More Related Content Similar to 2 Pepsi Co (20) 2 Pepsi Co3. VISION Focus on environmental stewardship, activities that benefit society, and a commitment to build shareholder value by making PepsiCo a truly sustainable company. 8. FINANCIAL HIGHLIGHTS 2008 2007 Chg Summary of Operations Total net revenue $ 43,251 $ 39,474 10 % Core division operating profit $ 8,475 $ 8,025 6 % Core total operating profit $ 7,824 $ 7,253 8 % Core net income $ 5,887 $ 5,587 5 % Core earnings per share $ 3.68 $ 3.37 9 % Other Data Management operating cash flow $ 4,651 $ 4,551 2 % Net cash provided by operating activities $ 6,999 $ 6,934 1 % Capital spending $ 2,446 $ 2,430 1 % Common share repurchases $ 4,720 $ 4,300 10 % Dividends paid $ 2,541 $ 2,204 15 % Long-term debt $ 7,858 $ 4,203 87 % 9. INCOME STATEMENT Period Ending 12/27/2008 12/29/2007 12/30/2006 12/31/2005 Total Revenue $43,251,000 $39,474,000 $35,137,000 $32,562,000 Cost of Revenue $20,351,000 $18,038,000 $15,762,000 $14,176,000 Gross Profit $22,900,000 $21,436,000 $19,375,000 $18,386,000 Operating Expenses Sales, General and Admin. $15,901,000 $14,208,000 $12,774,000 $12,314,000 Other Operating Items $64,000 $58,000 $162,000 $150,000 Operating Income $6,935,000 $7,170,000 $6,439,000 $5,922,000 Add'l income/expense items $41,000 $685,000 $173,000 $716,000 Earnings Before Interest and Tax $7,350,000 $7,855,000 $7,228,000 $6,638,000 Interest Expense $329,000 $224,000 $239,000 $256,000 Earnings Before Tax $7,021,000 $7,631,000 $6,989,000 $6,382,000 Income Tax $1,879,000 $1,973,000 $1,347,000 $2,304,000 Equity Earnings Unconsolidated Subsidiary $374,000 $0 $616,000 $0 Net Income-Cont. Operations $5,142,000 $5,658,000 $5,642,000 $4,078,000 Net Income $5,142,000 $5,658,000 $5,642,000 $4,078,000 Net Income Applicable to Common Shareholders $5,142,000 $5,658,000 $5,642,000 $4,078,000 10. STATEMENT OF CASH FLOWS Management Operating Cash Flow** Period Ending: 12/27/2008 12/29/2007 12/30/2006 12/31/2005 Net Income $5,142,000 $5,658,000 $5,642,000 $4,078,000 Cash Flows-Operating Activities Depreciation $1,543,000 $1,426,000 $1,406,000 $1,308,000 Net Income Adjustments $1,105,000 ($46,000) ($408,000) $50,000 Changes in Operating Activities Accounts Receivable ($549,000) ($405,000) ($330,000) ($272,000) Inventory ($345,000) ($204,000) ($186,000) ($132,000) Other Operating Activities ($435,000) ($123,000) $32,000 $23,000 Liabilities $538,000 $628,000 ($72,000) $797,000 Net Cash Flow-Operating $6,999,000 $6,934,000 $6,084,000 $5,852,000 Cash Flows-Investing Activities Capital Expenditures ($2,446,000) ($2,430,000) ($2,068,000) ($1,736,000) Investments $1,282,000 ($356,000) $2,017,000 ($991,000) Other Investing Activities ($1,503,000) ($958,000) ($143,000) ($790,000) Net Cash Flows-Investing ($2,667,000) ($3,744,000) ($194,000) ($3,517,000) Cash Flows-Financing Activities Dividends Paid ($2,541,000) ($2,204,000) ($1,854,000) ($1,642,000) Sale and Purchase of Stock ($4,106,000) ($3,204,000) ($1,816,000) ($1,932,000) Net Borrowings $3,515,000 $1,194,000 ($2,447,000) $1,696,000 Other Financing Activities $107,000 $208,000 $134,000 $0 Net Cash Flows-Financing ($3,025,000) ($4,006,000) ($5,983,000) ($1,878,000) Effect of Exchange Rate ($153,000) $75,000 $28,000 ($21,000) Net Cash Flow $1,154,000 ($741,000) ($65,000) $436,000