MARKETING PLANOF

COCA COLA

MARKETING PLAN OF COCA COLA

SUBMITTED1

WALEED LAL BAKHSH

TO

SIR MAZHAR ALI

SUBMITTED

BY

ABDUL RAFAY (4198) WALEED LAL BAKHSH (4311) ADEEL ALVI (4331) ANWAR MITHANI (4096)

GROUP MEMBERS PARTCIPATION

ABDUL RAFAY

WALEED LAL BAKHSH

ADEEL ALVI

ANWAR MTHANI

AKNOWLEDGEMENT

2WALEED LAL BAKHSH

First of all bow our head before ALLAH ALMIGHTY. ALLAH theOmnipotent, Omnipresent and to the HOLY PROPHET

MUHAMMAD (PBUH) for completion of our assignment.Our humble and heartiest thanks are for our best teacher

“SIR MAZHAR” to motivate us and encourage us to complete this task.

THE EXECUTIVE SUMMARY

The scope of the project is to discuss the marketing strategies adopted and applied by “Coco Cola”, Pakistan. From the last two month or so our group is in the process of continuous research on the marketing functions and strategies adopted by “Coco Cola”. These marketing functions mainly include the marketing mix i-e, Product strategy, Pricing strategies, pricing tool and strategies as well as other market strategies

More over the project also market growth and trend, opportunities analysis and strategies of making competitive advantage adopted by ‘Coco Cola’.

We will like to add a the project will provide the readers and listeners very highly profile information about the marketing strategies as a whole and also about the Coco Cola Company .In the end hope that the project will result very profitable for the readers and Coco Cola

CONTENTS

3WALEED LAL BAKHSH

1. Acknowledgment 2. The Executive Summary 3. Introduction.4. Mission, vision and values.

a. Coca Cola International history.b. Domestic history.

5. Product line. 6. Current situation analysis

a. Market Conditionb. Market Strategyc. Market analysisd. Market share analysis.e. Market Positioningf. Price Strategyg. Promotion Strategy

7. Marketing strategies of coca colaa. Productb. Placec. Promotiond. Price

8. Sale Promotion Activity9. Coco cola swot analysis

a. Strengthb. Weaknessc. Opportunitiesd. Threat

10. Profit and loss statements11. Financial highlights12. Action programs

INTRODUCTION

Coca-Cola is a carbonated soft drink sold in stores, restaurants and vending machines, Worldwide (The Coca-Cola Company claims that it is sold in more than 200 countries.). It is produced by The Coca-Cola Company in Atlanta, Georgia, and is often referred to simply as Coke or (in European and American countries) as cola, pop, or in some parts of the U.S., soda. Originally intended as a patent medicine when it was invented in the late 19th century by John Pemberton, Coca-Cola was bought out by businessman Asa Griggs Candler, whose marketing tactics led Coke to its dominance of the world soft-drink market throughout the 20th century. The company produces concentrate, which is

4WALEED LAL BAKHSH

then sold to various licensed Coca-Cola bottlers throughout the world. The bottlers, who hold territorially exclusive contracts with the company, produce finished product in cans and bottles from the concentrate in combination with filtered water and sweeteners. The bottlers then sell, distribute and merchandise Coca-Cola in cans and bottles to retail stores and vending machines. Such bottlers include Coca-Cola Enterprises, which is the largest single Coca-Cola bottler in North America and Western Europe. The Coca-Cola Company also sells concentrate for fountain sales to major restaurants and food service distributors. The Coca-Cola Company has, on occasion, introduced other cola drinks under the Coke brand name. The most common of these is Diet Coke, which has become a major diet cola. However, others exist, including Caffeine-Free Coca-Cola, Diet Coke Caffeine- Free, Coca-Cola Cherry, Coca-Cola Zero, Coca-Cola Vanilla, and special editions with lemon, lime, or coffee. In response to consumer insistence on a more natural product, the company is in the process of phasing out E211, or sodium benzoate, the controversial additive linked to DNA damage and hyperactivity in children, of Diet Coke. The company has stated that it plans to remove the controversial additive from its other products, including Sprite and Oasis, as soon as a satisfactory alternative is discovered.

