EXHIBIT 99
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Investor Release
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FOR IMMEDIATE RELEASE FOR MORE INFORMATION CONTACT:
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02/12/02 Investors: Xxxx Xxxxx, 000-000-0000
Media: Xxxx Xxxxxxxx, 000-000-0000
McDONALD'S ANNOUNCES SUPPLEMENTARY FINANCIAL DATA
OAK BROOK, IL - XxXxxxxx'x Corporation announced 2001 financial information
supplementing operating results released on January 24, 2002.
. Cash generated from operations totaled $2.7 billion in 2001, exceeding
capital expenditures of $1.9 billion. Our substantial cash flow from
operations continues to fund expansion and dividend payments and
support share repurchase. We purchased 36.1 million shares of
McDonald's stock for $1.1 billion in 2001 and paid dividends of $287.7
million. We expect to purchase shares under our new $5.0 billion share
repurchase program over the next four years, depending on free cash
flow.
. At December 31, 2001, total assets were $22.5 billion, total
shareholders' equity was $9.5 billion and total debt was approximately
$8.9 billion.
. Systemwide sales were $40.6 billion, total revenues were $14.9 billion
and net income was $1.6 billion in 2001.
. Depreciation and amortization totaled $1.1 billion in 2001.
. At December 31, 2001, there were 1,280,716,553 common shares
outstanding.
Certain forward-looking statements are included in this release. They use
such words as "may," "will," "expect," "believe," "plan" and other similar
terminology. These statements reflect management's current expectations
regarding future events and operating performance and speak only as of the date
of this release. These forward-looking statements involve a number of risks and
uncertainties. The following are some of the factors that could cause actual
results to differ materially from those expressed in or underlying our
forward-looking statements: the effectiveness of operating initiatives and
advertising and promotional efforts, as well as changes in: global and local
business and economic conditions; currency exchange and interest rates; food,
labor and other operating costs; political or economic instability in local
markets; competition; consumer preferences, spending patterns and demographic
trends; legislation and governmental regulation; and accounting policies and
practices. The foregoing list of important factors is not exclusive.
The Company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
McDonald's is the world's largest and best-known food service retailer,
with more than 30,000 restaurants in 121 countries serving about 46 million
people each day.
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