General Mills, Inc. (NYSE: GIS)

1 General Mills Blvd.
Minneapolis, MN 55426 (Map)
Phone: 763-764-7600
Fax: 763-764-7384
http://www.generalmills.com

Annual Income Statement

All amounts in millions of
except per share amounts.
View: Annual | Quarterly May 09 May 08 May 07
Revenue 9,071.9 6,908.0 6,289.4
Cost of Goods Sold 5,840.2 4,441.8 4,021.3
Gross Profit 3,231.7 2,466.1 2,268.2
Gross Profit Margin 35.6% 35.7% 36.1%
SG&A Expense 1,824.0 1,328.2 1,208.1
Depreciation & Amortization 280.1 232.4 211.3
Operating Income 1,434.4 1,127.3 1,057.5
Operating Margin 15.8% 16.3% 16.8%
Nonoperating Income 0.0 0.0 (215.8)
Nonoperating Expenses (240.8) (213.4) --
Income Before Taxes 1,193.6 913.9 824.5
Income Taxes 444.8 314.8 283.1
Net Income After Taxes 748.7 599.1 541.4

Continuing Operations 805.5 655.1 578.3
Discontinued Operations -- -- --
Total Operations 805.5 655.1 578.3
Total Net Income 805.5 655.1 578.3
Net Profit Margin 8.9% 9.5% 9.2%

Diluted EPS from Total Net Income (£) 2.35 1.88 1.61
Dividends per Share 1.06 0.79 0.73

Data Definitions

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