KO FY 2016 Earnings Report — The Coca-Cola Company Revenue & Financial Results | Market Cap Arena

The Coca-Cola CompanyKO

FY 2016 Earnings

Reported February 24, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$41.9B	—	$44.3B	—	-5.5%
Op. Income	$8.7B	—	$8.7B	—	-0.8%
Gross Margin	60.7%	—	60.5%	—	0.1pp
Net Margin	15.6%	—	16.6%	—	-1.0pp
EPS (Diluted)	$1.49	—	$1.67	—	-10.8%
Free Cash Flow	$6.5B	—	$8.0B	—	-18.1%

Revenue Flow

Item	Amount
REVENUE	$41.9B
Cost of Revenue	$16.5B
GROSS PROFIT	$25.4B
R&D Expenses	$0
Selling & Marketing	$4.0B
General & Administrative	$11.4B
SG&A Expenses	$15.4B
Other Expenses	$1.3B
Operating Expenses	$16.7B
Cost & Expenses	$33.2B
OPERATING INCOME	$8.7B
Interest Income	$642M
Interest Expense	$733M
Other Income/Expenses	-$521M
INCOME BEFORE TAX	$8.1B
Income Tax Expense	$1.6B
Net Income from Continuing Ops	$6.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$6.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$6.5B
D&A	$1.8B
EBIT	$8.9B
EBITDA	$10.7B
EPS	$2
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$41.9B
Cost of Revenue	$16.5B
GROSS PROFIT	$25.4B
R&D Expenses	$0
Selling & Marketing	$4.0B
General & Administrative	$11.4B
SG&A Expenses	$15.4B
Other Expenses	$1.3B
Operating Expenses	$16.7B
Cost & Expenses	$33.2B
OPERATING INCOME	$8.7B
Interest Income	$642M
Interest Expense	$733M
Other Income/Expenses	-$521M
INCOME BEFORE TAX	$8.1B
Income Tax Expense	$1.6B
Net Income from Continuing Ops	$6.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$6.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$6.5B
D&A	$1.8B
EBIT	$8.9B
EBITDA	$10.7B
EPS	$2
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$6.5B
Depreciation & Amortization	$1.8B
Stock-Based Compensation	$258M
Deferred Income Tax	-$856M
Other Non-Cash Items	$1.3B
Change in Working Capital	-$221M
OPERATING CASH FLOW	$8.8B
Capital Expenditure	-$2.3B
Acquisitions (Net)	$197M
Purchases of Investments	-$15.5B
Sales/Maturities of Investments	$16.6B
Other Investing Activities	-$59M
NET CASH FROM INVESTING	-$999M
Net Debt Issuance	$1.7B
Common Stock Repurchased	-$3.7B
Common Dividends Paid	-$6.0B
Other Financing Activities	$79M
NET CASH FROM FINANCING	-$6.5B
FREE CASH FLOW	$6.5B
Net Change in Cash	$1.2B

Balance Sheet

Item	Amount
Cash & Equivalents	$8.6B
Short-Term Investments	$13.6B
Net Receivables	$3.9B
Inventory	$2.7B
Other Current Assets	$2.8B
TOTAL CURRENT ASSETS	$34.0B
PP&E (Net)	$10.6B
Goodwill	$10.6B
Intangible Assets	$10.5B
Long-Term Investments	$17.2B
Tax Assets	$3.8B
Other Non-Current Assets	$495M
TOTAL NON-CURRENT ASSETS	$53.3B
TOTAL ASSETS	$87.3B
Account Payables	$2.7B
Short-Term Debt	$16.0B
Deferred Revenue	$0
Other Current Liabilities	$6.0B
TOTAL CURRENT LIABILITIES	$26.5B
Long-Term Debt	$29.7B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$3.8B
Other Non-Current Liabilities	$4.1B
TOTAL NON-CURRENT LIABILITIES	$37.5B
TOTAL LIABILITIES	$64.0B
Common Stock	$1.8B
Additional Paid-In Capital	$15.0B
Retained Earnings	$65.5B
Treasury Stock	-$48.0B
Accum. Other Comp. Income	-$11.2B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$23.1B
Minority Interest	$158M
TOTAL EQUITY	$23.2B
TOTAL LIABILITIES & EQUITY	$87.3B
Total Debt	$45.7B
Net Debt	$37.2B