Kroger 2012 Annual Report Download - page 92

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A-34
THE KROGER CO.
CO N S O L I D A T E D S T A T E M E N T S O F O P E R A T I O N S
Years Ended February 2, 2013, January 28, 2012 and January 29, 2011
(In millions, except per share amounts)
2012
(53 weeks)
2011
(52 weeks)
2010
(52 weeks)
Sales ........................................................ $96,751 $90,374 $82,049
Merchandise costs, including advertising, warehousing, and
transportation, excluding items shown separately below............ 76,858 71,494 63,803
Operating, general and administrative ............................. 14,849 15,345 13,823
Rent ........................................................ 628 619 623
Depreciation and amortization ................................... 1,652 1,638 1,600
Goodwill impairment charge .................................... — 18
Operating Profit ............................................. 2,764 1,278 2,182
Interest expense .............................................. 462 435 448
Earnings before income tax expense ............................. 2,302 843 1,734
Income tax expense............................................ 794 247 601
Net earnings including noncontrolling interests .................... 1,508 596 1,133
Net earnings (loss) attributable to noncontrolling interests............ 11 (6) 17
Net earnings attributable to The Kroger Co......................... $ 1,497 $ 602 $ 1,116
Net earnings attributable to The Kroger Co. per basic common share.... $ 2.78 $ 1.01 $ 1.75
Average number of common shares used in basic calculation .......... 533 590 635
Net earnings attributable to The Kroger Co. per diluted common share .. $ 2.77 $ 1.01 $ 1.74
Average number of common shares used in diluted calculation ........ 537 593 638
Dividends declared per common share............................. $ 0.53 $ 0.44 $ 0.40
The accompanying notes are an integral part of the consolidated financial statements.