Reformulated Income Statement - Starbucks Corporation

2007
Net sales
Company-operated retail
Specialty:
Licensing
Food service and other
Total specialty
Total net revenues
Cost of products sold
Gross margin
Store operating expenses
Other opearting expenses
Depreciation and amortization expenses
General and administrative

7,998,265.00

$
$
$
$
$
$
$
$
$
$

1,026,338.00
386,894.00
1,413,232.00
9,411,497.00
3,999,124.00
5,412,373.00
3,215,889.00
294,136.00
467,160.00
489,249.00

Operating income (from sales before tax)

945,939.00

383,726.00
7,104.00
8,032.90 $

382,797.10

563,141.90

20,919.00
8,032.90 $
$
$
$

12,886.10
108,006.00
120,892.10
684,034.00

Net Financing Expense

Interest expense
Interest income
Net interest expense
Tax at 38.4%
Net financial expense

$
$
$
$
$

38,200.00
19,700.00
18,500.00
7,104.00
11,396.00

Comprehensive income

672,638.00

Tax reported
Tax benefit of net interest
Tax on other OI

$
$
$

Operating income from sales (after tax)

Other operating income(after tax)
Other Income
tax
Income from equity investees
Operating income

$
$