Supplemental Consolidating Financial Information

In connection with the 7.875% Notes, certain of our domestic subsidiaries (the "Guarantor Subsidiaries"), fully, unconditionally, jointly, and severally guaranteed the payment obligations under the notes. The Guarantor Subsidiaries are 100% owned direct and indirect subsidiaries of Chiquita Brands L.L.C. ("CBLLC" or the "Co-Issuer"), who is 100% owned by CBII ("CBII" or the "Parent Company"). The following supplemental financial information sets forth, on a consolidating basis, the balance sheets, statements of operations, statements of comprehensive income and statements of cash flows for CBII, for CBLLC, for the Guarantor Subsidiaries and for our other subsidiaries (the "Non-Guarantor Subsidiaries").

The supplemental condensed consolidating financial information has been prepared pursuant to the rules and regulations for condensed financial information and does not include disclosures included in annual financial statements. Investments in consolidated subsidiaries have been presented under the equity method of accounting. The principal eliminating entries eliminate investments in subsidiaries, intercompany balances and intercompany revenues and expenses. The condensed financial information may not necessarily be indicative of the results of operations or financial position had the guarantor or non-guarantor subsidiaries operated as independent entities.



Chiquita Brands International, Inc.
Condensed Consolidating Statement of Operations (Unaudited)
Quarter Ended June 30, 2015
(in thousands)
	CBII			CBLLC			Guarantor			Non-Guarantor			Consolidating			Company
	(Co-issuer)			(Co-issuer)			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	209,558		$	311,234		$	508,988		$	(253,133	)	$	776,647
Cost of sales	—			223,889			264,030			403,342			(253,021		)	638,240
Selling, general and administrative	1,550			7,323			12,731			20,128			(251		)	41,481
Transaction costs	1,459			3,913			5,833			456			—			11,661
Depreciation	—			2,712			5,578			4,661			—			12,951
Amortization	—			—			2,336			6			—			2,342
Equity in losses (earnings) of investees and subsidiaries	(45,780		)	(100,420		)	105			(176		)	146,095			(176		)
Operating income (loss)	42,771			72,141			20,621			80,571			(145,956		)	70,148
Interest income	—			—			—			638			—			638
Interest expense	(2,319		)	(6,284		)	(673		)	(105		)	—			(9,381		)
Other income (expense), net	—			—			—			(953		)	—			(953		)
Intercompany interest and other	20,000			(20,077		)	204			12			(139		)	—
Income (loss) before income taxes	60,452			45,780			20,152			80,163			(146,095		)	60,452
Income tax benefit (expense)	(864		)	(3,387		)	(7,645		)	(2,229		)	13,261			(864		)
Net income (loss)	$	59,588		$	42,393		$	12,507		$	77,934		$	(132,834	)	$	59,588



Chiquita Brands International, Inc.
Condensed Consolidating Statement of Comprehensive Income (Unaudited)
Quarter Ended June 30, 2015
(in thousands)
	CBII			CBLLC			Guarantor		Non-Guarantor			Consolidating			Company
	(Co-issuer)			(Co-issuer)			Subsidiaries		Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	59,588		$	42,393		$	12,507	$	77,934		$	(132,834	)	$	59,588
Other comprehensive income (loss), net of tax where applicable:
Unrealized foreign currency translation gains	—			—			—		—			—			—
Realized (gains) losses for foreign currency translation on business disposal reclassified into Other income (expense), net	—			—			—		(43		)	—			(43		)
Net other comprehensive income (loss) related to foreign currency translation	—			—			—		(43		)	—			(43		)

Unrealized gains (losses) on derivatives for the period	—			—			—		(2,270		)	—			(2,270		)
Derivative gains reclassified into Net sales	—			—			—		(13,829		)	—			(13,829		)
Derivative losses reclassified into Cost of sales	—			—			—		3,465			—			3,465
Net other comprehensive income related to derivatives	—			—			—		(12,634		)	—			(12,634		)

Actuarial gains (losses) for the period, net of tax	—			1,112			—		(17		)	—			1,095
Amortization included in pension cost	—			135			—		180			—			315
Net other comprehensive income (loss) related to defined benefit pension and severance plans	—			1,247			—		163			—			1,410

Other comprehensive income (loss) of investments in subsidiaries	(11,267		)	(12,514		)	—		—			23,781			—

Comprehensive income (loss)	$	48,321		$	31,126		$	12,507	$	65,420		$	(109,053	)	$	48,321



