Comparative Analysis Case

The Coca Cola Company and PepsiCo, Inc.

Use Annual Report's and Financial Statements.

(a) Based on the information contained in these financial statements, determine each of the following for each company.

(1) Cash used in (for) investing activities during 2011 (from the statement of cash flows).

(2) Cash used for acquisitions and investments in unconsolidated affiliates (or principally bottling companies) during 2011.

(3) Total investment in uncosolidated affiliates (or investments and other assets) at the end of 2011.

(b) (1) Briefly identify from Coca Cola's December 31, 2011, balance sheet the investments it reported as being accouned for under the equity method. (2) What is the amount of investments that Coca-Cola reported in its 2011 ballane sheet as "cost method" and what is the nature of these investments.

(c) In its Note 2 on Investments, what total amounts did Coca-Cola report at December 31, 2011 as:

(1) Trading Securities

(2) Available for sale securities

(3) Held to maturity securities