Pizza Hut 2012 Annual Report Download - page 2
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Financial Highlights
(In millions, except for per share amounts)
Year-end 2012 2011 % B/(W) change
Company sales $ 11,833 $ 10,893 9
Franchise and license fees and income 1,800 1,733 4
Total revenues $ 13,633 $ 12,626 8
Operating Profit $ 2,294 $ 1,815 26
Net Income – Yum! Brands, Inc. $ 1,597 $ 1,319 21
Diluted Earnings Per Common Share before Special Items (a) $ 3.25 $ 2.87 13
Special Items Earnings Per Common Share (a) $ 0.13 (0.13) NM
Reported Diluted Earnings Per Common Share $ 3.38 $ 2.74 23
Cash Flows Provided by Operating Activities $ 2,294 $ 2,170 6
(a) See our 2012 Form 10-K for further discussion of Special Items.
Contents
Dear Partners.....................................................................................1
Building Leading Brands in China ................................................ 3–4
Building Strong Brands Everywhere ...........................................5-6
Improving U.S. Brand Positions .......................................................7-8
Driving Long-Term Shareholder Value .............................................. 9
Company with a Huge Heart ............................................................ 10
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 first 12 pages of this report were printed using FSC-certified paper made with 50%
recycled content including 24% post-consumer waste.
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