JOLLIBEE FOODS CORP. Income Statements 12,367,071 15,260,399 Gross Profit 3,323,673 3,529,584 General & administrative expenses 1,641,201 1,800,141 2000 2001 2002A 2003A 2004A 2005A 2006 2007 Net sales (company owned) royalty, franchise fees & others Revenues Cost of sales 15,690,744 18,789,983 20,251,125 14,474,092 1,216,652 1,343,856 1,476,833 17,446,127 18,774,292 19,970,376 1,679,015 1,933,863 21,649,391 17,369,987 21,204,222 23,341,504 4,279,404 5,055,082 5,699,021 2,468,761 2,893,785 24,325,441 26,867,290 2,173,236 26,259,304 29,040,525 16,325,319 3,925,806 1,715,935 Advertising & promotion 568,273 526,265 Provisions and others 683,252 39,545 Operating expenses 2,209,474 2,326,406 2,438,732 1,958,362 799,297 129,094 2,886,753 730,709 73,538 3,273,008 847,926 42,797 3,784,508 Income from operations 1,114,199 1,203,178 1,487,074 1,392,651 1,782,074 1,914,513 Other income (charges) provision for impairment in value of non-operating assets interest expense (371,849) (78,309) (87,649) (56,813) (51,114) (43,246) interest income 51,310 45,677 63,289 129,510 122,669 157,689 provision for other expenses others - net 431 28,838 (63,715) 122,388 110,141 100,668 51,741 (375,643) (39,355) 49,692 181,696 215,111 Income before income tax & minority interest 1,165,940 827,535 1,447,719 1,442,343 1,963,770 2,129,624 provision for income tax 313,006 295,901 414,686 income before minority interest 852,934 531,634 1,033,033 Minority interest 56,734 55,492 Net income 909,668 587,126 (6,324) 1,039,357 178,306 1,264,037 7,840 1,256,197 365,418 439,827 1,598,352 1,689,797 34,004 1,564,349 15,167 1,674,630 shares outstanding, basic earnings per share, basic* shares oustanding, diluted learnings per share diluted 1,007,182 969,947 0.9032 1,007,315 0.9887 970,755 974,093 1.0670 977,942 989,833 1.2691 993,984 986,348 09031 09879 1 0628 1 2638 1.5860 987,594 1 5840 992,668 1.6870 994,436 1 6840