Coca Cola Company Mission, Vision and Values

Coca Cola Company Mission, Vision and ValuesIt was 1986, and in New York Harbor, workers were constructing the statue of liberty. Eight hundred miles away, an new(prenominal) great Ameri mickle symbol was approximately to be unveiled.Like many people who change history, prat Pemberton, an Atlanta pharmacist, was inhaled by simple curiosity. One afternoon, he affected up a fragrant, caramel-colored liquid and, when it was done, he carried it a few doors knock down to Jacobs pharmaceutics. Here, agreed- this new salute was something special. So Jacobs pharmacy put it on bargain for five cents a glass. Like many people who change history, can pemberton, an Atlant pharmacist, was inspired by simple curiosity. One afternoon, he stirred up a fragrant, caramel-colored liquid and, when it was done, he carried it a few doors down to Jacobs Pharmacy who all agreed-this new drink was something special. So Jacobs Pharmacy. Here the mixture was feature with carbonated water and sampled by customer who all agreed- this new drink was special. So Jacobs Pharmacy put on sale for five cents a glass.Pembertons bookkeeper, Frank Robinson, named the mixture Coca-Cola, and wrote it out in his distinct script. To this day, Coca-Cola is written the akin way. In the first year, Pemberton sold salutary 9 glasses ofCoca-Cola a day.A century later, The Coca-Cola Company has produced more than 10 billion gallons of syrup. unluckily for Pemberton, he died in 1888 without realizing the success of the beverage he had created.Over the run away of three years, 1888-1891, Atlanta melodic phraseman Asa Griggs Candler secured rights to the business for a total of about $2,300. Candler would become the Companys first president, and the first to bring real pot to the business and the brand. http//heritage.coca-cola.com/COMPANY MISSION, VISION AMD VALUESOur MissionOur Roadmap starts with our mission, which is enduring. It declares our purpose as a company and serves as the standard against which we weigh our actions and decisions.To refresh the worldTo inspire moments of optimism and happinessTo create value and make a difference.Our VisionOur vision serves as the framework for our Roadmap and guides every aspect of our business by describing what we charter to accomplish in order to continue achieving sustainable, part growth.People Be a great place to work where people are inspired to be the best they can be.Portfolio Bring to the world a portfolio of quality beverage brands that anticipate and satisfy peoples desires and needs.Partners Nurture a winning earnings of customers and suppliers, together we create mutual, enduring value.Planet Be a responsible for(p) citizen that makes a difference by helping build and support sustainable communities.Profit Maximize long-term return to shareowners while being redolent of our overall responsibilities.Productivity Be a highly effective, lean and fast-moving organization. rattling Our ValuesOur values serve as a compass for our actions and pull how we be behave in the world.Leadership The courage to shape a violate futureCollaboration Leverage collective geniusIntegrity Be realAccountability If it is to be, its up to mePassion Committed in knocker and mindDiversity As inclusive as our brandsQuality What we do, we do wellhttp//www.thecoca-colacompany.com/ourcompany/mission_vision_values.htmlSUSTAINABILITYLIVE POSITIVELY focuses on seven core areas appoint to our business sustainability, with measurable goals and metrics for the Company and the Coca-Cola systemhttp//www.thecoca-colacompany.com/citizenship/index.htmlINOVATIONProducts EquipmentPackagingMarketingMarketplaceFortified nutrijuice helps rubbish malnutrition in the PhilippinesIntroducing plant bottle up to 30% plant- based, 100% reusable bottle, redesigned plastic, recyclable as everLearn about our award-winning television system vender.New plastic bottle crushes conventional thinking about environmental action.Helping our customers to maintain and grow their businesses.http//www.thecoca-colacompany.com/ourcompany/innovation.htmlINVESTORSThe coca-cola company Finalizes transaction with coca-cola enterprises.Atlanta, October 3, 2010 The Coca-Cola Company (NYSE KO) forthwith announced that it has completed the acquisition of the North American operations of Coca-Cola Enterprises (NYSE CCE) and the sale of the Companys Norway and Sweden bottling operations to CCE. This transaction positions The Coca-Cola Company to more profitably deliver the worlds superior brands and drive long-term value for all shareholders. Steve Cahillane, Muhtar Kent and Sandy DouglasOUR PRODUCTCoca-Cola zipCoca-Cola Zero has been one of the most successful product launches in our history. In 2009, we sold more than 600 million cases globally. Put into perspective, thats roughly the same sizing as our total business in Germany, one of our top 6 markets. As of September 2010, Coca-Cola Zero is available in more than cxxx countr ies.http//www.thecoca-colacompany.com/brands/index.htmlLEADERSHIPSince our first soda fountain sales in 1886, we have been a driver of food market innovation and an investor in local economies. now we lead the beverage industry with more than 500 beverage brands including iv of the worlds top-five sparkling brands. But while our business opportunities are enormous, our commitment to our consumers and the communities in which we operate is even greater.Muther Kent, our Chairman of the Board and Chief Executive Officer, leads us into the new century with a firm commitment to the values and touch sensation of the worlds greatest brand. In our journey to become a sustainable, profitable growth company, our