10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PHILIP MORRIS INTERNATIONAL INC. | |||
Ticker: PM Fiscal Year: 2012 | |||
CONSOLIDATED STATEMENTS OF EARNINGS | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 22, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Net revenues | $ 77,393 | 76,346 [1] | 67,713 |
| Cost of sales | 10,373 | 10,678 | 9,713 |
| Excise taxes on products | 46,016 | 45,249 | 40,505 |
| Gross profit | 21,004 | 20,419 | 17,495 |
| Marketing, administration and research costs | 6,978 | 6,880 | 6,160 |
| Asset impairment and exit costs (Note 5) | 83 | 109 | 47 |
| Amortization of intangibles | 97 | 98 | 88 |
| Operating income | 13,846 | 13,332 | 11,200 |
| Interest expense, net | 859 | 800 | 876 |
| Earnings before income taxes | 12,987 | 12,532 | 10,324 |
| Provision for income taxes | 3,833 | 3,653 | 2,826 |
| Net earnings | 9,154 | 8,879 | 7,498 |
| Net earnings attributable to noncontrolling interests | 354 | 288 | 239 |
| Net earnings attributable to PMI | 8,800 | 8,591 | 7,259 |
| Per share data (Note 10): | |||
| Basic earnings per share | 5.17 | 4.85 | 3.93 |
| Diluted earnings per share | 5.17 | 4.85 | 3.92 |
| [1] Total net revenues attributable to customers located in Germany, PMIs largest market in terms of net revenues, were $7.7 billion, $8.1 billion and $7.5 billion for the years ended December 31, 2012, 2011 and 2010, respectively. | |||
| External Links | |
| PHILIP MORRIS INTERNATIONAL INC. (PM) Fiscal Year 2012 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |