PROCTER & GAMBLE Co | 2013 | FY | 3


Quarters Ended
 
  
Sept 30
 
Dec 31
 
Mar 31
 
Jun 30
 
Total Year
NET SALES
2012-2013
  
$
20,739

 
$
22,175

 
$
20,598

 
$
20,655

 
$
84,167

 
2011-2012
  
21,530

 
21,744

 
20,194

 
20,212

 
83,680

OPERATING INCOME
2012-2013
  
3,951

 
4,492


3,405

 
2,633

(3
)
14,481

 
2011-2012
  
4,250

 
2,680

(3
)
3,299

 
3,063

 
13,292

GROSS MARGIN
2012-2013
  
50.1
%
 
50.9
%
 
49.8
%
 
47.5
%
 
49.6
%
 
2011-2012
  
49.8
%
 
50.1
%
 
49.3
%
 
48.1
%
 
49.3
%
NET EARNINGS:
 
  
 
 
 
 
 
 
 
 
 
Net earnings from continuing operations
2012-2013
  
$
2,853

 
$
4,076

(2
)
$
2,591

 
$
1,882

(3
)
$
11,402

 
2011-2012
  
2,999

 
1,672

(3
)
2,433

 
2,213

 
9,317

Net earnings from discontinued operations
2012-2013
  

 

 

 



 
2011-2012
  
58

 
41

 
34

 
1,454

(4
)
1,587

Net earnings attributable to Procter & Gamble
2012-2013
  
2,814

 
4,057

(2
)
2,566

 
1,875

(3
)
11,312

 
2011-2012
  
3,024

 
1,690

(3
)
2,411

 
3,631

 
10,756

DILUTED NET EARNINGS PER COMMON SHARE: (1)
 
  
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
2012-2013
  
$
0.96

 
$
1.39

 
$
0.88

 
$
0.64

 
$
3.86

 
2011-2012
  
1.01

 
0.56

 
0.81

 
0.74

 
3.12

Earnings from discontinued operations
2012-2013
  

 

 

 

 

 
2011-2012
  
0.02

 
0.01

 
0.01

 
0.50

 
0.54

Net earnings
2012-2013
  
0.96

 
1.39

 
0.88

 
0.64

 
3.86

 
2011-2012
  
1.03

 
0.57

 
0.82

 
1.24

 
3.66

(1) 
Diluted net earnings per share is calculated on earnings attributable to Procter & Gamble.
(2) 
The Company acquired the balance of its Baby Care and Feminine Care joint venture in Iberia in October 2012 resulting in a non-operating gain of $623.
(3) 
During the fourth quarter of fiscal year 2013 and the second quarter of fiscal year 2012, the Company recorded goodwill and indefinite-lived intangible assets impairment charges of $308 million and $1.6 billion, respectively. For additional details, see Note 2.
(4) 
The Company divested its snacks business in May 2012. See Note 13 for details of the transaction.



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