Safeway 2009 Annual Report Download - page 38

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SAFEWAY INC. AND SUBSIDIARIES
Item 6. Selected Financial Data
(Dollars in millions, except
per-share amounts)
52 Weeks
2009
53 Weeks
2008
52 Weeks
2007
52 Weeks
2006
52 Weeks
2005
Results of Operations
Sales and other revenue $ 40,850.7 $ 44,104.0 $ 42,286.0 $ 40,185.0 $ 38,416.0
Gross profit 11,693.5 12,514.8 12,152.9 11,581.0 11,112.9
Operating and administrative expense (10,348.0) (10,662.1) (10,380.8) (9,981.2) (9,898.2)
Goodwill impairment charge (1,974.2) ––––
Operating (loss) profit (628.7) 1,852.7 1,772.1 1,599.8 1,214.7
Interest expense (331.7) (358.7) (388.9) (396.1) (402.6)
Other income, net 7.1 10.6 20.4 36.3 36.9
(Loss) income before income taxes (953.3) 1,504.6 1,403.6 1,240.0 849.0
Income taxes (144.2) (539.3) (515.2) (369.4) (287.9)
Net (loss) income $ (1,097.5) $ 965.3 $ 888.4 $ 870.6 $ 561.1
Basic (loss) earnings per share $ (2.66) $ 2.23 $ 2.02 $ 1.96 $ 1.25
Diluted (loss) earnings per share $ (2.66) $ 2.21 $ 1.99 $ 1.94 $ 1.25
Weighted average shares
outstanding (in millions):
Basic 412.9 433.8 440.3 444.9 447.9
Diluted 412.9 436.3 445.7 447.8 449.8
Cash dividends declared
per common share (1) $ 0.3828 $ 0.3174 $ 0.2645 $ 0.2225 $ 0.15
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