Chiquita Brands International, Inc.
Condensed Consolidating Statement of (Operations) (Unaudited)
Quarter Ended June 30, 2014
(in thousands)
	CBII			CBLLC			Guarantor			Non-Guarantor			Consolidating			Company
	(Co-issuer)			(Co-issuer)			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	225,172		$	318,525		$	538,098		$	(255,948	)	$	825,847
Cost of sales	—			217,303			276,824			478,105			(255,925		)	716,307
Selling, general and administrative	7,580			4,724			21,644			21,007			—			54,955
Transaction Costs	2,753			—			—			—			—			2,753
Depreciation	—			1,094			6,819			5,176			—			13,089
Amortization	—			—			2,336			6			—			2,342
Equity in losses of investees	(37,463		)	(44,600		)	778			(332		)	81,285			(332		)
Operating income (loss)	27,130			46,651			10,124			34,136			(81,308		)	36,733
Interest income	—			—			1			640			—			641
Interest expense	(5,295		)	(9,175		)	(683		)	(146		)	—			(15,299		)
Other income (expense), net	(2		)	(13		)	84			(334		)	23			(242		)
Income (loss) before income taxes	21,833			37,463			9,526			34,296			(81,285		)	21,833
Income tax expense	(3,997		)	(6,069		)	(3,728		)	(2,491		)	12,288			(3,997		)
Net income (loss)	$	17,836		$	31,394		$	5,798		$	31,805		$	(68,997	)	$	17,836



Chiquita Brands International, Inc.
Condensed Consolidating Statement of Comprehensive Income (Unaudited)
Quarter Ended June 30, 2014
(in thousands)
	CBII		CBLLC			Guarantor		Non-Guarantor			Consolidating			Company
	(Co-issuer)		(Co-issuer)			Subsidiaries		Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	17,836	$	31,394		$	5,798	$	31,805		$	(68,997	)	$	17,836
Unrealized foreign currency translation gains	—		—			—		(1		)	—			(1		)
Realized losses for foreign currency translation on business disposal reclassified into Other income (expense), net	—		—			—		—			—			—
Net other comprehensive income related to foreign currency translation	—		—			—		(1		)	—			(1		)

Unrealized losses on derivatives for the period	—		—			—		4,441			—			4,441
Derivative losses reclassified into Net sales	—		—			—		1,020			—			1,020
Derivative gains reclassified into Cost of sales	—		—			—		(61		)	—			(61		)
Net other comprehensive loss related to derivatives	—		—			—		5,400			—			5,400

Actuarial losses for the period, net of tax	—		(564		)	—		1			—			(563		)
Amortization included in pension cost	—		102			—		194			—			296
Net other comprehensive income (loss) related to defined benefit pension and severance plans	—		(462		)	—		195			—			(267		)

Other comprehensive income (loss) of investments in subsidiaries	5,132		5,594			—		—			(10,726		)	—

Comprehensive income (loss)	$	22,968	$	36,526		$	5,798	$	37,399		$	(79,723	)	$	22,968



Chiquita Brands International, Inc.
Condensed Consolidating Statement of (Operations) (Unaudited)
Six Months Ended June 30, 2015
(in thousands)
	CBII			CBLLC			Guarantor			Non-Guarantor			Consolidating			Company
	(Co-issuer)			(Co-issuer)			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	409,911		$	606,250		$	981,765		$	(495,948	)	$	1,501,978
Cost of sales	—			435,837			518,069			802,568			(495,623		)	1,260,851
Selling, general and administrative	4,557			12,626			29,967			43,834			(102		)	90,882
Transaction Costs	39,503			8,009			10,453			1,675			—			59,640
Depreciation	—			8,036			11,257			9,593			—			28,886
Amortization	—			—			4,671			13			—			4,684
Equity in losses of investees	(49,268		)	(154,388		)	104			(183		)	203,552			(183		)
Operating income (loss)	5,208			99,791			31,729			124,265			(203,775		)	57,218
Interest income	—			—			—			1,302			—			1,302
Interest expense	(6,301		)	(10,689		)	(1,349		)	(227		)	—			(18,566		)
Loss on debt extinguishment	(17,112		)	(19,100		)	—			—			—			(36,212		)
Other income (expense), net	—			—			—			(1,555		)	—			(1,555		)
Intercompany interest and other	20,392			(20,734		)	(61		)	180			223			—
Income (loss) before income taxes	2,187			49,268			30,319			123,965			(203,552		)	2,187
Income tax expense	(7,225		)	(3,454		)	(12,069		)	(2,941		)	18,464			(7,225		)
Net income (loss)	$	(5,038	)	$	45,814		$	18,250		$	121,024		$	(185,088	)	$	(5,038	)



