亿滋国际Mondelez International (MDLZ) 2004年年度报告「NASDAQ」.pdf

1、Helping PeopleAround the World Eat and Live Better.Kraft Foods Inc.2004 Annual Report2004 Financial Highlights Consolidated Results(in millions,except per share data)2004 2003*%ChangeNet revenues$32,168$30,498 5.5%Operating income 4,612 5,860(21.3%)Earnings from continuing operations 2,669 3,379(21.

2、0%)Net earnings 2,665 3,476(23.3%)Diluted earnings per share:Continuing operations 1.55 1.95(20.5%)Net earnings 1.55 2.01(22.9%)Results by Business SegmentNorth AmericaU.S.Beverages Net revenues$2,555$2,433 5.0%Operating companies income*479 630(24.0%)U.S.Cheese,Canada&North America Foodservice Net

3、revenues 7,420 6,716 10.5%Operating companies income*989 1,271(22.2%)U.S.Convenient Meals Net revenues 4,250 4,058 4.7%Operating companies income*771 817(5.6%)U.S.Grocery Net revenues 2,425 2,388 1.5%Operating companies income*894 894 U.S.Snacks&Cereals Net revenues 5,410 5,342 1.3%Operating compani

4、es income*737 1,046(29.5%)Total North America Net revenues$22,060$20,937 5.4%Operating companies income*3,870 4,658(16.9%)InternationalEurope,Middle East&Africa Net revenues$7,522$7,014 7.2%Operating companies income*683 1,002(31.8%)Latin America&Asia Pacific Net revenues 2,586 2,547 1.5%Operating c

5、ompanies income*250 391(36.1%)Total International Net revenues$10,108$9,561 5.7%Operating companies income*933 1,393(33.0%)*Results for 2003 have been restated to reflect Krafts sugar confectionery business as discontinued operations.In addition,net revenues and operating companies income for 2003 h

6、ave been restated to reflect Krafts new segment structure,see Note 1.Background and Basis of Presentation.*Krafts management reviews operating companies income,which is defined as operating income before general corporate expenses and amortization of intangibles,to evaluate segment performance and a