Avon Products (AVP) 8-K Other Events

Exhibit 99.1

AVON PRODUCTS, INC.

PRO-FORMA FINANCIAL INFORMATION

(Unaudited)

(In millions, except per share data)

	Three Months Ended March 31			Three Months Ended June 30			Three Months Ended September  30			Nine Months Ended September  30
	2010			2010			2010			2010
Net sales	$	2,416.5		$	2,596.9		$	2,580.1		$	7,593.5
Other revenue		29.8			31.6			32.3			93.7
Total revenue		2,446.3			2,628.5			2,612.4			7,687.2
Cost of sales		934.7			962.1			933.0			2,829.8
Selling, general and administrative expenses		1,320.1			1,400.0			1,420.1			4,140.2
Operating profit		191.5			266.4			259.3			717.2
Interest expense		21.8			20.3			21.2			63.3
Interest income		(4.9	)		(3.4	)		(1.7	)		(10.0	)
Other expense, net		48.3			.4			3.7			52.4
Total other expenses		65.2			17.3			23.2			105.7
Income from continuing operations, before tax		126.3			249.1			236.1			611.5
Income taxes		(83.6	)		(84.1	)		(68.9	)		(236.6	)
Income from continuing operations, net of tax		42.7			165.0			167.2			374.9
Discontinued operations, net of tax		.6			4.2			.3			5.1
Net Income		43.3			169.2			167.5			380.0
Net income attributable to noncontrolling interest		(.8	)		(1.6	)		(.8	)		(3.2	)
Net income attributable to Avon	$	42.5		$	167.6		$	166.7		$	376.8
Earnings per share:
Basic *
Basic EPS from continuing operations	$	.10		$	.38		$	.38		$	.86
Basic EPS from discontinued operations	$	—		$	.01		$	—		$	.01
Basic EPS attributable to Avon	$	.10		$	.39		$	.39		$	.87
Diluted *
Diluted EPS from continuing operations	$	.10		$	.38		$	.38		$	.86
Diluted EPS from discontinued operations	$	—		$	.01		$	—		$	.01
Diluted EPS attributable to Avon	$	.10		$	.39		$	.38		$	.87

* Items may not add due to rounding

AVON PRODUCTS, INC.

PRO-FORMA FINANCIAL INFORMATION

(Unaudited)

(In millions, except per share data)

	Three Months Ended March 31			Three Months Ended June 30			Three Months Ended September  30			Three Months Ended December  31			Twelve Months Ended December  31
	2009			2009			2009			2009			2009
Net sales	$	2,110.2		$	2,396.0		$	2,477.5		$	3,101.1		$	10,084.8
Other revenue		27.1			30.5			29.9			32.9			120.4
Total revenue		2,137.3			2,426.5			2,507.4			3,134.0			10,205.2
Cost of sales		795.9			919.5			939.9			1,170.2			3,825.5
Selling, general and administrative expenses		1,174.7			1,329.2			1,313.6			1,556.6			5,374.1
Operating profit		166.7			177.8			253.9			407.2			1,005.6
Interest expense		24.8			27.9			26.1			26.0			104.8
Interest income		(7.3	)		(4.8	)		(3.2	)		(4.9	)		(20.2	)
Other expense (income), net		4.1			(.1	)		4.0			(.7	)		7.3
Total other expenses		21.6			23.0			26.9			20.4			91.9
Income from continuing operations, before tax		145.1			154.8			227.0			386.8			913.7
Income taxes		(28.3	)		(74.6	)		(73.1	)		(118.5	)		(294.5	)
Income from continuing operations, net of tax		116.8			80.2			153.9			268.3			619.2
Discontinued operations, net of tax		.7			4.4			3.7			.2			9.0
Net Income		117.5			84.6			157.6			268.5			628.2
Net income attributable to noncontrolling interest		(.2	)		(1.7	)		(1.4	)		.9			(2.4	)
Net income attributable to Avon	$	117.3		$	82.9		$	156.2		$	269.4		$	625.8
Earnings per share:
Basic *
Basic EPS from continuing operations	$	.27		$	.18		$	.35		$	.62		$	1.43
Basic EPS from discontinued operations	$	—		$	.01		$	.01		$	—		$	.02
Basic EPS attributable to Avon	$	.27		$	.19		$	.36		$	.63		$	1.45
Diluted *
Diluted EPS from continuing operations	$	.27		$	.18		$	.35		$	.62		$	1.43
Diluted EPS from discontinued operations	$	—		$	.01		$	.01		$	—		$	.02
Diluted EPS attributable to Avon	$	.27		$	.19		$	.36		$	.62		$	1.45

* Items may not add due to rounding

AVON PRODUCTS, INC.

PRO-FORMA FINANCIAL INFORMATION

(Unaudited)

(In millions, except per share data)

	Twelve Months Ended December  31
	2008
Net sales	$	10,385.1
Other revenue		122.4
Total revenue		10,507.5
Cost of sales		3,883.9
Selling, general and administrative expenses		5,299.1
Operating profit		1,324.5
Interest expense		100.4
Interest income		(37.1	)
Other expense, net		38.2
Total other expenses		101.5
Income from continuing operations, before tax		1,223.0
Income taxes		(340.5	)
Income from continuing operations, net of tax		882.5
Discontinued operations, net of tax		(6.9	)
Net Income		875.6
Net income attributable to noncontrolling interest		(.3	)
Net income attributable to Avon	$	875.3
Earnings per share:
Basic *
Basic EPS from continuing operations	$	2.04
Basic EPS from discontinued operations	$	(.02	)
Basic EPS attributable to Avon	$	2.04
Diluted *
Diluted EPS from continuing operations	$	2.03
Diluted EPS from discontinued operations	$	(.02	)
Diluted EPS attributable to Avon	$	2.03

* Items may not add due to rounding

AVON PRODUCTS, INC.

SUPPLEMENTAL SCHEDULE

(Unaudited)

Asia Pacific Excluding Japan

(Dollars in Millions)

Three Months Ended March 31,
							%/Point Change
	2010			2009			US$			Constant $
Total Revenue		176.3			150.0			18	%		7	%
Operating Profit		25.1			13.5			86	%		63	%
Operating Margin		14.2	%		9.0	%		5.2			4.8
Japan Costs to Implement 2005 and 2009 Restructuring Programs (“CTI”)		—			—
Three Months Ended June 30,
							%/Point Change
	2010			2009			US$			Constant $
Total Revenue		176.4			157.0			12	%		3	%
Operating Profit		20.4			6.4			219	%		155	%
Operating Margin		11.6	%		4.1	%		7.5			6.8
Japan CTI		.2			—
Three Months Ended September 30,
							%/Point Change
	2010			2009			US$			Constant $
Total Revenue		184.5			171.0			8	%		1	%
Operating Profit		20.6			18.6			11	%		(3	)%
Operating Margin		11.2	%		10.9	%		.3			(.4	)
Japan CTI		.3			.2
Nine Months Ended September 30,
							%/Point Change
	2010			2009			US$			Constant $
Total Revenue		537.2			478.0			12	%		4	%
Operating Profit		66.1			38.5			72	%		49	%
Operating Margin		12.3	%		8.1	%		4.2			3.6
Japan CTI		.5			.2
Twelve Months Ended December 31,
							%/Point Change
	2009			2008			US$			Constant $
Total Revenue		677.3			679.3			—			6	%
Operating Profit		61.6			87.6			(30	)%		(24	)%
Operating Margin		9.1	%		12.9	%		(3.8	)		(3.8	)
Japan CTI		.4			1.3