A.

Best Buy Co., Inc.

Consolidated Balance Sheet
($ in million,except per share amounts)

February 25,
March 3, 2007
Assets 2006
Current Assets
Cash and cash equivalents $ 1,205 $ 748
Short-term investments 2,588 3,041
Receivables 548 449
Merchandise inventories 4,028 3,338
Other current assets 712 409
Total Current Assets 9,081 7,985

Property and Equipment

Land and buildings 705 580
Leasehold improvements 1,540 1,325
Fixtures and equipment 2,627 2,898
Property under capital lease 32 33
4,904 4,836
Less accumulated depreciation 1,966 2,124
Net property and equipment 2,938 2,712
Goodwill 915 557
Tradenames 81 44
Long-term investments 318 218
Other assets 233 348
Total Assets $ 13,570 $ 11,864

Liabilities and Shareholders' Equity

Current Liabilities
Accounts payable $ 3,934 $ 3,234
Unredeemed gift card liabilities 496 469
Accrued compensation and related expenses 332 354
Accrued liabilities 990 878
Accrued income taxes 485 703
Short-term debt 41
Current portion of long-term debt 15 418
Total Current Liabilities 6,301 6,056
Long-term liabilities 443 373
Long-term debt 590
Minority interest 35

Shareholders' equity
 Common stock 48 49
Additional paid-in capital 430 643
Retained earnings 5,507 4,304
Accumulated other comprehensive income 216 261
Total Shareholders' Equity 6,201 5,257
Total Liabilities and Shareholders' Equity $ 13,570 $ 11,846

C.
 B.
Best Buy Co., Inc.
Vertical Common-Size Balance Sheet

In Percentage
February 25,
March 3, 2007
Assets 2006
Current Assets
Cash and cash equivalents 8.9 6.3
Short-term investments 19.1 25.6
Receivables 4.0 3.8
Merchandise inventories 29.7 28.1
Other current assets 5.2 3.4
Total Current Assets 66.9 67.3

Property and Equipment

Land and buildings 5.2 4.9
Leasehold improvements 11.3 11.2
Fixtures and equipment 19.4 24.4
Property under capital lease 0.2 0.3
36.1 40.8
Less accumulated depreciation 14.5 17.9
Net property and equipment 21.7 22.9
Goodwill 6.7 4.7
Tradenames 0.6 0.4
Long-term investments 2.3 1.8
Other assets 1.7 2.9
Total Assets 100.0 100.0

Liabilities and Shareholders' Equity

Current Liabilities
Accounts payable 29.0 27.3
Unredeemed gift card liabilities 3.7 4.0
Accrued compensation and related expenses 2.4 3.0
Accrued liabilities 7.3 7.4
Accrued income taxes 3.6 5.9
Short-term debt 0.3
Current portion of long-term debt 0.1 3.5
Total Current Liabilities 46.4 51.1
Long-term liabilities 3.3 3.1
Long-term debt 4.3
Minority interest 0.3

Shareholders' equity Vertical Common-Size

Assets:
Material decrease in total current assets. This was decreased in short-term
investments.
Material increase in goodwill.
 Vertical Common-Size
Common stock 0.4 0.4
Additional paid-in capitalAssets: 3.2 5.4
Material decrease in total current assets. This was decreased in short-term
Retained earnings investments. 40.6 36.3
Material increase
Accumulated other comprehensive Income in goodwill. 1.6 2.2
Total Shareholders' EquityMaterial decrease in equity and other
45.7investments.
44.4
Total Liabilities and Shareholders' Equity 100.0 100.0
Liabilities:
Material increase in short-term debt.
Material increase in long-term debt.
Material decrease in accumulated other comprehensive income.
 Best Buy Co., Inc.
Horizontal Common-Size Balance Sheet

In Percentage
February 25,
March 3, 2007
Assets 2006
Current Assets
Cash and cash equivalents 161.1 100.0
Short-term investments 85.1 100.0
Receivables 122.0 100.0
Merchandise inventories 120.7 100.0
Other current assets 174.1 100.0
Total Current Assets 113.7 100.0

