On Feb. 7, Coca-Cola (NYSE:KO) released fiscal 2005 earnings for the period ended Dec. 31, 2005.
- Revenues were up 6.3% for the year.
- EPS of $2.04 per share included $0.13 worth of ye olde "one-time" charges.
- Cash from operations reaches a record $6.4 billion.
(Figures in millions, except per-share data)
Income Statement Highlights
|
FY 2005 |
FY 2004 |
% Change | |
|---|---|---|---|
|
Sales |
$23,104 |
$21,742 |
+6.3% |
|
Net Profit |
$4,872 |
$4,847 |
+0.5% |
|
EPS |
$2.04 |
$2.00 |
+2.0% |
Get back to basics with a look at the income statement.
Margin Checkup
|
FY 2005 |
FY 2004 |
Change | |
|---|---|---|---|
|
Gross Margin |
64.53% |
64.70% |
-0.17% |
|
Op. Margin |
26.34% |
26.21% |
+0.13% |
|
Net Margin |
21.09% |
22.29% |
-1.21% |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
FY 2005 |
FY 2004 |
% Change |
|---|---|---|---|
|
Cash+ ST Invest. |
$4,767 |
$6,768 |
-29.6% |
|
Inventory |
$1,424 |
$1,420 |
+0.3% |
|
Accounts Rec. |
$2,281 |
$2,244 |
+1.6% |
|
Liabilities |
FY 2005 |
FY 2004 |
% Change |
|---|---|---|---|
|
Long-Term Debt + Current Maturities |
$1,182 |
$2,647 |
-55.3% |
|
Accounts Payable |
$4,493 |
$4,403 |
+2.0% |
Cash Flow Highlights
|
FY 2005 |
FY 2004 |
% Change | |
|---|---|---|---|
|
Cash From Ops |
$6,423 |
$5,968 |
+7.6% |
|
Capital Expend. |
$899 |
$755 |
+19.1% |
|
Free Cash Flow |
$5,524 |
$5,213 |
+6.0% |
Find out why Fools always follow the money.
Related Companies:
- PepsiCo (NYSE:PEP)
- Hansen Natural (NASDAQ:HANS)
- Cadbury Schweppes (NYSE:CSG)
- Cott (NYSE:COT)
Related Foolishness:
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.
At the time of publication, Seth Jayson had no positions in any company mentioned here. Coca-Cola is a Motley Fool Inside Value recommendation. Fool rules are here.
