Procter & Gamble Dec 2012 Quarter Non-GAAP Core Pretax Operating Income up 7%

Below here are reconciliations of Procter & Gamble's Pretax Operating Income as Reported and its Non-GAAP Core Pretax Operating Income for the December Quarters of both 2012 and 2011:

	Dec	Dec
	2012	2011	%
	Quarter	Quarter	Increase
	mil $s	mil $s
Pretax Operating Income, as Reported	4,492	2,680	68%
Various Non-Core Adjustments	155	1,648
Non-GAAP Core Pretax Operating Income	4,647	4,328	7%

This Non-GAAP Core Pretax Operating Income increase of 7% in the December 2012 quarter is a slight acceleration of the 5% growth experienced in the September 2012 quarter, and much improved from such growth of the past several fiscal years.

Given that there are now so many Non-Core Adjustments, I think it would be very helpful to investors if Procter & Gamble disclosed the individual elements of its Core Income Statements.