4 Company's figure Cash flow Their expanding business Operating Cash Flow Capital Expenditures (in Millions) Lot of stores opened (2011:1482012398 Cash from Operations Capital Expenditures 1705 51750 51,612 s1.389 Very good fund-raising 51,259 g985 5856 s532 s446 441 2008 2009 2010 2011 2012 Starbucks Corporation Fiscal 2012 Annual Report14 Their expanding business Cash flow Lot of stores opened (2011:148 2012:398) Very good fund-raising 4 Company’s figure Starbucks Corporation Fiscal 2012 Annual Report