Yum! Financial Data
Consolidated Statements of Income
(in millions)
| Revenues | 2009 | 2008 | 2007 |
| Company sales | $9,413 | $ 9,843 | $ 9,100 |
| Franchise and license fees | 1,423 | 1,461 | 1,335 |
| Total Revenues | 10,836 | 11,304 | 10,435 |
| Costs and Expenses, net | |||
| Company Restaurants | |||
| Food and paper | 3,003 | 3,239 | 2,824 |
| Payroll and employee benefits | 2,154 | 2,370 | 2,305 |
| Occupancy and other operating expenses | 2,777 | 2,856 | 2,644 |
| Company restaurant expenses | 7,934 | 8,465 | 7,773 |
| General and administrative expenses | 1,221 | 1,342 | 1,293 |
| Franchise and license expenses | 118 | 99 | 59 |
| Closures and impairment (income) expenses | 103 | 43 | 35 |
| Refranchising (gain) loss | (26) | (5) | (11) |
| Other (income) expense | (104) | (157) | (71) |
| Total costs and expenses, net | 9,246 | 9,787 | 9,078 |
| Operating profit | 1,590 | 1,517 | 1,357 |
| Interest expense, net | 194 | 226 | 166 |
| Income before Income Taxes | 1,396 | 1,291 | 1,191 |
| Income tax provision | 313 | 319 | 282 |
| Net Income - including noncontrolling interest | 1,083 | 972 | 909 |
| Net Income - noncontrolling interest | 12 | 8 | – |
| Net income | 1,071 | $ 964 | $ 909 |
| Basic Earnings Per Common Share | 2.28 | $ 2.03 | $ 1.74 |
| Diluted Earnings Per Common Share | 2.22 | $ 1.96 | $ 1.68 |
| Dividends Declared Per Common Share | 0.80 | $ 0.72 | $ 0.45 |