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Annual Report 2009

Financial Highlights

CEO Letter to Shareholders

Letter from the Chairman

Financial Report

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McDonald’s Corporation Annual Report 2009

INTRO

Table of Contents

Financial Highlights

CEO Letter to Shareholders
Letter from the Chairman

Financial Report

Financial Highlights

McDonald’s Corporation Annual Report 2009

CEO Letter to Shareholders

Letter from the Chairman

Financial Report
INTRO

2009 Highlights:
Comparable Sales Growth

3.8 9
$ %

%

Earnings Per Share Growth

Total Cash Returned to Shareholders 2007—2009

16.6

Billion

Financial Highlights

McDonald’s Corporation Annual Report 2009

CEO Letter to Shareholders

Letter from the Chairman

Financial Report

1 of 4

To Our Valued Shareholders:

To state the obvious, 2009 was a tumultuous year economically.
Despite this tough environment, McDonald’s delivered another exceptional year of growth, posting strong sales and increased market share around the world. In 2009, global comparable sales increased 3.8 percent, fueled by solid gains in the United States (+2.6 percent), Europe (+5.2 percent), Asia/Pacific, Middle East and Africa (+3.4 percent), Latin America (+5.3 percent) and Canada (+5.8 percent). Earnings per share for the year increased 9 percent to $4.11 (13 percent in constant currencies), while consolidated operating income increased 6 percent (10 percent in constant currencies). We also returned $5.1 billion to shareholders through share repurchases and dividends paid, bringing our three-year cash return total to $16.6 billion—notably at the high end of our stated target of $15 to $17 billion for the years 2007 through

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