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Stockholm Roadshow, - Coca Cola İçecek

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Income Statement - Turkey(TL mn) 2010 2011 2011 vs 2010Volume (m/uc)494.4 546.8 10.6%Net Sales2,121.4 2,472.8 16.6%COGS (1,277.5) (1,476.1) 15.5%Gross Profit 843.9 996.7 18.1%OPEX (609.7) (752.2) 23.4%Other Inc/Exp (Net) 6.1 23.5 n.mEBIT240.3 267.9 11.5%EBIT (exc. other) 234.1 244.4 4.4%Income Before Minority Int. & Tax 234.6 141.6 n.mMinority Interest - -Income Tax (43.3) (21.8) (49.6%)Net Income/(Loss) 191.3 119.8 (37.4%)EBITDA 342.5 362.6 5.9%EBITDA (exc. other)Gross Margin 39.8% 40.3%EBIT Margin 11.3% 10.8%EBIT Margin (exc. other) 11.0% 9.9%EBITDA Margin 16.2% 14.7%333.5 340.8 2.2%EBITDA Margin (exc. other) 15.7% 13.8%27

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