EX-99 2 dex99.htm RECLASSIFIED SEGMENT INFORMATION AND GEOGRAPHIC SALES ANALYSIS Reclassified segment information and geographic sales analysis

Exhibit 99

Colgate-Palmolive Company

Dollars in Millions Except Per Share Amounts

Segment Information (Reclassified)

(Unaudited)

 

Worldwide Net Sales by Business Segment and
Geographic Region		   2005     Q1’05     Q2’05     Q3’05     Q4’05     2004     2003     2002     2001  

Oral, Personal and Home Care

                          

North America (1)

   $2,509.8     $609.7     $632.1     $653.4     $614.6       $2,378.7     $2,356.2     $2,374.1     $2,299.9  

Latin America

   2,623.8     588.5     651.4     669.0     714.9     2,266.0     2,179.5     2,206.8     2,356.0  

Europe/South Pacific

   2,845.9     720.2     722.1     728.7     674.9     2,759.4     2,449.1     2,094.4     1,946.6  

Greater Asia/Africa

   1,897.2     465.2     456.4     486.4     489.2     1,747.0     1,602.5     1,431.9     1,372.7  

Total Oral, Personal and Home Care

   9,876.7     2,383.6     2,462.0     2,537.5     2,493.6     9,151.1     8,587.3     8,107.2     7,975.2  

Pet Nutrition (2)

   1,520.2     359.4     375.5     374.3     411.0     1,433.1     1,316.1     1,187.1     1,109.1  

Total Net Sales

   $11,396.9     $2,743.0     $2,837.5     $2,911.8     $2,904.6     $10,584.2     $9,903.4     $9,294.3     $9,084.3  
                   

(1)  Net sales in the United States for Oral, Personal and Home Care were $2,124.2, $2,000.3,

$1,986.9, $2,030.4 and $1,976.7, in 2005, 2004, 2003, 2002 and 2001, respectively.

(2)  Net sales in the United States for Pet Nutrition were $818.1, $781.0, $752.8, $714.5 and $661.5,

in 2005, 2004, 2003, 2002 and 2001, respectively.

    

 

    

 

                   
Worldwide Operating Profit by Business
Segment and Geographic Region		   2005     Q1’05     Q2’05     Q3’05     Q4’05     2004     2003     2002     2001  

Oral, Personal and Home Care

                          

North America

   $545.7     $136.8     $135.3     $140.6     $133.0     $530.1     $547.4     $578.7     $516.6  

Latin America

   698.0     163.1     179.3     171.9     183.7     627.7     613.3     647.4     663.2  

Europe/South Pacific

   619.8     154.4     156.9     159.3     149.2     611.5     551.5     454.9     387.5  

Greater Asia/Africa

   245.5     62.8     55.9     58.5     68.3     237.6     217.4     186.7     151.0  

Total Oral, Personal and Home Care

   2,109.0     517.1     527.4     530.3     534.2     2,006.9     1,929.6     1,867.7     1,718.3  

Pet Nutrition

   412.8     98.2     102.6     98.9     113.1     389.7     371.0     318.3     282.1  

Corporate

   (306.8 )   (122.7 )   (88.9 )   (24.9 )   (70.3 )   (274.5 )   (134.6 )   (172.9 )   (165.6 )

Total Operating Profit

   $2,215.0     $492.6     $541.1     $604.3     $577.0     $2,122.1     $2,166.0     $2,013.1     $1,834.8  

Colgate-Palmolive Company

Dollars in Millions Except Per Share Amounts

Segment Information (Reclassified)

(Unaudited)

 

Identifiable Assets    2005    2004    2003    2002    2001
Oral, Personal and Home Care               

North America

    $1,918.0    $2,001.4    $2,081.8    $2,064.3    $2,108.6

Latin America

    2,084.3    1,825.1    1,757.2    1,661.4    1,934.9

Europe/South Pacific

    2,120.3    2,575.6    1,556.4    1,372.9    1,247.6

Greater Asia/Africa

    1,336.5    1,298.6    1,109.7    1,004.3    958.7
Total Oral, Personal and Home Care    7,459.1    7,700.7    6,505.1    6,102.9    6,249.8
Pet Nutrition    614.3    614.0    587.2    552.5    497.6
Corporate    433.7    358.2    386.5    431.8    237.4
Total Identifiable Assets (3)    $8,507.1    $8,672.9    $7,478.8    $7,087.2    $6,984.8

 

(3)  Long-lived assets in the United States, primarily property, plant and equipment and goodwill and other intangibles represented approximately one-third of total long-lived assets of $5,225.7, $5,808.0, $4,826.7, $4,677.2 and $4,667.1, in 2005, 2004, 2003, 2002 and 2001, respectively.

