Starbucks 2012 Annual Report Download - page 28

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22
Item 6. Selected Financial Data
The following selected financial data are derived from the consolidated financial statements. The data below
should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of
Operations,” “Risk Factors,” and the consolidated financial statements and notes.
Financial Information (in millions, except per share data):
As of and for the Fiscal Year Ended(1)
Sep 30,
2012
(52 Wks)
Oct 2,
2011
(52 Wks)
Oct 3,
2010
(53 Wks)
Sep 27,
2009
(52 Wks)
Sep 28,
2008
(52 Wks)
Results of Operations
Net revenues:
Company-operated stores $ 10,534.5 $ 9,632.4 $ 8,963.5 $ 8,180.1 $ 8,771.9
Licensed stores(2) 1,210.3 1,007.5 875.2 795.0 779.0
CPG, foodservice and other(2) 1,554.7 1,060.5 868.7 799.5 832.1
Total net revenues $ 13,299.5 $ 11,700.4 $ 10,707.4 $ 9,774.6 $ 10,383.0
Operating income(3) $ 1,997.4 $ 1,728.5 $ 1,419.4 $ 562.0 $ 503.9
Net earnings including noncontrolling interests 1,384.7 1,248.0 948.3 391.5 311.7
Net earnings (loss) attributable to noncontrolling
interests 0.9 2.3 2.7 0.7 (3.8)
Net earnings attributable to Starbucks 1,383.8 1,245.7 945.6 390.8 315.5
EPS — diluted 1.79 1.62 1.24 0.52 0.43
Cash dividends declared per share 0.72 0.56 0.36
—
—
Net cash provided by operating activities 1,750.3 1,612.4 1,704.9 1,389.0 1,258.7
Capital expenditures (additions to property, plant
and equipment) 856.2 531.9 440.7 445.6 984.5
Balance Sheet
Total assets $ 8,219.2 $ 7,360.4 $ 6,385.9 $ 5,576.8 $ 5,672.6
Short-term borrowings
—
—
—
—
713.0
Long-term debt (including current portion) 549.6 549.5 549.4 549.5 550.3
Shareholders’ equity 5,109.0 4,384.9 3,674.7 3,045.7 2,490.9
(1) Our fiscal year ends on the Sunday closest to September 30. The fiscal year ended on October 3, 2010
included 53 weeks with the 53rd week falling in our fourth fiscal quarter.
(2) Includes the revenue reclassification described in Note 1. For fiscal years 2010, 2009, and 2008, we
reclassified $465.7 million, $427.3 million, and $392.6 million, respectively, from the previously named
“Licensing” revenue to “CPG, foodservice and other” revenue.
(3) Fiscal 2010, 2009, and 2008 results include pretax restructuring charges of $53.0 million, $332.4 million,
and $266.9 million, respectively.