Coca cola company annual report 2013. Mexican Coke 2022-12-26
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The Coca-Cola Company's 2013 annual report highlights the company's continued success and growth in the global marketplace.
One key area of focus for the company in 2013 was sustainability. The Coca-Cola Company set a goal to replenish all the water it uses in its finished beverages and their production by 2020, and in 2013, the company replenished approximately 57% of the water it used. The company also invested in water conservation and treatment technologies, as well as water stewardship programs in local communities.
In addition to its efforts in water sustainability, the Coca-Cola Company also made progress in reducing its carbon footprint. The company set a goal to reduce the carbon dioxide emissions from its production by 25% by 2020, and in 2013, the company reduced its carbon dioxide emissions by 16%. The company also invested in renewable energy sources, such as solar and wind power, to help reduce its reliance on fossil fuels.
The Coca-Cola Company's 2013 annual report also highlights the company's strong financial performance. The company's net operating revenues increased by 5% in 2013, and the company saw growth in all of its operating segments. The company's global volume also increased by 3%, with particular growth in emerging markets.
In addition to its financial performance, the Coca-Cola Company also continued to invest in its brands and marketing efforts. The company introduced new products, such as Coca-Cola Life and Dasani Drops, and increased its investment in digital marketing. The company also increased its efforts to engage with consumers through social media and other digital platforms.
Overall, the Coca-Cola Company's 2013 annual report demonstrates the company's strong commitment to sustainability, financial performance, and brand innovation. The company's efforts in these areas have contributed to its continued success in the global marketplace.
Annual Report Analysis The Coca Cola Company
Also, the report indicates that the company aims at offering the people the best portfolio which entails beverage brands which will satisfy and anticipate the needs and the desires of the people. Although the Company paid this premium to obtain specific rights that have an economic and strategic value to the Company, they do not qualify as an asset and were therefore expensed on the acquisition date. On the other side, the firm introduced sparkling cocktails to complement the syrups. The objective target the markets in the United States and other countries who value the need for ending unemployment while taking care of the environment. This document was filed in accordance with Rule 5250 d of the Nasdaq Listing Rules and includes CCEP's audited results for the year ended 31 December 2021. By the year ended December 31, 2011, the company succeeded in acquiring Great Plains Coca-Cola Bottling Company in the United States and the remaining interest the company had on Honest Tea, Inc. The Coca-Cola Company claims that the beverage is sold in more than 200 countries.
Comparable currency neutral operating income declined 1% for the full year, reflecting the decline in volume. Click the button below to request a report when hardcopies become available. The Coca-Cola Company undertakes no obligation to publicly update or revise any forward-looking statements. Excluding the impact of structural changes, comparable currency neutral operating income increased 6%. Reported operating income decreased 4%, reflecting a 6% currency headwind, a 4% unfavorable impact due to the structural changes referenced above, as well as the effect of items impacting comparability. Basic net income per share and diluted net income per share are calculated based on net income attributable to shareowners of The Coca-Cola Company.
Annual Report Analysis By: Lyndsey St. Certain growth rates may not recalculate using the rounded dollar amounts provided. The company has a history of acquisitions and still continues to do so until today. Excluding the impact of structural changes, comparable currency neutral operating income grew 6% for the full year, in line with our long-term growth target, and 6% for the fourth quarter. This charge was due to the deferral of the revenue and corresponding gross profit associated with the intercompany portion of our concentrate sales to CCEJ and the newly combined Brazilian bottling operations until the finished beverage products made from those concentrates are sold to a third party. The company is best known for its flagship product Coca-Cola, invented by pharmacist John Stith Pemberton in 1886.
In addition, we provide the impact that changes in foreign currency exchange rates had on our financial results "currency neutral". Currency exchange rates are expected to have an unfavorable impact on our reported results in 2014. Shipping Information Please fill out the form below and click "Place Order" to complete your order. Certain growth rates may not recalculate using the rounded dollar amounts provided. This transaction was completed in January 2013. This performance underscores our ability to generate sound financial results even in a challenging year. However, management believes that certain non-GAAP financial measures provide users with additional meaningful financial information that should be considered when assessing our ongoing performance.
