Kroger 2013 Annual Report Download - page 106

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A-33
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 1, 2014, February 2, 2013 and January 28, 2012
(In millions, except per share amounts)
2013
(52 weeks)
2012
(53 weeks)
2011
(52 weeks)
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $98,375 $96,619 $90,269
Merchandise costs, including advertising, warehousing, and
transportation, excluding items shown separately below. . . . . . . . . . . . . 78,138 76,726 71,389
Operating, general and administrative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,196 14,849 15,345
Rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 613 628 619
Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,703 1,652 1,638
Operating Profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,725 2,764 1,278
Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 443 462 435
Earnings before income tax expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,282 2,302 843
Income tax expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 751 794 247
Net earnings including noncontrolling interests . . . . . . . . . . . . . . . . . . . . . 1,531 1,508 596
Net earnings (loss) attributable to noncontrolling interests. . . . . . . . . . . . . 12 11 (6)
Net earnings attributable to The Kroger Co.. . . . . . . . . . . . . . . . . . . . . . . . . $ 1,519 $ 1,497 $ 602
Net earnings attributable to The Kroger Co. per basic common share. . . . . $ 2.93 $ 2.78 $ 1.01
Average number of common shares used in basic calculation . . . . . . . . . . . 514 533 590
Net earnings attributable to The Kroger Co. per diluted common share . . . $ 2.90 $ 2.77 $ 1.01
Average number of common shares used in diluted calculation . . . . . . . . . 520 537 593
Dividends declared per common share. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0.63 $ 0.53 $ 0.44
The accompanying notes are an integral part of the consolidated financial statements.