Coca Cola 2004 Annual Report Download - page 78
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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
The Coca-Cola Company and Subsidiaries
NOTE 2: BOTTLING INVESTMENTS (Continued)
infrastructure programs with CCE were approximately $759 million and $829 million as of December 31, 2004
and 2003, respectively. Effective in 2002 and thereafter, the Company had no further commitments under
these programs.
In March 2004, the Company and CCE launched the Dasani water brand in Great Britain. The product was
voluntarily recalled. During 2004, our Company reimbursed CCE $32 million for product recall costs incurred
by CCE.
In March 2003, our Company acquired a 100 percent ownership interest in Truesdale Packaging Company
LLC (‘‘Truesdale’’) from CCE. Refer to Note 18.
If valued at the December 31, 2004 quoted closing price of CCE shares, the fair value of our investment in
CCE would have exceeded our carrying value by approximately $2.0 billion.
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