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These excerpts taken from the PBG 10-K filed Feb 20, 2009. Benefits
cost increases could reduce our profitability or cash
flow.
Our profitability and cash flow is substantially affected by the
costs of pension, postretirement medical and employee medical
and other benefits. Recently, these costs have increased
significantly due to factors such as declines in investment
returns on pension assets, changes in discount rates used to
calculate pension and related liabilities, and increases in
health care costs. Although we actively seek to control
increases, there can be no assurance that we will succeed in
limiting future cost increases, and continued upward pressure in
these costs could have a material adverse affect on our business
and financial performance.
Benefits cost increases could reduce our profitability or cash flow. Our profitability and cash flow is substantially affected by the costs of pension, postretirement medical and employee medical and other benefits. Recently, these costs have increased significantly due to factors such as declines in investment returns on pension assets, changes in discount rates used to calculate pension and related liabilities, and increases in health care costs. Although we actively seek to control increases, there can be no assurance that we will succeed in limiting future cost increases, and continued upward pressure in these costs could have a material adverse affect on our business and financial performance. | EXCERPTS ON THIS PAGE:
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