CCEP Q2 2011 Earnings Report — Coca-Cola Europacific Partners PLC Revenue & Financial Results | Market Cap Arena

Coca-Cola Europacific Partners PLCCCEP

Q2 2011 Earnings

Reported June 30, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2011	Q1 2011	Q2 2010	QoQ Change	YoY Change
Revenue	$3.1B	—	—	—	—
Op. Income	$272M	—	—	—	—
Gross Margin	35.8%	—	—	—	—
Net Margin	5.7%	—	—	—	—
EPS (Diluted)	$0.52	—	—	—	—
Free Cash Flow	-$124M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$3.1B
Cost of Revenue	$2.0B
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$824M
SG&A Expenses	$824M
Other Expenses	-$2M
Operating Expenses	$824M
Cost & Expenses	$2.8B
OPERATING INCOME	$272M
Interest Income	$0
Interest Expense	$32M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$239M
Income Tax Expense	$63M
Net Income from Continuing Ops	$0
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$176M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$176M
D&A	$129M
EBIT	$272M
EBITDA	$400M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$3.1B
Cost of Revenue	$2.0B
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$824M
SG&A Expenses	$824M
Other Expenses	-$2M
Operating Expenses	$824M
Cost & Expenses	$2.8B
OPERATING INCOME	$272M
Interest Income	$0
Interest Expense	$32M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$239M
Income Tax Expense	$63M
Net Income from Continuing Ops	$0
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$176M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$176M
D&A	$129M
EBIT	$272M
EBITDA	$400M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$176M
Depreciation & Amortization	$129M
Stock-Based Compensation	$0
Deferred Income Tax	-$71M
Other Non-Cash Items	$176M
Change in Working Capital	-$214M
OPERATING CASH FLOW	$13M
Capital Expenditure	-$138M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$138M
Net Debt Issuance	$0
Common Stock Repurchased	-$332M
Common Dividends Paid	$0
Other Financing Activities	$743M
NET CASH FROM FINANCING	$103M
FREE CASH FLOW	-$124M
Net Change in Cash	$0

Balance Sheet

Item	Amount
Cash & Equivalents	$327M
Short-Term Investments	$0
Net Receivables	$1.4B
Inventory	$391M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.3B
PP&E (Net)	$1.9B
Goodwill	$112M
Intangible Assets	$3.3B
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$250M
TOTAL NON-CURRENT ASSETS	$5.5B
TOTAL ASSETS	$7.7B
Account Payables	$1.5B
Short-Term Debt	$151M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$1.7B
Long-Term Debt	$2.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$1.1B
Other Non-Current Liabilities	$163M
TOTAL NON-CURRENT LIABILITIES	$3.4B
TOTAL LIABILITIES	$5.1B
Common Stock	$3M
Additional Paid-In Capital	$3.0B
Retained Earnings	$263M
Treasury Stock	-$494M
Accum. Other Comp. Income	-$104M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.6B
Minority Interest	$0
TOTAL EQUITY	$2.6B
TOTAL LIABILITIES & EQUITY	$7.7B
Total Debt	$2.2B
Net Debt	$1.9B