Property and Equipment 100.0

Land and buildings 121.6 100.0
Leasehold improvements 116.2 100.0
Fixtures and equipment 90.6 100.0
Property under capital lease 97.0 100.0
101.4 100.0
Less accumulated depreciation 92.6 100.0
Net property and equipment 108.3 100.0
Goodwill 164.3 100.0
Tradenames 184.1 100.0
Long-term investments 145.9 100.0
Other assets 67.0 100.0
Total Assets 114.4 100.0

Liabilities and Shareholders' equity

Current Liabilities
Accounts payable 121.6 100.0
Unredeemed gift card liabilities 105.8 100.0
Accrued compensation and related expenses 93.8 100.0
Accrued liabilities 112.8 100.0
Accrued income taxes 69.0 100.0
Short-term debt N/A
Current portion of long-term debt 3.6 100.0
Total Current Liabilities 104.0 100.0
Long-term liabilities 118.8 100.0
Long-term debt N/A
Minority interest N/A

Shareholders' equity Horizontal Common-Size

Assets:
d in short-term Material increase in total current assets. This was caused by
receivables.
Material increase in property and equipment. This was cause
 Horizontal Common-Size
Common stock 98.0 100.0
Additional paid-in capital
Assets: 66.9 100.0
d in short-term Material increase in total current assets. This was caused by
Retained earnings 128.0
receivables. 100.0
Accumulated other comprehensive Income Material increase
82.8 in property
100.0 and equipment. This was cause
Total Shareholders' Equity land and118.0
buildings and100.0
leasehold improvements.
Material increase in goodwill.
Total Liabilities and Shareholders' Equity 114.6 100.0
Material increase in tradenames.
Material increase in total assets.

ve income. Liabilities and stockholders' equity:

Material increase in total current liabilites. This was caused b
accrued liabilities and decrease in accrued compensation an
and current portion of long-term debt.
Material increase in long-term liabilities.
Material decrease in paid-in capital.
 Best Buy Co., Inc.
Consolidated Statements of Earnings
($ in millions, except per share amounts)

February 25, February 26,

March 3, 2007
Fiscal Years Ended 2006 2005
Revenue $ 35,934 $ 30,848 $ 27,433
Cost of goods sold 27,165 23,122 20,938
Gross profit 8,769 7,726 6,495
Selling, general and administrative expenses 6,770 6,082 5,053
Operating income 1,999 1,644 1,442
Net interest income 111 77 1
Gain on investments 20
Earnings from continuing operations before
income tax expense 2,130 1,721 1,443
Income tax expense 752 581 509
Minority interests in earnings 1
Earnings from continuing operations 1,377 1,140 934
Gain on disposal of discontinued (Nov.2), net of
tax 50
Net earnings $ 1,377 $ 1,140 $ 984
Basic earnings per share:
Continuing operations $ 2.86 $ 2.33 $ 1.91
Gain on disposal of discontinued operations 0.10
Basic earnings per share $ 2.86 $ 2.33 $ 2.01
Diluted earnings per share:
Continuing operations $ 2.79 $ 2.27 $ 1.86
Gain on disposal of discontinued operations 0.10
Diluted earnings per share $ 2.79 $ 2.27 $ 1.96
Basic weighted-average common shares
outstanding (in millions) 482.1 490.3 488.9
Diluted weighted-average common shares
outstanding (in millions) 496.2 504.8 505.0
A.
Best Buy Co., Inc.
Consolidated Statements of Earnings
Vertical Common-Size

February 25,
March 3, 2007
Fiscal Years Ended 2006
Revenue 100.0 100.0
Cost of goods sold 75.6 75.0
Gross profit 24.4 25.0
Selling, general and administrative expenses 18.8 19.7
Operating income 5.6 5.3
Net interest income 0.3 0.2
Gain on investments 0.1 N/A
Earnings from continuing operations before
income tax expense 5.9 5.6
Income tax expense 2.1 1.9
Minority interests in earnings 0.0 N/A
Earnings from continuing operations 3.8 3.7
Gain on disposal of discontinued (Nov.2), net of
tax N/A N/A
Net earnings 3.8 3.7

