The results for 2012 included $0.3m of after-tax gains ($0.5m on a pre-tax basis) due to mark-to-market adjustments on commodity hedges and $2.7m of incremental income tax charges related to an increase in the company’s reserve for uncertain tax positions and other income tax changes.
The results for 2011 included $4.1m of after-tax losses ($6.8m on a pre-tax basis) due to mark-to-market adjustments on commodity hedges and $0.6m of incremental income tax charges related to an increase in its reserve for uncertain tax positions and other income tax changes.
Source: Coca-Cola Bottling Co Consolidated
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