8-KOther EventsExhibits & Filings

COCA COLA CO 8-K Report, Corporate Update (Oct 29, 2007)

Filed October 29, 2007For Securities:KO

Summary

This 8-K filing from The Coca-Cola Company (KO) on October 29, 2007, primarily serves to inform investors about revisions to historical operating segment information. Effective January 1, 2007, the company implemented changes to its operating structure, consolidating several divisions into new segments like "Eurasia" and "Pacific." This filing provides updated segment-specific data within its 2006 Form 10-K to align with this new structure. Crucially, Coca-Cola emphasizes that these changes are purely presentational and do not impact previously reported consolidated financial results, including net income, earnings per share, or cash flows. Investors should refer to the company's quarterly reports (10-Q filings) for the periods ended March 30, June 29, and September 28, 2007, for material developments that have occurred since the filing of the 2006 10-K.

Key Highlights

  • 1Revision of historical operating segment information for The Coca-Cola Company.
  • 2New operating segments: Eurasia and Pacific, formed by combining existing divisions.
  • 3Changes are effective as of January 1, 2007.
  • 4Filing updates the 2006 Form 10-K to reflect the new segment structure.
  • 5No impact on previously reported consolidated financial condition, results of operations, or cash flows.
  • 6Quarterly reports on Form 10-Q for 2007 reflect the current operating segments.
  • 7Includes updated business, MD&A, and financial statement sections from the 2006 10-K.

Frequently Asked Questions

Coca-Cola is filing this 8-K to revise and present historical operating segment information that aligns with its updated operating structure, which became effective on January 1, 2007. This provides investors with a consistent view of how the company's business is organized across its segments.

No, the company explicitly states that these revisions are purely presentational. They do not affect Coca-Cola's previously reported consolidated financial condition, results of operations, or cash flows. The overall financial performance remains unchanged.

For material developments that have occurred since the filing of the 2006 Form 10-K, investors should refer to Coca-Cola's Quarterly Reports on Form 10-Q for the periods ended March 30, 2007, June 29, 2007, and September 28, 2007.

The filing details the creation of two new operating segments: the 'Eurasia' operating segment (combining Eurasia and Middle East, Russia, Ukraine, Belarus, and India divisions) and the 'Pacific' operating segment (combining China, Japan, and the remainder of the East, South Asia and Pacific Rim segment). The other segments are Africa, European Union, Latin America, North America, Bottling Investments, and Corporate.