|
|
|
|
|
|
|
|
|
|
|
%
of Unit Case Volume
|
||||||||||||||||||||||||||||||||
|
1Q05
|
2Q05
|
3Q05
|
4Q05
|
FY05
|
1Q06
|
2Q06
|
3Q06
|
4Q06
|
FY06
|
FY05
|
FY06
|
|||||||||||||||||||||||||||||||
Africa
|
10
|
8
|
6
|
1
|
6
|
(2
|
)
|
7
|
5
|
6
|
4
|
6
|
6
|
||||||||||||||||||||||||||||||
Eurasia
|
4
|
10
|
17
|
22
|
13
|
15
|
11
|
16
|
14
|
14
|
8
|
9
|
|||||||||||||||||||||||||||||||
European
Union
|
(4
|
)
|
4
|
1
|
(1
|
)
|
0
|
1
|
3
|
10
|
7
|
6
|
16
|
16
|
|||||||||||||||||||||||||||||
Latin
America
|
6
|
9
|
5
|
5
|
6
|
7
|
7
|
7
|
7
|
7
|
25
|
26
|
|||||||||||||||||||||||||||||||
North
America
|
0
|
1
|
3
|
3
|
2
|
2
|
2
|
(1
|
)
|
(2
|
)
|
0
|
28
|
27
|
|||||||||||||||||||||||||||||
Pacific
|
5
|
6
|
7
|
4
|
5
|
7
|
(2
|
)
|
1
|
0
|
1
|
17
|
16
|
||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||
Worldwide
|
3
|
5
|
5
|
4
|
4
|
5
|
4
|
5
|
4
|
4
|
100
|
100
|
|||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||
Gallon
Sales Growth Rate (2)
|
|||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||
|
1Q05
|
2Q05
|
3Q05
|
4Q05
|
FY05
|
1Q06
|
2Q06
|
3Q06
|
4Q06
|
FY06
|
|||||||||||||||||||||||||||||||||
Africa
|
5
|
11
|
7
|
4
|
7
|
2
|
8
|
6
|
(3
|
)
|
3
|
||||||||||||||||||||||||||||||||
Eurasia
|
6
|
(2
|
) |
18
|
17
|
8
|
7
|
14
|
12
|
6
|
10
|
||||||||||||||||||||||||||||||||
European
Union
|
(9
|
) |
1
|
(1
|
) |
8
|
0
|
(1
|
)
|
4
|
13
|
0
|
4
|
||||||||||||||||||||||||||||||
Latin
America
|
6
|
9
|
4
|
6
|
6
|
5
|
7
|
7
|
9
|
7
|
|||||||||||||||||||||||||||||||||
North
America
|
(2
|
) |
(2
|
) |
4
|
2
|
1
|
3
|
4
|
(2
|
)
|
(4
|
)
|
0
|
|||||||||||||||||||||||||||||
Pacific
|
3
|
2
|
2
|
2
|
2
|
4
|
(8
|
)
|
(1
|
)
|
3
|
(1
|
)
|
||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||
Worldwide
|
0
|
2
|
5
|
4
|
3
|
4
|
5
|
4
|
3
|
4
|
|||||||||||||||||||||||||||||||||
|
|
1Q05
|
2Q05
|
3Q05
|
4Q05
|
FY05
|
1Q06
|
2Q06
|
3Q06
|
4Q06
|
FY06
|
|||||||||||||||||||||
|
|||||||||||||||||||||||||||||||
Net
Operating Revenues - Third Party
|
|||||||||||||||||||||||||||||||
Africa
|
$
|
266
|
$
|
230
|
$
|
257
|
$
|
354
|
$
|
1,107
|
$
|
269
|
$
|
243
|
$
|
274
|
$
|
317
|
$
|
1,103
|
|||||||||||
Eurasia
|
126
|
209
|
173
|
142
|
650
|
158
|
270
|
203
|
160
|
791
|
|||||||||||||||||||||
European
Union
|
888
|
1,207
|
1,118
|
891
|
4,104
|
691
|
1,032
|
983
|
799
|
3,505
|
|||||||||||||||||||||
Latin
America
|
477
|
506
|
527
|
554
|
2,064
|
572
|
593
|
624
|
695
|
2,484
|
|||||||||||||||||||||
North
America
|
1,528
|
1,775
|
1,745
|
1,628
|
6,676
|
1,645
|
1,909
|
1,809
|
1,650
|
7,013
|
|||||||||||||||||||||
Pacific
|
940
|
1,130
