KO FY 2007 Earnings Report — The Coca-Cola Company Revenue & Financial Results | Market Cap Arena

The Coca-Cola CompanyKO

FY 2007 Earnings

Reported February 28, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$28.9B	—	$24.1B	—	19.8%
Op. Income	$7.3B	—	$6.3B	—	15.0%
Gross Margin	63.9%	—	66.1%	—	-2.2pp
Net Margin	20.7%	—	21.1%	—	-0.4pp
EPS (Diluted)	$1.29	—	$1.08	—	19.4%
Free Cash Flow	$5.5B	—	$4.5B	—	20.9%

Revenue Flow

Item	Amount
REVENUE	$28.9B
Cost of Revenue	$10.4B
GROSS PROFIT	$18.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$10.9B
Other Expenses	$254M
Operating Expenses	$11.2B
Cost & Expenses	$21.6B
OPERATING INCOME	$7.3B
Interest Income	$236M
Interest Expense	$456M
Other Income/Expenses	$621M
INCOME BEFORE TAX	$7.9B
Income Tax Expense	$1.9B
Net Income from Continuing Ops	$6.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$6.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$6.0B
D&A	$1.2B
EBIT	$8.3B
EBITDA	$9.5B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$28.9B
Cost of Revenue	$10.4B
GROSS PROFIT	$18.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$10.9B
Other Expenses	$254M
Operating Expenses	$11.2B
Cost & Expenses	$21.6B
OPERATING INCOME	$7.3B
Interest Income	$236M
Interest Expense	$456M
Other Income/Expenses	$621M
INCOME BEFORE TAX	$7.9B
Income Tax Expense	$1.9B
Net Income from Continuing Ops	$6.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$6.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$6.0B
D&A	$1.2B
EBIT	$8.3B
EBITDA	$9.5B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$6.0B
Depreciation & Amortization	$1.2B
Stock-Based Compensation	$0
Deferred Income Tax	$109M
Other Non-Cash Items	$313M
Change in Working Capital	$6M
OPERATING CASH FLOW	$7.2B
Capital Expenditure	-$1.6B
Acquisitions (Net)	-$5.7B
Purchases of Investments	-$99M
Sales/Maturities of Investments	$448M
Other Investing Activities	$233M
NET CASH FROM INVESTING	-$6.7B
Net Debt Issuance	$4.3B
Common Stock Repurchased	-$1.8B
Common Dividends Paid	-$3.1B
Other Financing Activities	$0
NET CASH FROM FINANCING	$973M
FREE CASH FLOW	$5.5B
Net Change in Cash	$1.7B

Balance Sheet

Item	Amount
Cash & Equivalents	$4.1B
Short-Term Investments	$215M
Net Receivables	$3.3B
Inventory	$2.2B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$12.1B
PP&E (Net)	$8.5B
Goodwill	$4.3B
Intangible Assets	$8.0B
Long-Term Investments	$488M
Tax Assets	$1.9B
Other Non-Current Assets	$8.1B
TOTAL NON-CURRENT ASSETS	$31.2B
TOTAL ASSETS	$43.3B
Account Payables	$1.4B
Short-Term Debt	$6.1B
Deferred Revenue	$0
Other Current Liabilities	$4.8B
TOTAL CURRENT LIABILITIES	$13.2B
Long-Term Debt	$3.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$1.9B
Other Non-Current Liabilities	$3.1B
TOTAL NON-CURRENT LIABILITIES	$8.3B
TOTAL LIABILITIES	$21.5B
Common Stock	$880M
Additional Paid-In Capital	$7.4B
Retained Earnings	$36.2B
Treasury Stock	-$23.4B
Accum. Other Comp. Income	$626M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$21.7B
Minority Interest	$0
TOTAL EQUITY	$21.7B
TOTAL LIABILITIES & EQUITY	$43.3B
Total Debt	$9.3B
Net Debt	$5.2B