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McDonald's Corp. (MCD) | Income Statement

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The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

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McDonald's Corp., Consolidated Income Statement

USD $ in thousands

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  12 months ended Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008 Dec 31, 2007
chart Sales by Company-operated restaurants
chart Revenues from franchised restaurants
chart Revenues
chart Food & paper
chart Payroll & employee benefits
chart Occupancy & other operating expenses
chart Company-operated restaurant expenses
chart Franchised restaurants, occupancy expenses
chart Selling, general & administrative expenses
chart Impairment and other (charges) credits, net
chart Gains on sales of restaurant businesses
chart Equity in earnings of unconsolidated affiliates
chart Asset dispositions and other expense
chart Other operating income (expense), net
chart Operating costs and expenses
chart Operating income
chart Interest expense, net of capitalized interest
chart Nonoperating income (expense), net
chart Gain on sale of investment
chart Income from continuing operations before provision for income taxes
chart Provision for income taxes
chart Income from continuing operations
chart Income from discontinued operations, net of taxes
chart Net income
Source: McDonald's Corp., Annual Reports
Item Description The company
Revenues Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. McDonald's Corp.'s revenues increased from 2009 to 2010 and from 2010 to 2011.
Operating income The net result for the period of deducting operating expenses from operating revenues. McDonald's Corp.'s operating income increased from 2009 to 2010 and from 2010 to 2011.
Income from continuing operations before provision for income taxes Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. McDonald's Corp.'s income from continuing operations before provision for income taxes increased from 2009 to 2010 and from 2010 to 2011.
Income from continuing operations This represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. McDonald's Corp.'s income from continuing operations increased from 2009 to 2010 and from 2010 to 2011.
Net income The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. McDonald's Corp.'s net income increased from 2009 to 2010 and from 2010 to 2011.

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