Mondelez 2013 Annual Report Download - page 24

Table of Contents
Item 6. Selected Financial Data
Mondelēz International, Inc.
Selected Financial Data – Five Year Review
(1)
20
2013
2012
2011
2010
2009
(in millions, except per share and employee data)
Continuing Operations
(2)
Net revenues
$
35,299
$
35,015
$
35,810
$
31,489
$
21,559
Earnings from continuing operations, net of taxes
2,332
1,606
1,764
677
838
Net earnings attributable to Mondelēz International:
Per share, basic
1.30
0.90
0.99
0.38
0.57
Per share, diluted
1.29
0.88
0.99
0.38
0.56
Cash Flow and Financial Position
(3)
Net cash provided by operating activities
6,410
3,923
4,520
3,748
5,084
Capital expenditures
1,622
1,610
1,771
1,661
1,330
Property, plant and equipment, net
10,247
10,010
13,813
13,792
10,693
Total assets
72,557
75,477
93,785
95,228
66,718
Long-term debt
14,482
15,574
23,095
26,859
18,024
Total Mondelēz International shareholders’ equity
32,373
32,276
35,271
35,859
25,896
Shares outstanding at year end
1,705
1,778
1,768
1,748
1,478
Per Share and Other Data
(4)
Book value per shares outstanding
18.99
18.15
19.95
20.51
17.52
Dividends declared per share
(5)
0.54
1.00
1.16
1.16
1.16
Common Stock closing price at year end
(6)
35.30
25.45
37.36
31.51
27.18
Number of employees
107,000
110,000
126,000
127,000
97,000
(1) The selected financial data should be read in conjunction with
Management
’
s Discussion and Analysis of Financial Condition and Results of Operations
and our
consolidated financial statements and related notes included elsewhere in this Annual Report on Form 10-K and past Annual Reports on Form 10-K for earlier
periods. We have revised our historical consolidated financial results for the periods reflected above to correct tax-related errors. See Note 1, Summary of
Significant Accounting Policies – Revision of Financial Statements , for additional information.
(2) Significant items impacting the comparability of our results from continuing operations include: Spin-
Off Costs in 2013 and 2012, Restructuring Program in 2013
and 2012, Cost Savings Initiatives in all years; divestitures and sales of property in 2013, 2012 and 2010, an acquisition in 2013, the acquisition of Cadbury in
2010 and related Integration Program in 2010-2013; a benefit from a Cadbury-related indemnification resolution in 2013; a loss on debt extinguishment related
to the December 18, 2013 tender offer; accounting calendar changes in 2013, 2011 (including a 53
rd
week of operating results in 2011) and 2010 and our
provision for income taxes in all years. Please refer to Notes 1, Summary of Significant Accounting Policies; 2, Divestitures and Acquisition; 6, 2012-2014
Restructuring Program; 7, Integration Program and Cost Savings Initiatives; 8 , Debt and Borrowing Arrangements; 12 , Commitments and Contingencies; 15,
Income Taxes
; and 17,
Segment Reporting
, for additional information regarding items affecting comparability of our results from continuing operations.
(3) Our Cash Flow and Financial Position information includes Kraft Foods Group data for periods prior to the October 1, 2012 Spin-Off date. Refer to Note 2,
Divestitures and Acquisition , for information on the divested net assets and items impacting cash flow. Other items impacting comparability primarily relate to
the receipt of net cash proceeds from the resolution of the Starbucks arbitration in 2013 and our acquisition of Cadbury in 2010. Refer to Notes 2, Divestitures
and Acquisition , and 12, Commitments and Contingencies , related to the resolution of the Starbucks arbitration and the Annual Report on Form 10-K for the
year ended December 31, 2012, for additional information on the Cadbury acquisition in 2010.
(4)
Per Share and Other Data includes Kraft Foods Group data for periods prior to the October 1, 2012 Spin
-
Off date.
(5) Refer to the
Equity and Dividend
s section within
Management
’
s Discussion and Analysis of Financial Condition and Results of Operations
for additional
information on our dividends following the Spin
-
Off.
(6) Closing prices reflect historical market prices and have not been adjusted for periods prior to October 1, 2012 to reflect the Spin-Off of Kraft Foods Group on
that date.