01—Abstract
Summary
Summary of the 10-Q/A filed August 27, 2010. Cited figures are marked; the original filing is the authoritative source.
Philip Morris International Inc. (PM) filed an amendment to its Form 10-Q for the quarterly period ended June 30, 2010.
This amendment primarily serves to furnish Exhibit 101, containing interactive data files as required by Regulation S-T, and does not alter the financial or operational disclosures of the original filing. Investors should refer to the original August 6, 2010 Form 10-Q for substantive financial information, as this amendment focuses solely on a procedural filing requirement and does not incorporate subsequent events.
02—Key points
Key Highlights
- This filing is an amendment (10-Q/A) to the original Form 10-Q filed on August 6, 2010.
- The sole purpose of this amendment is to provide Exhibit 101, which contains interactive data files.
- No other financial or operational information from the original Form 10-Q has been modified or updated.
- The amendment is in compliance with Rule 405 of Regulation S-T.
- The filing does not reflect events that have occurred subsequent to the original Form 10-Q filing date.
- Philip Morris International Inc. is classified as a large accelerated filer.
- The document references previously filed exhibits including By-Laws and a Retirement Agreement.
03—One dollar
Follow one dollar
Of each $1.00 of revenue in Q2 FY2010, Philip Morris International Inc. kept $0.11.
- Revenue$17.38B100.0%
- Cost of revenue−$12.87B74.0%
- Gross profit$4.51B26.0%
- Operating costs−$1.60B9.2%
- Operating income$2.91B16.7%
- Interest, other & tax−$924.0M5.3%
- Net income$1.98B11.4%
04—Financials
Financial Highlights
Figures from 10-Q/AQ2 FY2010filed August 27, 2010Financial Statements
Q2 FY2010 against Q2 FY2009
| Line item | Q2 FY2010Q2 FY2009 | Change |
|---|---|---|
| Revenue | $17.38B$15.21B | +14.3% |
| Cost of Revenue | $2.55B$2.19B | +16.7% |
| Gross Profit | $4.51B$3.95B | +14.2% |
| Operating Income | $2.91B$2.43B | +19.6% |
| Net Income | $1.98B$1.55B | +28.2% |
| EPS (Basic) | $1.07$0.79 | +35.4% |
| EPS (Diluted) | $1.07$0.79 | +35.4% |
| Shares Outstanding (Basic) | 1.85B1.96B | −5.6% |
| Shares Outstanding (Diluted) | 1.85B1.96B | −5.7% |
05—Questions
Frequently Asked Questions
What is the main purpose of this amended filing (10-Q/A)?
The main purpose of this amended filing is to furnish Exhibit 101, which contains interactive data files required by Rule 405 of Regulation S-T. It does not change any of the financial or operational disclosures made in the original Form 10-Q filed on August 6, 2010.
Does this filing provide updated financial results for the period ended June 30, 2010?
No, this filing is an amendment and does not provide updated financial results. It is procedural in nature. Investors seeking financial details should refer to the original Form 10-Q filed on August 6, 2010.
Are there any new business developments or material changes reported in this amendment?
No, this amendment explicitly states that it does not reflect events that may have occurred subsequent to the original filing date and does not modify or update any disclosures made in the original Form 10-Q.
What is the significance of Exhibit 101 being filed?
Exhibit 101 contains interactive data files, which are required by the SEC's Regulation S-T for certain filings. Its inclusion here is a regulatory requirement and does not add new substantive business information.
06—Continue