MISSION, VISION & VALUES

The world is changing all around us. To continue to thrive as a business over the next ten years and beyond, we must look ahead, understand the trends and forces that will shape our business in the future and move swiftly to prepare for what's to come. We must get ready for tomorrow today. That's what our 2020 Vision is all about. It creates a long term destination for our business and provides us with a "Roadmap" for winning together with our bottler partners.

OUR MISSION

Our Roadmap starts with our mission, which is enduring. It declares our purpose as a company and serves as the standard against which we weigh our actions and decisions.· To refresh the world...· To inspire moments of optimism and happiness...· To create value and make a difference.

OUR VISION

Our vision serves as the framework for our Roadmap and guides every aspect of our business by describing what we need to accomplish in order to continue achieving sustainable, quality growth.

OUR WINNING CULTURE

Our Winning Culture defines the attitudes and behaviors that will be required of us to make our 2020 Vision a reality.

LIVE OUR VALUES

Our values serve as a compass for our actions and describe how we behave in the world.· Leadership: The courage to shape a better future· Collaboration: Leverage collective genius· Integrity: Be real· Accountability: If it is to be, it's up to me· Passion: Committed in heart and mind

5WALEED LAL BAKHSH

· Diversity: As inclusive as our brands· Quality: What we do, we do well

FOCUS ON THE MARKET

· Focus on needs of our consumers, customers and franchise partners· Get out into the market and listen, observe and learn· Possess a world view· Focus on execution in the marketplace every day· Be insatiably curious

WORK SMART

· Act with urgency· Remain responsive to change· Have the courage to change course when needed· Remain constructively discontent· Work efficiently

ACT LIKE OWNERS

· Be accountable for our actions and inactions· Steward system assets and focus on building value· Reward our people for taking risks and finding better ways to solve problems

INTERNATIONAL HISTORY

Coca-Cola Enterprises, established in 1986, is a young company by the standards

of the Coca-Cola system. Yet each of its franchises has a strong heritage in the

traditions of Coca-Cola that is the foundation for this Company.

The Coca-Cola Company traces it’s beginning to 1886, when an Atlanta

pharmacist, Dr. John Pemberton , began to produce Coca-Cola syrup for sale in

fountain drinks. However the bottling business began in 1899 when two

Chattanooga businessmen, Benjamin F. Thomas and Joseph B. Whitehead , secured

the exclusive rights to bottle and sell Coca-Cola for most of the United States

from The Coca-Cola Company.

6WALEED LAL BAKHSH

The Coca-Cola bottling system continued to operate as independent, local

businesses until the early 1980s when bottling franchises began to consolidate. In

1986, The Coca-Cola Company merged some of its company-owned operations

with two large ownership groups that were for sale, the John T. Lupton franchises

and BCI Holding Corporation's bottling holdings, to form Coca-Cola Enterprises

Inc. The Company offered its stock to the public on November 21, 1986, at a split-

adjusted price of $5.50 a share. On an annual basis, total unit case sales were

880,000 in 1986.

In December 1991, a merger between Coca-Cola Enterprises and the Johnston

Coca-Cola Bottling Group, Inc. (Johnston) created a larger, stronger Company,

again helping accelerate bottler consolidation. As part of the merger, the senior

management team of Johnston assumed responsibility for managing the Company,

and began a dramatic, successful restructuring in 1992.Unit case sales had

climbed to 1.4 billion, and total revenues were $5 billion.

DOMESTIC HISTORY

Coca cola started its operations in Pakistan in early sixties. The brand became very popular in a very short span of time and the company broadened its operations to meet its increasing demands. The coca cola inaugurated their plant in Multan at Vehari road in 1965. It is still situated at the same place. Initially it was introduced as a franchise basis. The owners who took the franchise were not focusing on the quality of coke very much and they were unable to meet the standard of coke internationally. They were losing the market share against Pepsi. So the coca cola company now has taken over it in Pakistan. Here we would like to include some of the popular slogans of coke since the coke journey started.

