Albertsons 2007 Annual Report Download - page 72

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SU
PERVAL
U
IN
C
. and
S
ubsidiaries
CO
N
SO
LIDATED
CO
MP
OS
ITI
O
N
O
F NET
S
ALE
S
AND
O
PERATIN
G
EARNIN
GS
(
In millions, exce
p
t
p
ercent data
)
F
ebruary
24
,
200
7
(
52 weeks)
F
ebruary
2
5,
2006
(
52 weeks)
F
ebruary
26
,
200
5
(
52 weeks)
N
et sales
R
etail food $28
,
016 $10
,
635 $10
,
54
9
74.
9
%
5
3.
5
%
5
4.0
%
Supp
l
yc
h
a
i
n serv
i
ces 9,390 9,229 8,99
4
25
.1% 4
6
.
5
%4
6
.
0%
T
otal net sales $37,406 $19,864 $19,543
100
.
0% 100
.
0% 100
.
0%
O
perat
i
ng earn
i
ngs
R
etail food $ 1,179 $ 269 $ 44
6
Suppl
y
chain services 257 214 235
G
enera
l
corporate expenses (131) (44) (48)
G
ain on sale of WinCo Foods
,
Inc. — — 109
R
estructure and other char
g
es (4) (2
6
)
T
otal operating earnings 1,305 435 716
I
nterest ex
p
ense, net
(55
8) (106) (11
5
)
E
arnings before income taxe
s
$
747
$
329
$
60
1
Ide
nt
ifiab
l
e asse
t
s
R
etail food
$
18,949
$
2,858
$
3,270
Supply chain services 2,697 2,614 2,55
0
Cor
p
orate
5
6 681 4
5
4
T
otal $21
,
702 $ 6
,
153 $ 6
,
27
4
Deprec
i
at
i
on and amort
i
zat
i
o
n
R
etail food
$
783
$
216
$
20
7
Supply chain services 96 94 95
C
or
p
orate —
11
T
otal
$
879
$
311
$
30
3
C
ap
i
tal expend
i
tures
R
etail food
$
823
$
248
$
219
Supply chain services 103 116 106
Cor
p
orate 1 1
1
T
otal
$
927
$
365
$
326
T
he Company’s business is classified by management into two reportable segments: Retail food and Suppl
y
c
h
a
i
n serv
i
ces. Reta
il f
oo
d
operat
i
ons
i
nc
l
u
d
e resu
l
ts o
f
com
bi
nat
i
on stores (
d
e
fi
ne
d
as
f
oo
d
an
dd
rug),
f
oo
d
stores, owned limited assortment food stores and sales to limited assortment food stores licensed b
y
the
C
ompany. Supply chain services operations include results of sales to affiliated food stores, mass merchants an
d
o
t
h
er customers an
dl
og
i
st
i
cs arrangements. Su
b
stant
i
a
ll
ya
ll
o
f
t
h
e Company’s operat
i
ons are
d
omest
i
c
.
Mana
g
ement utilizes more than one measurement and multiple views of data to assess se
g
ment performance an
d
to allocate resources to the segments. However, the dominant measurements are consistent with the consolidate
d
fi
nanc
i
a
l
statements.
See Notes to Consolidated Financial Statements
.
F-
6