Jollibee Foods Corp. · PSE:JFC
Jollibee Foods — Q1 2001 Earnings Presentation
7 slides from Jollibee Foods's earnings presentation, May 11, 2001
Slide 1: The Jollibee Group Announces 1st Quarter 2001 Results
THE JOLLIBEE GROUP OF COMPANIES ANNOUNCES 1ST QUARTER 2001 RESULTS Metro Manila, Philippines, 11 May 2001 - Jollibee Foods Corporation (PSE: JFC/JFCW) – Results for the quarter ended March 31st, 2001 (all references vs. same period last year) • Systemwide retail sales increased 20% to P 5.5 billion
Slide 2: Greenwich Pizza performance and restaurant network
“The performance of our Greenwich Pizza subsidiary continued to be disappointing in the 1st quarter. However, the combination of improved store operations plus new and improved product introductions is having a positive impact and we expect better performance during the balance of the year.” The com
Slide 3: Consolidated Statement of Income, 1st Quarter 2001
JOLLIBEE FOODS CORPORATION Consolidated Statement of Income For the 1st Quarter 2001 (Unaudited) Peso Amounts in Thousands Qtr. 1 - 2001 Qtr. 1 - 2000 Change Pesos Pct. Pesos Pct. 2000 to 2001 Sales 4,070,541 92.6% 3,289,521 92.4% 23.7% Royalties & Franchise Fees 281,835 6.4% 236,535 6.6% 19.2% Othe
Slide 4: Balance Sheet
JOLLIBEE FOODS CORPORATION Consolidated Balance Sheet As of March 31, 2001 (Unaudited) Peso Amounts in Thousands Mar. - 2001 Dec. - 2000 Changes Cash and Cash Items 693,589 1,217,517 (523,928) Accounts Receivables 801,971 838,548 (36,577) Inventories 959,196 904,792 54,404 Prepaid Items & Other Curr
Slide 5: Statements of Cash Flows
JOLLIBEE FOODS CORPORATION Consolidated Statements of Cash Flows As of March 31, 2001 (Unaudited) Peso Amounts in Thousands Mar-01 Mar-00 SOURCES: Profit After Tax 216,605 207,839 Depreciation 143,666 155,564 Funds From Operations 360,271 363,403 Decrease in Accounts Receivables 36,577 - Decrease in
Slide 6: Number of Stores, Shares and Systemwide Sales
JOLLIBEE FOODS CORPORATION Dec-00 Opened Closed Mar-01 NUMBER OF STORES JFC-Philippines Co-owned 164 2 0 166 Franchised 210 10 2 218 Total 374 12 2 384 Greenwich Co-owned 112 1 2 111 Franchised 81 0 0 81 Total 193 1 2 192 Delifrance Co-owned 13 2 0 15 Franchised 0 0 0 0 Total 13 2 0 15 Chowking-Phil
Slide 7: Stores Geographical Location
STORES GEOGRAPHICAL LOCATION As of March 31, 2001 Jollibee - Philippines Mar-01 Dec-00 Changes Metro Manila 210 208 2 Central Luzon 34 34 0 Northern Luzon 17 15 2 Southern Luzon 60 57 3 Visayas 36 34 2 Mindanao 27 26 1 Total 384 374 10 Greenwich Pizza Metro Manila 108 110 -2 Central Luzon 10 10 0 No