1886 Drink Coca-Cola 1908 Get the genuine 1923 Enjoy thirst 1934 When it's hard to get started, start with a Coca-Cola 1942 The only thing like Coca-Cola is Coca-Cola itself 1956 The friendliest drink on earth 1963 Things go better with Coke 1993 Always. Coca-Cola 2001 Life is Good

7WALEED LAL BAKHSH

2003 Jo Chaho Ho Jaye Coca Cola Enjoy 2009 Khaa Ley Pee Ley Gee Ley Coca Cola

TODAY

Today CCBPL is operated directly under the supervision of the Coca-Cola International based in Atlanta Georgia State___ USA .It owns 10 plants all around in Pakistan.

Karachi. Lahore. Gujerwal Rawelpindi Peshawar Hyderabad

PRODUCT LINE

BEVERAGES

A beverage is a drink specifically prepared for human consumption. Almost always it largely consists of water. These include:· Water, from the tap or from a bottle· Juice, for example fruit juices, vegetable juices· Soft drinks

Lemonade Carbonated drinks (generally called sodas in the Eastern U.S) Cola Ginger ale Root beer Cream soda Sports drinks Infusions Coffee Tea Dairy drinks, for example milk, yoghurt drink, chocolate milk, milkshake

8WALEED LAL BAKHSH

PRODUCT LINE OF COCA COLA

The coca cola beverage industry is currently producing different types of beverage products. The most famous are:

COCA COLA FANTA SPRITE, SPRITE 3G KINLY water MAAZA MANGO

The bottles that are filled in this plant are 250ml and 1 liter bottles. The pet bottles tin packs are not filled. The bottles are also not produced in this plant.

PRODUCT RANGE IN PAKISTAN

The total range of Coca Cola company in Pakistan includes:

Coke.

Sprite.

Fanta.

Diet Coke.

CURRENT SITUATION ANALYSIS

MARKET CONDITION

Market condition worldwide

60%

30%

10%

Coca-cola

Pepsi

Other

Coca Cola share 60% in whole world.

Pepsi share 30% in whole world.

9WALEED LAL BAKHSH

Others product share 10% in whole world.

Market position in Pakistan

.36%

54%

.10%

Coca-Cola

Pepsi

Others

Coca Cola share 36% in Pakistan.

Pepsi share 54% in Pakistan.

Others product share 10% in Pakistan.

MARKETING STRATEGE

Going Global

• Our Quality Promises

• Targeting Young Mind

• Changes Of Bottle Design

• Fun Island

• Coca Cads

• Coca Hokha

• Coke Pump

MARKET ANALYSIS:

The market analysis investigates both the internal and external business environment. It is vital that Coca cola carefully monitor both the internal and external aspects regarding it’s business as both the internal and external environment and their respective influences will be decisive traits in relation to Coke’s success and survival in the soft drink industry.

INTERNAL BUSINESS ENVIRONMENT

10WALEED LAL BAKHSH

The internal business environment and its influence is that which is to some extent within the business’s control. The main attributes in the internal environment include efficiency in the production process, through management skills and effective communication channels. To effectively control and monitor the internal business environment, Coke must conduct continual appraisals of the business’s operations and readily act upon any factors, which cause inefficiencies in any phase of the production and consumer process.

EXTERNAL BUSINESS ENVIRONMENT

The External business environment and its influences are usually powerful forces that can affect a whole industry and, in fact, a whole economy. Changes in the external environment will create opportunities or threats in the market place Coca cola must be aware off. Fluctuations in the economy, changing customer attitudes and values, and demographic patterns heavily influence the success of Coca Cola’s products on the market and the reception they receive from the consumers.

MARKET SHARE ANALYSIS

Coca cola is now one of the largest corporations in the world, with a global work force of over 90,000 and revenues of $31.9 billion in revenues in 2009. Over the years, the brand equity of the coca cola trademark, as well as that of other coca cola produced brands, has established coca cola as prominent figure in the non- alcoholic beverage industry and allowed the company to keep both revenues and profits high.

