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  • Prepare an Executive Summary (1,000 words minimum) using the information contained in the company’s balance sheet and income statement, answering the following questions with appropriate commentary, using the year-end numbers for the most recent annual reporting period available.
  • Provide a brief description of the company and its business.
  • How much cash and cash equivalents did the company have?
  • What were the company’s total current assets? In what order should current assets be presented?
  • What were the two largest current assets reported?
  • What were the company’s total assets?
  • What amount of accounts payable did the company have?
  • What were the company’s total current liabilities?
  • What were the company’s two largest current liabilities?
  • What were the company’s total liabilities?
  • What were the company’s total revenues for the year?
  • What was the company’s net income for the year?
  • What was the change in dollars in the company’s net income from its most recent reporting period to the previous period?
  • All the necessary information for this work is in the following attachment. Please use only the information regarding the Amazon company and be guided by the instructions.

Once each year, a corporation communicates to its stockholders and other inter- ested parties by issuing a complete set of audited ! nancial statements. The annual report , as this communication is called, summarizes the ! nancial results of the company’s operations for the year and its plans for the future. Many annual reports are attractive, multicolored, glossy public relations pieces, containing pictures of corporate of! cers and directors as well as photos and descriptions of new products and new buildings. Yet the basic function of every annual report is to report ! nancial information, almost all of which is a product of the corpora- tion’s accounting system. The content and organization of corporate annual reports have become fairly standardized. Excluding the public relations part of the report (pictures, prod- ucts, etc.), the following are the traditional ! nancial portions of the annual report:

• Financial Highlights

• Letter to the Stockholders

• Management’s Discussion and Analysis

• Financial Statements

• Notes to the Financial Statements

• Management’s Responsibility for Financial Reporting

• Management’s Report on Internal Control over Financial Reporting

• Report of Independent Registered Public Accounting Firm

• Selected Financial Data

The of! cial SEC ! ling of the annual report is called a Form 10-K, which often omits the public relations pieces found in most standard annual reports. On the following pages, we present Apple Inc.’s ! nancial statements taken from the company’s 2013 Form 10-K. To access Apple’s Form 10-K, including notes to the ! nancial statements, follow these steps:

1. Go to http://investor.apple.com.

2. Select the Financial Information tab.

3. Select the 10-K annual report dated September 28, 2013.

4. The Notes to Consolidated Financial Statements begin on page 50.

Specimen Financial Statements: Apple Inc.

Appendix A

A-1

A-2 Appendix A Specimen Financial Statements: Apple Inc.

CONSOLIDATED STATEMENTS OF OPERATIONS

(In millions, except number of shares which are reflected in thousands and per share amounts)

See accompanying Notes to Consolidated Financial Statements.

Years ended

September 28, 2013 September 29, 2012 September 24, 2011

Net sales $ 170,910 $ 156,508 $ 108,249 Cost of sales 106,606 87,846 64,431

Gross margin 64,304 68,662 43,818

Operating expenses: Research and development 4,475 3,381 2,429 Selling, general and administrative 10,830 10,040 7,599

Total operating expenses 15,305 13,421 10,028

Operating income 48,999 55,241 33,790 Other income/(expense), net 1,156 522 415

Income before provision for income taxes 50,155 55,763 34,205 Provision for income taxes 13,118 14,030 8,283

Net income $ 37,037 $ 41,733 $ 25,922

Earnings per share: Basic $ 40.03 $ 44.64 $ 28.05 Diluted $ 39.75 $ 44.15 $ 27.68

Shares used in computing earnings per share: Basic 925,331 934,818 924,258 Diluted 931,662 945,355 936,645

Cash dividends declared per common share $ 11.40 $ 2.65 $ 0.00

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(In millions)

Years ended

September 28, 2013

September 29, 2012

September 24, 2011

Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $37,037 $41,733 $25,922

Other comprehensive income/(loss):

