Pizza Hut 2007 Annual Report Download - page 2

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Financial Highlights
(In millions, except for per share amounts) % B/(W)
Year-end 2007 2006 change
Company sales $ 9,100 $ 8,365 9
Franchise and license fees 1,316 1,196 10
Total revenues $10,416 $ 9,561 9
Operating profit $ 1,357 $ 1,262 8
Net income $ 909 $ 824 10
Diluted earnings per common share $ 1.68 $ 1.46 15
Cash flows provided by operating activities $ 1,567 $ 1,299 21
AVERAGE U.S. SALES PER SYSTEM UNIT(a)
(In thousands)
Year-end 2007 2006 2005 2004 2003 5-year growth(b)
KFC $ 994 $ 977 $ 954 $ 896 $ 898 2%
Pizza Hut 825 794 810 794 748 2%
Taco Bell 1,120 1,176 1,168 1,069 1,005 3%
(a) Excludes license units.
(b) Compounded annual growth rate.
Contents
Dear Partners ...................................................1–8
Winning Big in China! .....................................10–13
Winning Big Around the Globe! ......................14–17
Going for Breakthrough in the U.S...................18–21
Taco Bell ........................................................ 22–23
KFC ............................................................... 24–25
Pizza Hut ........................................................ 26–27
Long John Silver’s and
A&W All American Food ......................................... 28
Winning Big With Customer Maniacs! ................... 29
CHAMPS.................................................... 30–31
Biggest Movement to End World Hunger ........ 32–33
Winning Big With Great Results! .................... 34–36
Financials ........................................................37–88