2008 Financial Highlights
2008 Financial Highlights Consolidated Results
(in millions, except per share data)
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|
2008 |
2007 |
% Chg |
| Net revenues |
$41,932 |
$35,858 |
16.9% |
| Operating income |
3,843 |
4,176 |
(8.0)% |
| Net earnings attributable to Kraft Foods |
2,884 |
2,721 |
6.0% |
| Diluted Earnings per share attributable to Kraft Foods |
$1.90 |
$1.70 |
11.8% |
|
|
|
|
| Results by Business Segment |
|
|
|
| U.S. Beverages |
$3,001 |
$2,990 |
0.4% |
| U.S. Cheese |
4,007 |
3,745 |
7.0% |
| U.S. Convenient Meals |
4,240 |
3,905 |
8.6% |
| U.S. Grocery |
3,389 |
3,277 |
3.4% |
| U.S. Snacks |
5,025 |
4,879 |
3.0% |
| Canada & N.A. Foodservice |
4,294 |
4,080 |
5.2% |
| North America |
$23,956 |
$22,876 |
4.7% |
| Kraft Foods Europe |
9,728 |
7,007 |
38.8% |
| Kraft Foods Developing Markets |
8,248 |
5,975 |
38.0% |
| Kraft Foods Net Revenue |
$41,932 |
$35,858 |
16.9% |
|
|
|
|
|
2008 |
2007 |
% Chg |
| U.S. Beverages |
$381 |
$346 |
10.1% |
| U.S. Cheese |
563 |
487 |
15.6% |
| U.S. Convenient Meals |
339 |
319 |
6.3% |
| U.S. Grocery |
1,009 |
1,022 |
(1.3)% |
| U.S. Snacks |
638 |
716 |
(10.9)% |
| Canada & N.A. Foodservice |
448 |
443 |
1.1% |
| North America |
$3,378 |
$3,333 |
1.4% |
| Kraft Foods Europe |
182 |
455 |
(60.0)% |
| Kraft Foods Developing Markets |
815 |
588 |
38.6% |
| Unrealized gains / (losses) on hedging activities |
(205) |
16 |
|
| General corporate expenses |
(304) |
(203) |
|
| Amortization of intangibles |
(23) |
(13) |
|
| Kraft Foods Operating Income |
$3,843 |
$4,176 |
(8.0)% |