VERTICAL ANAYSIS OF COMPERATIVE INCOME STATEMENT OF YU

PARTICULARS 2014 % 2015

REVENUES
COMPANY SALES 4503 100 4356
FRANCHISE & LICENSE 2084 46.28026 2084
TOTAL REVENUE 6587 146.2803 6440
COST & EXPENSES
COMPANY RESTURANT
FOOD AND PAPER 1471 32.66711 1348
PAYROLL AND EMPLOYEE BENEFITS 1172 26.02709 1131
OCCUPANCY & OTHER OPERATING BENEFITS 1227 27.2485 1168
COMPANY RESTURANT EXPENSES 3870 85.9427 3647
GENERAL & ADMINSTRATIVE EXPENSES 1028 22.82922 1099
FRANCHISE & LICENSE EXPENSES 159 3.530979 237
CLOSURES & IMPAIMENT (INCOME)EXPENSES 18 0.399734 15
REFRANCHISING(GAIN)LOSS -16 -0.35532 23
OTHER(INCOME)EXPENSES NET 11 0.244282 17
TOTAL COSTS AND EXPENSES NET 5070 112.5916 5038
OPERATING PROFIT 1517 33.68865 1402
INTEREST EXPENSES,NET 143 3.175661 141
INCOME BEFORE INCOME TAXES 1374 30.51299 1261
INCOME TAX PROVISION 368 8.17233 325
INCOME FROM CONTINUING OPERATIONS 1006 22.34066 936
INCOME FROM DISCONTINUED OPERATIONS,NET OF TAX 45 0.999334 357
NET INCOME 1051 23.34 1293

VERTICAL ANALYSIS OF COMPARATIVE BALANCESHEETS

PARTICULARS 2014 % 2015
ASSETS
CURRENT ASSETS
CASH AND CASH EQUIVALENTS 578 6.926303 737
ACCOUNTS AND NOTES RECEIVABLE(NET) 325 3.894548 377
INVENTORIES 301 3.60695 229
PREPAID EXPENSES AND OTHER CURRENT ASSETS 254 3.043739 242
ADVERTISING COOPERATIVE ASSETS,RESTRICTED 95 1.138406 103
DEFERRED INCOME TAXES 93 1.11444 0
TOTAL CURRENT ASSETS 1646 19.72439 1688
PROPERTY PLANT AND EQUIMENTS(NET) 4498 53.90054 4189
GOODWILL 700 8.388256 656
INTANGIBLE ASSETS(NET) 318 3.810665 271
OTHER ASSETS 560 6.710605 534
DEFFERED INCOME TAXES 571 6.842421 676
INVESTMENT IN UNCONSOLIDATED AFFILIATES 52 0.623128 61
TOTAL NON CURRENT ASSETS 6699 80.27561 6387
TOTAL ASSETS 8345 100 8075
LIABILITIES AND SHAREHOLDERS EQUITY
CURRENT LIABILITIES
ACCOUNT PAYABLE AND OTHER CURRENT LIABILITIES 1972 29.29293 1985
INCOME TAXES PAYABLE 77 1.143791 77
SHORT TERM BORROWINGS 267 3.966132 923
ADVERTISING COOPERATIVE LIABILITIES 95 1.411171 103
TOTAL CURRENT LIABILITIES 2411 35.81402 3088
NON CURRENT LIABILITIES
LONG TERM DEBT 3077 45.70707 3054
OTHER LIABILITIES AND DEFFERED CREDIT 1244 18.47891 958
TOTAL NON CURRENT LIABILITIES 4321 64.18598 4012
REDEEMABLE NON CONTROLLING INTEREST DISCONTINUED OPERATION 9 0.13369 6
SHAREHOLDER'S FUND
RETAINED EARNINGS(ACCUMULATED DEFICITS) 1737 25.80214 1150
ACCUMULATED OTHER COMPREHENSIVE INCOME(LOSS) -190 -2.82234 -239
TOTAL SHAREHOLDERS EQUITY(DEFICIT) 1547 22.9798 911
NON CONTROLLING INTEREST DISCOUNTINUED OPERATIONS 57 0.846702 58
NET SHAREHOLDER EQUITY 1604 23.8265 969
TOTAL LIABILITIES 6732 100 7100
COME STATEMENT OF YUM BRAND
% 2016 % RATIO
A.PROFITABILITY RATIO
96.73551 4200 93.27115
46.28026 2166 48.10127 I. GROSS PROFIT RATIO
143.0158 6366 141.3724
COST OF GOODS SOLD
GROSS PROFIT
29.9356 1269 28.18121 GPR
25.11659 1109 24.62803
25.93826 1120 24.87231 II. OPERATING RATIO
80.99045 3498 77.68155
24.40595 1161 25.78281 OPERATING EXPENSE
5.263158 202 4.485898 OR
0.333111 14 0.310904 III. OPERATING PROFIT RATIO
0.510771 -141 -3.13125
0.377526 7 0.155452 OPERATING PROFIT
111.881 4741 105.2854 OPR
31.1348 1625 36.08705
3.131246 307 6.817677 IV. NET PROFIT RATIO
28.00355 1318 29.26938
7.217411 324 7.195203 V. RETURN ON CAPITAL EMPLOYEED
20.78614 994 22.07417
7.928048 625 13.87964 CAPITAL EMPLOYEED
28.71419 1619 35.95381 ROC