Chiquita Brands International, Inc.
Condensed Consolidating Statement of Comprehensive Income (Unaudited)
Six Months Ended June 30, 2015
(in thousands)
	CBII			CBLLC		Guarantor		Non-Guarantor			Consolidating			Company
	(Co-issuer)			(Co-issuer)		Subsidiaries		Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	(5,038	)	$	45,814	$	18,250	$	121,024		$	(185,088	)	$	(5,038	)
Other comprehensive income (loss), net of tax where applicable:
Unrealized foreign currency translation gains	—			—		—		2			—			2
Realized losses for foreign currency translation on business disposal reclassified into Other income (expense), net	—			—		—		559			—			559
Net other comprehensive income related to foreign currency translation	—			—		—		561			—			561

Unrealized gains (losses) on derivatives for the period	—			—		—		16,004			—			16,004
Derivative gains reclassified into Net sales	—			—		—		(30,807		)	—			(30,807		)
Derivative losses reclassified into Cost of sales	—			—		—		12,240			—			12,240
Net other comprehensive income related to derivatives	—			—		—		(2,563		)	—			(2,563		)

Actuarial gains for the period, net of tax	—			1,112		—		2,155			—			3,267
Amortization included in pension cost	—			238		—		361			—			599
Net other comprehensive income related to defined benefit pension and severance plans	—			1,350		—		2,516			—			3,866

Other comprehensive income (loss) of investments in subsidiaries	1,864			514		—		—			(2,378		)	—

Comprehensive income (loss)	$	(3,174	)	$	47,678	$	18,250	$	121,538		$	(187,466	)	$	(3,174	)



Chiquita Brands International, Inc.
Condensed Consolidating Statement of (Operations) (Unaudited)
Six Months Ended June 30, 2014
(in thousands)
	CBII			CBLLC			Guarantor			Non-Guarantor			Consolidating			Company
	(Co-issuer)			(Co-issuer)			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	434,216		$	611,798		$	1,040,357		$	(498,534	)	$	1,587,837
Cost of sales	—			419,303			539,696			940,684			(498,124		)	1,401,559
Selling, general and administrative	15,488			8,511			43,816			41,531			—			109,346
Transaction Costs	8,672			—			—			—			—			8,672
Depreciation	—			2,370			13,018			11,200			—			26,588
Amortization	—			—			4,671			12			—			4,683
Equity in losses in investees	(37,368		)	(52,165		)	4,251			(332		)	85,282			(332		)
Operating income (loss)	13,208			56,197			6,346			47,262			(85,692		)	37,321
Interest income	—			2			34			1,269			—			1,305
Interest expense	(10,587		)	(18,406		)	(1,567		)	(207		)	—			(30,767		)
Loss on debt extinguishment	—			(521		)	—			—			—			(521		)
Other income (expense), net	581			96			(367		)	(4,856		)	410			(4,136		)
Income (loss) before income taxes	3,202			37,368			4,446			43,468			(85,282		)	3,202
Income tax expense	(9,969		)	(6,412		)	(1,760		)	(3,405		)	11,577			(9,969		)
Net income (loss)	$	(6,767	)	$	30,956		$	2,686		$	40,063		$	(73,705	)	$	(6,767	)



Chiquita Brands International, Inc.
Condensed Consolidating Statement of Comprehensive Income (Unaudited)
Six Months Ended June 30, 2014
(in thousands)
	CBII			CBLLC			Guarantor		Non-Guarantor			Consolidating			Company
	(Co-issuer)			(Co-issuer)			Subsidiaries		Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	(6,767	)	$	30,956		$	2,686	$	40,063		$	(73,705	)	$	(6,767	)
Other comprehensive income (loss), net of tax where applicable:
Unrealized foreign currency translation gains	—			—			—		15			—			15
Realized losses for foreign currency translation on business disposal reclassified into Other income (expense), net	—			—			—		252			—			252
Net other comprehensive income related to foreign currency translation	—			—			—		267			—			267

Unrealized gains (losses) on derivatives for the period	—			—			—		3,395			—			3,395
Derivative gains reclassified into Net sales	—			—			—		2,047			—			2,047
Derivative losses reclassified into Cost of sales	—			—			—		(236		)	—			(236		)
Net other comprehensive income related to derivatives	—			—			—		5,206			—			5,206

