The official SEC filing of the annual report is called a Form 10-K, which often omits the public relations pieces found in most standard annual reports. On the following pages, we present The Procter & Gamble Company (P&G)’s financial statements taken from the company’s 2014 Form 10-K. To access P&G’s Form 10-K, including notes to the financial statements, follow these steps: 1. Go to http://www.pginvestor.com/. 2. Select the Financial Reporting link. 3. Select the 10-K annual report dated June 30, 2014. 4. The Notes to Consolidated Financial Statements begin on page 52.

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