management structure has evolved to sharpen external focus on the marketplace with greater speed, productivity and effectiveness. http//www.thecoca-colacompany.com/ourcompany/leadership.htmlFinancial StatementsThe fiscal learning included in this section should be read in confe deracy with Managements Discussion and compendium of Financial Condition and Results of Operations and Notes to Consolidated Financial Statements contained in our Companys 2008 and 2009 quarterly Reports on From 10-q and 2008 Annual Report on From 10-kAs a topic of the Securities and Exchange Commissions (SEC) Rule Release No. 33-9002, Interactive Data to alter Financial Reporting, the Company is required to submit Interactive Data as Exhibit 101 (attachment type EX-101) for certain Exchange wager and Securities Act filings. This Rule is effective for the Company beginning with our second quarter 2009 temporary monetary statements filed on appoint 10-Q.Interactive Data is made executable through the computer language extensible Business Reporting language (XBRL). XBRL offers near real-time access to pecuniary reports, generally within legal proceeding of our Company filing them with the SEC, and provides more flexibility to view and compare selective information versus t raditional HTML filings. With XBRL, investors can create their own customized reports, automatically generating monetary ratios, graphs, and charts depicting important information from financial statements.Due to the functionality of interactive data filed with the SEC, the Company will no longer provide excel versions of our financial statements on this website. Investors that wish to view an excel version of our financial statements can download the information from the SECs website at http//www.sec.gov.CURRENT ASSETS money and cash equivalents$ 6,816 saleable securities263Trade accounts receivable, less allowances3,139Inventories2,298Prepaid expenses and other assets2,198TOTAL CURRENT ASSETS14,714INVESTMENTS honor method investmentsCoca-Cola Hellenic Bottling Company S.A.1,386Coca-Cola FEMSA, S.A.B. de C.V.840Coca-Cola Amatil Limited680Coca-Cola Enterprises Inc. other(a), principally bottling companies and joint ventures2,410Other investments, principally bottling companies441T OTAL INVESTMENTS5,757OTHER ASSETS1,793PROPERTY, PLANT AND EQUIPMENT net8,425TRADEMARKS WITH INDEFINITE LIVES6,042 grace3,988OTHER INTANGIBLE ASSETS2,384TOTAL ASSETS$ 43,103LIABILITIES AND EQUITYCURRENT LIABILITIESAccounts payable and accrue expenses$ 5,651Loans and notes payable6,701Current maturities of long-term debt461Accrued income taxes356TOTAL CURRENT LIABILITIES13,169 long-term DEBT5,017OTHER LIABILITIES2,944DEFERRED INCOME TAXES865THE COCA-COLA COMPANY SHAREOWNERS EQUITYCommon stock, $0.25 par value legitimate 5,600 shares880Capital surplus8,021Reinvested earnings38,911Accumulated other comprehensive income (loss)(2,893) treasury stock, at cost(24,207)EQUITY attributable TO SHAREOWNERS OF THE COCA-COLA COMPANY20,712EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS396TOTAL EQUITY21,108TOTAL LIABILITIES AND EQUITY$ 43,103NoteThe financial information included in this section should be read in conjunction with Managements Discussion and compend of Financial condition and Res ult of notes to consolidated financial statement contained in our companys quarterly report on form 10 -q and 2008 annual report on form 10-k.The Coca-Cola Company and SubsidiariesCondensed Consolidated Statements of Cash Flows(UNAUDITED)(In millions)Three Months EndedApril 3, 2009OPERATING ACTIVITIESConsolidated net income$ 1,359Depreciation and amortization283Stock-based compensation expense53Deferred income taxes(20)Equity income or loss, net of dividends(3) immaterial currency adjustments42Gains on sales of assets, including bottling interests(5)Other operating charges74Other items100 mesh topology change in operating assets and liabilities(1,010) shekels cash provided by operating activities873INVESTING ACTIVITIESAcquisitions and investments, principally beverage andbottling companies and trademarks(179)Purchases of other investments(6)Proceeds from disposals of bottling companies and other investments37Purchases of property, plant and equipment(467)Proceeds from disposals of p roperty, plant and equipment7Other investing activities9Net cash used in investing activities(599)FINANCING ACTIVITIESIssuances of debt5,758Payments of debt(3,001)Issuances of stock10Purchases of stock for treasuryDividends(950)Net cash provided by financing activities1,817EFFECT OF EXCHANGE RATE CHANGES ONCASH AND CASH EQUIVALENTS24CASH AND CASH EQUIVALENTSNet sum up during the period2,115Balance at beginning of period4,701Balance at end of period$ 6,816NoteThe financial information included in this section should be read in conjunction with Managements Discussionand Analysis of Financial Condition and Results of Operations and Notes to Consolidated Financial Statementscontained in our Companys 2009 every quarter Report on Form 10-Q and 2008 Annual Report on Form 10-K.CONCLUSION AND RECOMMENDATIONWe are required to file with the Securities and Exchange Commission, and to liberate on our website, our Annual Report on Form 10-K, which discloses the Companys annual financial perform ance. To ensure the trust of our people, those with whom we do business and our other stakeholders, we publish a variety of reports annually regarding our performance in various aspects of our business, not just financial performance. These reports reflect, among other things, our performance and accomplishments in the areas of product safety, quality and integrity, selling and innovation, community support, workplace rights and protecting the environment.