Financial Statements For Jollibee Foods Corporation (JFC)

Year over year, Jollibee Foods Corp. has been able to grow revenues from $62.6B PHP to $71.0B PHP.
Most impressively, the company has been able to reduce the percentage of sales devoted to income tax
expense from 1.76% to 1.37%. This was a driver that led to a bottom line growth from $3.2B PHP to
$3.7B PHP.
View Income Statement In U.S. Dollar
Annual

Income StatementBalance SheetCash Flow

Currency in
Millions of Philippines Pesos

As of:

Revenues

Dec 31
2009
Restated
PHP
47,957.7

TOTAL REVENUES

47,957.7

Cost Of Goods Sold

39,572.5

GROSS PROFIT

8,385.2

Dec 31
2010
Restated
PHP
53,371.7
53,371.7
44,542.6
8,829.2

62,554.9
62,554.9
52,767.0
9,787.9

71,048.3
71,048.3
59,757.7
11,290.6

4,997.5

OTHER OPERATING EXPENSES, TOTAL

4,997.5

5,229.8

5,885.8

6,736.2

OPERATING INCOME

3,387.7

3,599.3

3,902.1

4,554.4

Interest Expense

-218.9

-193.2

-291.3

-205.8

Interest And Investment Income

163.7

163.1

179.8

260.9

Other Non-Operating Expenses, Total

92.8

141.0

129.6

27.4

Other Non-Operating Income (Expenses)

46.4

106.1

192.9

131.9

Gain (Loss) On Sale Of Assets

34.5

106.0

--

--

Other Unusual Items, Total

195.3

369.7

437.5

102.6

4,185.9

4,357.7

4,739.4

3,655.2

5,885.8

Dec 31
2012
Press
Release
PHP

Selling General & Admin Expenses, Total

EBT, INCLUDING UNUSUAL ITEMS

5,229.8

Dec 31
2011
PHP

6,736.2

Income Tax Expense

988.3

973.4

1,103.9

976.0

Minority Interest In Earnings

-2.3

-14.7

-22.1

-42.6

Earnings From Continuing Operations

2,666.9

3,212.5

3,253.8

3,763.4

NET INCOME

2,664.6

3,197.8

3,231.7

3,720.8

NET INCOME TO COMMON INCLUDING EXTRA

ITEMS

2,664.6

3,197.8

3,231.7

3,720.8

NET INCOME TO COMMON EXCLUDING EXTRA

ITEMS

2,664.6

3,197.8

3,231.7

3,720.8

4 Year
Trend