Pepsi 2014 Annual Report Download - page 46

Download and view the complete annual report

Please find page 46 of the 2014 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 166

  • 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
  • 165
  • 166

26
Each of our divisions utilize plants, warehouses, distribution centers, offices and other facilities in connection
with making, marketing, selling and distributing our products. The approximate number of such facilities
utilized by each division is as follows:
FLNA (a) QFNA LAF PAB Europe AMEA (b) Shared (c)
Plants(d) 40 5 55 75 110 50 6
Other Facilities(e) 1,700 2 605 465 425 490 60
(a) Excludes three snack plants and one office that are utilized by FLNAs joint venture with Strauss Group, all of which are owned or leased
by the joint venture.
(b) Excludes properties utilized in connection with AMEAs strategic alliance with Tingyi that are owned or leased by Tingyi.
(c) Shared properties are in addition to the other properties reported by our six divisions identified in this table. QFNA shares 12 warehouse and
distribution centers with PAB and FLNA. QFNA also shares 15 warehouse and distribution centers and one plant with PAB, as well as one
research and development laboratory. FLNA shares one plant with LAF. PAB, Europe and AMEA share two plants and a service center.
Europe and AMEA share a research and development facility. PAB and AMEA share two concentrate plants. In addition, approximately 30
offices support shared functions.
(d) Includes manufacturing and processing plants as well as bottling and production plants.
(e) Includes warehouses, distribution centers, offices including division headquarters, research and development facilities and other facilities.
Significant properties by division included in the table above are as follows:
FLNAs research facility in Plano, Texas, which is owned.
QFNAs snack plant in Cedar Rapids, Iowa, which is owned.
LAF’s four snack plants in Brazil (Guarulhos) and the Mexican cities of Celaya, Monterrey and
Mexico City (Vallejo), all of which are owned.
PAB’s concentrate plants in Cork, Ireland, its research and development facility in Valhalla, New
York, and a Tropicana plant in Bradenton, Florida, all of which are owned.
Europe’s snack plant in Leicester, United Kingdom, which is leased, and its snack research and
development facility in Leicester, United Kingdom, its beverage plant in Lebedyan, Russia and its
dairy plant in Moscow, Russia, all of which are owned.
AMEAs beverage plants in Sixth of October City, Egypt, Rayong, Thailand and Amman, Jordan,
and its snack plants in Sixth of October City, Egypt, which are owned, and Riyadh, Saudi Arabia,
which is leased.
Shared service centers in Winston-Salem, North Carolina, and Plano, Texas, which are primarily
shared by our FLNA, QFNA and PAB divisions, both of which are leased.
Leases of plants in North America generally are on a long-term basis, expiring at various times, with options
to renew for additional periods. Most international plants are owned or leased on a long-term basis. In addition
to company-owned or leased properties described above, we also utilize a highly distributed network of
plants, warehouses and distribution centers that are owned or leased by our contract manufacturers, co-
packers, strategic alliances or joint ventures in which we have an equity interest. We believe that our properties
generally are in good operating condition and, taken as a whole, are suitable, adequate and of sufficient
capacity for our current operations.
Table of Contents