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This excerpt taken from the PBG 8-K filed Sep 16, 2009. Frito-Lay
Purchases – We purchase snack food
products from Frito for sale and distribution in Russia
primarily to accommodate PepsiCo with the infrastructure of our
distribution network. Frito would otherwise be required to
source third-party distribution services to reach their
customers in Russia. We make payments to PepsiCo for the cost of
these snack products and retain a minimal net fee based on the
gross sales price of the products. Payments for the purchase of
snack products are reflected in selling, delivery and
administrative expenses in our Consolidated Statements of
Operations.
(e) These excerpts taken from the PBG 10-K filed Feb 20, 2009. Frito-Lay
Purchases – We purchase snack food
products from Frito for sale and distribution in Russia
primarily to accommodate PepsiCo with the infrastructure of our
distribution network. Frito would otherwise be required to
source third-party distribution services to reach their
customers in Russia. We make payments to PepsiCo for the cost of
these snack products and retain a minimal net fee based on the
gross sales price of the products. Payments for the purchase of
snack products are reflected in selling, delivery and
administrative expenses in our Consolidated Statements of
Operations.
(e) Frito-Lay Purchases – We purchase snack food products from Frito for sale and distribution in Russia primarily to accommodate PepsiCo with the infrastructure of our distribution network. Frito would otherwise be required to source third-party distribution services to reach their customers in Russia. We make payments to PepsiCo for the cost of these snack products and retain a minimal net fee based on the gross sales price of the products. Payments for the purchase of snack products are reflected in selling, delivery and administrative expenses in our Consolidated Statements of Operations. (e) These excerpts taken from the PBG 10-K filed Feb 27, 2008. Frito-Lay
Purchases – We purchase snack food
products from Frito-Lay, Inc. (“Frito”), a subsidiary
of PepsiCo, for sale and distribution in Russia primarily to
accommodate PepsiCo with the infrastructure of our distribution
network. Frito would otherwise be required to source third-party
distribution services to reach their customers in Russia. We
make payments to PepsiCo for the cost of these snack products
and retain a minimal net fee based on the gross sales price of
the products. Payments for the purchase of snack products are
reflected in selling, delivery and administrative expenses in
our Consolidated Statements of Operations.
(e) Frito-Lay Purchases – We purchase snack food products from Frito-Lay, Inc. (“Frito”), a subsidiary of PepsiCo, for sale and distribution in Russia primarily to accommodate PepsiCo with the infrastructure of our distribution network. Frito would otherwise be required to source third-party distribution services to reach their customers in Russia. We make payments to PepsiCo for the cost of these snack products and retain a minimal net fee based on the gross sales price of the products. Payments for the purchase of snack products are reflected in selling, delivery and administrative expenses in our Consolidated Statements of Operations. (e) | EXCERPTS ON THIS PAGE:
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