Essay about Annual Report

Submitted By jbird96
Words: 1902
Pages: 8
Open Document
Coca Cola Annual Report 2011

April 13, 2013

TABLE OF CONTENTS

Introduction 3 3
Auditors Information

Subsequent Events 4

Trends (Assets/Liabilities) 5

Largest Assets/Liabilities 6

Shares Info

Single or Multi-step Income Statement? 6

Trends in Net Income (w/comprehensive net income) 7

Direct or Indirect Method? 8

Largest Items in Cash (Investing Activities) 8

Trends in Cash From Operations 8

Conclusion 10

References 11

Introduction The Coca-Cola Company is the world’s largest beverage company. We own or license and market more than 500 nonalcoholic beverage brands, primarily sparkling beverages but also a variety of still beverages such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. We own and market four of the world’s top five nonalcoholic sparkling beverage brands: Coca-Cola, Diet Coke, Fanta and Sprite. Finished beverage products bearing our trademarks, sold in the United States since 1886, are now sold in more than 200 countries. We believe that our success depends on our ability to connect with consumers by providing them with a wide variety of options to meet their desires, needs and lifestyle choices. Our success further depends on the ability of our people to execute effectively, every day. Our goal is to use our Company’s assets — our brands, financial strength, unrivaled distribution system, global reach, and the talent and strong commitment of our management and associates — to become more competitive and to accelerate growth in a manner that creates value for our shareowners.

Auditing Coca Cola has a committee that takes care of all audit work. The Committee will represent and assist the Board in fulfilling its oversight responsibility to the shareowners and others relating to the integrity of the Company's financial statements and the financial reporting process, the systems of internal accounting and financial controls, the internal audit function, the annual independent audit of the Company's financial statements, the Company's compliance with legal and regulatory requirements, and its ethics programs as established by management and the Board, including the Company's Codes of Business Conduct. The Committee shall also oversee the independent auditors' qualifications and independence. The Committee will evaluate the performance of the Company’s independent auditors, including the senior audit engagement team, each year and determine whether to reengage the current independent auditors or consider other audit firms. In doing so, the Committee will consider the quality and efficiency of the services provided by the auditors, the auditors’ global capabilities, the auditors’ technical expertise and knowledge of the Company’s global operations and industry, and any other applicable factors as determined by the Committee

Committee sections covered:

* Independent auditors * Audit services * Permissible Non-Audit Services; Pre-Approval Policy * Review of Interim Financial Statements and Earnings Releases * Review of Annual Audited Financial Statements * Risk Oversight * Internal Controls, Disclosure Controls and Procedures * Complaint Procedures * Compliance Programs * Report for Inclusion in Proxy Statement * Hiring of Auditor Personnel * Charter * Annual Performance Evaluation * Investigative Authority.

Subsequent Events On December 20, 2002, the Company filed a lawsuit (The Coca-Cola Company v. Aqua-Chem, Inc., Civil Action No. 2002CV631-50) in the Superior Court of Fulton County, Georgia (the ‘‘Georgia Case’’), seeking a declaratory judgment that the Company has no obligation to its former subsidiary, Aqua-Chem, Inc., now known as Cleaver-Brooks, Inc. (‘‘Aqua-Chem’’), for any past, present or future liabilities or expenses in connection with
Show More

Related Documents: Essay about Annual Report

Pepsico Annual Report

Analysis of Annual reports of Murree Brewery and PepsiCo The Murree Brewery Company Ltd. was built up in 1860 to take care of the brew demand of British staff in the subcontinent, at Ghora Gali close to the resort spot of Murree. The Brewery was at first monitored by the family of Edward Dyer. In the 1880s the organization built up a further network of bottling works in Rawalpindi and a refinery in Quetta. In the 1940s, the controlling share for the distillery was acquired by Peshton Bandhara,…

Words 1069 - Pages 5

Annual Report Essay

Starbucks Annual Report: Fiscal Year 2012 Terri Gowins-Stokes Amber Sheeler Accounting 100 May 31, 2013 Annual Reports are an insight into the company’s financial records which allows stockholders and investors to see how their money is working. These features were important because they tell the expenses and the revenue that the company generated for that year. After reviewing the 2012 Annual Report for Starbucks, a few important sections stood out the most, net revenue, operating income…