              
Capital Expenditures    2005    2004    2003    2002    2001
Oral, Personal and Home Care               

North America

    $39.3    $55.4    $48.3    $65.0    $70.5

Latin America

    104.1    75.4    72.9    106.4    115.6

Europe/South Pacific

    63.1    71.5    47.9    38.4    34.8

Greater Asia/Africa

    117.9    79.6    57.6    53.9    35.0
Total Oral, Personal and Home Care    324.4    281.9    226.7    263.7    255.9
Pet Nutrition    28.5    30.4    38.3    39.4    37.0
Corporate    36.3    35.8    37.1    40.6    47.3
Total Capital Expenditures    $389.2    $348.1    $302.1    $343.7    $340.2
              
              
Depreciation and Amortization    2005    2004    2003    2002    2001
Oral, Personal and Home Care               

North America

    $71.2    $74.9    $83.3    $82.1    $102.8

Latin America

    67.1    58.8    55.6    53.8    69.3

Europe/South Pacific

    76.6    82.4    70.5    61.7    67.2

Greater Asia/Africa

    49.5    48.1    44.9    41.9    45.5
Total Oral, Personal and Home Care    264.4    264.2    254.3    239.5    284.8
Pet Nutrition    30.1    31.1    31.9    28.7    28.1
Corporate    34.8    32.5    29.3    28.3    23.3
Total Depreciation and Amortization    $329.3    $327.8    $315.5    $296.5    $336.2

Colgate-Palmolive Company - Geographic Sales Analysis

Percentage Changes - Fourth Quarter and Full Year 2005 vs 2004

12/31/2005 (Reclassified)

(Unaudited)

 

                COMPONENTS OF SALES
CHANGE
FOURTH QUARTER		                 COMPONENTS OF SALES
CHANGE
TWELVE MONTHS		  
Region   4th Quarter
Sales
Change
Net of
Divestments		     4th Quarter
Sales
Change
Ex-Divestment		     Ex-Divested
Volume		     Pricing,
Coupons,
Consumer &
Trade
Incentives		     Exchange     12 Months
Sales
Change
Net of
Divestments		     12 Months
Sales
Change
Ex-Divestment		     Ex-Divested
Volume		     Pricing,
Coupons,
Consumer &
Trade
Incentives		     Exchange  

Total Company

   3.5 %   5.5 %   4.5 %   2.0 %   -1.0 %   7.5 %   8.5 %   6.5 %   0.5 %   1.5 %

Europe/South Pacific

   -9.0 %   -8.0 %   0.0 %   -1.5 %   -6.5 %   3.0 %   3.5 %   5.0 %   -2.0 %   0.5 %

Latin America

   16.5 %   16.5 %   5.0 %   5.5 %   6.0 %   16.0 %   16.5 %   7.5 %   4.0 %   5.0 %

Greater Asia/Africa

   9.5 %   9.5 %   10.0 %   0.5 %   -1.0 %   8.5 %   8.5 %   8.0 %   -0.5 %   1.0 %

Total International

   4.0 %   5.0 %   4.5 %   1.5 %   -1.0 %   9.0 %   9.0 %   6.5 %   0.5 %   2.0 %

North America

   1.0 %   8.5 %   6.0 %   2.0 %   0.5 %   5.5 %   8.0 %   6.5 %   0.5 %   1.0 %

Total CP Products

   3.5 %   5.5 %   4.5 %   1.5 %   -0.5 %   8.0 %   9.0 %   6.5 %   0.5 %   2.0 %

Hill’s

   5.0 %   5.0 %   5.0 %   2.5 %   -2.5 %   6.0 %   6.0 %   4.0 %   1.5 %   0.5 %

NOTE:

The June 2004 acquisition of GABA had a 1.0% and 4.0% positive impact on the twelve months sales growth for Total Company and Europe/South Pacific, respectively.

