Summary
The Coca-Cola Company's 2014 10-K filing reveals a company with a strong global presence, operating in over 200 countries with a vast portfolio of over 500 nonalcoholic beverage brands. The company emphasizes its core strengths, including its brand equity, extensive distribution network, and financial stability. In 2014, Coca-Cola continued to focus on operational efficiency and strategic initiatives, including refranchising certain North American territories and expanding its productivity and reinvestment programs, which aim to drive long-term profitable growth. Financially, the company reported net operating revenues of $45.998 billion for 2014, a slight decrease from the previous year, attributed to factors like currency fluctuations and structural changes. Despite the revenue dip, the company's operational income remained robust, demonstrating effective cost management. Coca-Cola continues to return value to shareholders through dividends and share repurchases, highlighting a commitment to shareholder returns alongside strategic business development.
Financial Highlights
56 data points| Revenue | $46.00B |
| Cost of Revenue | $17.89B |
| Gross Profit | $28.11B |
| SG&A Expenses | $17.22B |
| Operating Income | $9.71B |
| Interest Expense | $483.00M |
| Net Income | $7.10B |
| EPS (Basic) | $1.62 |
| EPS (Diluted) | $1.60 |
| Shares Outstanding (Basic) | 4.39B |
| Shares Outstanding (Diluted) | 4.45B |
Key Highlights
- 1Coca-Cola is the world's largest beverage company with over 500 brands and operations in over 200 countries.
- 2The company is actively refranchising its North American bottling territories, a process expected to continue through 2020.
- 3Strategic partnerships, including with Keurig Green Mountain and Monster Beverage Corporation, are key to future growth and innovation.
- 4Net operating revenues for 2014 were $45.998 billion, a slight decrease from 2013, impacted by currency fluctuations and structural changes.
- 5Operating income was $9.708 billion, reflecting effective cost management and productivity initiatives.
- 6The company demonstrated a consistent return of capital to shareholders through dividends and share repurchases.
- 7Significant focus on 'productivity and reinvestment' programs aims to generate substantial annualized savings to fuel brand investments and growth.