The Coca-Cola Company 2003 Summary Annual Report
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Glossary of Terms
Bottling Partner or Bottler
Businesses that buy concentrates, beverage bases or syrups from the Company, convert them into finished packaged products and sell them to customers.
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CAGR
Compound annual growth rate over a defined period of time.
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Carbonated Soft Drink
Nonalcoholic carbonated beverage containing flavorings and sweeteners. Excludes, among others, waters and flavored waters, juices and juice drinks, sports drinks, and teas and coffees.
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The Coca-Cola System
The Company and its bottling partners.
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Company
The Coca-Cola Company together with its subsidiaries.
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Concentrate
Material manufactured from Company-defined ingredients and sold to bottlers to prepare finished beverages through the addition of sweeteners and/or water and marketed under trademarks of the Company.
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Consumer
Person who drinks Company products.
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Customer
Retail outlet, restaurant or other operation that sells or serves Company products directly to consumers.
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Dividend Payout Ratio
Cash dividends on common stock divided by net income.
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Fountain
System used by retail outlets to dispense product into cups or glasses for immediate consumption.
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KO
The ticker symbol for common stock of The Coca-Cola Company.
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Market
When used in reference to geographic areas, territory in which the Company and its bottling partners do business, often defined by national boundaries.
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Net Capital
Share-owners’ equity added to net debt.
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Net Debt
Debt less the sum of cash, cash equivalents and current marketable securities.
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Noncarbonated Beverages
Nonalcoholic noncarbonated beverages including, but not limited to, waters and flavored waters, juices and juice drinks, sports drinks, and teas and coffees.
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Per Capita Consumption
Average number of servings consumed per person, per year in a specific market. Per capita consumption of Company products is calculated by multiplying our unit case volume by 24, and dividing by the population.
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