Snapple 2011 Annual Report Download - page 15

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2011 2010
Percent
Change
Segment Results – Segment Operating Profit ("SOP")
Beverage Concentrates …………………………………………………… 779$ 745$ 5%
Packaged Beverages………………………………………………………. 519 536 (3)%
Latin America Beverages…………………………………………………. 4 3 4 0 8%
Total SOP……………………………………………………………………… 1,341 1,321 2%
Unallocated corporate costs ……………………………………………. 306 288
Other operating expense (income), net………………………………….. 1 1 8
Income from operations……………………………………………………… 1,024 1,025
2011 2010
Percent
Change
Reported Diluted EPS………………………………………………………… 2.74$ 2.17$ 26%
Litigation provision………………………………………….…………….….
…
0.05
Loss on early extinguishment of debt…………………………………………. 0.27
Kraft indemnity income related items…………………………………………… (0.04)
Diluted EPS, excluding certain items……………………………………….. 2.79$ 2.40$ 16%
December 31,
For the Twelve Months Ended
Diluted earnings per share ("EPS") excluding certain items: Reported EPS adjusted for: 1) litigation provision, 2) the loss on early
extinguishment of a portion of the senior notes due 2018, and 3) certain separation-related tax items in 2010.
DR PEPPER SNAPPLE GROUP, INC.
RECONCILIATION OF GAAP AND NON-GAAP INFORMATION
For the Twelve Months Ended December 31, 2011 and 2010
(Unaudited)
The company reports its financial results in accordance with accounting principles generally accepted in the United States of America ("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 the company's results, trends and ongoing performance on a comparable basis.
Specifically, investors should consider the following with respect to our annual results:
For the Twelve Months Ended
December 31,
13