-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HjxD1JbxzbeiZJVpgUtidOyk0DVnQ/k6pL57G5wYBJDzwvuzRepM8Ff8n91tOJOi 7aA0mOj+8WEMPgYeprmZyA== 0000077476-02-000015.txt : 20020414 0000077476-02-000015.hdr.sgml : 20020414 ACCESSION NUMBER: 0000077476-02-000015 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020911 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: FILED AS OF DATE: 20020211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PEPSICO INC CENTRAL INDEX KEY: 0000077476 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] IRS NUMBER: 131584302 STATE OF INCORPORATION: NC FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01183 FILM NUMBER: 02534291 BUSINESS ADDRESS: STREET 1: 700 ANDERSON HILL RD CITY: PURCHASE STATE: NY ZIP: 10577 BUSINESS PHONE: 9142532000 MAIL ADDRESS: STREET 1: 700 ANDERSON HILL ROAD CITY: PURCHASE STATE: NY ZIP: 10577-1444 FORMER COMPANY: FORMER CONFORMED NAME: PEPSI COLA CO DATE OF NAME CHANGE: 19700903 8-K 1 k821102.htm Current Report on Form 8-K

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

February 11, 2002
____________________________________
Date of Report (Date of earliest event reported)

PepsiCo, Inc.
_______________________________________
(Exact name of registrant as specified in its charter)

North Carolina
__________________________________
(State or other jurisdiction of incorporation)

1-1183
(Commission File Number)		 13-1584302
(IRS Employer Identification No.)


700 Anderson Hill Road, Purchase, New York 10577
_____________________________________
(Address of Principal Executive Offices)

Registrant's telephone number, including area code: (914) 253-2000





Item 7.   Financial Statements, Pro Forma Financial Information and Exhibits.

(c)   Exhibits.

  99.1 Financial presentation materials.


Item 9.   Regulation FD Disclosure

    On February 12, 2002, a presentation regarding adjustments for FAS 142, EITF 01-9 and other changes for the fiscal year ended December 29, 2001 is being webcast. These adjusted amounts will be used for comparative purposes when presenting 2002 results. Certain financial materials relating to the presentation are attached to this report as Exhibit 99.1 and are currently available on our website.

    This material contains certain “forward looking” statements. These statements are based on management’s current expectations and are naturally subject to uncertainty and changes in circumstances. Actual results may vary materially from the expectations contained herein. PepsiCo is not under any obligation to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.


SIGNATURES

        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.



Date: February 11, 2002 PepsiCo, Inc.

By: /s/ Thomas H. Tamoney, Jr.
Thomas H. Tamoney, Jr.
Vice President and
Associate General Counsel




INDEX TO EXHIBITS

Exhibit Number Description


99.1 Financial presentation materials.
 EX-99.1 3 exh21102.htm Exhibit 99.1

FLNA
2001 Restatement (Comparable Basis)

($MM)

                                  Q1        Q2       Q3       Q4         FY
                               -----     -----    -----    -----      -----
NOPBT

Old Basis                        426       492      526      612      2,056
                               -----     -----    -----    -----      -----

New Basis                        426       492      526      612      2,056
                               =====     =====    =====    =====      =====


Revenue


Old Basis                     2,024      2,249    2,315    2,786      9,374

EITF                           (246)      (282)    (301)    (329)    (1,158)
                              -----      -----    -----    -----      -----

New Basis                     1,778      1,967    2,014    2,457      8,216
                              =====      =====    =====    =====      =====




FLI
2001 Restatement (Comparable Basis)

($MM)


                                 Q1         Q2       Q3       Q4         FY
                              -----      -----    -----    -----      -----
NOPBT

Old Basis                       141        143      144      199        627

FAS 142                           6          3        4        5         18
SVE                               4          5        1        4         14
Other                           -           (1)      (1)     -           (2)
                              -----      -----    -----    -----      -----

New Basis                       151        150      148      208        657
                              =====      =====    =====    =====      =====





Revenue

Old Basis                     1,069      1,225    1,190    1,646      5,130

EITF                            (42)       (63)     (53)     (73)      (231)
SVE                             162        173      170      201        706
Other                           (14)       (19)     (17)     (19)       (69)
                              -----      -----    -----    -----      -----

New Basis                     1,175      1,316    1,290    1,755      5,536
                              =====      =====    =====    =====      =====




PCNA
2001 Restatement (Comparable Basis)

($MM)

                                 Q1         Q2       Q3       Q4         FY
                              -----      -----    -----    -----      -----
NOPBT

