| Fiscal Years |
|
2009 |
|
2008 |
|
2007 |
|
2006 |
|
2005 |
|
| SALES |
|
$1,494,196 |
|
$1,348,015 |
|
$1,248,574 |
|
$1,072,405 |
|
$960,250 |
| Franchise Revenues |
|
|
|
|
|
|
|
|
|
|
| Rents & Royalties |
|
$657,909 |
|
$601,870 |
|
$553,441 |
|
$503,375 |
|
$449,791 |
| Franchise Fees |
|
$90,033 |
|
$93,808 |
|
$93,835 |
|
$83,769 |
|
$71,986 |
| Total Revenues |
|
$2,242,138 |
|
$2,043,693 |
|
$1,895,850 |
|
$1,659,549 |
|
$1,482,027 |
|
| Cost of Sales |
|
$1,318,576 |
|
$1,180,998 |
|
$1,099,248 |
|
$941,947 |
|
$834,165 |
| Operating Expenses |
|
$238,791 |
|
$216,605 |
|
$201,153 |
|
$182,332 |
|
$165,257 |
| Franchise fee costs |
|
$86,903 |
|
$87,486 |
|
$87,077 |
|
$76,658 |
|
$69,212 |
| General and administrative costs |
|
$141,739 |
|
$130,846 |
|
$119,416 |
|
$113,530 |
|
$108,962 |
| Equity (income) |
|
$(35,963) |
|
$(37,282) |
|
$(38,460) |
|
$(35,236) |
|
$(31,758) |
| Goodwill and Asset Impairment |
|
- |
|
$21,266 |
|
- |
|
- |
|
$53,101 |
| Other expense (income), net |
|
$(3,319) |
|
$(2,564) |
|
$2,307 |
|
$1,102 |
|
$(6,959) |
| Total Costs and Expenses, net |
|
$1,746,727 |
|
$1,597,355 |
|
$1,470,741 |
|
$1,280,333 |
|
$1,191,980 |
| Operating Income |
|
$495,411 |
|
$446,338 |
|
$425,109 |
|
$379,216 |
|
$290,047 |
| Interest (expense) |
|
$(21,220) |
|
$(24,558) |
|
$(24,118) |
|
$(22,253) |
|
$(4,046) |
| Interest income |
|
$1,950 |
|
$4,926 |
|
$7,411 |
|
$11,671 |
|
$3,985 |
| Affiliated interest (expense), net |
|
- |
|
- |
|
- |
|
$(7,876) |
|
$(14,456) |
| Income Before Income Taxes |
|
$476,141 |
|
$426,706 |
|
$408,402 |
|
$360,758 |
|
$275,530 |
| Income Taxes |
|
$178,263 |
|
$139,812 |
|
$138,851 |
|
$101,162 |
|
$84,439 |
| Net Income |
|
$297,878 |
|
$286,894 |
|
$269,551 |
|
$259,596 |
|
$191,091 |
| Net Income Attributable to Noncontrolling Interests |
|
$1,511 |
|
$2,216 |
|
- |
|
- |
|
- |
| Net Income Attributable to Tim Hortons Inc |
|
$296,367 |
|
$284,678 |
|
- |
|
- |
|
- |
| Diluted Earnings per Share |
|
$1.64 |
|
$1.55 |
|
$1.43 |
|
$1.40 |
|
$1.19 |
| Weighted average number of shares |
|
180,609 |
|
183,492 |
|
188,759 |
|
185,401 |
|
159,953 |
|