C. Vertical Common-Size

Operating income increase materially. This was caused by the increase selling, general
and administrative expenses.
Earnings before income tax expense, minority interests and equity in income (loss) of
affiliates.
Net earnings declined materially.
 B.
Best Buy Co., Inc.
Consolidated Statements of Earnings
Vertical Common-Size

February 26,
March 3, 2007
2005 Fiscal Years Ended
100.0 Revenue 131.0
76.3 Cost of goods sold 129.7
23.7 Gross profit 135.0
18.4 Selling, general and administrative expenses 134.0
5.3 Operating income 138.6
0.0 Net interest income 11100.0
N/A Gain on investments N/A
Earnings from continuing operations before
5.3 income tax expense 147.6
1.9 Income tax expense 147.7
N/A Minority interests in earnings N/A
3.4 Earnings from continuing operations 147.4
Gain on disposal of discontinued (Nov.2), net of
0.2 tax N/A
3.6 Net earnings 139.9

Horizontal Common-Size

ease selling, general
in income (loss) of
Operating income decrease moderately. although gross profit increased materially. T
was caused by a material increase in selling, and administrative expenses.
Earnings before income tax expense, minority interests and equity in income (loss) o
affiliates decreased materiality.
Net earnings declined materially.
 Inc.
ts of Earnings
n-Size

February 25, February 26,

2006 2005
112.4 100.0
110.4 100.0
119.0 100.0
120.4 100.0
114.0 100.0
7700.0 100.0

119.3 100.0
114.1 100.0

122.1 100.0

N/A 100.0
115.9 100.0

oss profit increased materially. This

ministrative expenses.
sts and equity in income (loss) of
 BALANCE SHEETS
Kelly Securities, Inc. and Subsidiaries

2006 2005
(In thousands of dollars)
ASSETS
Current Assets
Cash and equivalents $ 118,428 $ 63,699
Trade accounts receivables, less allowances 838,246 803,812
Prepaid expenses and other current assets 45,316 47,588
Deferred taxes 29,543 33,805
Total Current Assets 1,031,533 948,904

Property and Equipment

Land and buildings 61,410 58,461
Equipment, furniture, and leasehold improvements 311,244 297,980
Accumulated depreciation - 202,366 - 190,684
Net property and equipment 170,288 165,757
Noncurrent deferred taxes 35,437 22,088
Goodwill, net 96,504 88,217
Other assets 135,662 87,891
Total Assets $ 1,469,424 $ 1,312,857

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
Short-term borrowings $ 68,928 $ 56,644
Accounts payable 132,819 110,411
Accrued payroll and related taxes 274,284 263,112
Accrued insurance 24,191 34,097
Income and other taxes 68,055 56,651
Total Current Liablities 568,277 520,915

Noncurrent Liabilities
Accrued insurance 57,277 54,517
Accrued retirement benefits 71,990 57,443
Other long-term liabilities 13,323 7,939
Total noncurrent liabilites 142,590 119,899

Stockholders' Equity
Capital stock
Class A common stock 36,633 36,620
Class B common stock 3,483 3,496
Treasury stock
Class A common stock - 78,241 - 90,319
Class B common stock - 600 - 600
Paid-in capital 32,048 27,015
Earnings invested in the business 735,104 688,033
Accumulated other comprehensive income 30,130 7,798
 Total stockholders' equity 758,557 672,043
Total Liabilities and Stockholders' Equity $ 1,469,424 $ 1,312,857
A.
Kelly Securities, Inc. and Subsidiaries
Balance Sheets
December 31, 2006 and December 31, 2005
Vertical Common-Size Analysis

2006 2005

ASSETS
Current Assets
Cash and equivalents 8.1 4.9
Trade accounts receivables, less allowances 57.0 61.2
Prepaid expenses and other current assets 3.1 3.6
Deferred taxes 2.0 2.6
Total Current Assets 70.2 72.3

Property and Equipment

Land and buildings 4.2 4.5
Equipment, furniture, and leasehold improvements 21.2 22.7
Accumulated depreciation -13.8 -14.5
Net property and equipment 11.6 12.6
Noncurrent deferred taxes 2.4 1.7
Goodwill, net 6.6 6.7
Other assets 9.2 6.7
Total Assets 100.0 100.0

