KO FY 2015 Earnings Report — The Coca-Cola Company Revenue & Financial Results | Market Cap Arena

The Coca-Cola CompanyKO

FY 2015 Earnings

Reported February 25, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$44.3B	—	$46.0B	—	-3.7%
Op. Income	$8.7B	—	$9.7B	—	-10.1%
Gross Margin	60.5%	—	61.1%	—	-0.6pp
Net Margin	16.6%	—	15.4%	—	1.2pp
EPS (Diluted)	$1.67	—	$1.60	—	4.4%
Free Cash Flow	$8.0B	—	$8.2B	—	-2.9%

Revenue Flow

Item	Amount
REVENUE	$44.3B
Cost of Revenue	$17.5B
GROSS PROFIT	$26.8B
R&D Expenses	$0
Selling & Marketing	$4.0B
General & Administrative	$12.5B
SG&A Expenses	$16.4B
Other Expenses	$1.7B
Operating Expenses	$18.1B
Cost & Expenses	$35.6B
OPERATING INCOME	$8.7B
Interest Income	$613M
Interest Expense	$856M
Other Income/Expenses	$877M
INCOME BEFORE TAX	$9.6B
Income Tax Expense	$2.2B
Net Income from Continuing Ops	$7.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7.4B
D&A	$2.0B
EBIT	$10.5B
EBITDA	$12.4B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$44.3B
Cost of Revenue	$17.5B
GROSS PROFIT	$26.8B
R&D Expenses	$0
Selling & Marketing	$4.0B
General & Administrative	$12.5B
SG&A Expenses	$16.4B
Other Expenses	$1.7B
Operating Expenses	$18.1B
Cost & Expenses	$35.6B
OPERATING INCOME	$8.7B
Interest Income	$613M
Interest Expense	$856M
Other Income/Expenses	$877M
INCOME BEFORE TAX	$9.6B
Income Tax Expense	$2.2B
Net Income from Continuing Ops	$7.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7.4B
D&A	$2.0B
EBIT	$10.5B
EBITDA	$12.4B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$7.4B
Depreciation & Amortization	$2.0B
Stock-Based Compensation	$236M
Deferred Income Tax	$73M
Other Non-Cash Items	$1.0B
Change in Working Capital	-$157M
OPERATING CASH FLOW	$10.5B
Capital Expenditure	-$2.6B
Acquisitions (Net)	-$1.9B
Purchases of Investments	-$15.8B
Sales/Maturities of Investments	$14.1B
Other Investing Activities	$45M
NET CASH FROM INVESTING	-$6.2B
Net Debt Issuance	$2.7B
Common Stock Repurchased	-$3.6B
Common Dividends Paid	-$5.7B
Other Financing Activities	$251M
NET CASH FROM FINANCING	-$5.1B
FREE CASH FLOW	$8.0B
Net Change in Cash	-$1.6B

Balance Sheet

Item	Amount
Cash & Equivalents	$7.3B
Short-Term Investments	$12.6B
Net Receivables	$3.9B
Inventory	$2.9B
Other Current Assets	$3.9B
TOTAL CURRENT ASSETS	$33.4B
PP&E (Net)	$12.6B
Goodwill	$11.3B
Intangible Assets	$12.8B
Long-Term Investments	$15.8B
Tax Assets	$4.7B
Other Non-Current Assets	-$581M
TOTAL NON-CURRENT ASSETS	$56.6B
TOTAL ASSETS	$90.0B
Account Payables	$2.8B
Short-Term Debt	$15.8B
Deferred Revenue	$0
Other Current Liabilities	$6.3B
TOTAL CURRENT LIABILITIES	$26.9B
Long-Term Debt	$28.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$4.7B
Other Non-Current Liabilities	$4.3B
TOTAL NON-CURRENT LIABILITIES	$37.3B
TOTAL LIABILITIES	$64.2B
Common Stock	$1.8B
Additional Paid-In Capital	$14.0B
Retained Earnings	$65.0B
Treasury Stock	-$45.1B
Accum. Other Comp. Income	-$10.2B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$25.6B
Minority Interest	$210M
TOTAL EQUITY	$25.8B
TOTAL LIABILITIES & EQUITY	$90.0B
Total Debt	$44.1B
Net Debt	$36.8B