Fresh Del Monte Produce, Inc. (FDP) financial statements (2020 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)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments16212520253443
Cash and cash equivalents16212520253443
Receivables446503432434438442339
Inventory, net of allowances, customer advances and progress billings537565542493482516533
Inventory537565542493482516533
Assets held-for-sale, not part of disposal group1945   
Other undisclosed current assets30321144148101
Total current assets:1,0491,1391,0209619861,0411,016
Noncurrent Assets
Operating lease, right-of-use asset168
Nontrade receivables 22   11
Property, plant and equipment1,4061,3921,3281,2721,2151,1701,101
Long-term investments and receivables2212222722
Long-term investments2622222
Due from related parties 15   2520
Intangible assets, net (including goodwill)584590262261264379336
Goodwill423423262261264331331
Intangible assets, net (excluding goodwill)161167   495
Deferred income tax assets95
Other noncurrent assets42609691878687
Other undisclosed noncurrent assets 32596643(38)28
Total noncurrent assets:2,2962,1161,7471,6921,6101,6341,574
TOTAL ASSETS:3,3453,2552,7672,6532,5962,6752,589
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:482577382361359382356
Accounts payable 355205183198198 
Accrued liabilities 551917151414
Employee-related liabilities 726167596451
Taxes payable169118678
Other undisclosed accounts payable and accrued liabilities4668686858199283
Debt0111223
Due to related parties 11    
Deferred tax liabilities   151816
Other undisclosed current liabilities568108678
Total current liabilities:539586394369382409383
Noncurrent Liabilities
Long-term debt and lease obligation, including:589662357232253265249
Finance lease, liability0
Operating lease, liability101
Other undisclosed long-term debt and lease obligation489662357232253265249
Liabilities, other than long-term debt297145139236211213126
Deferred tax liabilities, net  92747479
Deferred income tax liabilities126
Liability, pension and other postretirement and postemployment benefits939196948790
Other liabilities78534251505047
Other undisclosed noncurrent liabilities1019386   80
Total noncurrent liabilities:986900582468463478455
Total liabilities:1,5251,486976837845887838
Temporary equity, carrying amount5552     
Stockholders' equity
Stockholders' equity attributable to parent1,7411,6921,7671,7921,7081,7481,713
Common stock1111111
Additional paid in capital530527523550568546530
Accumulated other comprehensive income (loss)(69)(42)(31)(44)(23)3(3)
Retained earnings1,2801,2061,2751,2861,1621,1981,186
Stockholders' equity attributable to noncontrolling interest24262425434038
Total stockholders' equity:1,7651,7181,7911,8161,7511,7881,751
TOTAL LIABILITIES AND EQUITY:3,3453,2552,7672,6532,5962,6752,589

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues4,5104,4944,0864,0124,0573,9283,684
Revenue, net4,0864,0124,0573,9283,684
Cost of revenue(4,203)(4,214)(3,754)(3,550)(3,714)(3,563)(3,393)
Cost of goods and services sold(4,203)(4,214)(3,754)(3,550)(3,714)(3,563)(3,393)
Other undisclosed gross profit     (0) 
Gross profit:307280332461342365290
Operating expenses(148)(188)(176)(187)(182)(264)(288)
Other undisclosed operating income (loss)(54)(54)(3)(30)(70)73(31)
Operating income (loss):1053915324491174(28)
Nonoperating income (expense)5(16)(3)(3)(7)(23)16
Foreign currency transaction gain (loss), before tax     (11)3
Other nonoperating income (expense)5(16)(3)(3)(7)(12)14
Interest and debt expense(27)(24)(6)(4)(4)(3)(3)
Income (loss) from continuing operations before equity method investments, income taxes:84(1)14323780148(15)
Income from equity method investments      0
Other undisclosed income (loss) from continuing operations before income taxes1111111(2)
Income (loss) from continuing operations before income taxes:85014423780159(17)
Income tax expense(23)(16)(25)(12)(14)(14)(17)
Net income (loss):62(16)11922666145(34)
Net income (loss) attributable to noncontrolling interest(6)(6)2(1)(4)(2)(1)
Other undisclosed net income attributable to parent2      
Net income (loss) available to common stockholders, diluted:58(22)12122562142(34)

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):62(16)11922666145(34)
Other comprehensive income (loss) 455(26)622
Other undisclosed comprehensive income (loss)(41)(15)8(26)(1)(0)(2)
Comprehensive income (loss):22(27)13320540150(14)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(4)(6)2(1)(3)(2)(1)
Other undisclosed comprehensive income, net of tax, attributable to parent      2
Comprehensive income (loss), net of tax, attributable to parent:18(33)13420437148(13)

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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