Sparkling beverage volume growth was up low single digits in the quarter, led by brand Coca-Cola and Sprite, both up 2%. Adding to the nostalgia factor, the Mexican Coca-Cola bottle does not have a twist-off cap as American glass and plastic bottles do. Excluding the impact of structural changes, comparable currency neutral operating income increased 6%, in line with our long-term target, reflecting volume growth, continued investments around the world in the health and strength of our brands and the efficient management of operating expenses. Apart from the famous Coke brand, the company produces over 613 beverages ranging from carbonated drinks to non carbonated drinks, sport drinks to water. THE COCA-COLA COMPANY AND SUBSIDIARIES Reconciliation of GAAP and Non-GAAP Financial Measures UNAUDITED Currency Neutral Management evaluates the operating performance of our Company and our international subsidiaries on a currency neutral basis.
For instance, the women empowerment at the company that is encompassed in the Employee Engagement program at Coca-Cola offers the women with skills and knowledge the opportunity to make use of their services at the company Corporate Sustainability Report Coca-Cola GB, 2017. Excluding the impact of structural changes, comparable currency neutral net revenues grew 3% for the full year and 4% for the fourth quarter. The following table presents selected financial information of our company. Excluding the impact of the structural changes referenced above, comparable currency neutral net revenues grew 3%. During the ongoing COVID-19 pandemic, the risk framework has allowed us to respond rapidly to a continuously changing environment. And while our business was not immune to these pressures leading to moderated global volume growth, we delivered sound financial results in line with our long-term profit targets and gained global value share in total nonalcoholic ready-to-drink beverages as well as global volume and value share in core sparkling and still beverages for the year. A replay in downloadable MP3 format and a transcript of the call will also be available within 24 hours after the audiocast on our website.
This premium was expensed on the acquisition date. Our China and India businesses both grew slower than in recent years amidst slowing economic environments, but saw stronger performance in the second half of the year due to a focus on execution and normalized weather. . Summary of Full-Year 2013 Financial Performance Reported net revenues declined 2%. These charges were related to the integration of our German bottling and distribution operations as well as other restructuring initiatives outside the scope of the Company's productivity and reinvestment program. Reported operating income decreased 5%, reflecting a 4% currency headwind, a 2% unfavorable impact due to the structural changes referenced above, as well as the effect of items impacting comparability.
The selected financial information contained herein is presented on a consolidated basis, and is not necessarily indicative of our financial position or results at or for any future date or period. This has resulted in the creation of the One Risk Office a forum to exchange information between all second and third line of defence teams , which helps us to manage risks and respond rapidly through established processes like incident management, business continuity plans and risk transfer mechanisms. CCEP's enterprise risk management framework looks at risks we face and how we can capitalise on opportunities. See Note 3 to our consolidated financial statements for our significant accounting policies. THE COCA-COLA COMPANY AND SUBSIDIARIES Reconciliation of GAAP and Non-GAAP Financial Measures UNAUDITED The Company reports its financial results in accordance with accounting principles generally accepted in the United States "GAAP" or referred to herein as "reported".
Retrieved September 12, 2022. Economic Nondesignated Hedges The Company uses derivatives as economic hedges to mitigate the price risk associated with the purchase of materials used in the manufacturing process as well as the purchase of vehicle fuel. The primary components of the incremental productivity goal will consist of i expanded savings through global supply chain optimization as well as data and information technology system standardization, which will be reinvested in global brand-building initiatives with an emphasis on increased media spending, and ii improved effectiveness of our marketing investments by transforming our marketing and commercial model to redeploy into more consumer-facing marketing investments to generate the highest possible return and accelerate growth. All of us at The Coca-Cola Company remain resolute in our commitment to deliver results in line with our long-term growth model and 2020 Vision for sustainable value and success. These impairments were primarily due to a strategic decision to phase out certain local-market value brands which resulted in a change in the expected useful life of the intangible assets. Beverage Partners Worldwide and License Agreement with Nestlé S.
The financial report of CSL presented a true and fair view of the financial position. December 31, 2013 December 31, 2012 % Fav. Based on current spot rates, our existing hedge positions, and the cycling of our prior year rates, we estimate currency to be an approximate 7% headwind on our full-year operating income, and an approximate 10% headwind on first quarter operating income. First bottle of coke was sold 120 years ago on May 8, 1886 in Atlanta, Georgia. We combine the strength and scale of a large, multi-national business with an expert, local knowledge of the customers we serve and communities we support. For more information about CCEP, please visit APPENDIX A - PRINCIPAL RISKS AND UNCERTAINTIES Our approach to risk The Board has overall responsibility for risk management at CCEP.
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