XML 77 R49.htm IDEA: XBRL DOCUMENT v3.23.1
Franchise arrangements (Tables)
12 Months Ended
Dec. 31, 2022
Franchise Arrangements [Abstract]  
Schedule of revenues from franchised restaurants
Revenues from franchised restaurants for fiscal years 2022, 2021 and 2020 consisted of:

 202220212020
Rent (i)$160,795 $115,418 $89,123 
Initial fees (ii) 401 321 203 
Royalty fees (iii)215 295 275 
Total$161,411 $116,034 $89,601 

(i)Includes rental income of own buildings and subleases. As of December 31, 2022 and 2021 the subleases rental income amounted to $132,327 and $96,756, respectively.
(ii)Presented net of initial fees owed to McDonald’s Corporation for $1,012, $739 and $493 in 2022, 2021 and 2020, respectively.
(iii)Presented net of royalties fees owed to McDonald’s Corporation for $62,360, $46,476 and $36,554 in 2022, 2021 and 2020, respectively.
Schedule of future minimum rental payments for operating leases
At December 31, 2022, future minimum rent payments due to the Company under existing franchised agreements are:
Owned sitesLeased sitesTotal
2023$5,497 $54,130 $59,627 
20244,712 46,960 51,672 
20254,732 42,995 47,727 
20264,764 38,368 43,132 
20274,639 33,348 37,987 
Thereafter36,524 155,383 191,907 
Total$60,868 $371,184 $432,052