Sunoco 2008 Annual Report Download - page 15

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The following table sets forth Sunoco’s retail gasoline outlets at December 31, 2008, 2007 and 2006:
2008 2007 2006
Direct Outlets:
Company-Owned or Leased:
Company Operated:
Traditional ............................................. 88 91 93
APlus®Convenience Stores ................................ 438 458 472
526 549 565
Dealer Operated:
Traditional ............................................. 202 230 243
APlus®Convenience Stores ................................ 227 230 234
Ultra Service Centers®.................................... 122 135 154
551 595 631
Total Company-Owned or Leased* .............................. 1,077 1,144 1,196
Dealer Owned** ............................................. 578 575 564
Total Direct Outlets ............................................ 1,655 1,719 1,760
Distributor Outlets ............................................. 3,065 2,965 2,931
4,720 4,684 4,691
*Gasoline and diesel throughput per Company-owned or leased outlet averaged 147, 150 and 144 thousand gallons per month
during 2008, 2007 and 2006, respectively.
**Primarily traditional outlets.
Retail Marketing has a portfolio of outlets that differ in various ways including: product distribution to the
outlets; site ownership and operation; and types of products and services provided.
Direct outlets may be operated by Sunoco or by an independent dealer, and are sites at which fuel products
are delivered directly to the site by Sunoco trucks or by contract carriers. The Company or an independent dealer
owns or leases the property. These sites may be traditional locations that sell almost exclusively fuel products
under the Sunoco®and Coastal®brands or may include APlus®convenience stores or Ultra Service Centers®
that provide automotive diagnostics and repair. Included among Retail Marketing’s outlets at December 31, 2008
were 53 outlets on turnpikes and expressways in Pennsylvania, New Jersey, New York, Maryland and Delaware.
Of these outlets, 37 were Company-operated sites providing gasoline, diesel fuel and convenience store
merchandise.
Distributor outlets are sites in which the distributor takes delivery of fuel products at a terminal where
branded products are available. Sunoco does not own, lease or operate these locations.
During the 2006-2008 period, Sunoco generated $133 million of divestment proceeds related to the sale of
181 sites under a Retail Portfolio Management (“RPM”) program to selectively reduce the Company’s invested
capital in Company-owned or leased sites. Most of the sites were converted to contract dealers or distributors
thereby retaining most of the gasoline sales volume attributable to the divested sites within the Sunoco branded
business. In early 2009, Sunoco announced the addition of approximately 150 sites to the RPM program. There
are currently approximately 200 sites in the program, of which approximately 110 are Company-operated
locations. These sites are expected to be divested or converted to contract dealers or distributors primarily over
the next two years, generating an estimated $180 million of divestment proceeds.
Branded fuels sales (including middle distillates) averaged 325.1 thousand barrels per day in 2008 compared
to 341.6 thousand barrels per day in 2007 and 346.1 thousand barrels per day in 2006.
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