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 07 Dec 06 Dec 05
Revenue 1,932.6 1,424.1 1,482.0
Cost of Goods Sold 1,209.3 874.1 1,068.6
Gross Profit 723.3 550.0 413.4
Gross Profit Margin 37.4% 38.6% 27.9%
SG&A Expense 243.9 191.5 90.1
Depreciation & Amortization 85.2 62.4 72.0
Operating Income 394.1 296.1 251.3
Operating Margin 20.4% 20.8% 17.0%
Nonoperating Income 7.6 9.1 42.7
Nonoperating Expenses 24.6 25.9 18.5
Income Before Taxes 416.3 309.6 275.5
Income Taxes 141.5 86.8 84.4
Net Income After Taxes 274.8 222.8 191.1

Continuing Operations 274.8 222.8 191.1
Discontinued Operations -- -- --
Total Operations 274.8 222.8 191.1
Total Net Income 274.8 222.8 191.1
Net Profit Margin 14.2% 15.6% 12.9%

Diluted EPS from Total Net Income ($) 1.46 1.20 1.19
Dividends per Share 0.26 0.12 --
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