Actuarial gains for the period, net of tax	—			(565		)	—		(340		)	—			(905		)
Amortization included in pension cost	—			206			—		390			—			596
Net other comprehensive income related to defined benefit pension and severance plans	—			(359		)	—		50			—			(309		)

Other comprehensive income (loss) of investments in subsidiaries	5,164			5,523			—		—			(10,687		)	—

Comprehensive income (loss)	$	(1,603	)	$	36,120		$	2,686	$	45,586		$	(84,392	)	$	(1,603	)



Chiquita Brands International, Inc.
Condensed Consolidating Balance Sheet (Unaudited)
June 30, 2015
(in thousands)
	CBII		CBLLC		Guarantor		Non-Guarantor		Consolidating			Company
	(Co-Issuer)		(Co-issuer)		Subsidiaries		Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and equivalents	$	1,746	$	28,933	$	48,358	$	66,258	$	—		$	145,295
Trade receivables, less allowances	—		58,294		62,154		125,876		—			246,324
Other receivables, net	—		7,242		4,790		48,503		—			60,535
Inventories	—		10,621		36,889		158,122		—			205,632
Prepaid expenses	477		2,104		5,886		31,298		—			39,765
Other current assets	96		6,224		11,369		413		(6,282		)	11,820
Total current assets	2,319		113,418		169,446		430,470		(6,282		)	709,371
Property, plant and equipment, net	—		8,501		184,246		184,823		—			377,570
Investments and other assets, net	9,954		8,655		3,606		74,842		—			97,057
Trademarks	—		208,085		38,500		179,500		—			426,085
Goodwill	—		—		18,095		—		—			18,095
Other intangible assets, net	—		—		72,840		21		—			72,861
Investments in and accounts with subsidiaries	1,478,712		1,307,670		3,443		—		(2,789,825		)	—
Due from affiliates	84,871		2,201,452		1,658,730		774,288		(4,719,341		)	—
Total assets	$	1,575,856	$	3,847,781	$	2,148,906	$	1,643,944	$	(7,515,448	)	$	1,701,039

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Current portion of long-term debt and capital lease obligations	$	—	$	—	$	1,622	$	1,641	$	—		$	3,263
Accounts payable	3,929		8,199		112,203		147,556		—			271,887
Accrued liabilities	24,860		16,201		57,383		57,130		—			155,574
Total current liabilities	28,789		24,400		171,208		206,327		—			430,724
Long-term debt and capital lease obligations, net of current portion	45,002		190,276		39,130		3,549		—			277,957
Accrued pension and other employee benefits	9,793		4,569		—		62,763		—			77,125
Deferred tax liabilities	—		79,867		26,613		—		(6,282		)	100,198
Other liabilities	—		7,636		22,686		41,920		—			72,242
Long-term related parties debt	238,479		—		—		—		—			238,479
Due to affiliates	749,479		2,062,321		1,469,996		437,545		(4,719,341		)	—
Total liabilities	1,071,542		2,369,069		1,729,633		752,104		(4,725,623		)	1,196,725
Commitments and contingencies
Total shareholders' equity	504,314		1,478,712		419,273		891,840		(2,789,825		)	504,314
Total liabilities and shareholders' equity	$	1,575,856	$	3,847,781	$	2,148,906	$	1,643,944	$	(7,515,448	)	$	1,701,039



Chiquita Brands International, Inc.
Condensed Consolidating Balance Sheet
December 31, 2014
(in thousands)
	CBII		CBLLC		Guarantor		Non-Guarantor		Consolidating			Company
	(Co-Issuer)		(Co-issuer)		Subsidiaries		Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and equivalents	$	—	$	13,707	$	—	$	34,453	$	—		$	48,160
Trade receivables, less allowances	—		49,844		47,579		119,997		—			217,420
Other receivables, net	—		4,383		3,302		59,335		(210		)	66,810
Inventories	—		9,657		34,331		153,319		—			197,307
Prepaid expenses	209		5,555		8,193		24,861		—			38,818
Other current assets	—		10,070		11,506		503		(7,530		)	14,549
Total current assets	209		93,216		104,911		392,468		(7,740		)	583,064
Property, plant and equipment, net	—		15,680		194,362		186,987		—			397,029
Investments and other assets, net	22,032		11,209		4,372		79,150		(6,543		)	110,220
Trademarks	—		208,085		38,500		179,500		—			426,085
Goodwill	—		—		18,095		—		—			18,095
Other intangible assets, net	—		—		77,511		34		—			77,545
Investments in and accounts with subsidiaries	1,431,037		1,165,799		1,572		—		(2,598,408		)	—
Due from affiliates	84,298		2,377,190		1,537,915		626,343		(4,625,746		)	—
Total assets	$	1,537,576	$	3,871,179	$	1,977,238	$	1,464,482	$	(7,238,437	)	$	1,612,038

