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Appendix C Specimen Financial Statements: The Coca-Cola Company are nerw available in more than 200 countrica. THE COCA-COLA COMPANY AND SUBSIDLARIES CONSOLIDATED STATEMENTS OF INCOME

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Appendix C Specimen Financial Statements: The Coca-Cola Company are nerw available in more than 200 countrica. THE COCA-COLA COMPANY AND SUBSIDLARIES CONSOLIDATED STATEMENTS OF INCOME Net Leceme Per Sharel ed Net Income Per Sharet age Shares Outstanding -Basic of diluthe kcanitio Shares Outatanding -Diluted THE COCA-COLA COMPANY AND SUBSIDURES CONSOLDATED STATEMENTS OF COMPREHENSIVE INCOME (In milliona) Euded Decomber 31 , inotidated Net lacome er Comprebenalve Incemet ic forcign Currency trasalatene adjustments chanege in pousien and other postretirement benefin liabilities ial Comprehrnaive lacane tas Comprebentive Ieceme Artribatable te Shareawners of The Coca-Cola Company THE COCA.COLA COMRANY AND SUBSIDLARIS CONSOLIDNTD mLANCE SIOLTS (te millioses escepe par whlor? 2020 2019 ASSETS urrest Aases: Whi aid cowh equanafons hophaterm imestements charkriatic socuribs iepecuicoirs 202057,769201958905201356,776 Pryaid eqpenes and other waens Patal Curread Aatets Appendix D Specimen Financial Statements: PepsiCo, Inc. consumers in more thas 200 councries abd ierrikance. Consolidated Statement of Incerme Froucho, 1sk and Subeidiencs THE COCL COLA COMPANY AND SUESIDLARIES CONSOLDATED STATEMENTS OF CASH ROWS Vear Enided Decomber 31. Operating Acthities Deprrcition and amoruzaln Siock bianed tamperivation capene D-fritos incothe asn Equiry incomej bou tartel dividends Serificant (geaind) bevo net Ohere cperatinecharea Oluer iteme Net Casb Provided by Operating Acthities Imesting Activities Purchase of inestments Oiber uncutify acrivicion. Net Cask Provided by (Used in) Imvesting Activisirs risancing Actividies Povmens of dete hivinin of nok Dovernath Outer financines acuvion. ita mulliones) 2020 2019 2013 58,94556,476 1,536 126 (18) (5II) () (914) 556 1,365 659 (200) (421) 690 (467) 9,844 304 6900121007.625 10,47 (13,583) 13,835 (1,052) $,7000,709 189 (1,177) 189 6,97314,972 Not Cask Provided by (Uned la) Tinaecing Arthities Cash, Cash Equivalenct, Restricted Cash and Restricted Cash Liquivalends ac End of Year Cash and Cash Yquivaleses at Kad of Vrar THE COCACOLA COMPANY AND SUBSIDLARIES THE COCA-COLA COMPANY AND SUBSIDLRIES CONSOLLATED STATEMENTS OF SHLREOWNERS'EQUTY In millower cocepit per ilure das? Year Fadeal Decromber 31 , 2020 2019 2013 Fopicy Accributable to Shareomenre of The Ceca-Cela Cempany Number of Cemman Shares Outasandieg Rerthans of nod in ivomin Commen Steck Capiasl Surplus Oiler awwien: Meievested Karaiegs Accuabulated Odher Cemprobusuive Inesene (Lass) 1,200 22 4.302 31,760 4.20031.260 17,154 307 141 (1) 17,601 65,85s. 7,747 (7,617) 66,355 (13,5616) (13,564) (12.1314 (17.1914 The financial statements of Coca-Cola and PepsiCo are presented in Appendices Cand D, respectively. The companies complete annual reports, including the notes to the financial statements, are available online. Click here to view Appendix C. Click here to view Appendix D. Use the companies' financial information to znswer the following question. (c) Which company had more depreciation and amortization expense for 2020 ? Provide a rationale as to why there is a difference in these amounts between the two companies. Balance at begenning of year Stokt-bancd compenaion capene Oher activicin Balance at end of year. erievested Earniags Balance at broinaing of year Adeptios of accounting standardst Bslince at ond of ycat Accumslated Other Comprehensive lecome (Less) Balance at begininic of year Adoptiost of accoisting mandardel Net ouher coesprebrawe inceme dosed Balancre at end of year Treasury Stock Babace at beginoting of year Rurchans of nock foe tranury Halance 44 and of yrar etal Equity Areributable to Shareeweers of The Cera-Cola Cempany quity Astribatable te Noncentrelliog feterrots Balance ar brgining of yray Net forrigs