Market share analysis compares Coca Cola’s business sales performance with that of its competitors. In Pakistan Coca Cola looks to increase its market share from 30% to 35%.

MARKET POSITIONING

Product Range

The total range of Coca Cola company in Pakistan includes:

Coke.

Sprite.

Fanta.

Diet Coke.

And company offers their products in different bottle sizes these includes: SSRB (standers size returnable bottle)

LRB (litter returnable bottle)

NRB (no return bottle) or disposable bottle

PET 1.5 (1.5 litter plastic bottle)

CANS (tin pack 330 ml)

11WALEED LAL BAKHSH

Packing

Coca cola products are available in different packing

24 regular bottle shell

6 bottle pack for 1.5 pets

12 bottles in a pack for disposable bottle

24 cans in one pack.

PRICE STRATEGY

Trade PromotionCoca Cola Company gives incentives to middle men or retailers in way a that they offer them free samples and free empty bottles, by this these retailers and middle man push their product in the market. And that’s why coca cola seen more in the market. And they have a good sale in the market because according to the expert which product seen more in the market that sells more. “Seen as sold” They do agreements with a shop keepers and stores to exclusive sale in that stores. These stores are called as KEY accounts in their local language. And coke also invest heavy budget on these stores and offers them free samples and free bottles and some time cash incentives.

Different Price in Different Seasons Sometimes Coca Cola Company change their product prices according to the season. Summer is supposed to be a good season for beverage industry in Pakistan. So in winter they reduce their prices to maintain their sales and profit. But normally they reduce the prices of their pet bottles or 1 litter glass bottle.

PROMOTION STRATEGIES

Getting shelvesThey gets or purchase shelves in big departmental stores and display their products in that shelves in that style which show their product more clear and more attractive for the consumers.

Eye Catching Position Salesman of the coca cola company positions their freezers and their products in eye-catching positions. Normally they keep their freezers near the entrance of the stores.

Sale PromotionCompany also do sponsorships with different college and school’s cafes and sponsors their sports events and other extra curriculum activities for getting market share.

Distribution ChannelCoca Cola Company makes two types of selling

12WALEED LAL BAKHSH

Direct sellingIndirect selling

Direct SellingIn direct selling they supply their products in shops by using their own transports. They have almost 450 vehicles to supply their bottles. In this type of selling company have more profit margin.

MARKETING STRATEGIES OF COCA COLA

Our local marketing strategy enables Coke to listen to all the voices around the world asking for beverages that span the entire spectrum of tastes and occasions. What people want in a beverage is a reflection of which they are, where they live, how they work and play, and how they relax and recharge. Whether you're a student in the United States enjoying a refreshing Coca-Cola, a woman in Italy taking a tea break, a child in Peru asking for a juice drink, or a couple in Korea buying bottled water after a run together, we're there for you. We are determined not only to make great drinks, but also to contribute to communities around the world through our commitments to education, health, wellness, and diversity. Coke strives to be a good neighbor, consistently shaping our business decisions to improve the quality of life in the communities in which we do business. It's a special thing to have billions of friends around the world, and we never forget it.

POSITIONING

Coca Cola does its positioning on the basis of its taste. Once a business has decided which segments of the market it will compete in, developed a clear picture of its target market and defined its product, the positioning strategy can be developed. Positioning is the process of creating, the image the product holds in the mind of consumers, relative to competing products. Coca Cola and Franklins both make soft drinks; although Franklins may try to compete they will still be seen as down market from Coca Cola. Positioning helps customers understand what is unique about the products when compared with the competition. Coca Cola plan to further create positions that will give their products the greatest advantage in their target markets. Coca Cola has been positioned based on the process of positioning by direct comparison and have positioned their products to benefit their target market. Most people create an image of a product by comparing it to another product, thus evident through the famous battles between Coca-Cola and Pepsi products.

