8-K/AOther EventsExhibits & Filings

COCA COLA CO 8-K/A Report, Corporate Update (Jul 19, 2005)

Filed July 19, 2005For Securities:KO

Summary

This filing is an amendment (8-K/A) to a previous Current Report (8-K) filed by The Coca-Cola Company on July 12, 2005. The primary purpose of this amendment is to correct errors in previously provided reclassified operating segment data. Specifically, it updates the Schedule of Reclassified Operating Segment Data, adding two footnotes to the 'Items Impacting Comparability' section. The company states that this amendment supersedes the original filing in its entirety. The core information relates to a restructuring of the company's operating segments, effective May 1, 2005. The previous 'Europe, Eurasia and Middle East' and 'Asia' segments have been replaced by three new, more granular segments: the 'European Union' segment, the 'North Asia, Eurasia and Middle East' segment, and the 'East, South Asia and Pacific Rim' segment. This change is intended to better reflect the company's operational structure and provide more focused reporting.

Key Highlights

  • 1Amendment to a prior 8-K filing to correct reclassified operating segment data.
  • 2Company has revised its operating segment structure, effective May 1, 2005.
  • 3Three new operating segments replace two previous segments: Europe, Eurasia and Middle East; and Asia.
  • 4The new segments are: European Union, North Asia, Eurasia and Middle East, and East, South Asia and Pacific Rim.
  • 5The European Union segment includes EU member states and EFTA countries.
  • 6The North Asia, Eurasia and Middle East segment combines China, Japan, Eurasia/Middle East, Russia, Ukraine, Belarus, and other non-EU European countries.
  • 7The East, South Asia and Pacific Rim segment covers India, Philippines, Southeast/West Asia, South Pacific, and Korea.

Frequently Asked Questions

This filing is an amendment to correct errors in the Schedule of Reclassified Operating Segment Data previously submitted and to add footnotes regarding items impacting comparability. The original 8-K filing from July 12, 2005, is being superseded by this amended version.

Effective May 1, 2005, Coca-Cola restructured its operating segments. The previous 'Europe, Eurasia and Middle East' and 'Asia' segments were replaced by three new, more defined segments: the 'European Union' segment, the 'North Asia, Eurasia and Middle East' segment, and the 'East, South Asia and Pacific Rim' segment.

The new 'European Union' segment specifically consolidates operations within all current member states of the European Union, along with European Free Trade Association (EFTA) countries. This offers a more focused view of operations within the core European economic zone.

Reclassifying operating segments typically aims to provide a clearer and more accurate representation of how a company manages its business and reports its financial performance. This can be driven by changes in strategy, market dynamics, or a desire for more granular reporting to investors.