Coca Cola 2007 Annual Report Download - page 59

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Total capital expenditures for property, plant and equipment (including our investments in information
technology) and the percentage of such totals by operating segment for 2007, 2006 and 2005 were as follows:
Year Ended December 31, 2007 2006 2005
Capital expenditures (in millions) $ 1,648 $ 1,407 $ 899
Africa 2.4% 2.7% 2.5%
Eurasia 2.3 0.4 0.6
European Union 4.6 6.6 8.6
Latin America 2.8 3.1 2.7
North America 20.9 29.9 29.5
Pacific 11.6 9.5 10.1
Bottling Investments 39.1 29.7 29.4
Corporate 16.3 18.1 16.6
Acquisitions and investments accounted for approximately $5,653 million in 2007, $901 million in 2006 and
$637 million in 2005.
In 2007, our Company acquired glacéau, 18 German bottling and distribution operations, Fuze and Leao Junior.
Our Company also completed the acquisition of the remaining 65 percent of the shares of capital stock of CCBPI not
previously owned by our Company. In addition, the Company acquired a 50 percent interest in Jugos del Valle, a
34 percent interest in Tokyo CCBC and an 11 percent interest in Nordeste Refrigerantes S.A. (“NORSA”). Refer to
Note 20 of Notes to Consolidated Financial Statements. The remaining amount of cash used for acquisitions and
investments was primarily related to the acquisition of various trademarks and brands, none of which was individually
significant.
In 2006, our Company acquired a controlling interest in CCCIL and acquired Apollinaris and TJC. Refer to Note
20 of Notes to Consolidated Financial Statements. The remaining amount of cash used for acquisitions and investments
was primarily related to the acquisition of various trademarks and brands, none of which was individually significant.
In April 2005, our Company and Coca-Cola Hellenic jointly acquired Multon for a total purchase price of
approximately $501 million, split equally between the Company and Coca-Cola Hellenic. During the third quarter of
2005, our Company acquired the German bottling company Bremer for approximately $160 million from InBev SA.
Also in 2005, the Company acquired Sucos Mais, a Brazilian juice company, and completed the acquisition of the
remaining 49 percent interest in the business of CCDA Waters L.L.C. not previously owned by our Company. Refer to
Note 20 of Notes to Consolidated Financial Statements.
Investing activities in 2007 also included proceeds of approximately $238 million received from the sale of our
49 percent equity interest in Vonpar, approximately $143 million received from the sale of a portion of our interest in
Coca-Cola Amatil, and approximately $106 million in proceeds from the sales of real estate in Spain and in the United
States.
Investing activities in 2006 also included proceeds of approximately $198 million received from the sale of shares
in connection with the initial public offering of Coca-Cola Icecek and proceeds of approximately $427 million received
from the sale of a portion of Coca-Cola FEMSA shares to FEMSA. Refer to Note 3 of Notes to Consolidated Financial
Statements.
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