13WALEED LAL BAKHSH

Developing the Marketing Mix or 4 P’s

The marketing mix is probably the most crucial stage of the marketing planning process. This is where the marketing tactics for each product are determined. The marketing mix refers to the combination of the four factors (price, promotion, product, and place) that make up the core of a business’s marketing strategy. In this step of the marketing planning process, marketing mix must be designed to satisfy the wants of target markets and achieve the marketing objectives. The most successful businesses have continually monitored and changed their marketing mix due to respective internal and external factors and have monitored the external business environment in order to maximize their marketing mix components.

Product

Many Products are physical objects that you can own and take home. But the word product means much more than just physical goods. In marketing, product also refers to services, such as holidays or a movie, where you enjoy the benefits without owning the result of the service.

Businesses must think about products on three different levels, which are the core product, the actual product and the augmented product. The core product is what the consumer is actually buying and the benefits it gives. Coca Cola customers are buying a wide range of soft drinks. The actual product is the parts and features, which deliver the core product. Consumers will buy the coke product because of the high standards and high quality of the Coca Cola products. The augmented product is the extra consumer benefits and services provided to customers. Since soft drinks are a consumable good, the augmented level is very limited. But Coca Cola do offer a help line and complaint phone service for customers who are not satisfied with the product or wish to give feedback on the products.

BRANDING

It is often hard to say exactly why we buy one company’s product over another. Companies such as Nike and Adidas spend large amounts of money trying to win consumers away from their competitors who make products that are very similar. The popularity of the brand is often the deciding factor. Over the time Coca Cola has spent millions of dollars developing and promoting their brand name, resulting in worldwide recognition. 'Coca-Cola' is the most recognized trademark, recognized by 94% of the world's population and is the most widely recognized word after "OK". Coca Cola’s red and white colors and special writing are all examples of world-wide trademarks.

14WALEED LAL BAKHSH

PRODUCT LINE

There are different brands of the Coca Cola Company, which are currently in use throughout the world. This company not only deals in the carbonated drinks but also other drinks. While launching its product, the marketing team considers the culture of the country.

Major brands of coca cola

Coke

Sprite

Fanta

Diet coke

Coke classic

PROMOTION

ADVERTISEMENT

Coca cola company use different mediums

Print media

Pos material

Tv commercial

Billboards and holdings

SALES PROMOTION ACTIVITIES

1. COCA-COLA CRICKET2. COCA-COLA CONCERTS3. COCA-COLA FOOD MELA4. COCA-COLA & MC DONALD’S

15WALEED LAL BAKHSH

SWOT ANALYSIS OF COCO COLA

STRENGTHS: PRODUCT IMAGE /BRAND IMAGE:

It is rated as the world’s number one cold drink and is famed for its internationally well-known brand name “Coca-Cola”.

Coca-Cola has been a complex part of world culture for a very long time. The product's image is loaded with over-romanticizing, and this is an image many people have taken deeply to heart. The Coca-Cola image is displayed on T-shirts, hats, and collectible memorabilia. This extremely recognizable branding is one of Coca-Cola's greatest strengths. "Enjoyed more than 685 million times a day around the world Coca-Cola stands as a simple, yet powerful symbol of quality and enjoyment" (Allen, 1995).

BOTTLING (SHAPE):

Coca-Cola's bottling system is one of their greatest strengths. It allows them to conduct business on a global scale while at the same time maintain a local approach. The bottling companies are locally owned and operated by independent business people who are authorized to sell products of the Coca-Cola Company. Because Coke does not have outright ownership of its bottling network, its main source of revenue is the sale of concentrate to its bottlers.

REGULAR SUPPLY :

The regular supply of the products is strength of the company. The products are regularly supplied to the dealers through proficient means of delivering and distribution has given Coca-Cola Pakistan an added advantage. Coke trucks supply the products regularly and always have the desired products for the dealers.

