Coca Cola 2007 Annual Report Download - page 136

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ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE
Not applicable.
ITEM 9A. CONTROLS AND PROCEDURES
The Company, under the supervision and with the participation of its management, including the Chief Executive
Officer and the Chief Financial Officer, evaluated the effectiveness of the design and operation of the Company’s
“disclosure controls and procedures” (as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934, as
amended (the “Exchange Act”)) as of the end of the period covered by this report. Based on that evaluation, the Chief
Executive Officer and the Chief Financial Officer concluded that the Company’s disclosure controls and procedures
were effective as of December 31, 2007.
The report called for by Item 308(a) of Regulation S-K is incorporated by reference to Report of Management on
Internal Control Over Financial Reporting, included in Part II, “Item 8. Financial Statements and Supplementary Data”
of this report. During 2007, the Company acquired the 65 percent interest in Coca-Cola Bottlers Philippines, Inc. which
it did not already own and 18 bottling and distribution operations in Germany. Refer to Note 20 of Notes to
Consolidated Financial Statements for additional information regarding these events. Management has excluded these
businesses from its evaluation of the effectiveness of the Company’s internal control over financial reporting as of
December 31, 2007. The net revenues attributable to these businesses represented approximately 3.5 percent of the
Company’s consolidated net operating revenues for the year ended December 31, 2007, and their aggregate total assets
represented approximately 5.0 percent of the Company’s consolidated total assets as of December 31, 2007.
The report called for by Item 308(b) of Regulation S-K is incorporated by reference to Report of Independent
Registered Public Accounting Firm on Internal Control Over Financial Reporting, included in Part II, “Item 8.
Financial Statements and Supplementary Data” of this report.
There has been no change in the Company’s internal control over financial reporting during the quarter ended
December 31, 2007 that has materially affected, or is reasonably likely to materially affect, the Company’s internal
control over financial reporting.
ITEM 9B. OTHER INFORMATION
Not applicable.
134