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
Short-term borrowings 4.7 4.3
Accounts payable 9.0 8.4
Accrued payroll and related taxes 18.7 20.0
Accrued insurance 1.6 2.6
Income and other taxes 4.6 4.3
Total Current Liablities 38.7 39.7

Noncurrent Liabilities
Accrued insurance 3.9 4.2
Accrued retirement benefits 4.9 4.4
Other long-term liabilities 0.9 0.6
Total noncurrent liabilites 9.7 9.1

Stockholders' Equity
Capital stock
Class A common stock 2.5 2.8
Class B common stock 0.2 0.3
Treasury stock
Class A common stock -5.3 -6.9
Class B common stock 0.0 0.0
Paid-in capital 2.2 2.1
Earnings invested in the business 50.0 52.4
Accumulated other comprehensive income 2.1 0.6
 Total stockholders' equity 51.6 51.2
Total Liabilities and Stockholders' Equity 100.0 100.0

C. Vertical Common-Size Analysis

Assets:
Total current assets were up moderately. Most of this increase was cash and
equivalents.

Liabilities and Stockholders' Equity

Total current liabilites were down moderately. Within this area, accrued
payroll and related taxes, and accrued insurance were down materially.
Total stockholders' equity was up materially. Within this area, paid-in
capital and accumulated other comprehensive income was up
materially, while earnings invested in the business were down
materially.
B.
Kelly Securities, Inc. and Subsidiaries
Balance Sheets
December 31, 2006 and December 31, 2005
Horizontal Common-Size Analysis

2006 2005

ASSETS
Current Assets
Cash and equivalents 185.9 100.0
Trade accounts receivables, less allowances 104.3 100.0
Prepaid expenses and other current assets 95.2 100.0
Deferred taxes 87.4 100.0
Total Current Assets 108.7 100.0
100.0
Property and Equipment 100.0
Land and buildings 105.0 100.0
Equipment, furniture, and leasehold improvements 104.5 100.0
Accumulated depreciation 106.1 100.0
Net property and equipment 102.7 100.0
Noncurrent deferred taxes 160.4 100.0
Goodwill, net 109.4 100.0
Other assets 154.4 100.0
Total Assets 111.9 100.0

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
Short-term borrowings 121.7 100.0
Accounts payable 120.3 100.0
Accrued payroll and related taxes 104.2 100.0
Accrued insurance 70.9 100.0
Income and other taxes 120.1 100.0
Total Current Liablities 109.1 100.0

Noncurrent Liabilities
Accrued insurance 105.1 100.0
Accrued retirement benefits 125.3 100.0
Other long-term liabilities 167.8 100.0
Total noncurrent liabilites 118.9 100.0

Stockholders' Equity
Capital stock
Class A common stock
Class B common stock 99.6 100.0
Treasury stock 100.0
Class A common stock 86.6
Class B common stock 100.0 100.0
Paid-in capital 118.6 100.0
Earnings invested in the business 106.8 100.0
Accumulated other comprehensive income 386.4 100.0
 Total stockholders' equity 112.9 100.0
Total Liabilities and Stockholders' Equity 111.9 100.0

Horizontal Common-Size Analysis

Assets:
Total current assets were up moderately. This was lead by the material decline
in trade accounts receivable, less allowances.
Net property and equipment was up materially. Both areas within this category
were up materially.

Liabilities and Stockholders' Equity

Total current liabilites were up slighty. In this area, most items
were up materially while only one which is accrued insurance
were down materially.
Total noncurrent liabilites were up materially. Items in this area were up
materially.
Total stockholders' equity was up materially. This increase was lead by
paid-in capital, earnings invested in the business, and accumulated
other comprehensive income.
 STATEMENTS OF EARNINGS
For the three fiscal years ended December 31, 2006
Kelly Service, Inc. and Subsidiaries

2006 2005
(In thousands of dollars except per share items)

Revenue from services $ 5,605,752 $ 5,251,712

Cost of services 4,680,538 4,401,618
Gross profit 925,214 849,094
Selling, general and administrative expenses 846,198 797,813
Earnings from operations 79,016 51,281
Other income (expenses), net 1,471 - 187
Earnings from continuing operations before taxes 80,487 51,094
Income taxes 23,112 14,813
Earnings from continuing operations 57,375 36,281
Earnings from discontinued operations, net of tax 6,116 2,982
Net earnings $ 63,491 $ 39,263

