P.F.Chang'sChinaBistro,Inc.

ReturnonInvestedCapital
Fiscal2010

Total
Owned
Bistro

Total
Owned
PeiWei

Total
PFCB

Consolidated

Restaurants Restaurants Restaurants

Numberofunits
Salesweeks
Averageweeklysales

201 168 369

10,326 8,702 19,028
89,989 35,632 65,130

Revenues
Totalrestaurantoperatingcosts
Generalandadministrative
Depreciation&amortization
Interestexpenseandother
Preopening
Income(loss)beforeminorityinterests

929,227
755,521

53,229
(59)
1,463
119,073

Rentexpense
Interestexpenseandother
PreopeningAdjustment
Restaurantincome+Rent+Interest

32,451
15,390
47,841
(59) (65) (123)
0 (128) (127)
151,466
45,246
196,712

Averagerestaurantassetsemployed
Presentvalueofremainingleaseobligations
Totalrestaurantinvestedcapital

260,957 67,645 328,602

146,804 77,729 224,533
407,761
145,374
553,135

Restaurantreturnoninvestedcapital

37.1%

310,073
261,211

18,558
(65)
321
30,048

31.1%

1,239,300
1,016,732

71,787
(123)
1,784
149,121

Total
PFCB
Support

Total
PFCB

/Other(1)

Inc.
369
19,028
65,314

3,499
(0)
81,883
5,699
695
192
(84,971)

1,242,799
1,016,732
81,883
77,486
572
1,976
64,150

35.6%

TotalOwned
BistroUnitsOpenedin

P.F.Chang'sChinaBistro

Pre2001

2001

2002

2003

2004

2005

Bistro
2006

2007

2008

2009

2010

Restaurants

Numberofunits
Salesweeks
Averageweeklysales

51 13 14 18 18 18 20 20 17 8 4 201
2,652 676 728 936 936 936 1,040 1,040 884 416 82 10,326
102,851 95,854 88,681 96,404 79,856 80,092 83,160 86,546 77,509 82,139 97,337 89,989

Revenues
Totalrestaurantoperatingcosts
Depreciation&amortization
Interestexpenseandother
Preopening
Income(loss)beforeminorityinterests
Rentexpense
Interestexpenseandother
PreopeningAdjustment
Restaurantincome+Rent+Interest

272,760
272 760
220,247
13,229
(13)
(7)
39,305
11,021
(13)

50,312

Averagerestaurantassetsemployed
Presentvalueofremainingleaseobligations
Totalrestaurantinvestedcapital

35,000 13,139 11,236 21,627 20,515 28,867 38,882 46,460 33,462 9,905 1,865 260,957
38,681 10,710 9,406 8,914 10,848 11,997 15,056 16,724 13,537 9,385 1,546 146,804
73,680 23,849 20,642 30,540 31,363 40,864 53,938 63,184 47,000 19,290 3,411 407,761

Restaurantreturnoninvestedcapital

68.3%

64,797
64 797
52,332
2,796
(7)

9,677
2,301
(7)

11,971

50.2%

64,560
64 560
51,412
2,468
(2)

10,682
2,330
(2)

13,010

63.0%

90,234
90 234
71,773
4,259
(11)

14,214
2,581
(11)

16,784

55.0%

74,745
74 745
63,362
4,876
(6)
0
6,513
2,344
(6)

8,851

28.2%

74,966
74 966
61,004
4,909
(13)
2
9,064
2,479
(13)

11,531

28.2%

86,487
86 487
70,866
6,005
(5)

9,621
2,909
(5)

12,524

23.2%

90,008
90 008
73,031
6,760

3
10,213
3,049

13,263

21.0%

68,518
68 518
56,115
5,445

0
6,958
2,002

8,960

19.1%

34,170
34 170
28,394
2,072

15
3,688
1,049

4,737

7,982
7 982
6,984
410

1,449
(862)
385

0
(476)

24.6%

14.0%

Pre2002

2002

2003

2004

2005

2006

37.1%

TotalOwned
PeiWei

PeiWeiUnitsOpenedin

PeiWeiAsianDiner

929,227
929 227
755,520
53,229
(59)
1,463
119,073
32,451
(59)
0
151,466

2007

2008

2009

2010

Restaurants

Numberofunits
Salesweeks
Averageweeklysales

5 11 17 19 23 27 32 25 7 2 168
260 572 884 988 1,196 1,404 1,664 1,300 364 70 8,702
40,179 36,731 38,437 39,456 36,624 36,942 32,682 31,526 32,754 38,505
35,632

Revenues
Totalrestaurantoperatingcosts
Depreciation&amortization
Interestexpenseandother
Preopening
Income(loss)beforeminorityinterests
Rentexpense
Interestexpenseandother
PreopeningAdjustment
Restaurantincome+Rent+Interest

10,447
8,754
392

1,301
555

1,856

Averagerestaurantassetsemployed
Presentvalueofremainingleaseobligations
TotalWeightedrestaurantinvestedcapital

346 1,175 3,356 4,807 7,938 12,116 17,524 14,847 4,507 1,030 67,645
999 2,295 4,929 6,449 10,022 12,442 18,144 16,770 4,640 1,040 77,729
1,345 3,470 8,285 11,256 17,960 24,558 35,667 31,617 9,147 2,070 145,374

Restaurantreturnoninvestedcapital

138.0%

21,010
17,345
914

2,751
975

3,727

107.4%

33,979
27,958
1,651
(9)

4,379
1,638
(9)

6,009

72.5%

38,983
31,855
2,088
(31)

5,071
1,690
(31)

6,730

59.8%

43,803
36,690
2,687
(8)

4,434
1,987
(8)

6,413

35.7%

51,867
43,147
3,203
(8)

5,525
2,215
(8)

7,732

31.5%

54,383
46,931
3,727
(5)

3,730
3,037
(5)

6,762

19.0%

40,984
35,590
2,955
(4)
(4)
2,448
2,510
(4)

4,954

15.7%

11,922
10,459
793

49
621
632

1,253

2,695
2,483
150

276
(213)
151

(128)
(190)

13.7%

(1)Support/Otherincludesgeneral&administrativeexpensesrelatedtosupportingtheCompanyaswellasnonrestaurantdepreciation&amortizationandinterestexpense&otherexpenses.
ThesecostsarenotspecificallyidentifiabletoindividualbusinessunitsandrelatedtosupportofbothrestaurantconceptsandtheextensionoftheCompany'sbrandsintointernationalmarkets
andretailproducts.Additionally,revenuesfromGlobalBrandDevelopmentarepresentedhere.

9.2%

310,073
261,211
18,558
(65)
321
30,048
15,390
(65)
(128)
45,246

31.1%