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P&G Delivers Second Quarter EPS and Organic Sales in Line with Expectations
Date:1/30/2009

18,895 19,959 TOTAL LIABILITIES 75,851 74,498 TOTAL SHAREHOLDERS' EQUITY 62,412 69,494 TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $138,263 $143,992 Certain amounts for prior periods were reclassified to conform with the fiscal 2009 presentation THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES (Amounts in Millions Except Per Share Amounts) Consolidated Earnings Information OND QUARTER FYTD 12/31/ 12/31/ OND 08 OND 07 % CHG 2008 2007 % CHG NET SALES $20,368 $21,038 (3)% $41,950 $40,837 3 % COST OF PRODUCTS SOLD 9,850 10,028 (2)% 20,470 19,285 6 % GROSS MARGIN 10,518 11,010 (4)% 21,480 21,552 0 % SELLING, GENERAL & ADMINISTRATIVE EXPENSE 6,267 6,420 (2)% 12,660 12,664 0 % OPERATING INCOME 4,251 4,590 (7)% 8,820 8,888 (1)% TOTAL INTEREST EXPENSE 354 389 693 748 OTHER NON-OPERATING INCOME, NET 91 193 427 386 EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 3,988 4,394 (9)% 8,554 8,526 0 % INCOME TAXES 1,026 1,200 2,317 2,328 NET EARNINGS FROM CONTINUING OPERATIONS 2,962 3,194 (7)% 6,237 6,198 1 % NET EARNINGS FROM DISCONTINUED OPERATIONS 2,042 76 2,115 151 NET EARNINGS 5,004 3,270 53 % 8,352 6,349 32 % EFFECTIVE
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SOURCE The Procter & Gamble Company
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