Cash America 2007 Annual Report Download - page 48

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28
The following tables set forth certain selected consolidated financial and non-financial data as of December
31, 2007, 2006 and 2005, and for each of the three years then ended ($ in thousands unless noted otherwise)
related to the Company’s continuing operations.
Year Ended December 31,
2007 2006 2005
PAWN LENDING OPERATIONS:
Pawn loans
Annualized yield on pawn loans ........................................................ 125.5% 123.6% 124.8%
Total amount of pawn loans written and renewed ............................. $ 514,799 $ 474,046 $ 438,955
Average pawn loan balance outstanding............................................ $ 128,259 $ 120,930 $ 112,301
Average pawn loan balance per average location in operation .......... $ 267 $ 262 $ 251
Ending pawn loan balance per location in operation ......................... $ 283 $ 268 $ 253
Average pawn loan amount at end of year (not in thousands) ........... $ 116 $ 107 $ 95
Profit margin on disposition of merchandise as a percentage of
proceeds from disposition of merchandise ....................................
37.8%
38.7%
38.8%
Average annualized merchandise turnover ........................................ 2.7x 2.7x 2.7x
Average balance of merchandise held for disposition per average
location in operation......................................................................
$ 189
$ 165
$ 151
Ending balance of merchandise held for disposition per location
in operation....................................................................................
$ 202
$ 183
$ 159
Pawnshop locations in operation –
Beginning of year, owned............................................................. 475 456 441
Acquired.................................................................................... 5 19 9
Start-ups .................................................................................... 6 2 7
Combined or closed ...................................................................... (1) (2) (1)
End of year, owned ....................................................................... 485 475 456
Franchise locations at end of year................................................. 14 12 8
Total pawnshop locations at end of year....................................... 499 487 464
Average number of owned pawnshop locations in operation ............ 480 462 447
Cash advances (b)
Pawn locations offering cash advances at end of year ....................... 431 423 441
Average number of pawn locations offering cash advances .............. 426 423 430
Amount of cash advances written at pawn locations:
Funded by the Company ............................................................... $ 65,022 $ 66,952 $ 64,184
Funded by third-party lenders (a) (d) ................................................ 188,705 207,732 211,191
Aggregate amount of cash advances written at pawn locations (a) (f) .. $ 253,727 $ 274,684 $ 275,375
Number of cash advances written at pawn locations (not in
thousands):
By the Company ........................................................................... 213,273 213,467 223,639
By third-party lenders (a) (d)............................................................ 409,576 480,649 574,442
Aggregate number of cash advances written at pawn locations (a) (f) .. 622,849 694,116 798,081
Cash advance customer balances due at pawn locations (gross):
Owned by Company (c).................................................................. $ 8,627 $ 8,448 $ 9,657
Owned by third-party lenders (a) (d) ................................................ 9,198 11,202 9,697
Aggregate cash advance customer balances due at pawn locations
(gross) (a) (f).....................................................................................
$ 17,825
$ 19,650
$ 19,354