Coca-Cola Enterprises Inc. Long-Term Financing Policy

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Issue:

Business

 

Written by:

Elaine W

 

Date added:

October 11, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 985

 

Was viewed:

3099 times

 

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Essay content:

However, they were able to achieve a free cash flow from operations less capital spending, of $669 million. These available funds were used primarily to reduce debt, thereby facilitating their goal of strengthening their balance sheet through continued debt reduction (Coca-Cola Enterprises Annual Report 2004, p...
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2). Coca-Cola Enterprises Inc, (CCE), markets, distributes and produces bottled and canned beverage products for The Coca-Cola Company. According to CCE annual report as of 2005 for the 9 months that ended on 10/1/04, "revenues increased 6% to $13.75B and net income to Common decreased 6% to $514M. Revenues reflect improved North American & European pricing growth, innovations in brand extensions and new packaging...
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