|
1,095
|
993
|
4,158
|
869
|
1,065
|
1,108
|
948
|
3,990
|
|||||||||||||||||||||
Bottling
Investments
|
960
|
1,228
|
1,103
|
971
|
4,262
|
1,002
|
1,342
|
1,429
|
1,336
|
5,109
|
|||||||||||||||||||||
Corporate
|
21
|
25
|
19
|
18
|
83
|
20
|
22
|
24
|
27
|
93
|
|||||||||||||||||||||
|
$
|
5,206
|
$
|
6,310
|
$
|
6,037
|
$
|
5,551
|
$
|
23,104
|
$
|
5,226
|
$
|
6,476
|
$
|
6,454
|
$
|
5,932
|
$
|
24,088
|
|||||||||||
|
|||||||||||||||||||||||||||||||
Net
Operating Revenues - Intersegment
|
|||||||||||||||||||||||||||||||
Africa
|
$
|
2
|
$
|
4
|
$
|
5
|
$
|
2
|
$
|
13
|
$
|
7
|
$
|
8
|
$
|
14
|
$
|
8
|
$
|
37
|
|||||||||||
Eurasia
|
25
|
28
|
13
|
9
|
75
|
18
|
31
|
21
|
16
|
86
|
|||||||||||||||||||||
European
Union
|
211
|
225
|
196
|
175
|
807
|
182
|
229
|
245
|
203
|
859
|
|||||||||||||||||||||
Latin
America
|
18
|
19
|
20
|
37
|
94
|
31
|
29
|
30
|
42
|
132
|
|||||||||||||||||||||
North
America
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
16
|
16
|
|||||||||||||||||||||
Pacific
|
27
|
39
|
26
|
23
|
115
|
17
|
14
|
26
|
71
|
128
|
|||||||||||||||||||||
Bottling
Investments
|
-
|
-
|
-
|
-
|
-
|
12
|
27
|
35
|
15
|
89
|
|||||||||||||||||||||
|
$
|
283
|
$
|
315
|
$
|
260
|
$
|
246
|
$
|
1,104
|
$
|
267
|
$
|
338
|
$
|
371
|
$
|
371
|
$
|
1,347
|
|||||||||||
|
|||||||||||||||||||||||||||||||
Net
Operating Revenues - Total
|
|||||||||||||||||||||||||||||||
Africa
|
$
|
268
|
$
|
234
|
$
|
262
|
$
|
356
|
$
|
1,120
|
$
|
276
|
$
|
251
|
$
|
288
|
$
|
325
|
$
|
1,140
|
|||||||||||
Eurasia
|
151
|
237
|
186
|
151
|
725
|
176
|
301
|
224
|
176
|
877
|
|||||||||||||||||||||
European
Union
|
1,099
|
1,432
|
1,314
|
1,066
|
4,911
|
873
|
1,261
|
1,228
|
1,002
|
4,364
|
|||||||||||||||||||||
Latin
America
|
495
|
525
|
547
|
591
|
2,158
|
603
|
622
|
654
|
737
|
2,616
|
|||||||||||||||||||||
North
America
|
1,528
|
1,775
|
1,745
|
1,628
|
6,676
|
1,645
|
1,909
|
1,809
|
1,666
|
7,029
|
|||||||||||||||||||||
Pacific
|
967
|
1,169
|
1,121
|
1,016
|
4,273
|
886
|
1,079
|
1,134
|
1,019
|
4,118
|
|||||||||||||||||||||
Bottling
Investments
|
960
|
1,228
|
1,103
|
971
|
4,262
|
1,014
|
1,369
|
1,464
|
1,351
|
5,198
|
|||||||||||||||||||||
Corporate
|
21
|
25
|
19
|
18
|
83
|
20
|
22
|
24
|
27
|
93
|
|||||||||||||||||||||
Eliminations
|
(283
|
)
|
(315
|
)
|
(260
|
)
|
(246
|
)
|
(1,104
|
)
|
(267
|
)
|
(338
|
)
|
(371
|
)
|
(371
|
)
|
(1,347
|
)
|
|||||||||||
|
$
|
5,206
|
$
|
6,310
|
$
|
6,037
|
$
|
5,551
|
$
|
23,104
|
$
|
5,226
|
$
|
6,476
|
$
|
6,454
|
$
|
5,932
|
$
|
24,088
|
|||||||||||
|
|||||||||||||||||||||||||||||||
Operating
Income (Loss)
|
