13.07.2015 Views

Tim Jerzyk Vice President Investor Relations - Yum!

Tim Jerzyk Vice President Investor Relations - Yum!

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<strong>Yum</strong>! Brands, Inc.Segment Results(amounts in millions)Year to Date Ended 6/17/06UnitedStatesInternationalDivisionChinaDivisionCorporate andUnallocated ConsolidatedTotal revenues $ 2,669 $ 958 $ 640 $ — $ 4,267Company restaurant expenses 2,002 648 496 — 3,146General and administrative expenses 251 122 41 104 518Franchise and license expenses 11 6 — — 17Closures and impairment expenses 15 7 2 — 24Refranchising (gain) loss — — — (11) (11)Other (income) expense 8 (8) (14) (2) (16)2,287 775 525 91 3,678Operating profit (loss) $ 382 $ 183 $ 115 $ (91) $ 589Year to Date Ended 6/11/05UnitedStatesInternationalDivisionChinaDivisionCorporate andUnallocated ConsolidatedTotal revenues $ 2,720 $ 976 $ 511 $ — $ 4,207Company restaurant expenses 2,103 678 406 — 3,187General and administrative expenses 244 129 35 112 520Franchise and license expenses 9 3 — — 12Closures and impairment expenses 22 2 2 — 26Refranchising (gain) loss — — — (11) (11)Other (income) expense — (14) (9) (16) (39)2,378 798 434 85 3,695Operating profit (loss) $ 342 $ 178 $ 77 $ (85) $ 512The above table reconciles segment information, which is based on management responsibility, with our Consolidated Summary of Results.Corporate and unallocated expenses comprise general and administrative expenses, refranchising (gains) and losses and other (income)expense that are not allocated to segments for performance reporting purposes.Please note that the results for both fiscal years to date presented include the negative impact of expensing stock options and stock appreciationrights.See accompanying notes12

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