Old Basis                       182        249      238      258        927

FAS 142                         (12)       (12)     (11)     (15)       (50)
Other                             1          1        1        1          4
                              -----      -----    -----    -----      -----

New Basis                       171        238      228      244        881
                              =====      =====    =====    =====      =====

Revenue

Old Basis                       771        962      969    1,140      3,842

EITF                           (127)      (157)    (165)    (204)      (653)
                              -----      -----    -----    -----      -----

New Basis                       644        805      804      936      3,189
                              =====      =====    =====    =====      =====




PBI
2001 Restatement (Comparable Basis)

($MM)

                                 Q1         Q2       Q3       Q4         FY
                              -----      -----    -----    -----      -----
NOPBT

Old Basis                        31         94       93        3        221

FAS 142                          (4)        (5)      (6)      (6)       (21)
Other                             2          4        4        2         12
                              -----      -----    -----    -----      -----

New Basis                        29         93       91       (1)       212
                              =====      =====    =====    =====      =====


Revenue


Old Basis                       380        737      724      741      2,582

EITF                            (96)      (173)    (167)    (203)      (639)
Other                            14         19       17       19         69
                              -----      -----    -----    -----      -----

New Basis                       298        583      574      557      2,012
                              =====      =====    =====    =====      =====




GTNA
2001 Restatement (Comparable Basis)

($MM)

                                Q1         Q2       Q3       Q4         FY
                              -----      -----    -----    -----      -----
NOPBT

Old Basis                        89        172      189       80        530

FAS 142                          16         16       16       21         69
Other                            (3)        (4)      (4)      (3)       (14)
                              -----      -----    -----    -----      -----
New Basis                       102        184      201       98        585
                              =====      =====    =====    =====      =====


Revenue

Old Basis                       716      1,095    1,198    1,007      4,016

EITF                            (40)       (89)    (125)     (63)      (317)
                              -----      -----    -----    -----      -----

New Basis                       676      1,006    1,073      944      3,699
                              =====      =====    =====    =====      =====




QFNA
2001 Restatement (Comparable Basis)

($MM)

                                 Q1         Q2       Q3       Q4         FY
                              -----      -----    -----    -----      -----
NOPBT


Old Basis                        78         87      110      140        415

FAS 142                           2          1        2        2          7
                              -----      -----    -----    -----      -----

New Basis                        80         88      112      142        422
                              =====      =====    =====    =====      =====



Revenue


Old Basis                       370        445      510      666      1,991

EITF                            (79)       (84)    (114)    (148)      (425)
                              -----      -----    -----    -----      -----

New Basis                       291        361      396      518      1,566
                              =====      =====    =====    =====      =====




Bottling Equity Income
2001 Restatement (Comparable Basis)

($MM)

                                 Q1         Q2       Q3       Q4           FY
                              -----      -----    -----    -----        -----

Old Basis                         5         63       85        7          160

FAS 142                          16         15       15       19           65
                              -----      -----    -----    -----        -----
New Basis                        21         78      100       26          225
                              =====      =====    =====    =====       ======




2001 Revenue Restatement (Comparable Basis)

($MM)

                FLNA       FLI      PCNA       PBI     GTNA      QFNA   Total
              ------    ------    ------    ------   ------    ------   -----

Old Basis      9,374     5,130     3,842     2,582    4,016     1,991  26,935

EITF          (1,158)     (231)     (653)     (639)    (317)     (425) (3,423)
SVE              -         706       -         -        -         -       706
Other            -         (69)      -          69      -         -       -
              ------    ------    ------    ------   ------    ------   -----

New Basis      8,216     5,536     3,189     2,012    3,699     1,566  24,218
              ======    ======   =======    ======   ======    ======  ======




2001 Segment Operating Profit Restatement (Comparable Basis)

($MM)

                FLNA      FLI       PCNA       PBI     GTNA      QFNA     Total
              ------   ------     ------    ------   ------    ------    ------

Old Basis      2,056      627        927       221      530       415     4,776

FAS 142          -         18        (50)      (21)      69         7        23
SVE              -         14        -         -        -         -          14
Other            -         (2)         4        12      (14)      -         -
              ------  -------     ------    ------  -------    ------    ------

New Basis      2,056      657      881       212        585       422     4,813
              ======  =======  =======   =======     ======    ======    ======




2001 Tax Rate

($MM)

                                    Old Basis                    New Basis
                                    ---------                    ---------

Pretax Income                         4,414                        4,513


Tax Provision                         1,412                        1,408


Tax Rate                               32.0%                        31.2%
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