RESTAURANT BRANDS INTERNATIONAL INC AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEET

(IN MILLIONS OF US dollars SHARE DATA

DECEMBER 31,2020 AND 2019

	DECEMBER 31,2021	DECEMBER 31,2021
ASSETS
CURRENT ASSETS
CASH AND CASH EQUIVALENTS	1,087	1,560
ACCOUNTS AND NOTES RECIVABLES, NET OF ALLOWANCE OF $18 AND $42, RESPECTIVELY	547	536
INVENTORIES,NET	96	96
PREPAIDS AND OTHER CURRENT ASSETS	86	72
TOTAL CURRENT ASSETS	1,816	2,264
PROPERTY AND EQUIPMENT ,NET OF ACCUMULATED DEPRECIATION AND AMORTIZATION OF $979 AND 879, RESPECTIVELY	2035	2031
OPERATING LEASE ASSETS,NET	1130	1152
INTANGIBLE ASSETS, NET	11,417	10,701
GOODWILL	6006	5739
NET INVESTMENT IN PROPERTY LEASED TO FRANCHISEES	762	824
OTHER ASSETS, NET	762	824
TOTAL ASSETS	23,246	22,777
LIABILITIES AND SHAREHOLDERS EQUTY
CURRENT LIABILITIES
ACCOUNTS AND DRAFT PAYABLE	614	464
OTHER ACCRUED LIABILITIES	947	835
GIFT CARD LIABILITY	221	191
CURRENT PORTION OF LONG-TERM DEBT AND FINANCE LEASES	96	111
TOTAL CURRENT LIABILITIES	1,878	1,601
LONG TERM DEBT, NET OF CURRENT PORTION	12,916	12,397
FINANCE LEASES, NET OF CURRENT PORTION	333	315
OPERATING LEASES LIABILITIES,NET OF CURRENT PORTION	1070	1082
OTHER LIABILITIES, NET	1,822	2236
DEFERRED INCOME TAXES, NET	1,374	1,425
TOTAL LIABILITIES	19,393	19056
SHAREHOLDER EQUITY
COMMON SHARES NO PAR VALUE; UNLIMITED SHARES AUTHORIZED AT DECEMBER 31,2021 AND DECEMBER 31,2020; 309,205,068 SHARES ISSUED AND OUTSTANDING AT DECEMBER 31; 304,718,749 SHARES ISSUED AND OUTSTANDING AT DECEMBER 31,2020	2,156	2,399
RETAINED EARNINGS	791	622
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	(710)	(854)
TOTAL RESTAURANT BRANDS INTERNATIONAL INC SHAREHOLDERS EQUITY	1,616	1554
NONCONTROLING INTEREST	3853	3721
TOTAL SHAREHOLDERS EQUITY	3853	3721
TOTAL LIABILITIES AND SHAREHOLDER EQUITY	23,246	22,777

1. MEASURING ABILITY TO PAY CURRENT LIABILITIES

2. MEASURING TURNOVER AND CASH CONVERSION

3. MEASURING LEVERAGE

4. MEASURING PROFITABLITY

5. ANALYZING STOCK AS AN INVESTMENT

6. EVALUATING USING COMMON-SIZE PERCENTAGES FOR SALES, GROSS PROFIT,OPERATING INCOME

7. EVALUATE COMPANY CASH FLOW

8. EVALUATE MARKET PRICE AND BOOK VALUE ( OVERPRICED)