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This excerpt taken from the PBG 8-K filed Sep 16, 2009. Bottler Incentives and
Other Arrangements – In order to
promote PepsiCo beverages, PepsiCo, at its discretion, provides
us with various forms of bottler incentives. These incentives
cover a variety of initiatives, including direct marketplace
support and advertising support. We record most of these
incentives as an adjustment to cost of sales unless the
incentive is for reimbursement of a specific, incremental and
identifiable cost. Under these conditions, the incentive would
be recorded as an offset against the related costs, either in
net revenues or selling, delivery and administrative expenses.
Changes in our bottler incentives and funding levels could
materially affect our business and financial results.
(b) These excerpts taken from the PBG 10-K filed Feb 20, 2009. Bottler Incentives and
Other Arrangements – In order to
promote PepsiCo beverages, PepsiCo, at its discretion, provides
us with various forms of bottler incentives. These incentives
cover a variety of initiatives, including direct marketplace
support and advertising support. We record most of these
incentives as an adjustment to cost of sales unless the
incentive is for reimbursement of a specific, incremental and
identifiable cost. Under these conditions, the incentive would
be recorded as an offset against the related costs, either in
net revenues or selling, delivery and administrative expenses.
Changes in our bottler incentives and funding levels could
materially affect our business and financial results.
(b) Bottler Incentives and Other Arrangements – In order to promote PepsiCo beverages, PepsiCo, at its discretion, provides us with various forms of bottler incentives. These incentives cover a variety of initiatives, including direct marketplace support and advertising support. We record most of these incentives as an adjustment to cost of sales unless the incentive is for reimbursement of a specific, incremental and identifiable cost. Under these conditions, the incentive would be recorded as an offset against the related costs, either in net revenues or selling, delivery and administrative expenses. Changes in our bottler incentives and funding levels could materially affect our business and financial results. (b) These excerpts taken from the PBG 10-K filed Feb 27, 2008. Bottler
Incentives and Other Arrangements – In
order to promote PepsiCo beverages, PepsiCo, at its discretion,
provides us with various forms of bottler incentives. These
incentives cover a variety of initiatives, including direct
marketplace support and advertising support. We record most of
these incentives as an adjustment to cost of sales unless the
incentive is for reimbursement of a specific, incremental and
identifiable cost. Under these conditions, the incentive would
be recorded as an offset against the related costs, either in
net revenues or selling, delivery and administrative expenses.
Changes in our bottler incentives and funding levels could
materially affect our business and financial results.
Certain corrections were made to prior years’ disclosure of
reported bottler incentives recognized in cost of sales. Total
bottler incentives for 2006 and 2005 have been reduced by
approximately $25 million and $15 million,
respectively. The correction had no impact on our Consolidated
Financial Statements.
(b) Bottler Incentives and Other Arrangements – In order to promote PepsiCo beverages, PepsiCo, at its discretion, provides us with various forms of bottler incentives. These incentives cover a variety of initiatives, including direct marketplace support and advertising support. We record most of these incentives as an adjustment to cost of sales unless the incentive is for reimbursement of a specific, incremental and identifiable cost. Under these conditions, the incentive would be recorded as an offset against the related costs, either in net revenues or selling, delivery and administrative expenses. Changes in our bottler incentives and funding levels could materially affect our business and financial results. Certain corrections were made to prior years’ disclosure of reported bottler incentives recognized in cost of sales. Total bottler incentives for 2006 and 2005 have been reduced by approximately $25 million and $15 million, respectively. The correction had no impact on our Consolidated Financial Statements. (b) | EXCERPTS ON THIS PAGE:
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