Go to Cadbury's Web site at www.cadbury.com, and find the link to its most recent annual report. Then, locate the financial statements and notes.

1. Look in the notes and find where the firm discusses its accounting methods. Can you tell what accounting standards the firm uses? How about currency denomination?
2. What firm serves as the external auditors for Cadbury?
3. On the firm’s balance sheet (in Exhibit 11.2) and income statement (provided on the following page), find five things you recognize asnon-GAAP.

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Cadbury Consolidated Income Statements For the Year Ended December 31 (restated) 2007 Sm Continuing operations Revenue -.. : 5,384 3 Trading costs 5 Non-trading items 17 Share of result in associates 9 Investment revenue .. .(4,803) (4,258) (194) (165) Restructuring costs Profit from operations Profit before financing and taxation 10 50) (88) ..(30) 105) 149 10 Finance costs Profit before taxation 11 Taxation Profit for the period from continuing operations Discontinued operations (Loss profit for the period from 31 discontinued operations Profit for the period Attributable to: 366 407 Equity holders of the parent Minority interests 36407 Earnings per share from continuing and discontinued operations Basic.... 22.6p 22.6p 19.4p 19.2p 13 Diluted From continuing operations 13 Basic 13 Diluted 22.8p 22.8p70p Pounds slerling in millios