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Previous: NUVEEN TAX FREE BOND FUND INC, 24F-2NT, 1995-04-25 |
Next: FRANKLIN MANAGED TRUST, 485BPOS, 1995-04-25 |
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 17, 1995
COCA-COLA ENTERPRISES INC.
(Exact name of registrant as specified in charter)
Delaware 01-09300 58-0503352
(State of (Commission File No.) (IRS Employer
Incorporation) Identification No.)
One Coca-Cola Plaza, N.W., Atlanta, Georgia 30313
(Address of principal executive offices, including zip code)
(404) 676-2100
(Registrant's telephone number, including area code)
Page 1 of 6 pages
Exhibit Index page 4
<PAGE>
Item 5. Other Events
- ------- ------------
Coca-Cola Enterprises Inc. (the "Company") files herewith its
Condensed Consolidated Statements of Operations, reporting the
Company's financial results for the first quarter of 1995.
Item 7. Financial Statements and Exhibits
- ------- ---------------------------------
(c) Exhibits.
99 Condensed Consolidated Statements of Operations (unaudited)
of the Company, reporting financial results for the first
quarter of 1995.
Summary - Key Information of the Company for the first
quarter of 1995.
<PAGE>
----------------------------------------
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
COCA-COLA ENTERPRISES INC.
(Registrant)
LOWRY F. KLINE
Date: April 25, 1995 By:-----------------------------------
Lowry F. Kline
General Counsel
<PAGE>
COCA-COLA ENTERPRISES INC.
EXHIBIT INDEX
Exhibit No. Page
- ----------- ----
99 Condensed Consolidated Statements of Operations 5
(Unaudited) of the Company, reporting financial
results for the first quarter of 1995.
Summary - Key Information of the Company for 6
the first quarter of 1995.
Coca-Cola Enterprises Inc. Exhibit 99
(In Millions Except Per Share Data) Page 1 of 2
First Quarter
------------------------------
Percent
1995(c) 1994 Change
------- ------ -------
Net Operating Revenues $1,462 $1,320 11%
Cost of Sales 901 799 13%
------ ------
Gross Profit 561 521 8%
Selling, General & Administrative Expenses 485 452 7%
------ ------
Operating Income 76 69 10%
Interest Expense - Net 80 80
Nonoperating Expenses - Net 0 2
Gain From Sale of Bottling Operations (a) 9 0
------ ------
Income (Loss) Before Income Taxes 5 (13)
Income Tax Expense (Benefit) 2 (7)
------ ------
Net Income (Loss) 3 (6)
Preferred Stock Dividend Requirements 1 1
------ ------
Net Income (Loss) Applicable
to Common Share Owners $ 2 $ (7)
====== ======
Average Common Shares Outstanding 129 129
====== ======
Net Income (Loss) Per Common Share (b) $ 0.02 $(0.06)
====== ======
Cash Operating Profit Data:
Operating Income $ 76 $ 69 10%
Depreciation 76 69 10%
Amortization 45 43 5%
------ ------
Cash Operating Profit $ 197 $ 181 9%
====== ======
(a) Gain on the sale of the Company's 50 percent ownership interest
in The Coca-Cola Bottling Company of the Mid South in the first
quarter of 1995 (approximately 4 cents per common share after tax).
(b) Per share data calculated prior to rounding to millions.
(c) First-quarter 1995 results include the acquisition of the Wichita
Coca-Cola Bottling Company from the date of acquisition on
January 27, 1995.
<PAGE>
Coca-Cola Enterprises Inc. Exhibit 99
Summary - Key Information Page 2 of 2
First-Quarter Percent
1995 Change
---------------------------------------- -------
Cash Operating Profit
Reported 9 %
Comparable * 8 %
Bottle and Can Physical Case Volume
Reported 1 1/2 %
Constant Territory 1/2 %
Fountain Gallon Volume
Reported 7 1/2 %
Constant Territory 5 %
Bottle and Can Net Revenues Per Case 7 %
Bottle and Can Cost of Sales Per Case 8 %
* Comparable change reflects adjustments for significant acquisitions,
as considered appropriate, to identify underlying business trends.
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