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edited by Md. Touhidul Islam
on 2023/02/16 08:26
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25 25  Net revenues of The Coca-Cola Company reported for the year ended on December 31, 2022 is $43.00 billion, up 11% from $38.65 billion a year earlier. Cost of goods sold of the company during this year is $18 billion and $15.36 billion for the year earlier, respectively. Thus, gross profit of the company during the years are $25.00 billion $23.3 billion, respectively. Operating income of the company is up 6% from $10.91 billion to $10.31 billion. Consolidated net income of the company in 2022 is $9.57 billion, down 2% from $9.80 billion a year earlier. The decrease is due to decrease in other incomes from $2.00 billion to negative $0.26 billion. Basic earnings per share in 2022 is $2.20, as compared to $2.26 during a year earlier.
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27 +The Coca-Cola Company has reported cash and cash equivalents of $9.52 billion in 2022, down from $9.68 a year earlier. Total current assets stand at $22.59 billion, slightly up from $22.54 billion a year earlier. The company holds equity method investments of $18.26 billion as of December 31, 2022, which was $17.54 billion a year earlier. Total current liabilities of the company at the end of 2022 stand at $19.72 billion, as compared to $19.95 billion a year earlier.
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29 29  = Business Overview =
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