Change in foreign currency translation, net of tax effects of $35, $13 and $18,

respectively . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (112) (15) (12)

Change in unrecognized gains/losses on derivative instruments:

Change in fair value of derivatives, net of tax benefit/(expense) of $(351), $73 and

$(50), respectively . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 522 (131) 92

Adjustment for net losses/(gains) realized and included in net income, net of tax

expense/(benefit) of $255, $220 and $(250), respectively . . . . . . . . . . . . . . . . . . . (458) (399) 450

Total change in unrecognized gains/losses on derivative instruments, net of tax . . . . 64 (530) 542

Change in unrealized gains/losses on marketable securities:

Change in fair value of marketable securities, net of tax benefit/(expense) of $458,

$(421) and $17, respectively . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (791) 715 29

Adjustment for net losses/(gains) realized and included in net income, net of tax

expense/(benefit) of $82, $68 and $(40), respectively . . . . . . . . . . . . . . . . . . . . . . (131) (114) (70)

Total change in unrealized gains/losses on marketable securities, net of tax . . . . . . . (922) 601 (41)

Total other comprehensive income/(loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (970) 56 489

Total comprehensive income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $36,067 $41,789 $26,411

See accompanying Notes to Consolidated Financial Statements.

Appendix A Specimen Financial Statements: Apple Inc. A-3

CONSOLIDATED BALANCE SHEETS

(In millions, except number of shares which are reflected in thousands)

See accompanying Notes to Consolidated Financial Statements.

September 28, 2013 September 29, 2012

ASSETS: Current assets:

Cash and cash equivalents $ 14,259 $ 10,746 Short-term marketable securities 26,287 18,383 Accounts receivable, less allowances of $99 and $98,

respectively 13,102 10,930 Inventories 1,764 791 Deferred tax assets 3,453 2,583 Vendor non-trade receivables 7,539 7,762 Other current assets 6,882 6,458

Total current assets 73,286 57,653

Long-term marketable securities 106,215 92,122 Property, plant and equipment, net 16,597 15,452 Goodwill 1,577 1,135 Acquired intangible assets, net 4,179 4,224 Other assets 5,146 5,478

Total assets $ 207,000 $ 176,064

LIABILITIES AND SHAREHOLDERS’ EQUITY:

Current liabilities: Accounts payable $ 22,367 $ 21,175 Accrued expenses 13,856 11,414 Deferred revenue 7,435 5,953

Total current liabilities 43,658 38,542

Deferred revenue – non-current 2,625 2,648 Long-term debt 16,960 0 Other non-current liabilities 20,208 16,664

Total liabilities 83,451 57,854

Commitments and contingencies

Shareholders’ equity: Common stock, no par value; 1,800,000 shares authorized;

899,213 and 939,208 shares issued and outstanding, respectively 19,764 16,422

Retained earnings 104,256 101,289 Accumulated other comprehensive income/(loss) (471 ) 499

Total shareholders’ equity 123,549 118,210

Total liabilities and shareholders’ equity $ 207,000 $ 176,064

A-4 Appendix A Specimen Financial Statements: Apple Inc.

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY

(In millions, except number of shares which are reflected in thousands)

See accompanying Notes to Consolidated Financial Statements.

Common Stock

Retained

Earnings

Accum- ulated

Other Compre-

hensive Income/

(Loss)

Total

Share- holders’

