Calculate the Payables Turnover Ratio and the Days Payables Outstanding DPO) measures. 3. THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME er Ended December 31 fIn millions except per share data) NET OPERATING REVENUES Cost of goods sold GROSS PROFIT Selling,general and administrative expenses Other operating charges OPERATING INCOME Interest income Interest Equity income (loss)-net Other income (loss)-net INCOME BEFORE INCOME TAXES Income taxes CONSOLIDATED NET INCOME Less: Net income attributable to noncontrolling interests NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF 2014 2013 2012 45,998 S 46,854 S 17,889 28,109 17,218 1,183 9,708 594 483 18,421 28,433 17,310 895 10,228 534 463 602 576 11477 2,851 8,626 42 48,017 19,053 28,964 17,738 447 10,779 expense (1,263) 9,325 2,201 7,124 397 819 137 11.809 2,723 9,086 67 26 THE COCA-COLA COMPANY 7,098 S 8,584 S 1.94 S 1.90 S 9,019 BASIC NET INCOME PER SHARE 162 S 2.00 DILUTED NET INCOME PER SHARE, 160 S 4,387 AVERAGE SHARES OUTSTANDING Effect of dilutive securities AVERAGE SHARES OUTSTANDING ASSUMING DILUTION 1.97 4,504 80 4,584 4,434 75 4450 4,509 Calulated based on not income atributable to shareowners of The Coca-Cola Company Refer to Notes to Consolidated Financial Stateme THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS 2014 Decersber 31, (In millions except par valec) CURRENT ASSETs s 8,958 Cash and cash equivalents 9,052 18.010 3,665 6,707 17.121 3.147 TOTAL CASIH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS Trade accounts receivable, less allowances of s331 and $61, respectively 3,277 3,0662,886 laventories 3,100 Prepaid expenses and other assets Assets held for sale T)TAL, CURRENT ASSETS EQUITY METHOD INVESTMENTS OTHER INVESTMENTS OTHER ASSETS PROPERTY, PLANT AND EQUIPMENT-net TRADEMARKS WITH INDEFINITE LIVES BOTTLERS FRANCHISE RICH ns wml INDEFINITE LIVES GOODWILL OTHER INTANGIBLE ASSETS 679 32986 9,947 3,678 4407 14633 6,533 6,689 12,100 1,850 31.304 10,393 1.119 4.661 14,967 6,744 7.415 12312 ,140 92,023 S90,055 TOTAL ASSETS LIABILITIES AND EQUITY CURRENT LIABILITIES Accounts payable and accrued expenses Loans and notes payable Current maturities of long-term debt Accrued income taxes Liabilities held for sale S 9.234 19,130 s 9,577 16,901 3552 1,024 309 TOTAL CURRENT LIABILITIES LONG-TERM DEBT OTHER LIABILITIES DEFERRED INCOME TAXES 58 32.374 19,063 4389 27,811 19.154 3,498 6,152 THE COCA COLA COMPANY SHAREOWNERS EQUITY Common stock, $0.25 par value; Authorized-11,200 shares; Issued-7040 and 7,040 shares, respectively Capital surplus Reinvested eamings Accumulated other comprebensive income (loss) Tressury stock, at cost-2,674 and 2,638 shares,respectively 1,760 13.154 63,408 (5,777) 1,160 12.276 61,660 (3.432) EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS TOTAL EQUITY (42.225)39,09) 33.173 267 33,440 0,320 241 30,561 TOTAL LIABILITIES AND EQUTY S 92,823 90,05s Refer to Notes to Consolidated Financial Statements 75
