Kraft 2005 Annual Report Download - page 79

Download and view the complete annual report

Please find page 79 of the 2005 Kraft annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 100

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100

MERRILL CORPORATION FLANGST// 9-MAR-06 02:25 DISK126:[06CHI5.06CHI1135]EA1135A.;8
mrll.fmt Free: 1765D*/4175D Foot: 0D/ 0D VJ RSeq: 4 Clr: 0
DISK024:[PAGER.PSTYLES]UNIVERSAL.BST;51
KRAFT FOODS-FSC CERTIFIED-10K/AR Proj: P1102CHI06 Job: 06CHI1135 File: EA1135A.;8
Merrill Corporation/Chicago (312) 786-6300 Page Dim: 8.250X 10.750Copy Dim: 38. X 54.3
Geographic data for net revenues, total assets and long lived assets (which consist of all non current
assets, other than goodwill, other intangible assets, net, and prepaid pension assets) were as follows:
For the Years Ended
December 31,
2005 2004 2003
(in millions)
Net revenues:
United States ....................................... $21,054 $20,057 $19,087
Europe ........................................... 7,678 7,205 6,723
Other ............................................ 5,381 4,906 4,688
Total net revenues ................................. $34,113 $32,168 $30,498
Total assets:
United States ....................................... $42,851 $44,293 $44,674
Europe ........................................... 9,935 10,872 10,114
Other ............................................ 4,842 4,763 4,497
Total assets ...................................... $57,628 $59,928 $59,285
Long-lived assets:
United States ....................................... $ 6,153 $ 5,998 $ 6,451
Europe ........................................... 2,663 3,010 2,757
Other ............................................ 1,878 1,818 1,831
Total long-lived assets ............................... $10,694 $10,826 $11,039
Note 15. Benefit Plans:
The Company sponsors noncontributory defined benefit pension plans covering substantially all
U.S. employees. Pension coverage for employees of the Company’s non-U.S. subsidiaries is provided,
to the extent deemed appropriate, through separate plans, many of which are governed by local
statutory requirements. In addition, the Company’s U.S. and Canadian subsidiaries provide health care
and other benefits to substantially all retired employees. Health care benefits for retirees outside the
United States and Canada are generally covered through local government plans.
The plan assets and benefit obligations of the Company’s U.S. and Canadian pension plans are
measured at December 31 of each year and all other non-U.S. pension plans are measured at
September 30 of each year. The benefit obligations of the Company’s postretirement plans are
measured at December 31 of each year.
78
6 C Cs: 18036