Supplemental Consolidating Financial Information Condensed Balance Sheet (Tables)

6 Months Ended

Jun. 30, 2015

Condensed Balance Sheet [Table Text Block]

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 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, 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