|||||||||||||||||||||||||||||||
Africa
|
$
|
90
|
$
|
75
|
$
|
96
|
$
|
135
|
$
|
396
|
$
|
103
|
$
|
87
|
$
|
97
|
$
|
137
|
$
|
424
|
|||||||||||
Eurasia
|
49
|
89
|
34
|
26
|
198
|
64
|
126
|
49
|
36
|
275
|
|||||||||||||||||||||
European
Union
|
512
|
685
|
564
|
458
|
2,219
|
455
|
687
|
632
|
480
|
2,254
|
|||||||||||||||||||||
Latin
America
|
277
|
299
|
297
|
303
|
1,176
|
349
|
346
|
353
|
390
|
1,438
|
|||||||||||||||||||||
North
America
|
313
|
460
|
414
|
366
|
1,553
|
388
|
493
|
383
|
419
|
1,683
|
|||||||||||||||||||||
Pacific
|
448
|
556
|
349
|
468
|
1,821
|
363
|
492
|
421
|
374
|
1,650
|
|||||||||||||||||||||
Bottling
Investments
|
(55
|
)
|
53
|
5
|
(40
|
)
|
(37
|
)
|
(57
|
)
|
87
|
47
|
(59
|
)
|
18
|
||||||||||||||||
Corporate
|
(275
|
)
|
(245
|
)
|
(267
|
)
|
(454
|
)
|
(1,241
|
)
|
(270
|
)
|
(279
|
)
|
(320
|
)
|
(565
|
)
|
(1,434
|
)
|
|||||||||||
|
$
|
1,359
|
$
|
1,972
|
$
|
1,492
|
$
|
1,262
|
$
|
6,085
|
$
|
1,395
|
$
|
2,039
|
$
|
1,662
|
$
|
1,212
|
$
|
6,308
|
|||||||||||
|
|||||||||||||||||||||||||||||||
Income
(Loss) Before Income Taxes
|
|||||||||||||||||||||||||||||||
Africa
|
$
|
86
|
$
|
73
|
$
|
93
|
$
|
130
|
$
|
382
|
$
|
101
|
$
|
84
|
$
|
94
|
$
|
134
|
$
|
413
|
|||||||||||
Eurasia
|
48
|
95
|
42
|
32
|
217
|
72
|
133
|
52
|
45
|
302
|
|||||||||||||||||||||
European
Union
|
514
|
685
|
566
|
460
|
2,225
|
457
|
689
|
632
|
480
|
2,258
|
|||||||||||||||||||||
Latin
America
|
276
|
298
|
298
|
303
|
1,175
|
349
|
346
|
350
|
389
|
1,434
|
|||||||||||||||||||||
North
America
|
315
|
459
|
408
|
367
|
1,549
|
388
|
492
|
383
|
418
|
1,681
|
|||||||||||||||||||||
Pacific
|
446
|
555
|
346
|
467
|
1,814
|
365
|
490
|
419
|
370
|
1,644
|
|||||||||||||||||||||
Bottling
Investments
|
34
|
299
|
182
|
75
|
590
|
18
|
330
|
253
|
(534
|
)
|
67
|
||||||||||||||||||||
Corporate
|
(271
|
)
|
(248
|
)
|
(282
|
)
|
(461
|
)
|
(1,262
|
)
|
(275
|
)
|
(173
|
)
|
(357
|
)
|
(416
|
)
|
(1,221
|
)
|
|||||||||||
|
$
|
1,448
|
$
|
2,216
|
$
|
1,653
|
$
|
1,373
|
$
|
6,690
|
$
|
1,475
|
$
|
2,391
|
$
|
1,826
|
$
|
886
|
$
|
6,578
|
|||||||||||
|
·
|
An
approximate $23 million benefit for Corporate as a result of a
noncash pretax gain on issuances of stock by
|
·
|
Charges
of approximately $3 million for Africa, $3 million for Eurasia, $3
million for European Union, $4 million for Latin America, $12 million
for
North America, $3 million for Pacific and $22 million for Corporate
as a
result of accelerated amortization of stock-based compensation expense
due
to a change in our estimated service period for retirement-eligible
participants.
