1. Does the data in case Exhibit 5 indicate that Costcos expansion outside North America (the U.S. and Canada) is financially successful? Why or why not?

Fiscal Years 20052009 ($ millions) U.S. Operations Canadian Operations Other International Operations Total $56,548 1,273 904 406 $9,737 354 135 $5,137 150 211 $71,442 1,777 1,250 527 77 44 $56,903 1,393 1,190 398 $10,528 420 246 75 $5,052 156 163 39 $72,483 1,969 1,599 512 Year Ended August 30, 2009 Total revenue (including membership fees) Operating income Capital expenditures Number of warehouses Year Ended August 31, 2008 Total revenue (including membership fees) Operating income Capital expenditures Number of warehouses Year Ended September 2, 2007 Total revenue (including membership fees) Operating income Capital expenditures Number of warehouses Year Ended September 3, 2006 Total revenue (including membership fees) Operating income Capital expenditures Number of warehouses Year Ended August 28, 2005 Total revenue (including membership fees) Operating income Capital expenditures Number of warehouses $51,532 1,217 1,104 $4,144 105 $8,724 287 207 71 $64,400 1,609 1,386 488 74 383 34 $48,466 1,246 934 $8,122 293 $3,564 87 $60,151 1,626 1,213 458 188 90 32 358 68 $43,064 1,168 734 338 $6,732 242 140 $3,155 65 122 $52,952 1,474 995 433 65 30 Note: The dollar numbers shown for "Other" countries represent only Costco's ownership share, since all foreign operations were joint ventures (although Costco was the majority owner of these ventures); the 32 warehouses operated by Costco Mexico (33 warehouses as of 2009) in which Costco was only a 50% joint venture partner are not included in the data for the "Other" countries. Source: Costco, 10-K reports, 2009 and 2007