Kroger 2013 Annual Report Download - page 149

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A-76
NO T E S T O C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S , CO N C L U D E D
Quarter
2012
First
(16 Weeks)
Second
(12 Weeks)
Third
(12 Weeks)
Fourth
(13 Weeks)
Total Year
(53 Weeks)
Sales .......................................... $29,026 $21,697 $21,776 $24,120 $96,619
Merchandise costs, including advertising,
warehousing, and transportation,
excluding items shown separately below .......... 23,056 17,249 17,352 19,069 76,726
Operating, general, and administrative............... 4,464 3,391 3,305 3,689 14,849
Rent .......................................... 191 139 141 157 628
Depreciation and amortization ..................... 501 383 382 386 1,652
Operating profit .............................. 814 535 596 819 2,764
Interest expense ................................ 141 106 103 112 462
Earnings before income tax expense .............. 673 429 493 707 2,302
Income tax expense.............................. 232 148 175 239 794
Net earnings including noncontrolling interests ....... 441 281 318 468 1,508
Net earnings attributable to noncontrolling interests.... 2 2 1 6 11
Net earnings attributable to The Kroger Co............ $ 439 $ 279 $ 317 $ 462 $ 1,497
Net earnings attributable to The Kroger Co.
per basic common share ....................... $ 0.78 $ 0.52 $ 0.61 $ 0.89 $ 2.78
Average number of shares used in basic calculation..... 556 538 518 514 533
Net earnings attributable to The Kroger Co.
per diluted common share ...................... $ 0.78 $ 0.51 $ 0.60 $ 0.88 $ 2.77
Average number of shares used in diluted calculation ... 559 541 522 518 537
Dividends declared per common share............... $ 0.115 $ 0.115 $ 0.150 $ 0.150 $ 0.530
Annual amounts may not sum due to rounding.
Certain revenue transactions previously reported in sales and merchandise costs in the Consolidated
Statements of Operations are now reported net within sales. Prior quarter amounts have been revised or
reclassified to conform to the current year presentation. These amounts were not material to the prior periods.