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Current portion of long-term debt and capital lease obligations	$	—	$	1,500	$	1,674	$	1,529	$	—		$	4,703
Accounts payable	6,795		7,672		86,010		122,809		—			223,286
Accrued liabilities	31,752		24,308		54,199		48,436		(7,740		)	150,955
Total current liabilities	38,547		33,480		141,883		172,774		(7,740		)	378,944
Long-term debt and capital lease obligations, net of current portion	176,431		415,858		39,945		5,284		—			637,518
Accrued pension and other employee benefits	14,637		6,549		—		68,195		—			89,381
Deferred tax liabilities	—		83,188		27,720		—		(6,543		)	104,365
Due to affiliates	981,225		1,893,148		1,346,665		404,708		(4,625,746		)	—
Other liabilities	3,402		7,919		21,979		45,196		—			78,496
Total liabilities	1,214,242		2,440,142		1,578,192		696,157		(4,640,029		)	1,288,704
Commitments and contingencies
Total shareholders' equity	323,334		1,431,037		399,046		768,325		(2,598,408		)	323,334
Total liabilities and shareholders' equity	$	1,537,576	$	3,871,179	$	1,977,238	$	1,464,482	$	(7,238,437	)	$	1,612,038



Chiquita Brands International, Inc.
Condensed Consolidating Balance Sheet (Unaudited)
June 30, 2014
(in thousands)
	CBII		CBLLC		Guarantor		Non-Guarantor		Consolidating			Company
	(Co-Issuer)		(Co-issuer)		Subsidiaries		Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and equivalents	$	—	$	22,189	$	—	$	32,324	$	—		$	54,513
Trade receivables, less allowances	—		56,360		60,229		155,306		—			271,895
Other receivables, net	—		999		4,452		55,961		(837		)	60,575
Inventories	—		10,831		34,668		165,812		—			211,311
Prepaid expenses	954		1,631		9,137		27,417		—			39,139
Due from affiliates	57,210		2,168,269		1,394,702		558,114		(4,178,295		)	—
Other current assets	—		3,587		12,823		—		(9,014		)	7,396
Total current assets	58,164		2,263,866		1,516,011		994,934		(4,188,146		)	644,829
Property, plant and equipment, net	—		17,733		197,730		184,399		—			399,862
Investments and other assets, net	21,309		12,555		4,466		77,814		(6,397		)	109,747
Trademarks	—		208,085		38,500		179,500		—			426,085
Goodwill	—		—		18,095		—		—			18,095
Other intangible assets, net	—		—		82,182		47		—			82,229
Investments in and accounts with subsidiaries	1,439,143		1,129,504		1,535		—		(2,570,182		)	—
Total assets	$	1,518,616	$	3,631,743	$	1,858,519	$	1,436,694	$	(6,764,725	)	$	1,680,847

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Current portion of long-term debt and capital lease obligations	$	—	$	1,500	$	1,622	$	1,488	$	—		$	4,610
Accounts payable	3,143		4,937		89,973		153,526		—			251,579
Accrued liabilities	33,224		23,735		62,527		59,626		(9,851		)	169,261
Due to affiliates	919,544		1,668,253		1,225,080		365,418		(4,178,295		)	—
Total current liabilities	955,911		1,698,425		1,379,202		580,058		(4,188,146		)	425,450
Long-term debt and capital lease obligations, net of current portion	170,053		416,450		40,812		5,177		—			632,492
Accrued pension and other employee benefits	14,592		2,882		—		62,800		—			80,274
Deferred tax liabilities	235		66,653		46,293		—		(6,397		)	106,784
Other liabilities	1,571		8,190		9,427		40,405		—			59,593
Total liabilities	1,142,362		2,192,600		1,475,734		688,440		(4,194,543		)	1,304,593
Commitments and contingencies
Total shareholders' equity	376,254		1,439,143		382,785		748,254		(2,570,182		)	376,254
Total liabilities and shareholders' equity	$	1,518,616	$	3,631,743	$	1,858,519	$	1,436,694	$	(6,764,725	)	$	1,680,847



