Starbucks 2009 Annual Report Download - page 84

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The table below presents information by operating segment for the fiscal years noted (in millions):
United States International CPG Unallocated
Corporate Total
Fiscal 2009:
Net Revenues:
Company-operated retail . . . . . . . . . . . . . . . . . . . $6,572.1 $1,608.0 $ — $ — $ 8,180.1
Specialty:
Licensing . . . . . . . . . . . . . . . . . . . . . . . . . . . . 528.9 266.2 427.2 — 1,222.3
Foodservice and other . . . . . . . . . . . . . . . . . . . 3.6 46.2 322.4 — 372.2
Total specialty . . . . . . . . . . . . . . . . . . . . . . . 532.5 312.4 749.6 — 1,594.5
Total net revenues . . . . . . . . . . . . . . . . . . . . . . . . . 7,104.6 1,920.4 749.6 — 9,774.6
Depreciation and amortization . . . . . . . . . . . . . . . . . 378.1 102.5 5.7 48.4 534.7
Income from equity investees . . . . . . . . . . . . . . . . . 0.5 53.6 67.8 — 121.9
Operating income/(loss) . . . . . . . . . . . . . . . . . . . . . 531.8 92.9 296.3 (359.0) 562.0
Equity method investments . . . . . . . . . . . . . . . . . . . — 248.8 64.4 — 313.2
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,650.0 1,071.3 102.1 2,753.4 5,576.8
Net impairment and disposition losses . . . . . . . . . . . 120.8 45.9 — 57.7 224.4
Fiscal 2008:
Net Revenues:
Company-operated retail . . . . . . . . . . . . . . . . . . . $6,997.7 $1,774.2 $ — $ — $ 8,771.9
Specialty:
Licensing . . . . . . . . . . . . . . . . . . . . . . . . . . . . 504.2 274.8 392.6 — 1,171.6
Foodservice and other . . . . . . . . . . . . . . . . . . . 30.1 54.4 355.0 — 439.5
Total specialty . . . . . . . . . . . . . . . . . . . . . . . 534.3 329.2 747.6 — 1,611.1
Total net revenues . . . . . . . . . . . . . . . . . . . . . . . . . 7,532.0 2,103.4 747.6 — 10,383.0
Depreciation and amortization . . . . . . . . . . . . . . . . . 395.4 108.8 6.3 38.8 549.3
Income (loss) from equity investees . . . . . . . . . . . . . (1.3) 54.2 60.7 — 113.6
Operating income/(loss) . . . . . . . . . . . . . . . . . . . . . 454.2 110.0 279.2 (339.5) 503.9
Equity method investments . . . . . . . . . . . . . . . . . . . (0.5) 223.6 44.8 — 267.9
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,966.3 1,066.0 85.6 2,554.7 5,672.6
Net impairment and disposition losses . . . . . . . . . . . 275.1 19.0 — 30.9 325.0
Fiscal 2007:
Net Revenues:
Company-operated retail . . . . . . . . . . . . . . . . . . . $6,560.9 $1,437.4 $ — $ — $ 7,998.3
Specialty:
Licensing . . . . . . . . . . . . . . . . . . . . . . . . . . . . 439.1 220.9 366.3 — 1,026.3
Foodservice and other . . . . . . . . . . . . . . . . . . . 22.9 37.9 326.1 — 386.9
Total specialty . . . . . . . . . . . . . . . . . . . . . . . 462.0 258.8 692.4 — 1,413.2
Total net revenues . . . . . . . . . . . . . . . . . . . . . . . . . 7,022.9 1,696.2 692.4 — 9,411.5
Depreciation and amortization . . . . . . . . . . . . . . . . . 341.7 84.2 6.6 34.7 467.2
Income from equity investees . . . . . . . . . . . . . . . . . 0.8 45.7 61.5 — 108.0
Operating income/(loss) . . . . . . . . . . . . . . . . . . . . . 1,005.2 137.7 248.9 (337.9) 1,053.9
Equity method investments . . . . . . . . . . . . . . . . . . . 0.8 196.9 36.8 — 234.5
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,078.7 948.7 90.0 2,226.5 5,343.9
Net impairment and disposition losses . . . . . . . . . . . 9.3 15.1 — 1.6 26.0
The table below reconciles the total of the reportable segments’ operating income to the Company’s consolidated
earnings before income taxes (in millions):
Fiscal Year Ended Sep 27, 2009 Sep 28, 2008 Sep 30, 2007
Operating income....................................... $562.0 $503.9 $1,053.9
Interest income and other, net.............................. 36.3 9.0 40.4
Interest expense ........................................ (39.1) (53.4) (38.0)
Earnings before income taxes .............................. $559.2 $459.5 $1,056.3
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