Analysis and Interpretation of Profitability Balance sheets and income statements for Best Buy Co., Inc....
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Analysis and Interpretation of Profitability Balance sheets and income statements for Best Buy Co., Inc. follow Consolidated Statements of Earnings February 26, 2011 February 27 2010 February 28 2009 For Fiscal Years Ended (S millions) $50,272 37,611 24 12,637 10,325 198 Revenue Cost of goods sold Restructuring charges - cost of goods sold Gross Profit Selling, general and administrative expenses Restructuring charges Goodwill and tradename impairment Operating income Other income (expense) Investment income and other Investment impairment Interest expense Earnings before income tax expense and equity in income of $ 49,694 $45,015 37,534 34,017 12,160 9,873 52 10,998 8,984 78 2,114 2,235 1,870 51 54 35 (87) (94) (94) 1,700 674 2,078 2,195 affiliates Income tax expense Equity in income of affiliates Net earnings including noncontrolling interest Net income attributable to noncontrolling interest Net income attributable to Best Buy Co., Inc. 714 802 1,366 (89) 1,277 1,394 (77) 1,317 1,033 (30) $1,003
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