McDonalds 2014 Annual Report Download - page 17

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McDonald’s Corporation 2014 Annual Report 11
ITEM 6. Selected Financial Data
6-Year Summary
Dollars in millions, except per share data 2014 2013 2012 2011 2010 2009
Company-operated sales $18,169 18,875 18,603 18,293 16,233 15,459
Franchised revenues $ 9,272 9,231 8,964 8,713 7,842 7,286
Total revenues $27,441 28,106 27,567 27,006 24,075 22,745
Operating income $ 7,949 8,764 8,605 8,530 7,473 6,841
Net income $ 4,758 5,586 5,465 5,503 4,946 4,551
Cash provided by operations $ 6,730 7,121 6,966 7,150 6,342 5,751
Cash used for investing activities $ 2,305 2,674 3,167 2,571 2,056 1,655
Capital expenditures $ 2,583 2,825 3,049 2,730 2,135 1,952
Cash used for financing activities $ 4,618 4,043 3,850 4,533 3,729 4,421
Treasury stock purchases(1) $ 3,175 1,810 2,605 3,373 2,648 2,854
Common stock cash dividends $ 3,216 3,115 2,897 2,610 2,408 2,235
Financial position at year end:
Total assets $34,281 36,626 35,386 32,990 31,975 30,225
Total debt $14,990 14,130 13,633 12,500 11,505 10,578
Total shareholders’ equity $12,853 16,010 15,294 14,390 14,634 14,034
Shares outstanding in millions 963 990 1,003 1,021 1,054 1,077
Per common share:
Earnings-diluted $ 4.82 5.55 5.36 5.27 4.58 4.11
Dividends declared $ 3.28 3.12 2.87 2.53 2.26 2.05
Market price at year end $ 93.70 97.03 88.21 100.33 76.76 62.44
Company-operated restaurants 6,714 6,738 6,598 6,435 6,399 6,262
Franchised restaurants 29,544 28,691 27,882 27,075 26,338 26,216
Total Systemwide restaurants 36,258 35,429 34,480 33,510 32,737 32,478
Franchised sales(2) $69,617 70,251 69,687 67,648 61,147 56,928
(1) Represents treasury stock purchases as reflected in Shareholders' equity.
(2) 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.