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That figure is about 3.8 percent of its total operating income from 2000 to 2005.
Last week, the company reported record sales and operating income for 1991.
Until now, the money to open the new stores has come out of operating income.
Operating income was up 7.5 percent at its business publications.
Late Wednesday, the company reported an 83 percent increase in its operating income.
Beverage operating income was up about 12 percent for the year.
Two years earlier, those costs averaged 4.9 percent of operating income.
The land deals were made to increase the Association's operating income.
The company said tobacco had provided 65 percent of 1989 operating income.
Since operating income has increased in the past six months, the current yield is 9.3 percent.
Operating income was also up at the company's television and radio stations.
Operating income has grown at a 17 percent annual rate since 1981.
In effect, he said, such accounting "makes their operating income look higher."
For the quarter, operating income was up by half compared with the similar 1991 period.
At the company over all, operating income improved 6.1 percent in the quarter.
Those acquisitions now account for 58 percent of operating income.
The music group is the company's largest contributor to operating income.
Its operating income was down 23 percent in the period, according to Reuters.
The operating income followed two years where the team posted a loss.
Not surprisingly, operating income at some of the major music companies has dropped this past year.
Operating income was up 9 percent, to 2.18 billion euros.
Operating income in the domestic tobacco business rose 13.2 percent.
In 2011, the Group's operating income was 319 million euros.
The operating income figure is about 20 percent more than many analysts had forecast.
Its operating income was down marginally but no figures were given.