|
·
|
The
receipt of approximately $42 million for Corporate related to the
settlement of a class action lawsuit concerning the purchase of high
fructose corn syrup (“HFCS”).
|
·
|
An
approximate $21 million benefit for Bottling Investments for our
proportionate share of the HFCS lawsuit settlement related to Coca-Cola
Enterprises Inc., (“CCE”).
|
·
|
Impairment
charges of approximately $85 million for Pacific and $4 million for
Bottling Investments primarily related to intangible assets (mainly
trademark beverages sold in the Philippines market).
|
·
|
A
noncash pretax charge of approximately $5 million for Bottling
Investments for our proportionate share of CCE's restructuring charges.
|
·
|
The
receipt of approximately $5 million for Corporate related to the
settlement of a class action lawsuit concerning the purchase of HFCS.
|
·
|
An
approximate $49 million charge for Bottling Investments for our
proportionate share of CCE's tax expense related to repatriation
of
previously unremitted foreign earnings under the American Jobs Creation
Act of 2004 and restructuring charges recorded by CCE, partially
offset by
changes in certain of CCE's state and provincial tax rates and additional
proceeds from CCE's HFCS lawsuit settlement.
|
·
|
An
approximate $42 million charge for Bottling Investments primarily
related
to the impairment of certain assets and investments.
|
·
|
An
approximate $3 million charge for Pacific primarily related to
restructuring costs.
|
·
|
An
approximate $9 million charge for Bottling Investments for our
proportionate share of CCE’s restructuring costs.
|
·
|
An
approximate $123 million net gain for Corporate related to the sale
of a
portion of our investment in Coca-Cola Icecek in an initial public
offering.
|
·
|
Charges
of approximately $27 million for European Union, $2 million for Pacific
and $2 million for Bottling Investments primarily related to costs
associated with production capacity efficiencies and other restructuring
costs.
|
·
|
An
approximate $21 million benefit for Bottling Investments for our
proportionate share of favorable changes in certain of CCE's state
and
Canadian federal and provincial tax rates.
|
·
|
Charges
of approximately $1 million for Africa, $7 million for European
Union, $15 million for Pacific and $16 million for Bottling Investments
primarily related to the impairment of certain intangible assets
and
investments in certain bottling operations, and costs to rationalize
production and other restructuring costs.
|
·
|
An
approximate $3 million charge for Bottling Investments for our
proportionate share of items impacting equity method investees.
|
·
|
An
approximate $615 million charge for Bottling Investments for our
proportionate share of CCE’s impairment charges and restructuring charges
recorded by other equity method investees, partially offset by changes
in
certain of CCE’s state and Canadian federal and provincial tax rates.
|
·
|
Charges
of approximately $2 million for Africa, $2 million for European
Union, $42 million for Pacific, $27 million for Bottling Investments
and
$1 million for Corporate primarily related to restructuring costs
and
asset impairments.
|
·
|
A
$100 million charge for Corporate related to a donation made to The
Coca-Cola Foundation.
|
·
|
An
approximate $175 million net gain for Corporate related to the sale
of
Coca-Cola FEMSA, S.A.B de C.V. shares.
|