Pepsi 2010 Annual Report Download - page 72
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Consolidated Statement of Income PepsiCo, Inc. and Subsidiaries
71
(inmillions except per share amounts)
Fiscal years ended December25, 2010, December 26, 2009 and December 27, 2008 2010 2009 2008
Net Revenue $57,838 $43,232 $43,251
Cost of sales 26,575 20,099 20,351
Selling, general and administrative expenses 22,814 15,026 15,877
Amortization of intangible assets 117 63 64
Operating Prot 8,332 8,044 6,959
Bottling equity income 735 365 374
Interest expense (903) (397) (329)
Interest income 68 67 41
Income before income taxes 8,232 8,079 7,045
Provision for income taxes 1,894 2,100 1,879
Net income 6,338 5,979 5,166
Less: Net income attributable to noncontrolling interests 18 33 24
Net Income Attributable to PepsiCo $ 6,320 $ 5,946 $ 5,142
Net Income Attributable to PepsiCo per Common Share
Basic $ 3.97 $ 3.81 $ 3.26
Diluted $ 3.91 $ 3.77 $ 3.21
Cash dividends declared per common share $ 1.89 $ 1.775 $ 1.65
See accompanying notes to consolidated nancial statements.