Burger King Horizontal Analysis Income Statement For Year

2014 and 2013

2014
(amounts in millions)
Revenue
Company restaurant revenues
Franchise and property revenues
Total revenues
Operating expenses
Franchise and property expenses
Company restaurant expenses
Selling, general and administrative expenses
Other operating expenses (income), net
Total operating costs and expenses
Income from operations
Interest expense, net
Income before income taxes
Income tax expense
Net income

Amount
725.3
55.7
781
114.5
47.7
173.5
161.6
497.3
283.7
151.9
131.8
19.8
112

e Statement For Years Ended September 31,

and 2013
2013
Amount

Amount

Increase or Decrease
Percent

680.3
200.8
881.1

45
-145.1
-100.1

6.61%
-72.26%
-11.36%

113.5
177.6
187.8
21.1
500
381.1
149.3
231.8
64.9
166.9

1
-129.9
-14.3
140.5
-2.7
-97.4
2.6
-100
-45.1
-54.9

0.88%
-73.14%
-7.61%
665.88%
-0.54%
-25.56%
1.74%
-43.14%
-69.49%
-32.89%

Burger King Horizontal Analysis Of Comparative Balance Sheets For Ye

31, 2014 and 2013
(In amounts of millions)
Assets
Cash and cash equivalents
Trade and notes receivable, net
Prepaids and other current assets, net
Deferred income taxes, net
Total current assets
Property and equipment
Intangible assets, net
Goodwill
Net investment property leased to franchisee
Other assets, net
Total assets

2014
1013.7
167.6
101.5
79.8
1362.6
774.3
2693.1
612.9
145.1
215.1
5803.1

Liabilities
Accounts and drafts payable
Accrued advertising
Other accrued liabilities
Current portion of long term debt capital
Total current liabilities
Term debt, net of current portion
Capital leases, net of current portion
Other liabilities, net
Deferred income taxes, net
Total liabilities

34
59.5
411.4
100.2
605.1
2850.3
66.5
269.4
630.7
4422

Stockholder's Equity
Common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive inc.
Treasury stock
Total stockholders' equity
Total liabilities and stockholders' equity

3.5
1252.8
260.1
-128
-7.3
1381.1
5803.1

rative Balance Sheets For Years Ended September

014 and 2013
2013

Increase or Decrease
Amount
Percent

786.9
179.7
69.8
38
1074.4
801.5
2796
630
163.1
363.5
5828.5

226.8
-12.1
31.7
41.8
288.2
-27.2
-102.9
-17.1
-18
-148.4
-25.4

28.82%
-7%
45.42%
110.00%
26.82%
-3.39%
-3.68%
-2.71%
-11.04%
-40.83%
-0.44%

31.1
56.5
177
81.4
346
2880.2
75.4
317.9
692.8
4312.3

2.9
3
234.4
18.8
259.1
-29.9
-8.9
-48.5
-62.1
109.7

9.32%
5.31%
132.43%
23.10%
74.88%
-1.04%
-11.80%
-15.26%
-8.96%
2.54%

3.5
1239.9
225.5
54.6
-7.3
1516.2
5828.5

0
12.9
34.6
-182.6
0
-135.1
-25.4

0.00%
1.04%
15.34%
-334.43%
0.00%
-8.91%
-0.44%