G0591-X Rev Lettershareen.Indd
2007 Letter to Shareholders All fi nancial results throughout this document are expressed in Canadian dollars Safe Harbour unless specifi cally noted. All statements in this shareholder letter related Overview to the Company’s 2006 fi nancial results and 2007 outlook are qualifi ed in their entirety by the more Tim Hortons Inc. is one of North America’s largest quick service restaurant chains. detailed information provided in the Company’s Founded in 1964 as a coffee and donut shop, Tim Hortons has evolved to meet consumer Annual Report on Form 10-K, which is included tastes, with a menu that now includes premium coffee, fl avoured cappuccinos, specialty in the annual mailing to shareholders and also teas, home-style soups, fresh sandwiches and fresh baked goods. can be accessed at www.timhortons.com, www. sec.gov, or www.sedar.com. Certain information Years in Operation: 43 Revenue ($ millions) in this shareholder letter, particularly information $1,660 regarding future economic performance and First Restaurant: 1964, Hamilton, Ontario $1,482 fi nances, plans, expectations, and objectives The Annual First Location in U.S.: 1984, Tonawanda, New York $1,338 of management, is forward-looking. Report on Form 10-K includes a description of Total Restaurants Canada and U.S. 2006: 3,047 risks that may affect the Company’s future plans $1,172 Canada: 2,711, Franchised: 99% and fi nancial performance. Readers are strongly U.S.: 336, Franchised: 82% $1,060 recommended to read the risk factors outlined $926 Ticker Symbol: THI in the Form 10-K. These risks could affect the (New York Stock Exchange Company’s actual results and cause such results and Toronto Stock Exchange) to differ materially from those expressed in forward-looking statements set forth in this IPO: March 24, 2006 2001 2002 2003 2004 2005 2006 shareholder letter.
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