Common Size Income Statement
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Common Size Income Statement document sample
Document Sample


CONSOLIDATED STATEMENTS OF INCOME (USD $)
12
Months
Ended
Dec. 31,
2009
In Millions, except Per Share data
NET OPERATING REVENUES $30,990
Cost of goods sold 11,088
GROSS PROFIT 19,902
Selling, general and administrative expenses 11,358
Other operating charges 313
OPERATING INCOME 8,231
Interest income 249
Interest expense 355
Equity income (loss) - net 781
Other income (loss) - net 40
INCOME BEFORE INCOME TAXES 8,946
Income taxes 2,040
CONSOLIDATED NET INCOME 6,906
Less: Net income attributable to noncontrolling interests 82
NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY $6,824
12 12
Months Months
Ended Ended
Dec. 31, Dec. 31,
2008 2007
$31,944 $28,857
11,374 10,406
20,570 18,451
11,774 10,945
350 254
8,446 7,252
333 236
438 456
(874) 668
39 219
7,506 7,919
1,632 1,892
5,874 6,027
67 46
$5,807 $5,981
CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31,
2009
In Millions
CURRENT ASSETS
Cash and cash equivalents $7,021
Short-term investments 2,130
TOTAL CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS 9,151
Marketable securities 62
Trade accounts receivable, less allowances of $55 and $51, respectively 3,758
Inventories 2,354
Prepaid expenses and other assets 2,226
TOTAL CURRENT ASSETS 17,551
EQUITY METHOD INVESTMENTS 6,217
OTHER INVESTMENTS, PRINCIPALLY BOTTLING COMPANIES 538
OTHER ASSETS 1,976
PROPERTY, PLANT AND EQUIPMENT - net 9,561
TRADEMARKS WITH INDEFINITE LIVES 6,183
GOODWILL 4,224
OTHER INTANGIBLE ASSETS 2,421
TOTAL ASSETS 48,671
CURRENT LIABILITIES
Accounts payable and accrued expenses 6,657
Loans and notes payable 6,749
Current maturities of long-term debt 51
Accrued income taxes 264
TOTAL CURRENT LIABILITIES 13,721
LONG-TERM DEBT 5,059
OTHER LIABILITIES 2,965
DEFERRED INCOME TAXES 1,580
THE COCA-COLA COMPANY SHAREOWNERS' EQUITY
Common stock, $0.25 par value; Authorized - 5,600 shares; Issued - 3,520 and
3,519 shares, respectively 880
Capital surplus 8,537
Reinvested earnings 41,537
Accumulated other comprehensive income (loss) (757)
Treasury stock, at cost - 1,217 and 1,207 shares, respectively (25,398)
EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY 24,799
EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS 547
TOTAL EQUITY 25,346
TOTAL LIABILITIES AND EQUITY $48,671
Dec. 31,
2008
$4,701
4,701
278
3,090
2,187
1,920
12,176
5,316
463
1,733
8,326
6,059
4,029
2,417
40,519
6,205
6,066
465
252
12,988
2,781
3,011
877
880
7,966
38,513
(2,674)
(24,213)
20,472
390
20,862
$40,519
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