Equity

Shares Amount

Balances as of September 25, 2010 915,970 $ 10,668 $ 37,169 $ (46) $ 47,791

Net income 0 0 25,922 0 25,922 Other comprehensive income/(loss) 0 0 0 489 489 Share-based compensation 0 1,168 0 0 1,168 Common stock issued under stock plans, net of shares

withheld for employee taxes 13,307 561 (250 ) 0 311 Tax benefit from equity awards, including transfer

pricing adjustments 0 934 0 0 934

Balances as of September 24, 2011 929,277 13,331 62,841 443 76,615

Net income 0 0 41,733 0 41,733 Other comprehensive income/(loss) 0 0 0 56 56 Dividends and dividend equivalent rights declared 0 0 (2,523 ) 0 (2,523 ) Share-based compensation 0 1,740 0 0 1,740 Common stock issued under stock plans, net of shares

withheld for employee taxes 9,931 200 (762 ) 0 (562 ) Tax benefit from equity awards, including transfer

pricing adjustments 0 1,151 0 0 1,151

Balances as of September 29, 2012 939,208 16,422 101,289 499 118,210

Net income 0 0 37,037 0 37,037 Other comprehensive income/(loss) 0 0 0 (970 ) (970 ) Dividends and dividend equivalent rights declared 0 0 (10,676 ) 0 (10,676 ) Repurchase of common stock (46,976 ) 0 (22,950 ) 0 (22,950 ) Share-based compensation 0 2,253 0 0 2,253 Common stock issued under stock plans, net of shares

withheld for employee taxes 6,981 (143 ) (444 ) 0 (587 ) Tax benefit from equity awards, including transfer

pricing adjustments 0 1,232 0 0 1,232

Balances as of September 28, 2013 899,213 $ 19,764 $ 104,256 $ (471) $ 123,549

Appendix A Specimen Financial Statements: Apple Inc. A-5

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In millions)

See accompanying Notes to Consolidated Financial Statements.

Years ended

September 28,

2013 September 29,

2012 September 24,

2011

Cash and cash equivalents, beginning of the year $ 10,746 $ 9,815 $ 11,261

Operating activities: Net income 37,037 41,733 25,922 Adjustments to reconcile net income to cash generated by operating

activities: Depreciation and amortization 6,757 3,277 1,814 Share-based compensation expense 2,253 1,740 1,168 Deferred income tax expense 1,141 4,405 2,868

Changes in operating assets and liabilities: Accounts receivable, net (2,172 ) (5,551 ) 143 Inventories (973 ) (15 ) 275 Vendor non-trade receivables 223 (1,414 ) (1,934 ) Other current and non-current assets 1,080 (3,162 ) (1,391 ) Accounts payable 2,340 4,467 2,515 Deferred revenue 1,459 2,824 1,654 Other current and non-current liabilities 4,521 2,552 4,495

Cash generated by operating activities 53,666 50,856 37,529

Investing activities: Purchases of marketable securities (148,489 ) (151,232 ) (102,317 ) Proceeds from maturities of marketable securities 20,317 13,035 20,437 Proceeds from sales of marketable securities 104,130 99,770 49,416 Payments made in connection with business acquisitions, net (496 ) (350 ) (244 ) Payments for acquisition of property, plant and equipment (8,165 ) (8,295 ) (4,260 ) Payments for acquisition of intangible assets (911 ) (1,107 ) (3,192 ) Other (160 ) (48 ) (259 )

Cash used in investing activities (33,774 ) (48,227 ) (40,419 )

Financing activities: Proceeds from issuance of common stock 530 665 831 Excess tax benefits from equity awards 701 1,351 1,133 Taxes paid related to net share settlement of equity awards (1,082 ) (1,226 ) (520 ) Dividends and dividend equivalent rights paid (10,564 ) (2,488 ) 0 Repurchase of common stock (22,860 ) 0 0 Proceeds from issuance of long-term debt, net 16,896 0 0

Cash generated by/(used in) financing activities (16,379 ) (1,698 ) 1,444

Increase/(decrease) in cash and cash equivalents 3,513 931 (1,446 )

Cash and cash equivalents, end of the year $ 14,259 $ 10,746 $ 9,815

Supplemental cash flow disclosure: Cash paid for income taxes, net $ 9,128 $ 7,682 $ 3,338

Consolidated Statement of Income

PepsiCo, Inc. and Subsidiaries

Fiscal years ended December 28, 2013, December 29, 2012 and December 31, 2011

(in millions except per share amounts)

