Pepsi 2009 Annual Report Download - page 72
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Fiscal years ended December 26, 2009, December 27, 2008 and December 29, 2007 2009 2008 2007
Net Revenue $43,232 $43,251 $39,474
Cost of sales 20,099 20,351 18,038
Selling, general and administrative expenses 15,026 15,877 14,196
Amortization of intangible assets 63 64 58
Operating Profit 8,044 6,959 7,182
Bottling equity income 365 374 560
Interest expense (397) (329) (224)
Interest income 67 41 125
Income before Income Taxes 8,079 7,045 7,643
Provision for Income Taxes 2,100 1,879 1,973
Net Income 5,979 5,166 5,670
Less: Net income attributable to noncontrolling interests 33 24 12
Net Income Attributable to PepsiCo $÷5,946 $÷5,142 $÷5,658
Net Income Attributable to PepsiCo per Common Share
Basic $÷÷3.81 $÷÷3.26 $÷÷3.48
Diluted $÷÷3.77 $÷÷3.21 $÷÷3.41
See accompanying notes to consolidated financial statements.
60 PepsiCo, Inc. 2009 Annual Report
Consolidated Statement of Income
PepsiCo, Inc. and Subsidiaries
(in millions except per share amounts)
88045_pepsico-09ar_60-63_R1.indd 60 2/24/10 4:54 PM