CCEP FY 2011 Earnings Report — Coca-Cola Europacific Partners PLC Revenue & Financial Results | Market Cap Arena

Coca-Cola Europacific Partners PLCCCEP

FY 2011 Earnings

Reported December 30, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$7.5B	—	$5.9B	—	26.6%
Op. Income	$933M	—	$713M	—	30.9%
Gross Margin	36.6%	—	36.9%	—	-0.4pp
Net Margin	9.0%	—	9.3%	—	-0.3pp
EPS (Diluted)	$2.07	—	$1.62	—	28.3%
Free Cash Flow	$439M	—	$470M	—	-6.6%

Revenue Flow

Item	Amount
REVENUE	$7.5B
Cost of Revenue	$4.7B
GROSS PROFIT	$2.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.8B
SG&A Expenses	$1.8B
Other Expenses	$0
Operating Expenses	$1.8B
Cost & Expenses	$6.6B
OPERATING INCOME	$933M
Interest Income	$0
Interest Expense	$77M
Other Income/Expenses	-$80M
INCOME BEFORE TAX	$854M
Income Tax Expense	$177M
Net Income from Continuing Ops	$677M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$677M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$677M
D&A	$290M
EBIT	$931M
EBITDA	$1.2B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$7.5B
Cost of Revenue	$4.7B
GROSS PROFIT	$2.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.8B
SG&A Expenses	$1.8B
Other Expenses	$0
Operating Expenses	$1.8B
Cost & Expenses	$6.6B
OPERATING INCOME	$933M
Interest Income	$0
Interest Expense	$77M
Other Income/Expenses	-$80M
INCOME BEFORE TAX	$854M
Income Tax Expense	$177M
Net Income from Continuing Ops	$677M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$677M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$677M
D&A	$290M
EBIT	$931M
EBITDA	$1.2B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$677M
Depreciation & Amortization	$290M
Stock-Based Compensation	$39M
Deferred Income Tax	-$109M
Other Non-Cash Items	$677M
Change in Working Capital	-$57M
OPERATING CASH FLOW	$779M
Capital Expenditure	-$340M
Acquisitions (Net)	-$903.5K
Purchases of Investments	$4M
Sales/Maturities of Investments	$20M
Other Investing Activities	-$7M
NET CASH FROM INVESTING	-$324M
Net Debt Issuance	$674M
Common Stock Repurchased	-$723M
Common Dividends Paid	-$146M
Other Financing Activities	$79M
NET CASH FROM FINANCING	-$117M
FREE CASH FLOW	$439M
Net Change in Cash	$328M

Balance Sheet

Item	Amount
Cash & Equivalents	$618M
Short-Term Investments	$0
Net Receivables	$1.3B
Inventory	$364M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.4B
PP&E (Net)	$2.0B
Goodwill	$112M
Intangible Assets	$3.4B
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$256M
TOTAL NON-CURRENT ASSETS	$5.8B
TOTAL ASSETS	$8.2B
Account Payables	$427M
Short-Term Debt	$14M
Deferred Revenue	$0
Other Current Liabilities	$324M
TOTAL CURRENT LIABILITIES	$1.7B
Long-Term Debt	$2.7B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$1.1B
Other Non-Current Liabilities	$145M
TOTAL NON-CURRENT LIABILITIES	$3.9B
TOTAL LIABILITIES	$5.6B
Common Stock	$3M
Additional Paid-In Capital	$3.4B
Retained Earnings	$576M
Treasury Stock	-$916M
Accum. Other Comp. Income	-$427M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.6B
Minority Interest	$0
TOTAL EQUITY	$2.6B
TOTAL LIABILITIES & EQUITY	$8.2B
Total Debt	$2.7B
Net Debt	$2.1B