Coke cola

What were some of the big changes?

What drove these changes you will likely need to look through their earnings release to find out more.

Some drivers of changes in revenue can include: volume changes higher/lower shipments, price changes higher/lower per unit prices, mix changes selling higher margin projects or lower margin.

Changes in cost of sales can include volume changes, input price changes i.e. labor costs, raw material cost, transportation costs, fuel costs, etc. Some companies include a waterfall or a comparison and break out the changes to the income statement in an earnings presentation

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CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions Net Operating Revenues Cost of goods sold Gross Profit Selling, general and administrative expenses Other operating charges Operating Income Interest income Interest expense Equity income (loss) — net Other income (loss) - net Income Before Income Taxes Income taxes Consolidated Net Income Less: Net income (loss) attributable to noncontrolling interests Net Income Attributable to Shareowners of The Coca-Cola Company Basic Net Income Per Share1 Diluted Net Income Per Share1 Average Shares Outstanding - Basic Effect of dilutive securities Average Shares Outstanding - Diluted Dec. 31, 2021 $ $ 12 Months Ended $ $ Dec. 31, 2020 2.26 2.25 4315 25 4340 V. Analysis 38,655.00 100.00% $ 33,014.00 $ 15357 39.73% 13433 $ 23298 60.27% 19581 $ 12144 31.42% 9731 $ 846 2.19% 10308 26.67% 853 $ 8997 $ 0.71% 4.13% 370 $ 1437 $ 3.72% 5.17% 276 1597 1438 2000 12425 2621 9804 33 9,771.00 978 $ 841 $ 9749 $ 32.14% 6.78% 1981 $ 25.36% 7768 $ 0.09% 21 $ 25.28% $ 7,747.00 $ 0.01% $ 0.01% $ 11.16% 0.06% 11.23% V. Analysis Difference %Difference 1.80 $ 1.79 $ 4295 $ 28 $ 4323 S H.Analysis 1.00 $ 5,641.00 17.09% 14.32% 0.41 $1,924.00 0.59 $3,717.00 18.98% 24.80% 0.29 $2,413.00 0.03 $ (7.00) -0.82% 0.27 $1,311.00 14.57% 0.01 $ (94.00) -25.41% 11.13% 0.04 $ 160.00 0.03 $ 460.00 0.03 $ 1,159.00 47.03% 137.81% 27.45% 0.30 $ 2,676.00 0.06 $ 640.00 0.24 $2,036.00 0.00 $ 0.23 $2,024.00 32.31% 26.21% 57.14% 26.13% 0.00 0.00 0.13 0.00 0.13 12.00 0.46 0.46 20 -3 17 25.56% 25.70% 0.47% -10.71% 0.39% CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions Net Operating Revenues Cost of goods sold Gross Profit Selling, general and administrative expenses Other operating charges Operating Income Interest income Interest expense Equity income (loss) — net Other income (loss) - net Income Before Income Taxes Income taxes Consolidated Net Income Less: Net income (loss) attributable to noncontrolling interests Net Income Attributable to Shareowners of The Coca-Cola Company Basic Net Income Per Share1 Diluted Net Income Per Share1 Average Shares Outstanding - Basic Effect of dilutive securities Average Shares Outstanding - Diluted Dec. 31, 2021 $ $ 12 Months Ended $ $ Dec. 31, 2020 2.26 2.25 4315 25 4340 V. Analysis 38,655.00 100.00% $ 33,014.00 $ 15357 39.73% 13433 $ 23298 60.27% 19581 $ 12144 31.42% 9731 $ 846 2.19% 10308 26.67% 853 $ 8997 $ 0.71% 4.13% 370 $ 1437 $ 3.72% 5.17% 276 1597 1438 2000 12425 2621 9804 33 9,771.00 978 $ 841 $ 9749 $ 32.14% 6.78% 1981 $ 25.36% 7768 $ 0.09% 21 $ 25.28% $ 7,747.00 $ 0.01% $ 0.01% $ 11.16% 0.06% 11.23% V. Analysis Difference %Difference 1.80 $ 1.79 $ 4295 $ 28 $ 4323 S H.Analysis 1.00 $ 5,641.00 17.09% 14.32% 0.41 $1,924.00 0.59 $3,717.00 18.98% 24.80% 0.29 $2,413.00 0.03 $ (7.00) -0.82% 0.27 $1,311.00 14.57% 0.01 $ (94.00) -25.41% 11.13% 0.04 $ 160.00 0.03 $ 460.00 0.03 $ 1,159.00 47.03% 137.81% 27.45% 0.30 $ 2,676.00 0.06 $ 640.00 0.24 $2,036.00 0.00 $ 0.23 $2,024.00 32.31% 26.21% 57.14% 26.13% 0.00 0.00 0.13 0.00 0.13 12.00 0.46 0.46 20 -3 17 25.56% 25.70% 0.47% -10.71% 0.39%

Answer rating: 100% (QA)

1 Net operating revenues increased by 564 billion or 1709 to 3866 billion in 2021 compared to 3301 billion in 2020 The increase was driven by higher net pricing and favorable currency translation part... View the full answer