curtericy undabien ad jurmenta Eowines cotnlinationt Oberactigation Total Equity Asoributable to Nonconirollieg Interrsts Appendix C Specimen Financial Statements: The Coca-Cola Company are nerw available in more than 200 countrica. THE COCA-COLA COMPANY AND SUBSIDLARIES CONSOLIDATED STATEMENTS OF INCOME Net Leceme Per Sharel ed Net Income Per Sharet age Shares Outstanding -Basic of diluthe kcanitio Shares Outatanding -Diluted THE COCA-COLA COMPANY AND SUBSIDURES CONSOLDATED STATEMENTS OF COMPREHENSIVE INCOME (In milliona) Euded Decomber 31 , inotidated Net lacome er Comprebenalve Incemet ic forcign Currency trasalatene adjustments chanege in pousien and other postretirement benefin liabilities ial Comprehrnaive lacane tas Comprebentive Ieceme Artribatable te Shareawners of The Coca-Cola Company THE COCA.COLA COMRANY AND SUBSIDLARIS CONSOLIDNTD mLANCE SIOLTS (te millioses escepe par whlor? 2020 2019 ASSETS urrest Aases: Whi aid cowh equanafons hophaterm imestements charkriatic socuribs iepecuicoirs 202057,769201958905201356,776 Pryaid eqpenes and other waens Patal Curread Aatets Appendix D Specimen Financial Statements: PepsiCo, Inc. consumers in more thas 200 councries abd ierrikance. Consolidated Statement of Incerme Froucho, 1sk and Subeidiencs THE COCL COLA COMPANY AND SUESIDLARIES CONSOLDATED STATEMENTS OF CASH ROWS Vear Enided Decomber 31. Operating Acthities Deprrcition and amoruzaln Siock bianed tamperivation capene D-fritos incothe asn Equiry incomej bou tartel dividends Serificant (geaind) bevo net Ohere cperatinecharea Oluer iteme Net Casb Provided by Operating Acthities Imesting Activities Purchase of inestments Oiber uncutify acrivicion. Net Cask Provided by (Used in) Imvesting Activisirs risancing Actividies Povmens of dete hivinin of nok Dovernath Outer financines acuvion. ita mulliones) 2020 2019 2013 58,94556,476 1,536 126 (18) (5II) () (914) 556 1,365 659 (200) (421) 690 (467) 9,844 304 6900121007.625 10,47 (13,583) 13,835 (1,052) $,7000,709 189 (1,177) 189 6,97314,972 Not Cask Provided by (Uned la) Tinaecing Arthities Cash, Cash Equivalenct, Restricted Cash and Restricted Cash Liquivalends ac End of Year Cash and Cash Yquivaleses at Kad of Vrar THE COCACOLA COMPANY AND SUBSIDLARIES THE COCA-COLA COMPANY AND SUBSIDLRIES CONSOLLATED STATEMENTS OF SHLREOWNERS'EQUTY In millower cocepit per ilure das? Year Fadeal Decromber 31 , 2020 2019 2013 Fopicy Accributable to Shareomenre of The Ceca-Cela Cempany Number of Cemman Shares Outasandieg Rerthans of nod in ivomin Commen Steck Capiasl Surplus Oiler awwien: Meievested Karaiegs Accuabulated Odher Cemprobusuive Inesene (Lass) 1,200 22 4.302 31,760 4.20031.260 17,154 307 141 (1) 17,601 65,85s. 7,747 (7,617) 66,355 (13,5616) (13,564) (12.1314 (17.1914 The financial statements of Coca-Cola and PepsiCo are presented in Appendices Cand D, respectively. The companies complete annual reports, including the notes to the financial statements, are available online. Click here to view Appendix C. Click here to view Appendix D. Use the companies' financial information to znswer the following question. (c) Which company had more depreciation and amortization expense for 2020 ? Provide a rationale as to why there is a difference in these amounts between the two companies. Balance at begenning of year Stokt-bancd compenaion capene Oher activicin Balance at end of year. erievested Earniags Balance at broinaing of year Adeptios of accounting standardst Bslince at ond of ycat Accumslated Other Comprehensive lecome (Less) Balance at begininic of year Adoptiost of accoisting mandardel Net ouher coesprebrawe inceme dosed Balancre at end of year Treasury Stock Babace at beginoting of year Rurchans of nock foe tranury Halance 44 and of yrar etal Equity Areributable to Shareeweers of The Cera-Cola Cempany quity Astribatable te Noncentrelliog feterrots Balance ar brgining of yray Net forrigs curtericy undabien ad jurmenta Eowines cotnlinationt Oberactigation Total Equity Asoributable to Nonconirollieg Interrsts

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