Words 412 - Pages 2

Apple Annual Report

Apple Annual Report Part 1: Apple’s goal is to design the best personal computers in the world as well as revolutionizing mobile phones and digital music through their iPhone and iPod products. Currently, Apple is now the top technology firm in the world. Apple became number one with a variety of attributes; with their strongest strengths being product development, ability to market, strong brand name and CEO Steve Jobs. Steve Jobs has done a charismatic job controlling Apple, but with his recent…

Words 1371 - Pages 6

Annual Report Essay

Annual Report Workbook Getting under the hood of an Annual Report and knowing what’s inside by Donald Bittar Introduction You can use this workbook for analyzing many companies and saving your analysis for each one, like many professionals. Just like them, over time, you can compare a company’s actual performance to your analysis and predictions. Saving your analysis sheets can help sharpen you analytical skills. The questions in the workbook are numbered the same way as they…

Words 12538 - Pages 51

annual report Essay

long-term sales growth, increased profitability and shareholder value. Their strong operating cash flows and balance sheet are allowing them to make difficult near term changes that they believe will have a stronger return in the future. (2011 Lowe’s Annual Report & Letter to the Shareholders’) Financial Statements: Income Statement: The format is most similar to single-step format. Gross Profit: Gross Margin FYE 2/3/2012: $17,350 FYE 1/28/2011: $17,152 FYE 1/29/2010: $16,463 Even though the Gross profit…

Words 1315 - Pages 6

Annual Report Essay

Transport Policy 24 (2012) 232–239 Contents lists available at SciVerse ScienceDirect Transport Policy journal homepage: www.elsevier.com/locate/tranpol Remote, rural, and regional airports in Australia Paul Donehue, Douglas Baker n Department of Built Environment and Engineering, School of Urban Development, Queensland University of Technology, 3 George Street, GPO Box 2434, Brisbane, Queensland 4001, Australia a r t i c l e i n f o Available online 2 October 2012 Keywords: Remote Rural and…

Words 8819 - Pages 36

Analyzing the Annual Report Essay

Writing Assignment: Analyzing the Annual Report Procter & Gamble is the world’s largest packaged goods company. Its products range from pet foods and cleaning agents, to personal care products. It is so big and profitable that its products are sold in more than 180 countries. To highlight the aforementioned successes and to target its investors, Procter and Gamble developed a 92-page 2012 annual report. In its report, Procter and Gamble uses the following three verbal and visual strategies: descriptive…

Words 684 - Pages 3

Annual Report and Information Essay

boundaries on what is expected from them 2. Identify the different ways of researching, organising and reporting information. To research, organise and report information well, first thing to do is to confirm objectives and the time you have to do it. There are many ways to do a research this include reading newspapers, looking into annual reports or in to internal company information, interviews in person, focus groups and also all sorts of surveys and web based searches. You can keep your files…

Words 1047 - Pages 5

Greek Life Annual Report

Life Annual Report, 83% of all Caucasian students are in a Greek organization totaling 1,248, yet only 40% of African American students did accumulating to a miniscule 49. With the purpose of uniting and serve the needs and wants of culturally diverse Greek-Lettered organizations, there was the establishment of the Multicultural Greek Council, which is compromised of two Latina/Multicultural women’s and a Latino/Multicultural men’s organization (DePauw Fraternity & Sorority Life Annual Report). Some…

Words 651 - Pages 3

AHI 2013 Annual Report Essay

For more information please contact: Angel Heart International http://www.angelheartintl.org Phone: (949) 310-8181 Mail: PO BOX 17486, Irvine, CA 92623-7486 Angel Heart International 2013 Annual Report Thank You for Your Support About Angel Heart International Angel Heart International, Inc. (AHI) is a public nonprofit corporation serving children with congenital heart diseases (CHD) in China and other developing countries. Since its founding in February 2007, AHI has helped 68 children with…

Words 3011 - Pages 13