AGGRESSIVE MARKETING STRATEGY:

Its marketing strategy is very aggressive which aids it in further and incessant production and distribution of its products. It gives trade offers to its dealers for storing more and more coke products and the signage strategies and agglomeration of all the marketing strategies proves that it has a very aggressive marketing strategy. This will help Coca-Cola Pakistan in strengthening its integrity in the

CUSTOMER LOYALTY / TASTE LOVER :

16WALEED LAL BAKHSH

The biggest strength of coco cola‘s is the taste. We researched on it and ask too many people they like coco cola because it is not too much sweet as compare to others there is some secret ingredient which is highly confidential

WEAKNESS

Weaknesses for any business charge to be both minimized and monitored in adjustment to finer

accomplish abundance and ability in their business's activities, although Coco Cola is very

successful business company, with limited weakness. However they do have a variety of weakness

that need to be addressed if they want to raise the next level.

CENTRALIZED DECISION MAKING:

The decision making process in the company is highly centralized and the workers feel that there exists no proper authority existing in the firm. The salesmen feel dissatisfied for they are totally powerless to make any decisions themselves. In dealing with their buyers they have not the slightest authority to allow them any credit or discount.

POOR DISTRIBUTION:

Presently the market share of coca cola in Pakistan is only 14% however Pepsi has a market share of 77%.even though internationally coca cola is considered the number one brand. The problem however lies why is it that coke is unable to attain a strong hold in Pakistan. The answer to this is not simple, but through various reasoning one of the major attributes to this is coke has a weak hand on its distribution channel. In Karachi, Shops and stores put their names on painted branded boards, and are bought by the cola majors to stock only their brands, thereby obviating any sales pitch by their competitors. In this case coke has been beaten by Pepsi at various occasions.

DOCUMENTATION & FORMALITIES:

Some time quick action is necessary but due to the centralized decision making it is not possible. However the competitors do use the local approach as per the area requirement.

HEALTH PROBLEM:

Coca-Cola on the other side has effects on the teeth's which is an issue for health care. It also has got sugar by which continuous drinking of Coca-Cola may cause health problems. Being addicted to Coca-Cola also is a health problem, because drinking of Coca-Cola daily has an effect on your body after few years

LESS AVAILIBITY:

The product is not available to the extent that it should be. If Coca-Cola wants to make an impact in the market they will have to do more than they are doing at the present moment. If we talking about the rural areas in Pakistan Coco cola is not frequently available as its competitors are. It is the reason that Coco Cola Company is unable to spread its roots in this market as it has done globally.

17WALEED LAL BAKHSH

LACK OF PROMOTION:

Coca cola is very much conscious about their billboards, holdings and TV commercials but these Promotional activities have been greatly neglected in many areas especially interior sides of our providences. This indeed results in a high degree of difficulty for coke in penetrating the market.

OPPORTUNITIES

NEW MARKET:

We know that Coke came to Pakistan many years ago and since it is working hard to develop its market. We think that Coca-Cola can secure new dealers and buyers of its product as still large part of the country is still devoid of its products. It can promote its products in the younger generation by targeting the new outlets being opened due to improved law & order situation and a growing population.

Another new market is waiting for Coco Cola is the rural area where company need to address with its integrated marketing tools and strategies to make them aware and develop the taste of these people.

TO MAKE CHANGES IN PACKAGING:

Coca-Cola's bottling system also allows the company to take advantage of infinite growth opportunities around the world. This strategy gives Coke the opportunity to service a large geographic, diverse.

NICHE MARKETING:

Niche markets that ample companies do not ambition to serve

THREATS

SUBSTITUTE

Currently, the threat of new viable competitors in the carbonated soft drink industry is not very substantial. The threat of substitutes, however, is a very real threat. The soft drink industry is very strong, but consumers are not necessarily married to it. Possible substitutes that continuously put pressure on both Pepsi and Coke include tea, coffee, juices, milk, and

FAKE PRODUCTS:

In areas such as Liaqatabad, New Karachi, Glimmer etc Fake beverages by the name of coke are being supplied by unknown people. Such activities really hamper the company’s name and its brand originality. Above all the fake beverages supplied are almost similar to the taste of the original Coke brand and not everyone can decipher the difference between the original and the fake

18WALEED LAL BAKHSH

product. This is in fact a great threat to Coca-Cola for unworthy people is taking advantage of its brand name and spoiling its good name in the market

CONSUMER BUYING POWER :

It also represents a key threat in the industry. The rivalry between Pepsi and Coke has produce a very slow moving industry in which management must continuously respond to the changing attitudes and demands of their consumers or face losing market share to the competition. Furthermore, consumers can easily switch to other beverages with little cost or consequence.