Colgate-Palmolive Company - Geographic Sales Analysis

Percentage Changes - Third Quarter 2005 vs 2004

9/30/2005 (Reclassified)

(Unaudited)

 

                COMPONENTS OF SALES
CHANGE
THIRD QUARTER		                 COMPONENTS OF SALES
CHANGE
NINE MONTHS		  
Region   3rd Qtr
Sales
Change
Net of
Divestments		     3rd Qtr
Sales
Change
Ex-Divestment		     Ex-Divested
Volume		     Pricing,
Coupons,
Consumer &
Trade
Incentives		     Exchange     9 months
Sales
Change
Net of
Divestments		     9 months
Sales
Change
Ex-Divestment		     Ex-Divested
Volume		     Pricing,
Coupons,
Consumer &
Trade
Incentives		     Exchange  

Total Company

   8.0 %   8.5 %   5.5 %   1.0 %   2.0 %   9.0 %   9.5 %   7.0 %   0.0 %   2.5 %

Europe/South Pacific

   1.5 %   1.5 %   3.0 %   -2.5 %   1.0 %   7.5 %   7.5 %   6.5 %   -2.5 %   3.5 %

Latin America

   18.0 %   18.0 %   5.5 %   5.0 %   7.5 %   15.5 %   16.5 %   8.5 %   3.5 %   4.5 %

Greater Asia/Africa

   11.0 %   11.0 %   9.5 %   0.0 %   1.5 %   8.5 %   8.5 %   8.0 %   -1.5 %   2.0 %

Total International

   9.5 %   9.5 %   5.5 %   1.0 %   3.0 %   10.5 %   11.0 %   7.5 %   0.0 %   3.5 %

North America

   5.0 %   7.5 %   6.0 %   0.5 %   1.0 %   7.0 %   8.0 %   7.0 %   0.0 %   1.0 %

Total CP Products

   8.0 %   9.0 %   6.0 %   0.5 %   2.5 %   9.5 %   10.0 %   7.5 %   0.0 %   2.5 %

Hill’s

   7.0 %   7.0 %   4.0 %   1.5 %   1.5 %   6.5 %   6.5 %   3.5 %   1.0 %   2.0 %

NOTE:

The June 2004 acquisition of GABA had a 1.0% and 5.5% positive impact on the nine months sales growth for Total Company and Europe/South Pacific, respectively.

Colgate-Palmolive Company - Geographic Sales Analysis

Percentage Changes - Second Quarter 2005 vs 2004

6/30/2005 (Reclassified)

(Unaudited)

 

                COMPONENTS OF SALES
CHANGE
2ND QUARTER		                 COMPONENTS OF SALES
CHANGE
SIX MONTHS		  
Region   2nd Qtr
Sales
Change
Net of
Divestments		     2nd Qtr
Sales
Change
Ex-Divestment		     Ex-Divested
Volume		     Pricing,
Coupons,
Consumer &
Trade
Incentives		     Exchange     6 months
Sales
Change
Net of
Divestments		     6 months
Sales
Change
Ex-Divestment		     Ex-Divested
Volume		     Pricing,
Coupons,
Consumer &
Trade
Incentives		     Exchange  

Total Company

   10.5 %   10.5 %   8.0 %   0.0 %   2.5 %   9.5 %   10.0 %   8.0 %   -0.5 %   2.5 %

Europe/South Pacific

   10.5 %   10.5 %   9.5 %   -3.0 %   4.0 %   11.0 %   11.0 %   8.5 %   -2.5 %   5.0 %

Latin America

   18.0 %   19.5 %   11.0 %   3.5 %   5.0 %   14.0 %   15.5 %   10.0 %   2.5 %   3.0 %

Greater Asia/Africa

   5.5 %   5.5 %   5.0 %   -1.0 %   1.5 %   7.0 %   7.0 %   7.0 %   -2.0 %   2.0 %

Total International

   11.5 %   12.0 %   9.0 %   -0.5 %   3.5 %   11.0 %   11.5 %   8.5 %   -0.5 %   3.5 %

North America

   9.0 %   9.0 %   8.0 %   0.0 %   1.0 %   8.0 %   8.0 %   8.0 %   -0.5 %   0.5 %

Total CP Products

   11.0 %   11.5 %   8.5 %   0.0 %   3.0 %   10.5 %   10.5 %   8.0 %   -0.5 %   3.0 %

Hill’s

   6.0 %   6.0 %   3.5 %   0.5 %   2.0 %   6.5 %   6.5 %   3.0 %   1.0 %   2.5 %

NOTE:

GABA was acquired June 1, 2004.

The impact of GABA on Total Company sales and volume was 1.5% in the second quarter and 2.0% in the six month period.

The impact of GABA on Europe/South Pacific sales and volume was 6.0% in the second quarter and 8.0% in the six month period.

