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DR PEPPER SNAPPLE GROUP, INC.
RECONCILIATION OF GAAP AND NON-GAAP INFORMATION
For the Years Ended December 31, 2008 and 2007
(Dollars in millions, except per share data)
We report our financial results in accordance with U.S. GAAP. However, management believes that certain
non-GAAP measures that reflect the way management evaluates the business may provide investors with additional
information regarding our results, trends and ongoing performance on a comparable basis. The tables below adjust
for the following key items impacting 2008 and 2007 results:
• the impact of the termination of the distribution agreements for glaceau and Hansen products in November
2007 and November 2008, respectively;
• the impact of the acquisition of Southeast-Atlantic Beverage Corporation (“SeaBev”) in July 2007; and
• the impact of significant one-time items.
See additional details for the related adjustments within the following Annual Report on Form 10-K.
2008 2007
Percent
Change
For the Year Ended
December 31,
Net sales as reported ..................................... $5,710 $5,695 0%
Sales related to SeaBev, glaceau, and Hansen’s ................. (61) (250)
Net sales excluding SeaBev, glaceau and Hansen’s .............. $5,649 $5,445 4%
2008 2007
Percent
Change
For the Year Ended
December 31,
Segment Results — UOP
Segment underlying operating profit(1) ........................... $1,073 $1,128
One-time gain from termination of glaceau included in Bottling Group UOP . . . — (13)
LIFO inventory adjustment .................................... (20) (6)
Intersegment eliminations and impact of foreign currency .............. (2) 2
Segment underlying operating profit ............................. 1,051 1,111 (5)%
Impact of SeaBev, glaceau, and Hansen’s .......................... — (57)
Segment underlying operating profit, excluding certain items ........... $1,051 $1,054 0%
(1) Amount represents the total of the underlying operating profit for the four operating segments.
For the Year Ended
December 31, 2008
Loss from operations as reported ................................... $ (168)
Amortization expense related to intangible assets ....................... 1,039
Restructuring costs ............................................. 57
Transaction costs and other one time separation costs .................... 33
Income from operations, excluding certain items ....................... $ 961
For the Year Ended
December 31, 2008
Reported EPS .................................................. $(1.23)
Impairment of goodwill and intangible assets .......................... 2.74
Restructuring costs ............................................. 0.14
Transaction costs and other one time separation costs .................... 0.08
Bridge loan fees and expenses ..................................... 0.06
Separation related tax items ....................................... 0.06
EPS, excluding certain items ....................................... $1.85
13