BFB - Brown-Forman Corporation- Shs -B- Non-Votin

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Company Income Statement
Apr 2009 Apr 2008 Apr 2007 Apr 2006
Sales 3.19B 2.58B 2.22B 1.98B
Cost of Sales 854.00M 840.00M 693.00M 611.00M
Gross Operating Profit 2.34B 1.74B 1.52B 1.36B
Selling, General, and Administrative Expenses 548.00M 592.00M 537.00M 480.00M
Research & Development 0.00 0.00 0.00 0.00
Operating Income before D & A (EBITDA) 1.41B 735.00M 627.00M 560.00M
Depreciation & Amortization 55.00M 52.00M 44.00M 44.00M
Interest Income 6.00M 8.00M 18.00M 14.00M
Other Income - Net -691.00M 2.00M 19.00M 47.00M
Special Income / Charges 0.00 0.00 0.00 0.00
Total Income Before Interest Expenses (EBIT) 667.00M 693.00M 620.00M 577.00M
Interest Expense 37.00M 49.00M 34.00M 18.00M
Pre-Tax Income 630.00M 644.00M 586.00M 559.00M
Income Taxes 195.00M 204.00M 186.00M 164.00M
Minority Interest 0.00 0.00 0.00 0.00
Net Income From Continuing Operations 435.00M 440.00M 400.00M 395.00M
Net Income From Discontinued Operations 0.00 0.00 -11.00M -75.00M
Net Income From Total Operations 435.00M 440.00M 389.00M 320.00M
Extraordinary Income/Losses 0.00 0.00 0.00 0.00
Income From Cum. Effect of Acct. Change 0.00 0.00 0.00 0.00
Income From Tax Loss Carryforward 0.00 0.00 0.00 0.00
Other Gains / Losses 0.00 0.00 0.00 0.00
Total Net Income 435.00M 440.00M 389.00M 320.00M
Normalized Income
(Net Income From Continuing Operations,
Ex. Special Income / Charge)
435.00M 440.00M 400.00M 395.00M
Preferred Dividends
Net Income Available To Common 435.00M 440.00M 400.00M 395.00M
Basic EPS from Continuing Ops. 2.89 2.87 2.61 2.59
Basic EPS from Discontinued Ops. 0.00 0.00 -0.07 -0.49
Basic EPS from Total Operations 2.89 2.87 2.54 2.10
Basic EPS from Extraordinary Inc. 0.00 0.00 0.00 0.00
Basic EPS from Cum Effect of Accounting Change 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryf'd. 0.00 0.00 0.00 0.00
Basic EPS from Other Gains (Losses) 0.00 0.00 0.00 0.00
Basic EPS, Total 2.89 2.87 2.54 2.10
Basic Normalized Net Income/Share 2.89 2.87 2.61 2.59
EPS fr Continuing Ops. 2.87 2.84 2.58 2.56
EPS fr Discontinued Ops 0.00 0.00 -0.07 -0.48
EPS fr Total Ops. 2.87 2.84 2.51 2.08
EPS fr Extraord. Inc. 0.00 0.00 0.00 0.00
EPS fr Cum Effect of Accounting Change 0.00 0.00 0.00 0.00
EPS fr Tax Loss Carfd. 0.00 0.00 0.00 0.00
EPS fr Other Gains (L) 0.00 0.00 0.00 0.00
EPS, Total 2.87 2.84 2.51 2.08
Diluted Normalized Net Inc/Shr
(Net Income From Continuing Operations,
Ex. Special Income / Charge)
2.87 2.84 2.58 2.56
Dividends Paid per Share 1.12 1.03 0.93 0.84
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