Chiquita Brands International, Inc.
Condensed Consolidating Statement of Cash Flows (Unaudited)
Six Months Ended June 30, 2015
(in thousands)
	CBII			CBLLC			Guarantor			Non-Guarantor			Consolidating			Company
	(Co-Issuer)			(Co-Issuer)			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Cash provided (used) by:
Operating cash flow	$	(252,810	)	$	300,870		$	(925	)	$	38,089		$	—		$	85,224

Capital expenditures	—			(1,165		)	(1,418		)	(7,860		)	—			(10,443		)
Investing activity with subsidiaries	—			(52,881		)	—			—			52,881			—
Other, net	—			—			—			(212		)	—			(212		)
Investing cash flow	—			(54,046		)	(1,418		)	(8,072		)	52,881			(10,655		)

Issuances of long-term debt with related party	238,479			—			—			—			—			238,479
Repurchase of Convertible Notes	(146,401		)	—			—			—			—			(146,401		)
Redemption of 7.875% Notes	—			(222,117		)	—			—			—			(222,117		)
Repayments of the 2013 ABL Term Loan	—			(4,875		)	—			—			—			(4,875		)
Borrowings under the 2015 ABL	—			16,000			—			—			—			16,000
Repayments of the 2015 ABL	—			(16,000		)	—			—			—			(16,000		)
Repayments of long-term debt and capital lease obligations	—			—			(2,180		)	(187		)	—			(2,367		)
Payments for debt modification and issuance costs	—			(2,631		)	—			—			—			(2,631		)
Payment of stock-based compensation	(36,588		)	—			—			—			—			(36,588		)
Payment of dividend to related party	(45,374		)	—			—			—			—			(45,374		)
Proceeds from sale of common stock	154,836			—			—			—			—			154,836
Proceeds from capital contributions	89,604			—			—			—			—			89,604
Advance from related party	18,445			—			—			—			—			18,445
Repayment of advance from related party	(18,445		)	—			—			—			—			(18,445		)
Financing activity with subsidiaries	—			(1,975		)	52,881			1,975			(52,881		)	—
Financing cash flow	254,556			(231,598		)	50,701			1,788			(52,881		)	22,566
Increase (decrease) in cash and equivalents	1,746			15,226			48,358			31,805			—			97,135
Cash and equivalents, beginning of period	—			13,707			—			34,453			—			48,160
Cash and equivalents, end of period	$	1,746		$	28,933		$	48,358		$	66,258		$	—		$	145,295



Chiquita Brands International, Inc.
Condensed Consolidating Statement of Cash Flows (Unaudited)
Six months Ended June 30, 2014
(in thousands)
	CBII		CBLLC			Guarantor			Non-Guarantor			Consolidating			Company
	(Co-Issuer)		(Co-Issuer)			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Cash provided (used) by:
Operating cash flow	$	—	$	22,112		$	2,630		$	13,441		$	—		$	38,183

Capital expenditures	—		(1,607		)	(4,910		)	(18,805		)	—			(25,322		)
Investing activity with subsidiaries¹	—		(2,926		)	(570		)	—			3,496			—
Other, net	—		—			44			(1,022		)	—			(978		)
Investing cash flow	—		(4,533		)	(5,436		)	(19,827		)	3,496			(26,300		)

Redemption of 7.875% Notes	—		(10,000		)	—			—			—			(10,000		)
Borrowings under the 2013 ABL Revolver	—		24,000			—			—			—			24,000
Repayments of the 2013 ABL Revolver	—		(24,000		)	—			—			—			(24,000		)
Repayments of the 2013 ABL Term Loan	—		(750		)	—			—			—			(750		)
Repayments of long-term debt and capital lease obligations	—		—			(120		)	(26		)	—			(146		)
Payments for debt modification and issuance costs	—		(191		)	—			—			—			(191		)
Payments of debt extinguishment costs	—		(300		)	—			—			—			(300		)
Financing activity with subsidiaries¹	—		—			2,926			570			(3,496		)	—
Financing cash flow	—		(11,241		)	2,806			544			(3,496		)	(11,387		)
Increase (decrease) in cash and equivalents	—		6,338			—			(5,842		)	—			496
Cash and equivalents, beginning of period	—		15,851			—			38,166			—			54,017
Cash and equivalents, end of period	$	—	$	22,189		$	—		$	32,324		$	—		$	54,513

¹As previously disclosed in our second quarter of 2014 Form 10-Q, $3 million of investing and financing activity between the Guarantor Subsidiaries and the Non-Guarantor Subsidiaries during the first quarter of 2014 has been corrected and is reflected in this condensed consolidating statement of cash flows for the six months ended June 30, 2014.