THE MANGO SEASON:

The mango season is a great threat to Coca-Cola’s operations and also its sales. According to statistics during the mango season Coca-Cola’s sales are reduced by about 25-30%. This is indeed a huge blow to Coca-Cola especially since it is a fairly new company in the market. The greatest affect is on the revenue from the rural areas where mango drinks take over. However this is one factor that Coke cannot do anything about for it is not in their hands. If the mango season is to come nothing can be done about it.

Economical and political issues. Competitor’s Schemes

19WALEED LAL BAKHSH

20WALEED LAL BAKHSH

The Coca-Cola Company and Subsidiaries

Condensed Consolidated Balance Sheets

(UNAUDITED)

(In millions except par value)

 April 3, 2009

 ASSETS  CURRENT ASSETS   Cash and cash equivalents $ 6,816 Marketable securities 263 Trade accounts receivable, less allowances 3,139 Inventories 2,298 Prepaid expenses and other assets 2,198 TOTAL CURRENT ASSETS 14,714

 INVESTMENTS   Equity method investments:   Coca-Cola Hellenic Bottling Company S.A. 1,386 Coca-Cola FEMSA, S.A.B. de C.V. 840 Coca-Cola Amatil Limited 680 Coca-Cola Enterprises Inc. - Other, principally bottling companies and joint ventures 2,410 Other investments, principally bottling companies 441 TOTAL INVESTMENTS 5,757

 OTHER ASSETS 1,793 PROPERTY, PLANT AND EQUIPMENT — net 8,425 TRADEMARKS WITH INDEFINITE LIVES 6,042 GOODWILL 3,988 OTHER INTANGIBLE ASSETS 2,384

 

TOTAL ASSETS $

43,103

 LIABILITIES AND EQUITY  CURRENT LIABILITIES  

Accounts payable and accrued expenses $ 5,651

Loans and notes payable 6,701

Current maturities of long-term debt 461

Accrued income taxes 356 TOTAL CURRENT LIABILITIES 13,169

 LONG-TERM DEBT 5,017 OTHER LIABILITIES 2,944 DEFERRED INCOME TAXES 865 THE COCA-COLA COMPANY SHAREOWNERS' EQUITY   Common stock, $0.25 par value; Authorized — 5,600 shares 880 Capital surplus 8,021 Reinvested earnings 38,911

Accumulated other comprehensive income (loss) (2,893

)

Treasury stock, at cost (24,207

)EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY 20,712 EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS 396 TOTAL EQUITY 21,108

PROFIT LOSS STATEMENTS

The Coca-Cola Company today reported solid first quarter 2009 results despite a challenging economic environment, with unit case volume increasing 2 percent, successfully cycling 6 percent growth in the prior year quarter. Acquisitions contributed 1 percentage point of unit case volume growth for the quarter.

Internationally, the Company achieved broad-based unit case volume growth of 3 percent. Unit case volume increased in key emerging markets, with 31 percent growth in India, 10 percent growth in China, high single-digit growth in Southern Eurasia, Thailand and Vietnam and mid single-digit growth in Korea and Nigeria.

During the quarter, Latin America continued with strong unit case volume growth of 5 percent, led by a 6 percent increase in Mexico and a 4 percent increase in Brazil, as well as continued volume and value share gains in both sparkling and still beverages.

Europe outperformed the industry and gained volume and value share. Unit case volume growth of 3 percent in Northwest Europe was offset by significant macroeconomic challenges in Central and Eastern Europe resulting in unit case volume for the group declining 2 percent in the quarter, cycling 4 percent growth in the prior year quarter.

North America again outperformed the industry, gaining nonalcoholic ready-to-drink share for the fifth consecutive quarter. North America realized sequential improvement with unit case volume declining 2 percent in the quarter.

