domicile current ($m) ($m) current previous current previous 1 Philip Morris US 89,924 11.9% 88,859 115,910 17% 18% 34% 33% 31 Dec 01 2 Nestle Switzerland 50,621 4.0% 47,540 98,540 11% 11% 13% 21% 31 Dec 01 3 Unilever UK/Netherlands 46,244 8.6% 46,244 99,820 10% 7% 16% 9% 31 Dec 01 4 Procter & Gamble US 39,244 -1.8% 39,244 118,350 12% 15% 20% 24% 30 Jun 01 5 BAT Industries UK 37,282 3.5% 37,282 20,940 9% 7% 20% 15% 31 Dec 01 6 Japan Tobacco Japan 35,635 3.0% 34,439 11,400 3% 4% 6% 7% 31 Mar 01 7 Johnson & Johnson US 33,004 10.6% 6,962 191,060 23% 22% 28% 27% 30 Dec 01 8 Glaxosmithkline UK 29,730 13.3% 4,729 142,330 23% 26% 38% 37% 31 Dec 01 9 ConAgra US 27,194 6.5% 21,894 13,430 6% 4% 13% 13% 27 May 01 10 PepsiCo US 26,935 5.7% 26,935 91,500 16% 15% 36% 36% 29 Dec 01 11 Georgia Pacific US 25,016 13.5% 6,992 6,720 3% 5% 5% 6% 29 Dec 01 12 Coca-Cola Company US 20,092 1.0% 20,092 132,040 27% 24% 33% 32% 31 Dec 01 13 Archer Daniels Midland US 20,051 7.7% 20,051 9,164 4% 3% 7% 5% 30 Jun 01 14 Novartis Switzerland 19,148 -10.5% 3,989 110,860 23% 22% 15% 19% 31 Dec 01 15 Diageo UK 18,134 8.0% 16,661 43,040 16% 17% 15% 16% 30 Jun 01 16 Sara Lee Corporation US 17,747 1.3% 9,980 17,030 9% 10% 31% 26% 30 Jun 01 17 Mars US 15,400 2.7% 15,400 na na na na na na 18 Anheuser-Busch US 14,973 3.0% 12,605 46,080 18% 17% 27% 26% 31 Dec 01 19 Kimberly-Clark US 14,524 3.9% 11,051 33,780 16% 19% 23% 28% 31 Dec 01 20 Montedison (Eridania Beghin-Say) Italy 13,987 10.4% 7,952 4,065 6% 5% 8% 5% 31 Dec 01 21 Groupe Danone France 13,453 7.5% 13,453 17,670 11% 10% 12% 13% 31 Dec 00 22 Suntory Japan 12,230 3.3% na na na na na na 31 Dec 01 23 L'Oreal France 12,171 8.4% 12,171 50,760 12% 12% 16% 16% 31 Dec 01 24 Kirin Breweries Japan 11,909 -1.2% 10,759 6,818 5% 6% 8% 10% 31 Dec 01 25 Farmland Industries US 11,763 -5.0% 8,997 na 0% 1% 0% 3% 31 Aug 01 26 Henkel Germany 11,569 2.2% 4,577 8,767 8% 9% 22% 17% 31 Dec 01 27 Asahi Breweries Japan 10,929 2.4% 10,929 4,566 5% 6% 10% 9% 31 Dec 01 28 LVMH France 10,832 5.6% 3,953 24,226 13% 17% 9% 11% 31 Dec 01 29 Tyson Foods US 10,751 45.1% 10,709 3,401 3% 5% 4% 9% 29 Sep 01 30 RJ Reynolds Tobacco Holdings US 10,114 4.4% 10,114 6,272 9% 9% 9% 8% 31 Dec 01 31 Tchibo Holdings Germany 9,478 3.2% 9,478 na 7% 6% 27% 27% 31 Dec 00 32 HJ Heinz US 9,430 0.2% 9,430 14,830 10% 13% 16% 22% 02 May 01 33 Colgate Palmolive US 9,428 0.7% 9,428 31,520 19% 19% 45% 39% 31 Dec 01 34 Snow Brand Milk Products Japan 9,030 -11.4% 8,326 367 -5% 2% -22% 9% 31 Mar 01 35 Gillette US 8,961 -2.9% 7,928 37,370 17% 16% 23% 23% 31 Dec 01 36 Kellogg US 8,853 27.3% 8,853 14,620 13% 14% 16% 33% 31 Dec 01 37 Gallaher Group UK 8,413 30.2% 8,412 5,252 7% 10% 19% 47% 31 Dec 01 38 Heineken Holding Netherlands 8,117 13.0% 8,117 6,165 13% 12% 26% 26% 31 Dec 01 39 Cadbury Schweppes UK 8,008 20.6% 8,008 14,440 16% 17% 17% 17% 30 Dec 01 40 Nippon Meat Packers Japan 7,323 4.9% 7,209 2,311 4% 3% 9% 6% 31 Mar 01 41 Ajinomoto Japan 7,192 9.5% 4,924 6,023 5% 5% 7% 7% 31 Mar 01 42 General Mills US 7,078 5.6% 7,078 18,240 17% 16% 34% 37% 27 May 01 43 Maruha Corporation Japan 7,054 -5.3% 7,054 273 1% 2% 3% 4% 31 Mar 01 44 Parmalat Finanziaria Italy 7,001 15.7% 6,920 2,783 7% 7% 7% 6% 31 Dec 00 45 Campbell Soup US 6,664 3.1% 6,664 11,450 18% 20% 31% 39% 29 Jul 01 46 Associated British Foods UK 6,522 0.5% 6,522 5,893 6% 5% 9% 7% 15 Sep 01 47 Kao Japan 6,504 -3.0% 5,386 11,700 13% 12% 19% 18% 31 Mar 01 48 Interbrew Belgium 6,469 29.1% 6,469 12,470 13% 10% 11% 7% 31 Dec 01 49 Scottish & Newcastle UK 6,265 21.6% 3,967 5,324 11% 11% 12% 10% 29 Apr 01 50 Dean Foods US 6,230 8.2% 5,837 3,323 6% 7% 7% 12% 31 Dec 01 Footnotes 1. Operating profits have been adjusted where necessary from those quoted in annual reports to include associate earnings and exclude interest and exceptionals 2.Grocery sales figures estimates based on information given in company reports 3. Novartis turnover in the previous financial year includes 10 months of the agribusiness which was then divested 4. Mars and Suntory, as private companies, do not publish annual results. Our figures are made on estimates by Hoovers 5. Interbrew turnover and grocery sales figures exclude excise duty, which was unavailable in the latest set of accounts 6. Market capitalisations were taken from Reuters data on April 8th with any necessary currency conversions using exchange rates on that day {{FEATURES }}