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McDonald's Corporation Annual Report

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Statement of Cash Flows<br />

•Cash flows from operations were over two times the net income<br />

in 2007, whereas in 2008 cash flows were only slightly larger.<br />

•McDonald’s corporation is continuing to grow through<br />

investments in property and equipment, and treasury stock<br />

purchases. McDonald’s also saw proceeds on sale of investments<br />

in 2008.<br />

•McDonald’s primary source of financing comes from Treasury<br />

stock purchases.<br />

•Overall cash increased over the past two years.

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