Panera Bread Financial Data (2023) (2)

xlsx

School

Stevens Institute Of Technology *

*We aren’t endorsed by this school

Course

638

Subject

Finance

Date

Jan 9, 2024

Type

xlsx

Pages

4

Uploaded by MasterWillpower12230

Report
Panera Bread Historical Financial Statements Historical Balance Sheet For Years Ending December 31 (in $ millions) 2013 2014 2015 2016 ASSETS Current Assets Cash & Equivalents 125.2 196.5 241.9 105.5 Accounts Receivable 33.0 36.6 38.2 53.5 Other Receivables 51.6 70.1 77.6 59.4 Investments - - - - Inventory 21.9 22.8 22.5 23.8 Prepaid Expenses 43.1 51.6 59.5 69.2 Other Current Assets 27.9 28.6 28.7 - Total Current Assets 302.7 406.2 468.3 311.4 Fixed Assets Land 2.9 2.1 1.6 5.6 Buildings & Leasehold Improvements 687.6 792.8 780.7 820.1 Equipment 392.4 478.5 531.0 618.2 Furniture & Fixtures 176.5 197.2 188.7 204.6 Vehicles - - - - Total Fixed Assets 1,259.3 1,470.6 1,502.0 1,648.5 Less: Accumulated Depreciation (589.9) (683.3) (725.8) (845.7) Net Fixed Assets 669.4 787.3 776.2 802.8 Other Assets Goodwill 123.0 120.8 121.8 122.4 Other Intangible Assets 79.8 70.9 63.9 54.8 Accumulated Amortization - - - - Intangible Assets, Net 202.8 191.7 185.7 177.2 Other Assets 6.0 5.7 10.6 10.2 Total Other Assets 208.7 197.4 196.3 187.4 TOTAL ASSETS 1,180.9 1,390.9 1,440.8 1,301.6
Panera Bread Historical Financial Statements Historical Balance Sheet For Years Ending December 31 (in $ millions) 2013 2014 2015 2016 LIABILITIES & EQUITY Current Liabilities Line of Credit - - - - Accounts Payable 17.5 19.5 19.8 22.5 Other Payables - - - - Accrued Liabilities 285.8 333.2 359.5 408.6 Notes Payable - - 17.2 17.2 Other Current Liabilities - - 2.9 - Total Current Liabilities 303.3 352.7 399.4 448.3 Long-Term Liabilities Long-Term Debt - 100.0 389.0 410.6 Capital Leases - - - - Notes Payable - - - - Other Liabilities 177.6 202.0 154.7 154.3 Total Long-Term Liabilities 177.6 302.0 543.7 564.9 Total Liabilities 481.0 654.7 943.2 1,013.2 Stockholders' Equity Common Equity 0.0 0.0 0.0 0.0 Additional Paid-in Capital 196.9 214.4 235.4 257.6 Retained Earnings 1,049.6 1,227.8 1,373.5 1,520.0 Treasury Stock (546.6) (706.1) (1,111.6) (1,488.8) Total Stockholders' Equity 699.9 736.2 497.3 288.8 TOTAL LIABILITIES & EQUITY 1,180.9 1,390.9 1,440.5 1,302.0 Check - - - - Tangible Assets 901.2 1,113.3 1,156.4 1,045.0 Tangible Net Worth 420.2 458.5 213.2 31.8 Total Debt - 100.0 406.2 427.8
Panera Bread Historical Financial Statements Historical Income Statement For Years Ending December 31 (in $ millions) 2013 2014 2015 2016 Total Revenues 2,385.0 2,529.2 2,681.6 2,795.4 Cost of Sales 1,837.6 1,982.4 2,135.5 2,205.4 Gross Profit 547.4 546.8 546.1 590.0 General & Administrative Expense 123.3 138.1 142.9 179.9 Other Expense 7.8 8.7 26.2 16.0 Depreciation & Amortization 106.5 124.8 135.4 154.4 Total Operating Expenses 237.7 271.6 304.5 350.2 Operating Income 309.8 275.2 241.6 239.8 Other Income / (Expense) Other Income (Expense) 4.0 3.2 (1.2) (1.4) Interest Income (Expense) (1.1) (1.8) (3.8) (8.9) Total Other Income / (Expense) 3.0 1.4 (5.0) (10.3) Earnings Before Taxes 312.7 276.6 236.6 229.5 Income Tax Expense 116.6 98.0 87.2 84.3 Net Income / (Loss) 196.2 178.6 149.3 145.2
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Panera Bread Projected Cash Flows For Fiscal Years Ending 12/31 (in $ millions) (Actual) (Forecast) (Projected) (Projected) (Projected) (Projected) 2016 2017 2018 2019 2020 2021 INCOME STATEMENT Total Revenues $2,795.4 $2,846.1 $3,083.1 $3,374.4 $3,886.9 $4,220.0 Growth YoY 1.8% 8.3% 9.4% 15.2% 8.6% Cost of Sales $2,205.4 $2,220.0 $2,404.8 $2,632.0 $3,031.8 $3,291.6 78.9% 78.0% 78.0% 78.0% 78.0% 78.0% Gross Profit $590.0 $626.1 $678.3 $742.4 $855.1 $928.4 Operating Expenses $195.8 $196.0 $199.9 $203.9 $208.0 $212.2 Depreciation & Amortization $154.4 $155.0 $155.0 $155.0 $155.0 $155.0 Total Operating Expenses $350.2 $351.0 $354.9 $358.9 $363.0 $367.2 12.5% 12.3% 11.5% 10.6% 9.3% 8.7% EBIT $239.8 $275.1 $323.4 $383.4 $492.1 $561.2 Adjustments $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 EBIT (Adjusted) $239.8 $275.1 $323.4 $383.4 $492.1 $561.2 8.6% 9.7% 10.5% 11.4% 12.7% 13.3% Other Income (Expense) ($1.4) $0.0 $0.0 $0.0 $0.0 $0.0 Interest Expense (Income) $8.9 $12.8 $13.7 $14.8 $16.2 $18.7 Pre-Tax Income $229.5 $262.3 $309.7 $368.7 $475.9 $542.6 Income Tax Expense $84.3 $94.43 $111.49 $132.71 $171.33 $195.33 36.7% 36.0% 36.0% 36.0% 36.0% 36.0% Net Income $145.2 $167.9 $198.2 $235.9 $304.6 $347.3 Depreciation & Amortization $154.4 $155.0 $155.0 $155.0 $155.0 $155.0 EBITDA $394.1 $430.1 $478.4 $538.4 $647.1 $716.2 CASH FLOW Capital Expenditures $200 $211 $200 $196 $196 $193