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McDonald's FOOD CHAIN

            

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EXHIBIT I
McDonald's - FINANCIAL PERFORMANCE SUMMARY

            

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Dollars in Millions

 2001  2000

 1999

 1998

 1997

 1996

 1995

 1994

 1993

 1992

 1991

Franchised Sales

 $24,838

 24,463

 23,830

 22,330

 20,863

 19,969

 19,123

 17,146

 15,756

 14,474

 12,959

Company-operated Sales

 $11,040

 10,467

 9,512

 8,895

 8,136

 7,571

 6,863

 5,793

 5,157

 5,103

 4,908

Affiliated Sales

 $4,752

 5,251

 5,149

 4,754

 4,639

 4,272

 3,928

 3,048

 2,674

 2,308

 2,061

Total System Wide Sales

 $40,630

 40,181

 38,491

 35,979

 33,638

 31,812

 29,914

 25,987

 23,587

 21,885

 19,928

Total Revenues

 $14,870

 14,243

 13,259

 12,421

 11,409

 10,687

 9,795

 8,321

 7,408

 7,133

 6,695

Operating Income

 $2,697

 3,330

 3,320

 2,762

 2,808

 2,633

 2,601

 2,241

 1,984

 1,862

 1,679

Income before Taxes

 $2,230

 2,882

 2,884

 2,307

 2,407

 2,251

 2,169

 1,887

 1,676

 1,448

 1,299

Net Income

 $1,637

 1,977

 1,948

 1,550

 1,642

 1,573

 1,427

 1,223

 1,083

 959

 860

Cash provided by operations

 $2,688

 2,751

 3,009

 2,766

 2,442

 2,461

 2,296

 1,926

 1,680

 1,426

 1,423

Capital Expenditures

 $1,906

 1,945

 1,868

 1,879

 2,111

 2,375

 2,064

 1,539

 1,317

 1,087

 1,129

Free Cash Flow

 $782

 806

 1,141

 887

 331

 86

 232

 387

 363

 339

 294

Treasury Stock Purchases

 $1,090

 2,002

 933

 1,162

 765

 605

 321

 500

 628

 92

 117

Financial Position at year end

Total assets

 $22,535

 21,684

 20,983

 19,784

 18,242

 17,386

 15,415

 13,592

 12,035

 11,681

 11,349

Total debt

 $8,918

 8,474

 7,252

 7,043

 6,463

 5,523

 4,836

 4,351

 3,713

 3,857

 4,615

Total shareholders'equity

 $9,488

 9,204

 9,609

 9,465

 8,852

 8,718

 7,861

 6,885

 6,274

 5,892

 4,835

Shares outstanding (in millions)

 1,280.70

 1,304.90

 1,350.80

 1,356.20

 1,371.40

 1,389.20

 1,399.50

 1,387.40

 1,414.70

 1,454.10

 1,434.50

Per Common Share

Net Income

 $1.27

 1.49

 1.44

 1.14

 1.17

 1.11

 0.99

 0.84

 0.73

 0.65

 0.59

Net-Income Diluted

 $1.25

 1.46

 1.39

 1.1

 1.15

 1.08

 0.97

 0.82

 0.71

 0.63

 0.57

Dividend Declared

 $0.23

 0.22

 0.2

 0.18

 0.16

 0.15

 0.13

 0.12

 0.11

 0.1

 0.19

Market price at year end

 $26.47

 34

 40.31

 38.41

 23.88

 22.69

 22.56

 14.63

 14.25

 12.19

 9.5

Franchised Restaurants

 17,395

 16,795

 15,949

 15,086

 14,197

 13,374

 12,186

 10,944

 9,918

 9,237

 8,735

Company-operated Restaurants

 8,378

 7,652

 6,059

 5,433

 4,887

 4,294

 3,783

 3,216

 2,733

 2,551

 2,547

Affiliated Restaurants

 4,320

 4,260

 4,301

 3,994

 3,844

 3,216

 2,230

 1,739

 1,476

 1,305

 1,136

Total Systemwide Restaurants

 30,093

 28,707

 26,309

 24,513

 22,928

 20,884

 18,299

 15,899

 14,127

 13,093

 12,418

Source: www.mcdonalds.com

• Includes $378 million of pretax special operating charges primarily related to business reorganization in the US and other global change initiatives, and the closing of 163 under performing restaurants in international markets.
• Includes the $378 million of pretax special operating charges noted above and $125 million of net pretax special nonoperating income items primarily related to a gain on the initial public offering of McDonald's Japan, for a net pretax expense of $253 million ($143 million after tax or $0.11 per share). Net income also reflects an effective tax rate of 29.8 percent, primarily due to the one-time benefit of tax law changes in certain international markets ($147 million).
• Includes $162 million of Made For You costs and the $160 million special charge related to the home office productivity initiative for a pretax total of $322 million ($219 million after tax or $0.16 per share).

EXHIBIT II - McDonald's IN MEXICO

EXHIBIT III - McDonald's IN MOSCOW


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