01—Abstract
Summary
Summary of the 10-K/A filed October 3, 2008. Cited figures are marked; the original filing is the authoritative source.
Procter & Gamble (PG) filed its Annual Report on Form 10-K for the fiscal year ended June 29, 2008, on October 2, 2008.
This filing provides a comprehensive overview of the company's financial performance, strategic initiatives, and risk factors. Investors can glean insights into the company's operational health, its competitive positioning within the consumer staples sector, and management's outlook for the upcoming fiscal year. The report includes standard exhibits such as the Annual Report to Shareholders, consents from independent auditors, and required certifications from management regarding internal controls and financial reporting accuracy.
02—Key points
Key Highlights
- The 10-K filing covers the fiscal year ending June 29, 2008, offering a retrospective view of PG's performance.
- Key exhibits include the Annual Report to Shareholders, providing detailed operational and financial narratives.
- The filing includes necessary certifications from management, affirming the integrity of financial reporting.
- Independent auditor's consent is provided, indicating a satisfactory audit of the financial statements.
- This report serves as a primary source for investors to assess PG's financial standing and strategic direction in the consumer goods market.
03—One dollar
Follow one dollar
Of each $1.00 of revenue in FY2008, Procter & Gamble Co kept $0.15.
- Revenue$79.26B100.0%
- Cost of revenue−$39.26B49.5%
- Gross profit$40.00B50.5%
- Operating costs−$24.02B30.3%
- Operating income$15.98B20.2%
- Interest, other & tax−$3.90B4.9%
- Net income$12.07B15.2%
Where FY2008 revenue went
$79.26B- Cost of revenue: $39.26B, 50% of revenue
- SG&A: $24.02B, 30% of revenue
- Net income: $12.07B, 15% of revenue
- Interest, other & tax: $3.90B, 4.9% of revenue
Kept 15% as net income
Full revenue history →04—Financials
Financial Highlights
Figures from 10-K/AFY2008filed October 3, 2008Financial Statements
FY2008 against FY2007
| Line item | FY2008FY2007 | Change |
|---|---|---|
| Revenue | $79.26B$72.44B | +9.4% |
| Cost of Revenue | $39.26B$35.38B | +11.0% |
| Gross Profit | $40.00B$37.06B | +7.9% |
| SG&A Expenses | $24.02B$22.58B | +6.4% |
| Operating Income | $15.98B$14.48B | +10.3% |
| Interest Expense | $1.47B$1.30B | +12.5% |
| Net Income | $12.07B$10.34B | +16.8% |
| EPS (Basic) | $3.86$3.22 | +19.9% |
| EPS (Diluted) | $3.64$3.04 | +19.7% |
| Shares Outstanding (Basic) | 3.08B— | — |
| Shares Outstanding (Diluted) | 3.32B— | — |
05—Questions
Frequently Asked Questions
What fiscal period does this 10-K filing cover?
This 10-K filing covers Procter & Gamble's fiscal year ending on June 29, 2008.
What are the key documents included in the exhibits section?
The key documents included in the exhibits are the Annual Report to Shareholders (pages 1-82), the Consent of Independent Registered Public Accounting Firm, and Rule 13a-14(a)/15d-14(a) and Section 1350 Certifications from management.
What is the significance of the 'Amendments' designation (10-K/A)?
The '/A' designation typically indicates an amendment to a previously filed report. This filing might be correcting or adding information to an initial 10-K filing, though the provided excerpt does not detail the nature of the amendment.
Where can I find more detailed financial performance information?
The 'Annual Report to Shareholders' exhibit (pages 1-82) is the primary document within this filing that investors should review for detailed financial performance, segment information, and management's discussion and analysis.
06—Continue