Yum China Holdings, Inc. YUMC Income Statement

Yum china holdings, inc. (YUMC)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	May'17	Mar'17	Dec'16	Aug'16	May'16	Feb'16	Aug'15
Revenues
Total revenues
1,754	2,029	2,319	2,124	2,304	1,914	2,212	2,068	2,221	2,119	2,130	1,841	1,594	1,926	2,301	1,883	1,588	1,303	1,969
Costs and Expenses, Net
General and administrative expenses
99	147	117	109	114	122	119	101	114	167	123	118	107	98	158	101	104	66	90
Other operating costs and expenses
10	17	9	6	5	12	6	7	4	14	8	3	-	3	-	-	-	-	-
Closures and impairment expenses, net
-8	-22	1	-4	-11	-26	1	-17	1	-	-2	18	17	-	-	5	31	-	3
Refranchising gain, net
-	-	-	-	-	-	-	-	-	-	-	-	1	-	-	4	1	3	3
Other income, net
16	12	17	12	19	9	10	7	126	11	22	11	11	20	16	17	12	15	13
Total costs and expenses, net
1,657	1,935	2,019	1,920	2,001	1,830	1,943	1,875	1,826	2,044	1,866	1,670	1,451	1,630	2,249	1,597	1,501	1,094	1,714
Operating Profit
97	94	300	204	303	84	269	193	395	75	264	171	143	296	52	286	87	209	255
Interest and other income, net
9	10	10	10	9	8	10	10	8	8	8	4	5	4	4	3	2	2	2
Investment (loss) gain
-8	24	12	17	10	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Before Income Taxes
98	128	322	231	322	65	279	203	403	83	272	175	148	300	77	289	89	211	257
Income tax provision
32	34	87	46	93	-13	67	53	107	167	87	43	35	90	-9	87	16	62	65
Net income – including noncontrolling interests
66	94	235	185	229	78	212	150	296	-84	185	132	113	210	86	202	73	149	192
Net income – noncontrolling interests
4	4	12	7	7	4	9	7	8	5	9	7	6	6	2	10	-4	4	5
Net Income – Yum China Holdings, Inc.
62	90	223	178	222	74	203	143	288	-89	176	125	107	204	84	192	77	145	187
Weighted-average common shares outstanding (in millions):
Basic
376	374	377	378	379	380	384	386	386	387	386	387	-	388	-	363	-	-	-
Diluted
386	387	388	389	388	387	394	398	401	400	398	399	-	395	-	363	-	-	-
Basic Earnings Per Common Share
0.16	0.24	0.59	0.47	0.59	0.19	0.53	0.37	0.75	-0.24	0.46	0.32	0.28	0.53	0.21	0.53	0.21	0.40	-
Diluted Earnings Per Common Share
0.16	0.23	0.58	0.46	0.57	0.20	0.51	0.36	0.72	-0.23	0.44	0.31	0.27	0.52	0.21	0.53	0.21	0.40	-
Cash Dividends Declared Per Common Share
-	-	-	-	-	-	-	-	0.10	-	-	-	-	-	-	-	-	-	-
Company Sales [Member]
Revenues
1,548	1,813	2,097	1,926	2,089	1,721	2,008	1,888	2,016	1,768	1,924	1,664	1,563	1,738	1,938	1,848	1,558	1,278	1,935
Franchise [Member]
Revenues
35	35	38	36	39	31	36	34	40	36	38	33	31	36	39	35	30	25	34
Cost of goods and services sold
17	16	19	16	20	16	18	17	20	19	19	17	15	18	21	20	17	14	20
Transactions With Franchisees and Unconsolidated Affiliates [Member]
Revenues
161	158	172	154	170	142	159	141	161	151	160	141	-	147	-	-	-	-	-
Cost of goods and services sold
156	157	167	154	167	141	156	138	160	149	159	137	-	147	-	-	-	-	-
Other Revenues [Member]
Revenues
10	23	12	8	6	20	9	5	4	20	8	3	-	5	-	-	-	-	-
Company Restaurant Expenses [Member]
Food and paper
495	583	651	607	638	551	610	571	594	535	560	483	453	486	560	514	462	385	611
Payroll and employee benefits
394	436	455	450	466	418	430	424	442	414	403	366	358	368	469	376	342	245	356
Occupancy and other operating expenses
494	569	619	586	599	553	615	607	619	588	614	539	513	530	697	602	558	402	650
Cost of goods and services sold
1,383	1,588	1,725	1,643	1,703	1,522	1,655	1,602	1,655	1,537	1,577	1,388	1,324	1,384	1,726	1,492	1,362	1,032	1,617