2013 2012 2011

Net Revenue $ 66,415 $ 65,492 $ 66,504

Cost of sales 31,243 31,291 31,593

Selling, general and administrative expenses 25,357 24,970 25,145

Amortization of intangible assets 110 119 133

Operating Profit 9,705 9,112 9,633

Interest expense (911) (899) (856)

Interest income and other 97 91 57

Income before income taxes 8,891 8,304 8,834

Provision for income taxes 2,104 2,090 2,372

Net income 6,787 6,214 6,462

Less: Net income attributable to noncontrolling interests 47 36 19

Net Income Attributable to PepsiCo $ 6,740 $ 6,178 $ 6,443

Net Income Attributable to PepsiCo per Common Share

Basic $ 4.37 $ 3.96 $ 4.08

Diluted $ 4.32 $ 3.92 $ 4.03

Weighted-average common shares outstanding

Basic 1,541 1,557 1,576

Diluted 1,560 1,575 1,597

Cash dividends declared per common share $ 2.24 $ 2.1275 $ 2.025

See accompanying notes to consolidated financial statements.

PepsiCo, Inc. is a world leader in convenient snacks, foods, and beverages. The following are PepsiCo’s ! nancial statements as presented in its 2013 annual report. To access PepsiCo’s complete annual report, including notes to the ! nancial state- ments, follow these steps:

1. Go to www.pepsico.com.

2. Select Annual Reports and Proxy Information under the Investors tab.

3. Select the 2013 Annual Report.

4. The Notes to Consolidated Financial Statements begin on page 73.

Specimen Financial Statements: PepsiCo, Inc.

Appendix B

B-1

B-2 Appendix B Specimen Financial Statements: PepsiCo, Inc.

Consolidated Statement of Comprehensive Income

PepsiCo, Inc. and Subsidiaries

Fiscal years ended December 28, 2013, December 29, 2012 and December 31, 2011

(in millions)

2013

Pre-tax amounts Tax amounts

After-tax amounts

Net income $ 6,787

Other Comprehensive Income

Currency translation adjustment $ (1,303) $ — (1,303)

Cash flow hedges:

Reclassification of net losses to net income 45 (17) 28

Net derivative losses (20) 10 (10)

Pension and retiree medical:

Net prior service cost (23) 8 (15)

Net gains 2,540 (895) 1,645

Unrealized gains on securities 57 (28) 29

Other — (16) (16)

Total Other Comprehensive Income $ 1,296 $ (938) 358

Comprehensive income 7,145

Comprehensive income attributable to noncontrolling interests (45)

Comprehensive Income Attributable to PepsiCo $ 7,100

2012

Pre-tax amounts Tax amounts

After-tax amounts

Net income $ 6,214

Other Comprehensive Income

Currency translation adjustment $ 737 $ — 737

Cash flow hedges:

Reclassification of net losses to net income 90 (32) 58

Net derivative losses (50) 10 (40)

Pension and retiree medical:

Net prior service cost (32) 12 (20)

Net losses (41) (11) (52)

Unrealized gains on securities 18 — 18

Other — 36 36

Total Other Comprehensive Income $ 722 $ 15 737

Comprehensive income 6,951

Comprehensive income attributable to noncontrolling interests (31)

Comprehensive Income Attributable to PepsiCo $ 6,920

2011

Pre-tax amounts Tax amounts

After-tax amounts

Net income $ 6,462

Other Comprehensive Loss

Currency translation adjustment $ (1,464) $ — (1,464)

Cash flow hedges:

Reclassification of net losses to net income 5 4 9

Net derivative losses (126) 43 (83)

Pension and retiree medical:

Net prior service cost (18) 8 (10)

Net losses (1,468) 501 (967)

Unrealized losses on securities (27) 19 (8)

Other (16) 5 (11)

Total Other Comprehensive Loss $ (3,114) $ 580 (2,534)

Comprehensive income 3,928

Comprehensive income attributable to noncontrolling interests (84)

Comprehensive Income Attributable to PepsiCo $ 3,844

See accompanying notes to consolidated financial statements.

