Fresh Del Monte Produce, Inc. (FDP) financial statements (2021 and earlier)

Company profile

Business Address 241 SEVILLA AVENUE, 12TH FLOOR
CORAL GABLES, FL 33134
State of Incorp.
Fiscal Year End December 31
SIC 01 - Agricultural Production Crops (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments33161622212340
Cash and cash equivalents33161622212340
Receivables439446496519503452493
Inventory, net of allowances, customer advances and progress billings552537531576565546513
Inventory552537531576565546513
Assets held-for-sale, not part of disposal group819264445  
Other undisclosed current assets2030252836937
Total current assets:1,0521,0491,0951,1891,1391,0891,084
Noncurrent Assets
Operating lease, right-of-use asset162168182 
Nontrade receivables    22  
Property, plant and equipment1,4031,4061,4161,4041,3921,4101,415
Long-term investments and receivables22332166
Long-term investments2233666
Due from related parties    15  
Intangible assets, net (including goodwill)582584587589590599590
Goodwill424423424424423421590
Intangible assets, net (excluding goodwill)158161163165167177 
Deferred income tax assets1009594 
Other noncurrent assets494243426063109
Other undisclosed noncurrent assets   285325557
Total noncurrent assets:2,2982,2962,3242,3222,1162,1332,177
TOTAL ASSETS:3,3503,3453,4193,5113,2553,2223,261
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:522482497556577544479
Accounts payable309   355  
Accrued liabilities51   55  
Employee-related liabilities71   72  
Taxes payable81613891313
Other undisclosed accounts payable and accrued liabilities8446648454886531467
Debt006400111
Due to related parties    1  
Other undisclosed current liabilities4056636481313
Total current liabilities:5635391,200621586558493
Noncurrent Liabilities
Long-term debt and lease obligation, including:5875890700662629689
Finance lease, liability000 
Operating lease, liability103101105 
Other undisclosed long-term debt and lease obligation484489(105)700662629689
Liabilities, other than long-term debt299297291151145141143
Deferred income tax liabilities130126127 
Liability, pension and other postretirement and postemployment benefits98939393919697
Other liabilities71787159534646
Other undisclosed noncurrent liabilities103101105236938386
Total noncurrent liabilities:9889863961,088900853917
Total liabilities:1,5511,5251,5961,7091,4861,4111,410
Temporary equity, carrying amount55555453524241
Stockholders' equity
Stockholders' equity attributable to parent1,7191,7411,7431,7251,6921,7431,783
Common stock1111111
Additional paid in capital531530531532527524528
Accumulated other comprehensive loss(65)(69)(59)(47)(42)(29)(32)
Retained earnings1,2531,2801,2711,2391,2061,2471,287
Stockholders' equity attributable to noncontrolling interest25242525262626
Total stockholders' equity:1,7441,7651,7691,7501,7181,7691,810
TOTAL LIABILITIES AND EQUITY:3,3503,3453,4193,5113,2553,2223,261

Income statement (P&L) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues1,0251,0701,2391,1541,0461,0701,272
Cost of revenue
(Cost of Goods and Services Sold)
(989)(996)(1,143)(1,061)(1,004)(1,017)(1,194)
Gross profit:36759693425378
Operating expenses(66)(48)(39)(52)(9)(64)(65)
Other undisclosed operating income (loss)18   (54)  
Operating income (loss):(12)275741(20)(11)14
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(7)(1)(3)11(3)(2)(7)
Interest and debt expense(6)(6)(7)(7)(7)(7)(6)
Income (loss) from continuing operations before equity method investments, income taxes:(24)214746(30)(21)0
Other undisclosed income from continuing operations before income taxes0100000
Income (loss) from continuing operations before income taxes:(24)214846(30)(21)1
Income tax expense(1)(3)(9)(9)(3)(1)(6)
Net income (loss):(25)183937(32)(21)(6)
Net loss attributable to noncontrolling interest(3)   (6)  
Other undisclosed net income (loss) attributable to parent2(0)(1)(1)4(0)(2)
Net income (loss) available to common stockholders, diluted:(26)183836(34)(22)(8)

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net income (loss):(25)183937(32)(21)(6)
Other comprehensive income33      
Other undisclosed comprehensive income (loss)(29)(11)(12)(5)(13)3(4)
Comprehensive income (loss):(21)82732(45)(18)(10)
Comprehensive loss, net of tax, attributable to noncontrolling interest(1)(0)(1)(1)(2)(0)(2)
Comprehensive income (loss), net of tax, attributable to parent:(22)72631(47)(18)(12)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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