可口可樂公司財務(wù)分析

1、單位單位: :百萬美元百萬美元至至2013-12-312013-12-31至至2012-12-312012-12-31至至2011-12-312011-12-31至至2010-12-312010-12-31現(xiàn)金及現(xiàn)金等價物現(xiàn)金及現(xiàn)金等價物10414.0010414.008442.008442.0012803.0012803.008517.008517.00短期投資短期投資9854.009854.008109.008109.001232.001232.002820.002820.00現(xiàn)金及短期投資現(xiàn)金及短期投資20268.0020268.0016551.0016551.0014035.00140

2、35.0011337.0011337.00應(yīng)收賬款凈額應(yīng)收賬款凈額4873.004873.004759.004759.004920.004920.004430.004430.00其他應(yīng)收賬款其他應(yīng)收賬款0.000.000.000.000.000.000.000.00應(yīng)收賬款總計應(yīng)收賬款總計( (凈額凈額) )4873.004873.004759.004759.004920.004920.004430.004430.00庫存總額庫存總額3277.003277.003264.003264.003092.003092.002650.002650.00預(yù)付費用預(yù)付費用2400.002400.00228

3、4.002284.002963.002963.003162.003162.00其他流動資產(chǎn)合計其他流動資產(chǎn)合計486.00486.003470.003470.00487.00487.000.000.00資產(chǎn)負債表資產(chǎn)負債表流動資產(chǎn)總額流動資產(chǎn)總額31304.0030328.0025497.0021579.00物業(yè)物業(yè)/廠房廠房/設(shè)備總計設(shè)備總計(毛額毛額)25032.0023486.0023151.0021706.00累計折舊總額累計折舊總額-10065.00-9010.00-8212.00-6979.00商譽凈額商譽凈額12312.0012255.0012219.0011665.00無形資產(chǎn)

4、凈額無形資產(chǎn)凈額15299.0015082.0015450.0015244.00長期投資長期投資11512.0010448.008374.007585.00其他長期資產(chǎn)總額其他長期資產(chǎn)總額4661.003585.003495.002121.00資產(chǎn)總額資產(chǎn)總額90055.0086174.0079974.0072921.00應(yīng)付帳款應(yīng)付帳款1933.001844.001966.001887.00應(yīng)付費用應(yīng)付費用7173.006711.006837.006972.00應(yīng)付票據(jù)應(yīng)付票據(jù)/短期債務(wù)短期債務(wù)16901.0016297.0012871.008100.00長期債務(wù)中本期到期部分長期債務(wù)中本期

5、到期部分/資資本租賃本租賃1024.001577.002041.001276.00其他流動債務(wù)總額其他流動債務(wù)總額780.001392.00568.00273.00流動債務(wù)總額流動債務(wù)總額27811.0027811.0027821.0027821.0024283.0024283.0018508.0018508.00長期債務(wù)長期債務(wù)19154.0019154.0014736.0014736.0013656.0013656.0014041.0014041.00資本租賃債務(wù)資本租賃債務(wù)0.000.000.000.000.000.000.000.00長期債務(wù)總額長期債務(wù)總額19154.0019154.

6、0014736.0014736.0013656.0013656.0014041.0014041.00債務(wù)總額債務(wù)總額37079.0037079.0032610.0032610.0028568.0028568.0023417.0023417.00遞延所得稅遞延所得稅6152.006152.004981.004981.004694.004694.004261.004261.00少數(shù)權(quán)益少數(shù)權(quán)益267.00267.00378.00378.00286.00286.00314.00314.00其他債務(wù)總額其他債務(wù)總額3498.003498.005468.005468.005420.005420.0047

7、94.004794.00債務(wù)總額債務(wù)總額56882.0056882.0053384.0053384.0048339.0048339.0041918.0041918.00可贖回優(yōu)先股總計可贖回優(yōu)先股總計0.000.000.000.000.000.000.000.00不可贖回優(yōu)先股凈值不可贖回優(yōu)先股凈值0.000.000.000.000.000.000.000.00普通股總計普通股總計1760.001760.001760.001760.001760.001760.00880.00880.00額外實收資本額外實收資本12276.0012276.0011379.0011379.0010332.0010

8、332.0010057.0010057.00留存盈余留存盈余( (累計虧損累計虧損) )61660.0061660.0058045.0058045.0053621.0053621.0049278.0049278.00庫藏股庫藏股 - - 普通股普通股-39091.00-39091.00-35009.00-35009.00-31304.00-31304.00-27762.00-27762.00其他權(quán)益總額其他權(quán)益總額-3690.00-3690.00-3385.00-3385.00-2774.00-2774.00-1450.00-1450.00權(quán)益總額權(quán)益總額33173.0033173.00327

9、90.0032790.0031635.0031635.0031003.0031003.00總負債及股東權(quán)益總負債及股東權(quán)益90055.0090055.0086174.0086174.0079974.0079974.0072921.0072921.00已發(fā)行股票已發(fā)行股票 - - 首次發(fā)行普首次發(fā)行普通股通股0.000.000.000.000.000.000.000.00已發(fā)行普通股總計已發(fā)行普通股總計4402.004402.004469.004469.004526.004526.004584.004584.00利潤表查看：季度數(shù)據(jù)|年度數(shù)據(jù)單位單位:百萬美元百萬美元至至2013-12-31至至

10、2012-12-31至至2011-12-31至至2010-12-31營收46854.0048017.0046542.0035119.00其他營收總額0.000.000.000.00營收總額營收總額46854.0048017.0046542.0035119.00營收成本總額18421.0019053.0018215.0012693.00毛利毛利28433.0028964.0028327.0022426.00銷售/常規(guī)/行政費用總額17372.0017738.0017422.0013158.00研發(fā)費用0.000.000.000.00折舊/攤銷0.000.000.000.00凈運營利息支出(收入)

