8-KOther Events

COCA COLA CO 8-K Report, Corporate Update (Apr 2, 2007)

Filed April 2, 2007For Securities:KO

Summary

This 8-K filing from Coca-Cola Company (KO) on April 2, 2007, primarily details changes to the company's operating structure, effective January 1, 2007. Investors should note the creation of two new operating segments: 'Eurasia' and 'Pacific'. The Eurasia segment combines previous divisions from Eurasia/Middle East and Russia/Ukraine/Belarus with India. The Pacific segment consolidates China and Japan with the remaining East, South Asia, and Pacific Rim operations. This restructuring is presented to reflect a new organizational framework and may impact how the company reports future financial performance by segment. The filing includes Exhibit 99.1, which provides unaudited operating segment data reclassified to align with this new structure. While this report itself doesn't contain new financial results, it signals a significant organizational shift that investors should be aware of when analyzing the company's segmental performance and geographic reporting in subsequent filings. The purpose is to provide a clearer view of how Coca-Cola is organizing its global operations for management and reporting.

Key Highlights

  • 1Coca-Cola Company implemented a new operating structure effective January 1, 2007.
  • 2Two new operating segments have been formed: 'Eurasia' and 'Pacific'.
  • 3The 'Eurasia' segment integrates the former Eurasia/Middle East, Russia/Ukraine/Belarus, and India divisions.
  • 4The 'Pacific' segment combines the China, Japan, and remaining East, South Asia, and Pacific Rim divisions.
  • 5Unaudited operating segment data has been reclassified to reflect these structural changes.
  • 6The reclassified data is provided in Exhibit 99.1 attached to the filing.

Frequently Asked Questions

The main purpose of this filing is to announce and detail changes to Coca-Cola Company's operating structure and to provide reclassified segment data reflecting these new organizational segments.

The two new operating segments are 'Eurasia' and 'Pacific'. The Eurasia segment consolidates operations from the Eurasia and Middle East, Russia, Ukraine and Belarus, and India divisions. The Pacific segment combines the China, Japan, and the rest of the East, South Asia and Pacific Rim divisions.

These operating structure changes became effective on January 1, 2007.

The filing includes Exhibit 99.1, which provides a schedule of unaudited operating segment data reclassified to reflect the new operating structure. Investors should refer to subsequent financial reports for officially reported segment performance under this new organization.