Tim Hortons Inc.Oakville, Canada (NYSE: THI)

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Tim Hortons Income Statement

All amounts in millions of except per share amounts.
View: Annual
Dec 08 Dec 07 Dec 06
Revenue 1,655.5 1,920.9 1,426.1
Cost of Goods Sold 1,203.0 1,202.0 875.3
Gross Profit 452.5 718.9 550.8
Gross Profit Margin 27.3% 37.4% 38.6%
SG&A Expense 106.0 121.0 97.6
Depreciation & Amortization 73.9 84.7 62.5
Operating Income 363.3 438.2 335.9
Operating Margin 21.9% 22.8% 23.6%
Nonoperating Income (30.0) 0.0 0.0
Nonoperating Expenses (15.9) (16.9) (15.9)
Income Before Taxes 343.4 413.8 310.0
Income Taxes 112.8 140.7 86.9
Net Income After Taxes 230.6 273.1 223.1

Continuing Operations 230.6 273.1 223.1
Discontinued Operations -- -- --
Total Operations 230.6 273.1 223.1
Total Net Income 230.6 273.1 223.1
Net Profit Margin 13.9% 14.2% 15.6%

Diluted EPS from Total Net Income ($) 1.26 1.45 1.20
Dividends per Share 0.34 0.26 0.12
© 2009 Morningstar, Inc. Financial Data provided by Morningstar

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