Jollibee Foods Corporation Balance Sheet

Dec 31
2011
PHP

Dec 31
2010
Restated
PHP

8,977.3

6,655.3

6,655.3

8,977.3

6,655.3

6,655.3

1,754.5

2,085.7

2,085.7

671.1

64.8

64.8

1,784.0

2,912.9

2,912.9

Prepaid Expenses

509.9

648.2

648.2

Other Current Assets

240.2

892.0

892.0

TOTAL CURRENT ASSETS

13,936.9

13,258.9

13,258.9

NET PROPERTY PLANT AND EQUIPMENT

4,109.6

4,920.6

4,920.6

155.2

123.8

123.8

Goodwill

4,205.1

6,579.8

6,579.8

Other Intangibles

4,241.0

7,641.0

7,641.0

Other Long-Term Assets

2,165.4

5,352.8

5,352.8

TOTAL ASSETS

29,727.5

38,908.2

38,908.2

Accounts Payable

3,720.4

4,727.8

4,727.8

Accrued Expenses

4,508.9

4,827.4

4,827.4

Short-Term Borrowings

305.0

900.0

900.0

Current Portion Of Long-Term Debt/Capital

Lease

53.7

777.3

777.3

Other Current Liabilities

842.7

619.9

619.9

9,633.8

12,102.4

12,102.4

Long-Term Debt

2,438.0

3,942.7

3,942.7

Minority Interest

3.2

703.7

703.7

1,370.5

2,640.7

2,640.7

Currency in
Millions of Philippines Pesos

As of:

Dec 31
2009
Restated
PHP

Assets
Cash And Equivalents
TOTAL CASH AND SHORT TERM
INVESTMENTS
Accounts Receivable
Other Receivables
Inventory

Long-Term Investments

LIABILITIES & EQUITY

TOTAL CURRENT LIABILITIES

Other Liabilities, Total

TOTAL LIABILITIES

13,442.3

18,685.8

18,685.8

Common Stock

1,049.4

1,052.9

1,052.9

Additional Paid In Capital

2,635.7

2,914.5

2,914.5

Retained Earnings

13,347.9

16,374.4

16,374.4

Treasury Stock

-180.5

-180.5

-180.5

Comprehensive Income And Other

-570.5

-642.5

-642.5

TOTAL COMMON EQUITY

16,282.0

19,518.8

19,518.8

TOTAL EQUITY

16,285.2

20,222.5

20,222.5

29,727.5

38,908.2

38,908.2

TOTAL LIABILITIES AND EQUITY

Jollibee Foods Corporation Income Statement

Currency in
Millions of Philippines Pesos

As of:

Revenues
TOTAL REVENUES
Cost Of Goods Sold
GROSS PROFIT

Dec 31
2009
Restated
PHP
47,957.7
47,957.7

Dec 31
2010
Restated
PHP
53,371.7
53,371.7

Dec 31
2011
PHP
62,554.9
62,554.9

39,572.5

44,542.6

52,767.0

8,385.2

8,829.2

9,787.9

Selling General & Admin Expenses, Total

4,997.5

OTHER OPERATING EXPENSES, TOTAL

4,997.5

5,229.8

5,885.8

OPERATING INCOME

3,387.7

3,599.3

3,902.1

Interest Expense

-218.9

-193.2

-291.3

Interest And Investment Income

163.7

163.1

179.8

Other Non-Operating Expenses, Total

92.8

141.0

129.6

Other Non-Operating Income (Expenses)

46.4

106.1

192.9

Gain (Loss) On Sale Of Assets

34.5

106.0

--

Other Unusual Items, Total

195.3

369.7

437.5

4,185.9

4,357.7

EBT, INCLUDING UNUSUAL ITEMS

Income Tax Expense
Minority Interest In Earnings
Earnings From Continuing Operations
NET INCOME

3,655.2

5,229.8

5,885.8

988.3

973.4

1,103.9

-2.3

-14.7

-22.1

2,666.9

3,212.5

3,253.8

2,664.6

3,197.8

3,231.7

NET INCOME TO COMMON INCLUDING EXTRA ITEMS

2,664.6

3,197.8

3,231.7

NET INCOME TO COMMON EXCLUDING EXTRA ITEMS

2,664.6

3,197.8

3,231.7

Jollibee Foods Corporation Statement of Cash Flow