Common Stock at stated value
4,008.0
4,008.0
4,008.0
4,007.0
4,002.0
Long-term debt
Additional paid-in capital
63,181.0
62,405.0
61,697.0
61,118.0
60,307.0
Reserve for ESOP debt retirement
(1,357.0)
(1,357.0)
(1,350.0)
(1,340.0)
(1,325.0)
Redeemable Prefer
Accumulated other comprehensive
(9,333.0)
(2,054.0)
(7,822.0)
(3,358.0)
3,746.0
Total financial liabil
Treasury stock, at cost
(69,604.0)
(67,278.0)
(61,309.0)
(55,961.0)
(47,588.0)
Net financial asset
Retained earnings
CSE
75,349.0
70,682.0
64,614.0
57,309.0
48,986.0
Noncontrolling interest
596.0
361.0
324.0
-
-
Common Shareho
Total shareholders' equi
CSE
64,035.0
68,001.0
61,439.0
63,099.0
69,494.0
Total liabilities and shareholders'
132,244.0
138,354.0
128,172.0
134,833.0
143,992.0
Less ESOP reserv
Total CSE and NFO
2008
2009
2010
2011
2012
ets (NOA):
$396.3
383.47
387.835
405.52
418.4
6,761.0
5836
5335
6275
6068
8,416.0
6880
6384
7379
6721
3,785.0
3,017.25
3,012.53
4,157.56
3,474.69
20,640.0
19462
19244
21293
20377
59,767.0
56512
54012
57562
53773
34,233.0
32606
31636
32620
30988
6,849.0
5557
5488
6049
6197
140,847.3 130253.72 125499.367 135741.08 128017.09
s
6,775.0
5980
7251
8022
7920
10,154.0
8601
8559
9290
8289
erest
324.0
361.0
596.0
945.0
0
0
0
0
8,154.0
9,429.0
10,189.0
9,957.0
12,090.0
11,805.0
10,752.0
10,902.0
11,070.0
10,132.0
37,833.0
34762
37225
38700
39027
103,014.3 95491.718 88274.3668 97041.078 88990.092
ets (obligations) (NFA/NFO):
2,916.7
4,397.53
2,491.165
2,362.48
4,017.6
228.0
181.75
181.47
250.44
209.31
3,144.7
4,579.28
2,672.63
2,612.92
4,226.91
13,084.0
16,320.0
8,472.0
9,981.0
8,698.0
interest bearing
23,581.0
20,652.0
21,360.0
22,033.0
21,080.0
(1,325.0)
(1,340.0)
(1,350.0)
(1,357.0)
(1,357.0)
1,366.0
1,324.0
1,277.0
1,234.0
1,195.0
36,706.0
36,956.0
29,759.0
31,891.0
29,616.0
33,561.3 32,376.72
27,086.37 29,278.08 25,389.09
69,452.0
63,099.0
61,150.0
67,817.0
63,541.0
103,013.3 95,475.72
88,236.37 97,095.08 88,930.09
PNG
Consolidated Statement of earnings
Dollars in millions/Shares in thousands
PROCTER AND GAMBLE. REFORMULATE
2012
2011
2010
2009
2008
(in millions)
NET SALES
83680
81104
77567
76694
79257
for the year ended
2008/06/30
Cost of products sold
42,391
39,859
37,042
38,690
39,261
Operating revenue
79257
26,421
25,750
24,793
22,630
24,017
Cost of sales
39,261
1,576
—
—
Gross margin
39,996
OPERATING INCOME
13,292
15,495
15,732
15,374
15,979
Operating expenses
Interest expense
769
831
946
1,358
1,467
Administrative expenses
13,551
262
333
82
397
373
Advertising
8,520
12,785
14,997
14,868
14,413
14,885
1,946
3,468
3,299
4,017
3,733
3,594
Other expense, net
9,317
11,698
10,851
10,680
11,291
Total operating expenses
24,017
1,587
229
1,995
2,756
784
15,979
NET EARNINGS
10,904
11,927
12,846
$13,436
$12,075
Tax on operating income
148
130
110
Tax as reported
3,594
10,756
11,797
12,736
(165)
551
3,980
$ 3.24
$ 4.04
$ 3.63
$ 3.55
$ 3.61
11,999
0.58
0.08
0.69
0.94
0.25
Selling, general and
administrative expense
Goodwill and indefinite lived
intangible asset impairment
charges
Other non-operating income,
net
EARNINGS FROM
CONTINUING
OPERATIONS BEFORE
INCOME TAXES
Research and
Development
Income taxes on continuing
operations
NET EARNINGS FROM
CONTINUING
OPERATIONS
NET EARNINGS FROM
DISCONTINUED
OPERATIONS
Core operating income
(before tax)
Less: Net earnings
attributable to noncontrolling
interests
NET EARNINGS
ATTRIBUTABLE TO
PROCTER & GAMBLE
Tax on other operating
income
Tax benefit from net
interest expenses
BASIC NET EARNINGS
PER COMMON SHARE
(1)
:
Total tax on operating
income
Earnings from continuing
operations
Core operating income
(after tax)
Earnings from discontinued
operations
Other operating income
(expense) (net of tax)
3.82
4.12
4.32
4.49
3.86
Gain on asset sales
434
Restructuring charge, net
-
3.12
3.85
3.47
3.39
3.4
(165)
0.54
0.08
0.64
0.87
0.24
269
3.66
3.93
4.11
4.26
3.64
$ 2.14
$ 1.97
$ 1.80
$ 1.64
$ 1.45
Other comprehensive income
3,129.0
Loss on ESOP reserve
(283.0)
Other
(232.0)
2,883.1
Operating income after tax
14,882.0
Interest expense
1467.0
Interest income
(17.0)
1,450.0
Tax benefit of debt
(551.0)
Net interest after tax
899.0
Preferred dividends
176.0
1,075.0
(78.0)
Discounted operation
784.0
14,513.0
BASIC NET EARNINGS
PER COMMON SHARE
DILUTED NET
EARNINGS PER
COMMON SHARE
(1)
:
Earnings from continuing
operations
Tax on restructuring
charge
Earnings from discontinued
operations
Restructuring charge after
tax
DILUTED NET
EARNINGS PER
COMMON SHARE
Foreign currency
translation
DIVIDENDS PER
COMMON SHARE
Total other operating
income (expense)
Net financial expense
(NFE)
Net interest expense
before tax
Net financial expense
(NFE)
Non-controlling interest in
earnings
Comprehensive income
(available to common)
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- Spring '17
- Enkhjin
