Pizza Hut 2009 Annual Report Download - page 2
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Financial Highlights
(In millions, except for per share amounts)
Year-end 2009 2008 % B/(W) change
Company sales $ 9,413 $ 9,843 (4)
Franchise and license fees and income 1,423 1,461 (3)
Total revenues $ 10,836 $ 11,304 (4)
Operating profit $ 1,590 $ 1,517 5
Net income – Yum! Brands, Inc. $ 1,071 $ 964 11
Diluted earnings per common share $ 2.22 $ 1.96 13
Cash flows provided by operating activities $ 1,404 $ 1,521 (8)
Average US Sales per System Unit (a)
(In thousands)
Year-end 2009 2008 2007 2006 2005 5-year growth (b)
KFC $ 960 $ 967 $ 994 $ 977 $ 954 1%
Pizza Hut 786 854 825 794 810 –
Taco Bell 1,229 1,241 1,120 1,176 1,168 3%
(a) Excludes license units.
(b) Compounded annual growth rate.
Contents
Dear Partners ............................................................................1
Winning Big in China! ............................................................. 2–3
Building Strong Brands Everywhere ..................................... 4–5
Improving US Brand Positions ..................................................6–8
Driving Long-Term Shareholder Value.......................................... 9
Becoming the Defining Global Company .............................10-12
About the pAper used for this report
The inks used in the printing of this report contain an average of 25% - 35% vegetable oils from plant
derivatives, a renewable resource. They replace petroleum based inks as an effort to also reduce
volatile organic compounds (VOCs).
The cover and rst 12 pages of this report were printed using FSC-certied paper made with 50%
recycled content including 24% post-consumer waste.