Dine Brands Global, Inc. Common Stock · NYSE:DIN
Dine Brands Global, Inc. Common Stock — DineEquity — Corporate Update (March 2011)
6 slides from Dine Brands Global, Inc. Common Stock's corporate update, Mar 3, 2011
Slide 1: Modeling Assumptions for the Sale of Company-Operated Applebee's Restaurants
Modeling Assumptions for the Sale of Company-Operated Applebee’s Restaurants
Slide 2: Forward-Looking Information
Forward-Looking Information Statements contained in this presentation may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual result
Slide 3: Applebee's Transition to More Highly Franchised Business Model
Applebee’s Transition to More Highly Franchised Business Model The sale of company-operated Applebee’s restaurants furthers DineEquity’s strategic objective of transitioning Applebee’s into a more highly franchised restaurant system over time. The Company believes a more heavily franchised business
Slide 4: Key Modeling Assumptions: Remaining Restaurants
Key Modeling Assumptions: 220 Remaining Restaurants* Per Restaurant Data Based on Full-Year 2010 Results * All amounts are annual approximations based on the twelve months ended as of December 31, 2010; Excludes 23 test market restaurants in Kansas City; Assumes Sale of 66 Company-Operated Applebee’
Slide 5: Reconciliation of Total Financial Impact Per Restaurant
Reconciliation of Total Financial Impact Per Restaurant GAAP Average Restaurant Volume $2.1M GAAP Restaurant Operating Profit $324K Add: Depreciation and Other $80K Less: 4% Royalty (on $2.1M) ($84K) G&A Savings ($40K) Total Financial Impact per Restaurant $280K *All amounts are annual approximation
Slide 6: 2010 Pro Forma EBITDA (Non-GAAP Financial Measures)
2010 Pro Forma EBITDA (Non-GAAP Financial Measures) Twelve Months Ended December 31, 2010 (In Millions) EBITDA (1) Adjusted EBITDA (2) Pro Forma EBITDA GAAP loss before income taxes $ (12.1) $ 7.7 $ (4.4) $ (35.1) $ (39.5) Interest charges 190.8 — 190.8 (8.3) 182.5 Loss on retirement of debt and tem
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