Risk Factors Update Summary
- Added risk of nationalization or expropriation of assets, impacting operations and potential deconsolidation.
- Inclusion of geopolitical events, wars, and military conflicts impacting assets and operations.
- Increased commodity, packaging, and transportation costs during 2023, affecting revenue and margins.
- Introduction of graduated tax rates on non-alcoholic beverages in Romania, impacting product pricing.
- Implementation of warning labeling requirements in Colombia, Brazil, and Canada for food products.
- Enactment of comprehensive privacy legislation in various states and regions, affecting data protection.
- Potential impact of global minimum tax rate of 15% on financial performance and income tax provision.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=77476&owner=exclude
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