February 3, 2006
DOLLAR
GENERAL
CORPORATION
GUARANTOR
SUBSIDIARIES
OTHER
SUBSIDIARIES ELIMINATIONS
CONSOLIDATED
TOTAL
STATEMENTS OF
OPERATIONS:
Net sales $ 162,805 $ 8,582,237 $ 184,889 $ (347,694) $ 8,582,237
Cost of goods sold - 6,117,413 - - 6,117,413
Gross profit 162,805 2,464,824 184,889
(347,694) 2,464,824
Selling, general and administrative 139,879 1,936,514 174,258
(347,694) 1,902,957
Operating profit 22,926 528,310 10,631
- 561,867
Interest income (97,005) (65,428) (3,504)
156,936 (9,001)
Interest expense 85,536 97,626 -
(156,936) 26,226
Income before income taxes 34,395 496,112 14,135
- 544,642
Income taxes 17,824 172,892 3,771
- 194,487
Equity in subsidiaries’ earnings,
net of taxes 333,584 -
-
(333,584) -
Net income $ 350,155 $ 323,220 $ 10,364 $ (333,584) $ 350,155