Pizza Hut 2008 Annual Report Download - page 154
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32
YRI Company
Unconsolidated
Affiliates Franchisees
Total Excluding
Licensees(a)
Balance at end of 2006 1,762 561 9,387 11,710
New Builds 54 18 780 852
Acquisitions
1 6 (7)
—
Refranchising
(109) (6)115
—
Closures (66) (11)(314)(391)
Other
—
—
22
Balance at end of 2007 1,642 568 9,963 12,173
New Builds 55
—
869 924
Acquisitions
4
—
(4)
—
Refranchising
(71) (1)72
—
Closures (41)
—
(310) (351)
Other(b)
—
(567)567
—
Balance at end of 2008 1,589
—
11,157 12,746
% of Total 12%
—
88% 100%
China Division Company
Unconsolidated
Affiliates Franchisees
Total Excluding
Licensees(a)
Balance at end of 2006 1,762 645 224 2,631
New Builds 364 114 28 506
Acquisitions
—
—
—
—
Refranchising
(7)
—
7
—
Closures (32) (13)(6)(51)
Other
—
—
—
—
Balance at end of 2007 2,087 746 253 3,086
New Builds 447 89 35 571
Acquisitions
7
—
(7)
—
Refranchising
(4)
—
4
—
Closures (54) (8)(13) (75)
Other(c) 182 (182)
—
—
Balance at end of 2008 2,665 645 272 3,582
% of Total 74% 18% 8% 100%
(a) The Worldwide, U.S. and YRI totals exclude 2,168, 1,994 and 174 licensed units, respectively, at December 27,
2008. There are no licensed units in the China Division. Licensed units are generally units that offer limited
menus and operate in non-traditional locations like malls, airports, gasoline service stations, convenience stores,
stadiums and amusement parks where a full scale traditional outlet would not be practical or efficient. As
licensed units have lower average unit sales volumes than our traditional units and our current strategy does not
place a significant emphasis on expanding our licensed units, we do not believe that providing further detail of
licensed unit activity provides significant or meaningful information.
Form 10-K