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ARAMARK CORPORATION AND SUBSIDIARIES
                                                              RECONCILIATION OF NON-GAAP MEASURES
                                                                        ORGANIC GROWTH
                                                                            (Unaudited)
                                                                           (In thousands)




Management believes that presentation of organic sales growth in the fiscal 2004 and 2003 second quarter and six-month periods, as adjusted to eliminate the effects of
acquisitions, divestitures, the forward shift in our fiscal calendar (fiscal 2003 was a 53 week year) 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. The fiscal calendar shift adjustment is made since fiscal 2003 was a 53 week year, resulting in fiscal 2004
starting one week later than normal. This results in a lack of service day comparability in the Education sector when comparing quarterly operating results between fiscal years.
Adjusting sales for this difference in the fiscal calendar enhances comparability between the quarterly and year-to-date periods.


                                                                                                                                   Three Months Ended                         %                      Six Months Ended               %
                                                                                                                        April 2, 2004            March 28, 2003             Change       April 2, 2004           March 28, 2003   Change


ARAMARK Corporation Consolidated Sales (as reported)                                                                $       2,517,529             $     2,243,306                        $   4,976,386          $    4,519,246
                                                                                                                                                                                 12%                                                 10%
 Effect of Calendar Shift                                                                                                     (33,000)                        -                                  7,000                     -
 Effect of Currency Translation                                                                                                   -                        50,706                                  -                    98,295
 Effect of Acquisitions and Divestitures                                                                                      (49,498)                    (12,116)                            (143,938)                (12,116)
ARAMARK Corporation Consolidated Sales (as adjusted)                                                                $       2,435,031             $     2,281,896                        $   4,839,448          $    4,605,425
                                                                                                                                                                                   7%                                                 5%




Food and Support Services - United States - Sales (as reported)                                                     $       1,673,837             $     1,533,074                 9%
 Effect of Calendar Shift                                                                                                     (33,000)                        -
 Effect of Acquisitions and Divestitures                                                                                       (9,230)                    (10,002)
Food and Support Services - United States - Sales (as adjusted)                                                     $       1,631,607             $     1,523,072                 7%




Food and Support Services - International - Sales (as reported)                                                     $         474,902             $       353,827                34%
 Effect of Currency Translation                                                                                                   -                        50,706
Food and Support Services - International - Sales, Excluding Translation                                                      474,902                     404,533                17%
 Effect of Acquisitions                                                                                                       (35,318)                        -
Food and Support Services - International - Sales (as adjusted)                                                     $         439,584             $       404,533                 9%




Food and Support Services - International - Operating Income (as reported)                                          $          23,075             $        17,113                35%
 Effect of Currency Translation                                                                                                   -                         2,569
Food and Support Services - International - Operating Income, Excluding Translation                                 $          23,075             $        19,682                17%

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RSA Conference Exhibitor List 2024 - Exhibitors Data
 

rmk_051104organic

  • 1. ARAMARK CORPORATION AND SUBSIDIARIES RECONCILIATION OF NON-GAAP MEASURES ORGANIC GROWTH (Unaudited) (In thousands) Management believes that presentation of organic sales growth in the fiscal 2004 and 2003 second quarter and six-month periods, as adjusted to eliminate the effects of acquisitions, divestitures, the forward shift in our fiscal calendar (fiscal 2003 was a 53 week year) 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. The fiscal calendar shift adjustment is made since fiscal 2003 was a 53 week year, resulting in fiscal 2004 starting one week later than normal. This results in a lack of service day comparability in the Education sector when comparing quarterly operating results between fiscal years. Adjusting sales for this difference in the fiscal calendar enhances comparability between the quarterly and year-to-date periods. Three Months Ended % Six Months Ended % April 2, 2004 March 28, 2003 Change April 2, 2004 March 28, 2003 Change ARAMARK Corporation Consolidated Sales (as reported) $ 2,517,529 $ 2,243,306 $ 4,976,386 $ 4,519,246 12% 10% Effect of Calendar Shift (33,000) - 7,000 - Effect of Currency Translation - 50,706 - 98,295 Effect of Acquisitions and Divestitures (49,498) (12,116) (143,938) (12,116) ARAMARK Corporation Consolidated Sales (as adjusted) $ 2,435,031 $ 2,281,896 $ 4,839,448 $ 4,605,425 7% 5% Food and Support Services - United States - Sales (as reported) $ 1,673,837 $ 1,533,074 9% Effect of Calendar Shift (33,000) - Effect of Acquisitions and Divestitures (9,230) (10,002) Food and Support Services - United States - Sales (as adjusted) $ 1,631,607 $ 1,523,072 7% Food and Support Services - International - Sales (as reported) $ 474,902 $ 353,827 34% Effect of Currency Translation - 50,706 Food and Support Services - International - Sales, Excluding Translation 474,902 404,533 17% Effect of Acquisitions (35,318) - Food and Support Services - International - Sales (as adjusted) $ 439,584 $ 404,533 9% Food and Support Services - International - Operating Income (as reported) $ 23,075 $ 17,113 35% Effect of Currency Translation - 2,569 Food and Support Services - International - Operating Income, Excluding Translation $ 23,075 $ 19,682 17%