Summary
Philip Morris International Inc. (PM) filed an 8-K on February 2, 2017, primarily to provide advance notice and access to its consolidated financial statements for the years ended December 31, 2016 and 2015, along with related statements of earnings, comprehensive earnings, stockholders’ equity, and cash flows. These financial statements, along with management's report on internal control over financial reporting and the independent registered public accounting firm's report, will be formally included in PM's upcoming Annual Report on Form 10-K. This early filing allows investors to review key financial data and audit reports ahead of the full 10-K.
Key Highlights
- 1Advance filing of consolidated financial statements for the years ended December 31, 2016 and 2015.
- 2Inclusion of statements of earnings, comprehensive earnings, stockholders' equity, and cash flows.
- 3Management's report on internal control over financial reporting is provided.
- 4Report from the independent registered public accounting firm on the financial statements and internal controls is included.
- 5The filings will be incorporated into the forthcoming Annual Report on Form 10-K for the year ended December 31, 2016.
- 6A statement regarding the computation of ratios of earnings to fixed charges is also part of the filing.