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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
DATE OF REPORT (Date of earliest event reported) January 27, 1994
Commission File No. 1-2217
The Coca-Cola Company
(Exact name of Registrant as specified in its Charter)
Delaware 58-0628465
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
One Coca-Cola Plaza, N.W. 30313
Atlanta, Georgia (Zip Code)
(Address of principal executive offices)
Registrant's telephone number, including area code (404) 676-2121
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Item 5. Other Events
The Coca-Cola Company and subsidiaries (the "Company") has retroactively
adopted Statement of Financial Accounting Standards No. 112, "Employers'
Accounting for Postemployment Benefits" (SFAS 112) as of January 1, 1993.
Results for the first quarter of 1993 have been restated to include the
recognition of a one-time, noncash, after-tax charge of $12 million related to
consolidated operations. This amount is net of income tax benefits of $8
million. The transition effect charge consists primarily of health benefits
for surviving spouses and disabled employees. The incremental impact of SFAS
112 on 1993 consolidated operations is immaterial and will be included in the
results of operations for the fourth quarter of 1993. The adoption impact of
SFAS 112 on the Company's bottling investees accounted for by the equity method
is immaterial and, therefore, has not been included in the transition effect
charge. Net income per share for the first quarter of 1993 has been reduced by
$0.01 for the adoption of SFAS 112.
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Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits
(c) Exhibits:
99.1 Restated condensed consolidated financial statements (unaudited) of
The Coca-Cola Company and subsidiaries for the three months ended
March 31, 1993.*
99.2 Restated condensed consolidated financial statements (unaudited) of
The Coca-Cola Company and subsidiaries for the three and six months
ended June 30, 1993.*
99.3 Restated condensed consolidated financial statements (unaudited) of
The Coca-Cola Company and subsidiaries for the three and nine months
ended September 30, 1993.*
* The notes to the unaudited condensed consolidated financial
statements originally provided in the Company's 1993 quarterly
reports on Form 10-Q that were not affected by the Company's
adoption of the new accounting standard discussed in Item 5, "Other
Events" have not been included herein.
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SIGNATURE
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, thereunto duly authorized.
THE COCA-COLA COMPANY
(REGISTRANT)
Date: January 27, 1994 By: /s/ James E. Chestnut
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James E. Chestnut
Vice President and Controller
(On behalf of the Registrant and
as Chief Accounting Officer)
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Exhibit Index
Exhibit Number and Description Page
99.1 Restated condensed consolidated financial statements
(unaudited) of The Coca-Cola Company and subsidiaries
for the three months ended March 31, 1993.* 6
99.2 Restated condensed consolidated financial statements
(unaudited) of The Coca-Cola Company and subsidiaries
for the three and six months ended June 30, 1993.* 10
99.3 Restated condensed consolidated financial statements
(unaudited) of The Coca-Cola Company and subsidiaries
for the three and nine months ended September 30, 1993.* 14
* The notes to the unaudited condensed consolidated
financial statements originally provided in the Company's
1993 quarterly reports on Form 10-Q that were not affected
by the Company's adoption of the new accounting standard
discussed in Item 5, "Other Events" have not been included herein.
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