Basic earnings per share

Earnings from continuing operations $ 1.59 $ 1.02
Earnings from discontinued operations 0.17 0.08
Net earnings $ 1.76 $ 1.10

Diluted earnings per share

Earnings from continuing operations $ 1.58 1.01
Earnings from discontinued operations 0.17 0.08
Net earnings $ 1.75 $ 1.09
Dividends per share $ 0.45 $ 0.40
Average shares outstanding (thousands):
Basic 35,999 35,667
Diluted 36,314 35,949
(1) Fiscal year included 53 weeks
 A.
Kelly Service, Inc. and Subsidiaries
Statements of Earnings
For the three fiscal years ended December 31, 20
Vertical Common-Size Analysis

2004 (1)
except per share items)

$ 4,932,650 Revenue from services

4,143,441 Cost of services
789,239 Gross profit
758,128 Selling, general and administrative expenses
31,111 Earnings from operations
- 861 Other income (expenses), net
30,250 Earnings from continuing operations before taxes
10,780 Income taxes
19,470 Earnings from continuing operations
1,741 Earnings from discontinued operations, net of tax
$ 21,211 Net earnings

$ 0.55 C. Vertical Common-Size Analysis

0.05
$ 0.60 Gross profit improved between 2004 and 2006. This was less than offset by the m
general and administrative expenses.

0.55 There was an slightly improvement in 2006 which further contributed to earnings.
0.05
$ 0.60
$ 0.40

35,115
35,461
 B.
Kelly Service, Inc. and Subsidiaries
Statements of Earnings
hree fiscal years ended December 31, 2006
Vertical Common-Size Analysis

2006 2005 2004 (1)

(In thousands of dollars except per share items)

100.0 100.0 100.0

83.5 83.8 84.0
16.5 16.2 16.0
15.1 15.2 15.4
1.4 1.0 0.6
0.0 0.0 0.0
1.4 1.0 0.6
0.4 0.3 0.2
1.0 0.7 0.4
0.1 0.1 0.0
1.1 0.7 0.4

Horizontal Common-Size Analysis

006. This was less than offset by the material decrease in selling, Gross profit was down substanially beca
Selling, general and administrative expen

which further contributed to earnings. Because of the earnings in 2006, it was

favorably with 2004 except for gross pofi
 Kelly Service, Inc. and Subsidiaries
Statements of Earnings
For the three fiscal years ended December 31, 2006
Horizontal Common-Size Analysis

2006 2005
(In thousands of dollars except per share items)

Revenue from services 113.6 106.5

Cost of services 113.0 106.2
Gross profit 117.2 107.6
Selling, general and administrative expenses 111.6 105.2
Earnings from operations 254.0 164.8
Other income (expenses), net -170.8 21.7
Earnings from continuing operations before taxes 266.1 168.9
Income taxes 214.4 137.4
Earnings from continuing operations 294.7 186.3
Earnings from discontinued operations, net of tax 351.3 171.3
Net earnings 299.3 185.1

Horizontal Common-Size Analysis

Gross profit was down substanially because of the favorable decrease in cost of services.
Selling, general and administrative expenses increased materially.

Because of the earnings in 2006, it was easy to compare 2006 with the prior years. 2005 was compare
favorably with 2004 except for gross pofit.
 2004 (1)
except per share items)

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

rvices.

2005 was compare

P 5-5
Change Analysis
Item Year 1 Year 2 Amount
1 3000 3,000
2 6,000 - 4,000 - 10,000
3 - 7,000 4,000 11,000
4 4,000 - 4,000
5 8,000 10,000 2,000

P 5-6
Change Analysis
Item Year 1 Year 2 Amount
1 4,000 - 4,000
2 5,000 - 3,000 - 8,000
3 - 9,000 2,000 11,000
4 7,000 - 7,000
5 15,000 15,000
ange Analysis
Percent

-100
25

ange Analysis
Percent
- 100

- 100