Exhibit 99.1
ARAMARK CORPORATION AND SUBSIDIARIES
RECONCILIATION OF NON-GAAP MEASURES
ADJUSTED SALES GROWTH
(Unaudited)
(In thousands)
Management believes that presentation of sales growth in the fiscal 2005 and 2004 first quarter periods adjusted to eliminate the effects of acquisitions, divestitures and the impact of currency translation provides useful information to investors because it enhances comparability between the current year and prior year reporting periods. Elimination of the currency translation effect provides constant currency comparisons without the distortion of currency rate fluctuations.
Three Months Ended | % Change | ||||||||||
December 31, 2004 | January 2, 2004 | ||||||||||
ARAMARK Corporation Consolidated Sales (as reported) | $ | 2,730,233 | $ | 2,458,857 | 11 | % | |||||
Effect of Currency Translation | — | 35,242 | |||||||||
Effect of Acquisitions and Divestitures | (84,910 | ) | (2,168 | ) | |||||||
ARAMARK Corporation Consolidated Sales (as adjusted) | $ | 2,645,323 | $ | 2,491,931 | 6 | % | |||||
ARAMARK Corporation Consolidated Operating Income (as reported) | $ | 143,964 | $ | 137,421 | 5 | % | |||||
Effect of Currency Translation | — | 1,147 | |||||||||
Effect of Acquisitions and Divestitures | (3,281 | ) | (1,299 | ) | |||||||
ARAMARK Corporation Consolidated Operating Income (as adjusted) | $ | 140,683 | $ | 137,269 | 2 | % | |||||