Appendix B Specimen Financial Statements: PepsiCo, Inc. B-3

Financing Activities

Proceeds from issuances of long-term debt $ 4,195 $ 5,999 $ 3,000

Payments of long-term debt (3,894) (2,449) (1,596)

Debt repurchase — — (771)

Short-term borrowings, by original maturity

More than three months – proceeds 23 549 523

More than three months – payments (492) (248) (559)

Three months or less, net 1,634 (1,762) 339

Cash dividends paid (3,434) (3,305) (3,157)

Share repurchases – common (3,001) (3,219) (2,489)

Share repurchases – preferred (7) (7) (7)

Proceeds from exercises of stock options 1,123 1,122 945

Excess tax benefits from share-based payment arrangements 117 124 70

Acquisition of noncontrolling interests (20) (68) (1,406)

Other financing (33) (42) (27)

Net Cash Used for Financing Activities (3,789) (3,306) (5,135)

Effect of exchange rate changes on cash and cash equivalents (196) 62 (67)

Net Increase/(Decrease) in Cash and Cash Equivalents 3,078 2,230 (1,876)

Cash and Cash Equivalents, Beginning of Year 6,297 4,067 5,943

Cash and Cash Equivalents, End of Year $ 9,375 $ 6,297 $ 4,067

See accompanying notes to consolidated financial statements.

Consolidated Statement of Cash Flows

PepsiCo, Inc. and Subsidiaries

Fiscal years ended December 28, 2013, December 29, 2012 and December 31, 2011

(in millions)

2013 2012 2011

Operating Activities

Net income $ 6,787 $ 6,214 $ 6,462

Depreciation and amortization 2,663 2,689 2,737

Stock-based compensation expense 303 278 326

Merger and integration costs 10 16 329

Cash payments for merger and integration costs (25) (83) (377)

Restructuring and impairment charges 163 279 383

Cash payments for restructuring charges (133) (343) (31)

Restructuring and other charges related to the transaction with Tingyi — 176 —

Cash payments for restructuring and other charges related to the transaction with Tingyi (26) (109) —

Non-cash foreign exchange loss related to Venezuela devaluation 111 — —

Excess tax benefits from share-based payment arrangements (117) (124) (70)

Pension and retiree medical plan contributions (262) (1,865) (349)

Pension and retiree medical plan expenses 663 796 571

Deferred income taxes and other tax charges and credits (1,058) 321 495

Change in accounts and notes receivable (88) (250) (666)

Change in inventories 4 144 (331)

Change in prepaid expenses and other current assets (51) 89 (27)

Change in accounts payable and other current liabilities 1,007 548 520

Change in income taxes payable 86 (97) (340)

Other, net (349) (200) (688)

Net Cash Provided by Operating Activities 9,688 8,479 8,944

Investing Activities

Capital spending (2,795) (2,714) (3,339)

Sales of property, plant and equipment 109 95 84

Acquisition of WBD, net of cash and cash equivalents acquired — — (2,428)

Investment in WBD — — (164)

Cash payments related to the transaction with Tingyi (3) (306) —

Other acquisitions and investments in noncontrolled affiliates (109) (121) (601)

Divestitures 133 (32) 780

Short-term investments, by original maturity

More than three months – maturities — — 21

Three months or less, net 61 61 45

Other investing, net (21) 12 (16)

Net Cash Used for Investing Activities (2,625) (3,005) (5,618)

B-4 Appendix B Specimen Financial Statements: PepsiCo, Inc.

