Pepsi 2013 Annual Report Download - page 73

Download and view the complete annual report

Please find page 73 of the 2013 Pepsi 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 164

  • 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
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164

55
Organic Revenue Growth
Organic revenue growth is a significant measure we use to monitor net revenue performance. However, it is
not a measure provided by accounting principles generally accepted in the U.S. Therefore, this measure is
not, and should not be viewed as, a substitute for U.S. GAAP net revenue growth. In order to compute our
organic revenue growth results, we exclude the impact of acquisitions and divestitures, foreign exchange
translation and the 53rd week from reported net revenue growth. See also “Non-GAAP Measures.”
2013 FLNA QFNA LAF PAB Europe AMEA Total
Reported Growth 4% (1)% 7% (2)% 2 % (2)% 1 %
% Impact of:
Foreign exchange translation —— 6 1 1 4 2
Acquisitions and divestitures —— — — — 10 1
Organic Growth(a) 4 % (0.5 )% 13 % (1 )% 3.5 % 11 % 4 %
2012 FLNA QFNA LAF PAB Europe AMEA Total
Reported Growth 2 % (1 )% 9 % (4.5 )% (1)% (10 )% (1.5)%
% Impact of:
Foreign exchange translation — — 7 — 7 3 2.5
Acquisitions and divestitures — — (2) 4.5 (2) 17 3
53rd week 2 2 — 1 — — 1
Organic Growth(a) 4 % 1 % 14 % 1.5 % 4 % 10 % 5 %
(a) Amounts may not sum due to rounding.