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Vendor Incentives - MASB

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PepsiCo, Inc. and Subsidiaries Consolidated<br />

Statement of Income ($ millions)<br />

GGross Revenues R $ ???<br />

<strong>Vendor</strong> <strong>Incentives</strong> (???)<br />

Provision for Returns, Other (???)<br />

Net Revenue $ $43,232<br />

Cost of Sales (20,099)<br />

Selling and administrative (15 (15,026) 026)<br />

Amortization of intangible assets ( 63)<br />

Operating Profit 8,044<br />

● ●<br />

● ●<br />

● ●<br />

Net Income $5,979 $ ,<br />

3<br />

Copyright © 2011 <strong>MASB</strong>

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