S
% 2016 %
VI. RETURN ON SHAREHOLDER'S FUND

9.126935 704 12.85141 VII. RETURN ON TOTAL ASSETS

4.668731 370 6.75429
2.835913 36 0.657174 B. MARKET TEST RATIO
2.996904 238 4.344651
1.275542 134 2.446148 I. EARNING PER SHARE
0 0 0
20.90402 1482 27.05367 WEIGHTED AVG. NO OF EQUITY SHARE
51.87616 2160 39.43045
8.123839 541 9.875867 EPS
3.356037 151 2.75648
6.613003 370 6.75429 II. DILUTED EARNING PER SHARE
8.371517 774 14.12924
0.755418 0 0 NO. OF EQUITY SHARE
79.09598 3996 72.94633 DEPS
100 5478 100
III. PAYOUT RATIO

27.95775 1132 10.16706 DIVIDEND PER EQUITY SHARE

1.084507 37 0.332315 PR
13 66 0.592779
1.450704 134 1.203521 C. COVERAGE RATIO
43.49296 1369 12.29567 I. FIXED INTEREST COVER

43.01408 9061 81.38135 D. TURNOVER RATIO

13.49296 704 6.322975
56.50704 9765 87.70433 I. SALES TO CAPITAL EMPLOYED RATIO
0.084507 0 0
II. SALES TO FIXED ASSETS
16.19718 -5223 -46.9104
-3.3662 -433 -3.88899 III. SALE TO WORKING CAPITAL
12.83099 -5656 -50.7994
0.816901 0 0 NET WORKING CAPITAL
13.64789 -5656 -50.7994 SALES TO WORKING CAPITAL RATIO
100 11134 100
IV. TOTAL ASSETS TURNOVER RATIO

E. LIQUIDITY RATIO

I.CURRENT RATIO
II. LIQUID RATIO
LIQUID OR QUICK ASSETS
LIQUID RATIO

III. ABSOLUTE LIQUID RATIO

IV. INVENTORY TO WORKING CAPITAL R

F. STABILITY RATIO

I.FIXED ASSETS RATIO

II.RATIO OF CURRENT ASSETS TO FIXED

III.DEBT EQUITY RATIO

IV. PROPRIETARY RATIO

FORMULA 2014 2015 2016

GROSS PROFIT/NET SALE

2698 2516 2389

1805 1840 1811
0.400844 0.422406 0.43119

(COGS+OPERATING EXP)/NET SALES

2211 2247 2277

1.090162 1.093434 1.110952
OPERATING PROFIT/NET SALES

-406 -407 -466

-0.09016 -0.09343 -0.11095

NET PROFIT/NET SALES 0.2334 0.296832 0.385476

OPERATING PROFIT/CAPITAL EMPLOYEED

4681 4023 3405

-0.08673 -0.10117 -0.13686

NET PROFIT AFTER INTEREST AND TAX/SHA 0.655237 1.334365 -0.28624

NET PROFIT AFTER TAX/TOTAL ASSETS 0.125944 0.160124 0.295546

NET PROFIT AFTER TAX &PREF.DIVIDEND/WEIGHTED AVERAGE NO.OF EQUITY SHARE

444 436 394

2.367117 2.965596 4.109137

NET PROFIT AFTER TAX & PREF DIVIDEND/DEDILUTED NO OF EQUITY SHARES

453 443 400

2.320088 2.918736 4.0475

DIVIDEND PER EQUITY SHARE/EPS

1.56 1.74 1.73

 0.659029 0.586729 0.421013

NET PROFIT BEFORE INTEREST & TAX/INTER 10.60839 9.943262 5.29316

SALES/CAPITAL EMPLOYED 0.961974 1.082774 1.23348

SALES/FIXED ASSETS LESS DEPRICIATION 0.67219 0.68201 1.051051

SALES/NET WORKING CAPITAL -5.88627 -3.11143 37.16814

CURRENT ASSETS-CURRENT LIABILITIES -765 -1400 113

-5.88627 -3.11143 37.16814

NET SALES/TOTAL ASSETS 0.539605 0.539443 0.766703

CURRENT ASSETS/CURRENT LIABILITIES 0.682704 0.546632 1.082542

LIQUID ASSETS/CURRENT LIABILITIES
1091 1356 1208
0.452509 0.439119 0.882396

(CASH & CASH EQUIVELENT+MARKETABLE SECU

0.239735 0.238666 0.514244

INVENTORY/WORKING CAPITAL -0.39346 -0.16357 0.318584

FIXED ASSETS/CAPITAL EMPLOYED 1.431104 1.587621 1.173568

CURRENT ASSETS/FIXED ASSETS 0.245708 0.264287 0.370871

LONG TERM DEBTS/SHAREHOLDER'S FUNF 1.918329 3.151703 -1.60202

SHAREHOLDER'S FUND/TOTAL TANGIBLE ASS 0.356603 0.23132 -2.61852