| Address:
|
ONE NORTH SECOND ST
P O BOX 160 |
| City: |
HARTSVILLE |
|
State: |
SC |
|
Zip Code: |
29551-0160 |
| Telephone: |
843-383-7000 |
|
Description of Business
|
Primary SIC Code:
2650 |
| (As filed with the SEC)
|
|
|
The Company is a South Carolina corporation founded in Hartsville, South
Carolina, in 1899 as the Southern Novelty Company. The name was subsequently
changed to Sonoco Products Company (the "Company" or "Sonoco"). Sonoco is a
manufacturer of industrial and consumer packaging products and a provider of
packaging services, with 315 locations in 34 countries.
Information about the Company's acquisitions, dispositions, joint ventures and
restructuring activities is provided in Notes 3 and 4 to the Consolidated
Financial Statements included in Item 8 of this Annual Report on Form 10-K.
(B) Financial information about segments -
Information about the Company's reportable segments is provided in Note 16 to
the Consolidated Financial Statements included in Item 8 of this Annual Report
on Form 10-K.
(C) Narrative description of business -
Products and Services - The following discussion outlines the principal products
produced and services provided by the Company. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 2.17 | 0.290 | 13.01 | | 06/2011 | 1.99 | NA | 17.86 | | 03/2011 | 2.04 | 0.280 | 17.76 | | 12/2010 | 1.96 | 0.280 | 17.18 | | 09/2010 | 2.10 | 0.280 | 15.92 | | 06/2010 | 1.99 | NA | 15.32 | | 03/2010 | 1.75 | 0.270 | 17.59 | | 12/2009 | 1.50 | 0.270 | 19.50 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.45 | Total Liab/Total Assets | 0.55 | | Net Inc/Total Assets | 0.06 | Total Liab/Inv Cap | 0.87 | | Net Inc/Inv Cap | 0.10 | Total Liab/Comm Equity | 3.99 | | Pretax Inc/Net Sales | 0.06 | Interest Coverage Ratio | 7.80 | | Net Inc/Net Sales | 0.05 | Curr Debt/Equity | 0.30 | | Cash Flow/Net Sales | 0.09 | LTD/Equity | 0.40 | | SG&A/NetSales | 0.10 | Total Debt/Equity | 0.71 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 7.84 | Quick Ratio | 1.01 | | Inventory Turnover | 10.20 | Current Ratio | 1.48 | | Inventory Day Sales | 0.02 | Net Rec/Curr Assets | 0.49 | | Net Sales/Work Cap | 10.94 | Inv/Curr Assets | 0.32 | | Net Sales/PP&E | 4.37 | | |
Income Statement (Millions) |
| |
10/2/2011
|
7/3/2011
|
4/3/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
1,124.17
|
1,127.87
|
1,117.32
|
1,127.15
|
|
Cost of Goods Sold
|
937.43
|
936.78
|
923.11
|
927.48
|
|
Selling & Admin Exps
|
89.92
|
99.27
|
102.30
|
107.05
|
|
Operating Income
|
84.77
|
82.24
|
89.59
|
87.24
|
|
Interest Exp
|
9.29
|
9.34
|
9.37
|
10.37
|
|
Pretax Income
|
76.43
|
74.07
|
80.86
|
28.96
|
|
Other Income
|
0.95
|
1.16
|
0.64
|
-47.92
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
77.20
|
53.41
|
57.39
|
34.51
|
|
Assets
|
10/2/2011
|
7/3/2011
|
4/3/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
146.29
|
133.98
|
185.18
|
158.25
|
|
Receivables - Total
|
645.89
|
661.91
|
644.44
|
563.06
|
|
Inventories - Total
|
392.86
|
394.19
|
393.69
|
369.43
|
|
Total Current Assets
|
1,245.37
|
1,245.40
|
1,264.56
|
1,157.52
|
|
Net Property, Plant & Equipment
|
923.94
|
953.22
|
953.77
|
944.14
|
|
Total Assets
|
3,350.18
|
3,393.59
|
3,397.24
|
3,281.01
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
329.35
|
297.30
|
315.00
|
326.92
|
|
Debt in Current Liabilities
|
460.69
|
489.29
|
488.57
|
453.73
|
|
Total Current Liabilities
|
790.04
|
786.59
|
803.57
|
780.65
|
|
Long-Term Debt
|
717.23
|
716.81
|
745.19
|
603.94
|
|
Total Liabilities
|
1,816.15
|
1,805.40
|
1,861.58
|
1,789.22
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
13.45
|
14.25
|
16.47
|
15.90
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
7.18
|
7.18
|
7.18
|
7.18
|
|
Retained Earnings
|
1,437.23
|
1,389.32
|
1,365.16
|
1,336.16
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
1,534.02
|
1,588.19
|
1,535.66
|
1,491.79
|
|
Total Liabilities and Stockholders' Equity
|
3,350.18
|
3,393.59
|
3,397.24
|
3,281.01
|
Cash Flow Summary (Millions) |
|
Categories
|
10/2/2011
|
7/3/2011
|
4/3/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
99.83
|
45.92
|
-13.85
|
114.55
|
|
Net Cash Provided by Investing Activities
|
-44.75
|
-44.38
|
-36.49
|
-48.01
|
|
Net Cash Provided by Financing Activities
|
-29.52
|
-55.17
|
71.72
|
-77.43
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 3,656.84 | 195.08 | 1.92 | | 12/2007 | 4,039.99 | 214.16 | 2.10 | | 12/2008 | 4,122.38 | 164.61 | 1.63 | | 12/2009 | 3,597.33 | 151.48 | 1.50 | | 12/2010 | 4,124.12 | 201.05 | 1.96 | | Growth Rates | 3.05 | 0.76 | 0.52 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 289 | 63,464 | 63.48 |
|
Report Date :
2/6/2012
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