cfoster_reveiwof10k_12102023

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Rasmussen College *

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Jan 9, 2024

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1 Reviewing a company’s 10-k Clarissa foster Rasmussen University COURSE#: Business Capstones Professor’s Name Assignment Due Date

2 Proctor & Gamble LLC What were net sales? Were sales up or down compared to the previous year? Why? Compared to last year, the sales revenue increased by 2% to 82.0 billion dollars. Low single-digit growth in the accessories segment was somewhat offset by mid-single-digit growth in baby care, women's and family care, beauty and fabric and home care, all of which contributed to revenue growth. Organic sales increased 7% after adjusting for acquisitions, divestitures and currency effects. Organic sales grew on average in the baby care, women's and family care, beauty and grooming sectors, and the healthcare and fabric and home care sectors. What was net income before taxes and interest? For the full year ended September 30, 2023, Procter & Gamble's pre-tax income was $19.158 billion, up 6.69% from the previous year. Procter & Gamble's pre-tax yearly income for 2023 was $18.353 billion, up 1.99% over the previous year. What was net income after taxes and interest? Its global revenue in 2023 will be approximately US$14.65 billion. Procter & Gamble Gamble is an American grocery company founded in 1837 by William Procter and James Gamble. Its global revenue in 2023 will be approximately US$14.65 billion. Was net income greater or less than the previous year? Why? As the higher effective tax rate outweighed the increase in operating income, net income was down slightly for the year to $14.7 billion, down $55 million. Currency effects reduced net income by approximately $1.4 billion. What was the biggest source of cash flow for the company? The greatest Cash flow source for Procter & Gamble is from operating activities which was $16.8 billion

3 What were total assets? What was the single largest category of assets? Procter & Gamble total assets for 2023 were $120.829B, a 3.09% increase from 2022. The single largest category for assets is fabrics and home care. This category includes a range of goods for home and fabric care, such as air fresheners, dishwashing detergents, and surface cleansers, as well as laundry detergents, enhancers, and additives. What were total liabilities? What was the single largest liability? In 2023, Procter & Gamble's total liabilities increased by 4.85% to $73.764 billion from 2022. Long-term debt is the biggest liability overall. What was included in the equity section of the balance sheet? Shareholders equity. A company’s net worth, or shareholder equity, is the entire sum of money that would be given back to the owners in the event that the business were to be liquidated and all of its debts were settled. Therefore, the sum of a company’s assets less its total liabilities equals shareholder equity. Did the company have any comments on acquisitions, mergers, or new product lines that they plan to introduce? NO

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