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These excerpts taken from the PBG 10-K filed Feb 20, 2009. Net
income Net income for the year of
$162 million includes a net after-tax charge of
$338 million, or $1.53 per diluted share, from impairment
and asset disposal charges, and restructuring initiatives
discussed above. In addition, net income reflects higher
interest and foreign currency transactional expenses versus the
prior year. For 2007, net income of $532 million included a
net after-tax gain of $21 million, or $0.09 per diluted
share, from tax items, restructuring charges and asset disposal
charges.
Net income Net income for the year of $162 million includes a net after-tax charge of $338 million, or $1.53 per diluted share, from impairment and asset disposal charges, and restructuring initiatives discussed above. In addition, net income reflects higher interest and foreign currency transactional expenses versus the prior year. For 2007, net income of $532 million included a net after-tax gain of $21 million, or $0.09 per diluted share, from tax items, restructuring charges and asset disposal charges. | EXCERPTS ON THIS PAGE:
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