Colgate-Palmolive Company - Geographic Sales Analysis

Percentage Changes - First Quarter 2005 vs 2004

3/31/2005 (Reclassified)

(Unaudited)

 

                 COMPONENTS OF SALES
CHANGE
1ST QUARTER		  
Region    1st Qtr
Sales
Change
Net of
Divestments		     1st Qtr
Sales
Change
Ex-Divestment		     Ex-Divested
Volume		     Pricing
Coupons
Consumer &
Trade
Incentives		     Exchange  

Total Company

    9.0 %   9.5 %   7.5 %   -0.5 %   2.5 %

Europe/South Pacific

    11.5 %   11.5 %   7.5 %   -2.0 %   6.0 %

Latin America

    10.5 %   11.5 %   8.5 %   1.5 %   1.5 %

Greater Asia/Africa

    8.5 %   8.5 %   9.0 %   -3.0 %   2.5 %

Total International

    10.5 %   10.5 %   8.0 %   -1.0 %   3.5 %

North America

    7.0 %   7.0 %   7.5 %   -1.0 %   0.5 %

Total CP Products

    9.5 %   10.0 %   8.0 %   -1.0 %   3.0 %

Hill’s

    7.0 %   7.0 %   3.0 %   1.5 %   2.5 %

NOTE:

GABA was acquired June 1, 2004.

The impact of GABA on the three months for sales and ex-divested volume for Total Company and Europe/South Pacific is respectively, 2.5% and 10.5%.

Divestments consist of the sale of certain detergent brands, which impact Europe/South Pacific and Latin America.

Colgate-Palmolive Company - Geographic Sales Analysis

Percentage Changes - Full Year 2004 vs 2003

12/31/2004 (Reclassified)

(Unaudited)

 

                 COMPONENTS OF SALES
CHANGE
12 MONTHS		  
Region   

12 Months
Sales
Change

Net of
Divestments

    

12 Months
Sales

Change
Ex-Divestment

     Ex-Divested
Volume		     Pricing
Coupons
Consumer &
Trade
Incentives		     Exchange  

Total Company

    7.0 %   8.0 %   6.5 %   -1.5 %   3.0 %

Europe/South Pacific

    12.5 %   17.0 %   10.5 %   -3.5 %   10.0 %

Latin America

    4.0 %   4.5 %   6.5 %   1.5 %   -3.5 %

Greater Asia/Africa

    9.0 %   10.5 %   11.5 %   -4.5 %   3.5 %

Total International

    8.5 %   11.0 %   9.5 %   -2.0 %   3.5 %

North America

    1.0 %   1.0 %   2.5 %   -2.5 %   1.0 %

Total CP Products

    6.5 %   8.0 %   7.0 %   -2.0 %   3.0 %

Hill’s

    9.0 %   9.0 %   3.5 %   1.5 %   4.0 %

NOTE:

GABA was acquired June 1, 2004.

The impact of GABA on the twelve months for both sales and ex-divested volume for Total Company and Europe/South Pacific are respectively, 1.0% and 5.0%.

Divestments consist of the sale in 2003 of certain detergent and soap brands, which impact Europe/South Pacific and Greater Asia/Africa, and the sale in 2004 of certain detergent brands in Latin America.

Colgate-Palmolive Company - Geographic Sales Analysis

Percentage Changes - Full Year 2003 vs 2002

12/31/2003 (Reclassified)

(Unaudited)

 

                 COMPONENTS OF SALES
CHANGE
12 MONTHS		  
Region    12 Months
Sales
Change
Net of
Divestments		    

12 Months
Sales

Change
Ex-Divestment

     Ex-Divested
Volume		     Pricing
Coupons
Consumer &
Trade
Incentives		     Exchange  

Total Company

    6.5 %   6.5 %   3.5 %   0.5 %   2.5 %

Europe/South Pacific

    17.0 %   17.0 %   1.5 %   -2.0 %   17.5 %

Latin America

    -1.0 %   -1.0 %   4.0 %   7.5 %   -12.5 %

Greater Asia/Africa

    12.0 %   12.0 %   9.5 %   -3.0 %   5.5 %

Total International

    8.5 %   8.5 %   4.5 %   1.5 %   2.5 %

North America

    -1.0 %   -1.0 %   0.5 %   -2.5 %   1.0 %

Total CP Products

    6.0 %   6.0 %   3.5 %   0.5 %   2.0 %

Hill’s

    11.0 %   11.0 %   4.5 %   1.5 %   5.0 %