In Japan, unit case volume was even, outperforming the nonalcoholic ready-to-drink industry and resulting in the fourth consecutive quarter of share gains.

Sparkling beverage unit case volume was even in the quarter. International sparkling beverage unit case volume increased 1 percent in the quarter, cycling 5 percent growth.

Still beverage unit case volume increased 9 percent in the quarter, led by strong growth across the portfolio, including juices and juice drinks, sports drinks, teas, and water brands. International still beverage unit case volume increased 13 percent in the quarter.

Globally, the Company gained volume and value share in nonalcoholic ready-to-drink beverages for the seventh consecutive quarter.

FINANCIAL HIGHLIGHTS

The Company reported first quarter 2009 earnings per share of $0.58. After considering items impacting comparability, earnings per share for the quarter were $0.65, a decrease of 3 percent versus the 2008 first quarter. Reported earnings per share for the first quarter of 2009 included a net charge of $0.07 per share primarily related to restructuring charges and asset write-downs. Reported earnings per share for the first quarter of 2008 were $0.64, including a net charge of $0.03 per share primarily related to restructuring charges

21WALEED LAL BAKHSH

and asset write-downs. Results in the first quarter of 2009 were also positively impacted by 5 additional selling days, which will offset in the fourth quarter.

Operating income for the first quarter of 2009 decreased 1 percent on a reported basis versus the first quarter of 2008. Items impacting comparability reduced first quarter operating income by $92 million in 2009 and by $85 million in 2008. After considering these items, operating income was even. Excluding the impact of currency, operating income increased 17 percent, exceeding the Company’s currency neutral long-term profit target.

In February, the Company approved its 47th consecutive annual dividend increase, raising the 2009 quarterly dividend 8 percent.

The Company is currently on track to deliver $500 million in annualized savings from productivity initiatives by year-end 2011. The continued acceleration of these efforts will enable cash flows to be redeployed to drive investments for growth.

"While the global economic environment remains challenging, we are well positioned for long-term growth. Our business was built for times like these," said Muhtar Kent, president and chief executive officer, The Coca-Cola Company. "We again exceeded our long-term profit target and delivered solid volume results. Importantly, in many worldwide markets, we outperformed the nonalcoholic ready-to-drink industry, driving further volume and value share gains. I am confident that, armed with strong brands and solid business fundamentals, our experienced management team will continue delivering against our long-term targets."

"Consumers around the world love and trust our brands and turn to us to provide simple moments of refreshment nearly 1.6 billion times every day. And every week, our system reaches 20 million customers around the world with innovative, category-leading brands and services that deliver at the point-of-sale. There really is no better consumer business to be in today…or tomorrow." "Further, our business has historically generated significant cash flow in all economic conditions, enabling us to invest in key brands and geographies, and consistently return value to our shareowners. This is clearly reflected by our 47th consecutive annual dividend increase and the continued investment behind our growing stable of billion dollar brands."

"Our strong foundation, consistent set of strategic priorities, and alignment with our invaluable bottling partners were drivers of our continued success this quarter. Our system is truly like no other, and is now more aligned and more capable of creating value for our consumers, our customers, and our shareowners. All of this provides us confidence that The Coca-Cola Company will continue to deliver consistent, long-term sustainable growth and with great resolve will come out of this tumultuous period much better than when we entered."

ACTION PROGRAMS

22WALEED LAL BAKHSH

T o achieve the business objectives coca cola adopted the following strategies;_

Coke Studio- Coke Studio is a musical program sponsored by coca cola and telecasted on popular channels in Pakistan.

Coke Blitz- In coke blitz coca cola company‘s employees worked as a team and visited their retailers and helped them in cleaning of refrigerators and placed them at easily reachable position.

Sprite Mad About TV- In this promotional activity a media team visited the universities all over Pakistan in search of talent under the coca cola company name to promote its product.

Ramadhan offer- In month of Ramadhan special discounts are given to increase the sales.

23WALEED LAL BAKHSH