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Presentation - PepsiCo

Presentation - PepsiCo

Presentation - PepsiCo

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2011 Full Year ResultsCore EPS $4.40% Growth14• Broad-based gains• Net revenue realization8577• Disciplined investmentsSnacks Bevs Revenue Div Op EPSProfitVolumeQ4’ 11 8 3 8 10 9MOCF$6.1BReturnsto Shareholders$5.6B• Managed through difficultcommodity environment• Prudent cost controls• Covered ~$70MM externally-drivenfactors• Acquisition of Wimm-Bill-DannVolume growth measures reflect an adjustment to the base year (2010) for divestitures that occurred in 2011 and exclude the impact of the extra week of results in 2011Revenue, Division Operating Profit and EPS are on a core basis and MOCF excludes certain items; all represent Non-GAAP financial measures. For a description of these items,please refer to "Reconciliation of GAAP and non-GAAP Information" in the “Investors” section of <strong>PepsiCo</strong>’s website at www.pepsico.com5

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