KO FY 2014 Earnings Report — The Coca-Cola Company Revenue & Financial Results | Market Cap Arena

The Coca-Cola CompanyKO

FY 2014 Earnings

Reported February 25, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$46.0B	—	$46.9B	—	-1.8%
Op. Income	$9.7B	—	$10.2B	—	-5.1%
Gross Margin	61.1%	—	60.7%	—	0.4pp
Net Margin	15.4%	—	18.3%	—	-2.9pp
EPS (Diluted)	$1.60	—	$1.90	—	-15.8%
Free Cash Flow	$8.2B	—	$8.0B	—	2.7%

Revenue Flow

Item	Amount
REVENUE	$46.0B
Cost of Revenue	$17.9B
GROSS PROFIT	$28.1B
R&D Expenses	$0
Selling & Marketing	$3.5B
General & Administrative	$13.7B
SG&A Expenses	$17.2B
Other Expenses	$1.2B
Operating Expenses	$18.4B
Cost & Expenses	$36.3B
OPERATING INCOME	$9.7B
Interest Income	$594M
Interest Expense	$483M
Other Income/Expenses	-$383M
INCOME BEFORE TAX	$9.3B
Income Tax Expense	$2.2B
Net Income from Continuing Ops	$7.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7.1B
D&A	$2.0B
EBIT	$9.8B
EBITDA	$11.8B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$46.0B
Cost of Revenue	$17.9B
GROSS PROFIT	$28.1B
R&D Expenses	$0
Selling & Marketing	$3.5B
General & Administrative	$13.7B
SG&A Expenses	$17.2B
Other Expenses	$1.2B
Operating Expenses	$18.4B
Cost & Expenses	$36.3B
OPERATING INCOME	$9.7B
Interest Income	$594M
Interest Expense	$483M
Other Income/Expenses	-$383M
INCOME BEFORE TAX	$9.3B
Income Tax Expense	$2.2B
Net Income from Continuing Ops	$7.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7.1B
D&A	$2.0B
EBIT	$9.8B
EBITDA	$11.8B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$7.1B
Depreciation & Amortization	$2.0B
Stock-Based Compensation	$209M
Deferred Income Tax	-$40M
Other Non-Cash Items	$1.8B
Change in Working Capital	-$439M
OPERATING CASH FLOW	$10.6B
Capital Expenditure	-$2.4B
Acquisitions (Net)	-$241M
Purchases of Investments	-$17.8B
Sales/Maturities of Investments	$13.0B
Other Investing Activities	-$45M
NET CASH FROM INVESTING	-$7.5B
Net Debt Issuance	$4.7B
Common Stock Repurchased	-$4.2B
Common Dividends Paid	-$5.3B
Other Financing Activities	-$363M
NET CASH FROM FINANCING	-$3.6B
FREE CASH FLOW	$8.2B
Net Change in Cash	-$1.5B

Balance Sheet

Item	Amount
Cash & Equivalents	$9.0B
Short-Term Investments	$12.7B
Net Receivables	$4.5B
Inventory	$3.1B
Other Current Assets	$679M
TOTAL CURRENT ASSETS	$33.0B
PP&E (Net)	$14.6B
Goodwill	$12.1B
Intangible Assets	$14.3B
Long-Term Investments	$13.6B
Tax Assets	$5.6B
Other Non-Current Assets	-$1.2B
TOTAL NON-CURRENT ASSETS	$59.0B
TOTAL ASSETS	$92.0B
Account Payables	$2.1B
Short-Term Debt	$22.7B
Deferred Revenue	$0
Other Current Liabilities	$5.8B
TOTAL CURRENT LIABILITIES	$32.4B
Long-Term Debt	$19.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$5.6B
Other Non-Current Liabilities	$4.4B
TOTAL NON-CURRENT LIABILITIES	$29.1B
TOTAL LIABILITIES	$61.5B
Common Stock	$1.8B
Additional Paid-In Capital	$13.2B
Retained Earnings	$63.4B
Treasury Stock	-$42.2B
Accum. Other Comp. Income	-$5.8B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$30.3B
Minority Interest	$241M
TOTAL EQUITY	$30.6B
TOTAL LIABILITIES & EQUITY	$92.0B
Total Debt	$41.7B
Net Debt	$32.8B