Cadbury Schweppes yesterday announced that it was lowering its figure for 2005 net income, citing a change in the accounting of employee share awards under new international financial reporting standards.
Cadbury Schweppes yesterday (24 October) announced that it was lowering its figure for 2005 net income, citing a change in the accounting of employee share awards under new international financial reporting standards.
Cadbury, the manufacturer of Dairy Milk chocolates and Trident gum, said that the net income for last year was GBP585m (US$1.09bn), 6% lower than the GBP622m previously reported.
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