Consolidated Balance Sheet

PepsiCo, Inc. and Subsidiaries

December 28, 2013 and December 29, 2012

(in millions except per share amounts)

2013 2012

ASSETS

Current Assets

Cash and cash equivalents $ 9,375 $ 6,297

Short-term investments 303 322

Accounts and notes receivable, net 6,954 7,041

Inventories 3,409 3,581

Prepaid expenses and other current assets 2,162 1,479

Total Current Assets 22,203 18,720

Property, Plant and Equipment, net 18,575 19,136

Amortizable Intangible Assets, net 1,638 1,781

Goodwill 16,613 16,971

Other nonamortizable intangible assets 14,401 14,744

Nonamortizable Intangible Assets 31,014 31,715

Investments in Noncontrolled Affiliates 1,841 1,633

Other Assets 2,207 1,653

Total Assets $ 77,478 $ 74,638

LIABILITIES AND EQUITY

Current Liabilities

Short-term obligations $ 5,306 $ 4,815

Accounts payable and other current liabilities 12,533 11,903

Income taxes payable — 371

Total Current Liabilities 17,839 17,089

Long-Term Debt Obligations 24,333 23,544

Other Liabilities 4,931 6,543

Deferred Income Taxes 5,986 5,063

Total Liabilities 53,089 52,239

Commitments and contingencies

Preferred Stock, no par value 41 41

Repurchased Preferred Stock (171) (164)

PepsiCo Common Shareholders’ Equity

Common stock, par value 1 2 /3¢ per share (authorized 3,600 shares, issued, net of repurchased

common stock at par value: 1,529 and 1,544 shares, respectively) 25 26

Capital in excess of par value 4,095 4,178

Retained earnings 46,420 43,158

Accumulated other comprehensive loss (5,127) (5,487)

Repurchased common stock, in excess of par value (337 and 322 shares, respectively) (21,004) (19,458)

Total PepsiCo Common Shareholders’ Equity 24,409 22,417

Noncontrolling interests 110 105

Total Equity 24,389 22,399

Total Liabilities and Equity $ 77,478 $ 74,638

See accompanying notes to consolidated financial statements.

Appendix B Specimen Financial Statements: PepsiCo, Inc. B-5

Consolidated Statement of Equity

PepsiCo, Inc. and Subsidiaries

Fiscal years ended December 28, 2013, December 29, 2012 and December 31, 2011

(in millions)

2013 2012 2011

Shares Amount Shares Amount Shares Amount

Preferred Stock 0.8 $ 41 0.8 $ 41 0.8 $ 41

Repurchased Preferred Stock

Balance, beginning of year (0.6) (164) (0.6) (157) (0.6) (150)

Redemptions — (7) — (7) — (7)

Balance, end of year (0.6) (171) (0.6) (164) (0.6) (157)

Common Stock

Balance, beginning of year 1,544 26 1,565 26 1,582 26

Repurchased common stock (15) (1) (21) — (17) —

Balance, end of year 1,529 25 1,544 26 1,565 26

Capital in Excess of Par Value

Balance, beginning of year 4,178 4,461 4,527

Stock-based compensation expense 303 278 326

Stock option exercises/RSUs and PEPUnits converted (a)

(287) (431) (361)

Withholding tax on RSUs converted (87) (70) (56)

Other (12) (60) 25

Balance, end of year 4,095 4,178 4,461

Retained Earnings

Balance, beginning of year 43,158 40,316 37,090

Net income attributable to PepsiCo 6,740 6,178 6,443

Cash dividends declared – common (3,451) (3,312) (3,192)

Cash dividends declared – preferred (1) (1) (1)

Cash dividends declared – RSUs (26) (23) (24)

Balance, end of year 46,420 43,158 40,316

Accumulated Other Comprehensive Loss

Balance, beginning of year (5,487) (6,229) (3,630)

Currency translation adjustment (1,301) 742 (1,529)

Cash flow hedges, net of tax:

Reclassification of net losses to net income 28 58 9

Net derivative losses (10) (40) (83)