11、0.000.000.000.00非常規(guī)支出(收入)516.00417.000.00-4733.00其他運營開支總額18.0030.00732.00260.00運營開支總額運營開支總額36265.0037238.0036369.0021378.00運營利潤運營利潤10589.0010779.0010173.0013741.00非運營凈利息支出(收入)0.000.000.000.00資產(chǎn)出售收益(虧損)0.000.000.000.00其他收益凈值-180.0095.00529.00-107.00稅前利潤稅前利潤11477.0011809.0011458.0014243.00稅后利潤稅后利潤8626

12、.009086.008646.0011859.00少數(shù)權(quán)益少數(shù)權(quán)益-42.00-42.00-67.00-67.00-62.00-62.00-50.00-50.00附屬公司權(quán)益附屬公司權(quán)益0.000.000.000.000.000.000.000.00扣除特別項目前凈利扣除特別項目前凈利8584.008584.009019.009019.008584.008584.0011809.0011809.00會計變更會計變更0.000.000.000.000.000.000.000.00已終止運營業(yè)務(wù)已終止運營業(yè)務(wù)0.000.000.000.000.000.000.000.00非經(jīng)常項目非經(jīng)常項目0.0

13、00.000.000.000.000.000.000.00凈利潤凈利潤8584.008584.009019.009019.008584.008584.0011809.0011809.00優(yōu)先股息優(yōu)先股息0.000.000.000.000.000.000.000.00歸屬普通股東收益歸屬普通股東收益( (不計非經(jīng)常項不計非經(jīng)常項目目) )8584.008584.009019.009019.008584.008584.0011809.0011809.00歸屬普通股東收益歸屬普通股東收益( (包括非經(jīng)常項包括非經(jīng)常項目目) )8584.008584.009019.009019.008584.0085

14、84.0011809.0011809.00基本加權(quán)平均股數(shù)基本加權(quán)平均股數(shù)0.000.000.000.000.000.000.000.00每股基本收益每股基本收益( (不計非經(jīng)常項目不計非經(jīng)常項目) )0.000.000.000.000.000.000.000.00每股基本收益每股基本收益( (包括非經(jīng)常項目包括非經(jīng)常項目) )0.000.000.000.000.000.000.000.00攤薄調(diào)整攤薄調(diào)整0.000.000.000.000.000.000.000.00攤薄加權(quán)平均股數(shù)攤薄加權(quán)平均股數(shù)4509.004509.004584.004584.004646.004646.004666.

15、004666.00每股攤薄收益每股攤薄收益( (不計非經(jīng)常項目不計非經(jīng)常項目) )1.901.901.971.971.851.852.532.53每股攤薄收益每股攤薄收益( (包括非經(jīng)常項目包括非經(jīng)常項目) )0.000.000.000.000.000.000.000.00每股股息每股股息 - - 首次發(fā)行普通股首次發(fā)行普通股1.121.121.021.020.940.940.880.88 利潤表分析n1.凈利潤變動分析凈利潤變動分析 從圖可以看出，2010年2011年凈利潤變化幅度較大，觀察表可知，凈利潤由11809百萬美元下降至8584百萬美元，下降數(shù)目大。2011年2013年凈利潤變化幅

16、度平緩，變化幅度不大。n2.利潤總額變動分析利潤總額變動分析 可口可樂公司利潤總額由2010年的14243萬美元下降到2011年的11458萬美元，下降了20%。關(guān)鍵是因為運營開支總額增加。2011年2013年利潤總額變化幅度較小。n3.營業(yè)利潤變動分析營業(yè)利潤變動分析 從圖中可以看出，營業(yè)利潤和營業(yè)利潤率的變化幅度跟凈利潤和凈利潤率的變化幅度是趨同的?？煽诳蓸饭?010年營業(yè)利潤為13741萬美元，2011年營業(yè)利潤為10173萬美元，營業(yè)利潤率下滑了26%，運營開支總額總額增加是營業(yè)利潤下滑的主要因素。營收總額呈遞增趨勢但運營開支的大幅上升使得營業(yè)利潤大幅下降。 現(xiàn)金流量表單位單位:百萬

17、美元百萬美元至至2013-12-31至至2012-12-31至至2011-12-31至至2010-12-31凈利潤凈利潤8626.009086.008646.0011837.00折舊折舊/損耗損耗1977.001982.001954.001443.00攤銷攤銷0.000.000.000.00遞延稅項遞延稅項648.00632.001035.00604.00非現(xiàn)金項目非現(xiàn)金項目223.0025.00-268.00-4722.00運營資本變動運營資本變動-932.00-1080.00-1893.00370.00運營活動所產(chǎn)生現(xiàn)金運營活動所產(chǎn)生現(xiàn)金10542.0010645.009474.009532.00資本開支資本開支-2550.00-2780.00-2920.00-2215.00其他投資現(xiàn)金流項目總計其他投資現(xiàn)金流項目總計-1664.00-8624.00396.00-2190.00投資活動所產(chǎn)生現(xiàn)金投資活動所產(chǎn)生現(xiàn)金-4214.00-11404.00-2524.00-4405.00融資現(xiàn)金流項目融資現(xiàn)金流項目17.00100.0045.0050.00現(xiàn)金支付股息總額現(xiàn)金支付股息總額-4969.00-4595.00-4300.00-4068.00凈發(fā)行凈發(fā)行(贖回贖回)股票股票-3504