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Page 1 of 2 STARBUCKS CORPORATION Consolidated Statements of Earnings (in thousands of dollars, except earnings per share) Fiscal Year Ended September 30, 2007 October

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Page 1 of 2 STARBUCKS CORPORATION Consolidated Statements of Earnings (in thousands of dollars, except earnings per share) Fiscal Year Ended September 30, 2007 October 1, 2006 Net revenues Company-operated retail $7,998,265 $6,583,098 Specialty: Licensing 1,026.338 860.676 Food service and other 386.894 343,168 Total specialty 1.413.232 1.203,844 Total net revenues 9.411,497 7.786,942 Cost of sales including occupancy costs 3,999,124 3.178.791 Store operating paperets 3,215.889 2.687,815 Other operating expenses 204.136 253.724 Depreciation and amortization paperses 467.160 387.211 General and administrative expenses 489.249 479.386 Total operating expenses 8.465.558 5.986.927 Income from equity inwriters 108,006 93.937 Operating income 1.053,945 893.952 Net interest and other income 2.419 12.291 Earnings before income tours 1,056,364 906.243 Income taxes 383.726 324.770 Earnings before cumulative effect of change in accounting principle 672.638 581,473 Cumulative effect of accounting change for FIN 47. net of tacos 17,214 Net earnings 1 672,638 1 564.259 Per common shure: Earnings before cumulative efffect of clunge in accounting principles-baric 0.90 0.76 Cumulative effect of accounting change for FIN 47 net of tames 0:02 Net earnings -basic 0.90 0.74 Earnings before cumulative effect of change in accounting principles diluted 0.73 Cumulative effect of accounting change for FIN 47. net of Lines 0 02 Net earnings chhuted O.87 0.71 Weighted average thann outstanding Hank 749.703 766, 114 Diluted 770,091 792.556Page 2 of 2 Current assets: Cash and cash equivalents $ 281,261 $ 312,606 Short-term investments-available-for-sale securities 83,845 87.542 Short-term investments-trading securities 73.588 53,496 Accounts receivable. net 287.925 224,271 Inventories 691,658 636,222 Prepaid expenses and other current assets 148.757 126,874 Deferred income taxes, net 129,453 88.777 Total current assets 1,696,487 1.529,788 Long-term investments-available-for-sale securities 21.022 5.811 Equity and other investments 258,846 219,093 Property, plant, and equipment, net 2,890,433 2,287,899 Other assets 219,422 186,917 Other intangible assets 42.043 37.955 Goodwill 215,625 161,478 Total Assets $5.343,878 $4.428.941 Liabilities and Shareholders' Equity Current Habilities Commercial paper and short-term borrowings $ 710.248 $ 700,000 Accounts payable 390,836 340.937 Accrued compensation and related costs 332.331 288.963 Accrued occupancy costi 74.591 54,868 Accrued taxes 92,516 94,010 Other accrued expenses 257.369 224,154 Deferred revenue 296,900 231.926 Current portion of long-term debt 375 762 Total current jubilites 2,155.566 1.935,620 Long-term debt 550,121 1.958 Other long-term Nabilities 354,074 262.857 Total liabilities 3,059.761 2.200,435 Shareholders equity Common stock ($0.001 par value)-authorized, 1,200,000,000 shares, based and outstanding. 738 285,285 and 756,602,071 shares, respectivelywill 215,625 161,478 tal Assets $5,343,878 $4,428,941 Liabilities and Shareholders' Equity Current Wabilities: Commercial paper and short-term borrowings $ 710.248 $ 700,000 Accounts payable 390,836 340,937 Accrued compensation and related costs 332,331 288,963 Accrued occupancy costs 74,591 54,868 Accrued taxes 92.516 94,010 Other accrued expenses 257,369 224,154 Deferred revenue 296,900 231.926 Current portion of long-term debt 775 762 Total current Eabilities 2,155.566 1,935,620 Long-term debt 550.121 1.958 Other long-term Eabilities 354,074 262.857 Total liabilities 3.059.761 2.200,435 Shareholders' equity. Common stock ($0.001 par value)-authorized, 1,200,000,000 shares, issued and outstanding. 738,285,285 and 756,602,071 shares, respectively, (includes 3,420,448 common stock units in both periods) 738 156 Other additional paid-in-capital 39.393 39.393 Retained earnings 2.189.366 2.151,084 Accumulated other comprehensive income 54,620 37.273 Total shareholders' equity 2.284.117 2,228,506 Total liabilities and shareholders' equity $5,343,878 $4,428,941 MacBook Air

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