Pension and retiree medical, net of tax:

Reclassification of net losses to net income 230 421 133

Remeasurement of net liabilities and translation 1,400 (493) (1,110)

Unrealized gains/(losses) on securities, net of tax 29 18 (8)

Other (16) 36 (11)

Balance, end of year (5,127) (5,487) (6,229)

Repurchased Common Stock

Balance, beginning of year (322) (19,458) (301) (17,870) (284) (16,740)

Share repurchases (37) (3,000) (47) (3,219) (39) (2,489)

Stock option exercises 20 1,301 24 1,488 20 1,251

Other 2 153 2 143 2 108

Balance, end of year (337) (21,004) (322) (19,458) (301) (17,870)

Total PepsiCo Common Shareholders’ Equity 24,409 22,417 20,704

Noncontrolling Interests

Balance, beginning of year 105 311 312

Net income attributable to noncontrolling interests 47 36 19

Distributions to noncontrolling interests, net (34) (37) (24)

Currency translation adjustment (2) (5) 65

Acquisitions and divestitures (6) (200) (57)

Other, net — — (4)

Balance, end of year 110 105 311

Total Equity $ 24,389 $ 22,399 $ 20,899

(a) Includes total tax benefits of $45 million in 2013, $84 million in 2012 and $43 million in 2011.

See accompanying notes to consolidated financial statements.

The Coca-Cola Company is a global leader in the beverage industry. It offers hundreds of brands, including soft drinks, fruit juices, sports drinks and other beverages in more than 200 countries. The following are Coca-Cola’s ! nancial state- ments as presented in its 2013 annual report. To access Coca-Cola’s complete annual report, including notes to the ! nancial statements, follow these steps:

1. Go to www.coca-colacompany.com.

2. Select the Investors link near the bottom of the page, and then select Financial Reports & Information.

3. Select the 2013 Annual Report on Form 10-K.

4. The Notes to Consolidated Financial Statements begin on page 79.

Specimen Financial Statements: The Coca-Cola Company

Appendix C

C-1

THE COCA-COLA COMPANY AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME

Year Ended December 31, 2013 2012 2011

(In millions except per share data)

NET OPERATING REVENUES $ 46,854 $ 48,017 $ 46,542 Cost of goods sold 18,421 19,053 18,215

GROSS PROFIT 28,433 28,964 28,327 Selling, general and administrative expenses 17,310 17,738 17,422 Other operating charges 895 447 732

OPERATING INCOME 10,228 10,779 10,173 Interest income 534 471 483 Interest expense 463 397 417 Equity income (loss) — net 602 819 690 Other income (loss) — net 576 137 529

INCOME BEFORE INCOME TAXES 11,477 11,809 11,458 Income taxes 2,851 2,723 2,812

CONSOLIDATED NET INCOME 8,626 9,086 8,646 Less: Net income attributable to noncontrolling interests 42 67 62

NET INCOME ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY $ 8,584 $ 9,019 $ 8,584

BASIC NET INCOME PER SHARE1 $ 1.94 $ 2.00 $ 1.88

DILUTED NET INCOME PER SHARE1 $ 1.90 $ 1.97 $ 1.85

AVERAGE SHARES OUTSTANDING 4,434 4,504 4,568 Effect of dilutive securities 75 80 78

AVERAGE SHARES OUTSTANDING ASSUMING DILUTION 4,509 4,584 4,646

1 Calculated based on net income attributable to shareowners of The Coca-Cola Company.

Refer to Notes to Consolidated Financial Statements.

C-2 Appendix C Specimen Financial Statements: The Coca-Cola Company

THE COCA-COLA COMPANY AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

Year Ended December 31, 2013 2012 2011

(In millions)

CONSOLIDATED NET INCOME $ 8,626 $ 9,086 $ 8,646 Other comprehensive income:

Net foreign currency translation adjustment (1,187) (182) (692) Net gain (loss