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.