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McDonald’s Corporation 2013 Annual Report | 9
ITEM 6. Selected Financial Data
6-Year Summary
Dollars in millions, except per share data 2013 2012 2011 2010 2009 2008
Company-operated sales $18,875 18,603 18,293 16,233 15,459 16,561
Franchised revenues $ 9,231 8,964 8,713 7,842 7,286 6,961
Total revenues $28,106 27,567 27,006 24,075 22,745 23,522
Operating income $ 8,764 8,605 8,530 7,473 6,841 (1) 6,443
Net income $ 5,586 5,465 5,503 4,946 4,551 (1,2) 4,313 (3)
Cash provided by operations $ 7,121 6,966 7,150 6,342 5,751 5,917
Cash used for investing activities $ 2,674 3,167 2,571 2,056 1,655 1,625
Capital expenditures $ 2,825 3,049 2,730 2,135 1,952 2,136
Cash used for financing activities $ 4,043 3,850 4,533 3,729 4,421 4,115
Treasury stock purchases(4) $ 1,810 2,605 3,373 2,648 2,854 3,981
Common stock cash dividends $ 3,115 2,897 2,610 2,408 2,235 1,823
Financial position at year end:
Total assets $36,626 35,386 32,990 31,975 30,225 28,462
Total debt $14,130 13,633 12,500 11,505 10,578 10,218
Total shareholders’ equity $16,010 15,294 14,390 14,634 14,034 13,383
Shares outstanding in millions 990 1,003 1,021 1,054 1,077 1,115
Per common share:
Earnings-diluted $ 5.55 5.36 5.27 4.58 4.11 (1,2) 3.76 (3)
Dividends declared $ 3.12 2.87 2.53 2.26 2.05 1.63
Market price at year end $ 97.03 88.21 100.33 76.76 62.44 62.19
Company-operated restaurants 6,738 6,598 6,435 6,399 6,262 6,502
Franchised restaurants 28,691 27,882 27,075 26,338 26,216 25,465
Total Systemwide restaurants 35,429 34,480 33,510 32,737 32,478 31,967
Franchised sales(5) $70,251 69,687 67,648 61,147 56,928 54,132
(1) Includes pretax income due to Impairment and other charges (credits), net of $61.1 million ($91.4 million after tax or $0.08 per share) primarily related to the
resolution of certain liabilities retained in connection with the 2007 Latin America developmental license transaction.
(2) Includes income of $58.8 million ($0.05 per share) for gain on sale of investment related to the sale of the Company’s minority ownership interest in Redbox
Automated Retail, LLC.
(3) Includes income of $109.0 million ($0.09 per share) for gain on sale of investment from the sale of the Company’s minority ownership interest in U.K.- based Pret A
Manger.
(4) Represents treasury stock purchases as reflected in Shareholders' equity.
(5) While franchised sales are not recorded as revenues by the Company, management believes they are important in understanding the Company's financial
performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the
franchisee base. Franchised restaurants represent more than 80% of McDonald's restaurants worldwide.