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 September 30, 2015
(in thousands)
	CBII			CBLLC			Guarantor			Non-Guarantor			Consolidating			Company
	(Co-issuer)			(Co-issuer)			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	184,196		$	299,928		$	420,565		$	(229,989	)	$	674,700
Cost of sales	—			206,249			250,868			354,503			(229,959		)	581,661
Selling, general and administrative	(685		)	1,399			24,085			23,771			(71		)	48,499
Transaction costs	1,360			685			1,947			3,638			—			7,630
Depreciation	—			1,559			5,426			4,324			—			11,309
Amortization	—			—			2,317			21			—			2,338
Equity in losses (earnings) of investees and subsidiaries	(18,210		)	(48,456		)	146			95			66,520			95
Operating income (loss)	17,535			22,760			15,139			34,213			(66,479		)	23,168
Interest income	—			—			—			607			—			607
Interest expense	(2,276		)	(4,550		)	(694		)	(104		)	—			(7,624		)
Other income (expense), net	—			—			—			(895		)	—			(895		)
Intercompany interest and other	(3		)	—			84			(40		)	(41		)	—
Income (loss) before income taxes	15,256			18,210			14,529			33,781			(66,520		)	15,256
Income tax benefit (expense)	(5,087		)	(5,205		)	(5,629		)	(4,553		)	15,387			(5,087		)
Net income (loss)	$	10,169		$	13,005		$	8,900		$	29,228		$	(51,133	)	$	10,169



Chiquita Brands International, Inc.
Condensed Consolidating Statement of Comprehensive Income (Unaudited)
Quarter Ended September 30, 2015
(in thousands)
	CBII			CBLLC			Guarantor		Non-Guarantor			Consolidating			Company
	(Co-issuer)			(Co-issuer)			Subsidiaries		Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	10,169		$	13,005		$	8,900	$	29,228		$	(51,133	)	$	10,169
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	—			—			—		—			—			—
Net other comprehensive income (loss) related to foreign currency translation	—			—			—		—			—			—

Unrealized gains (losses) on derivatives for the period	—			—			—		(620		)	—			(620		)
Derivative gains reclassified into Net sales	—			—			—		(7,876		)	—			(7,876		)
Derivative losses reclassified into Cost of sales	—			—			—		3,760			—			3,760
Net other comprehensive income related to derivatives	—			—			—		(4,736		)	—			(4,736		)

Actuarial gains (losses) for the period, net of tax	—			1			—		(2		)	—			(1		)
Amortization included in pension cost	—			102			—		180			—			282
Net other comprehensive income (loss) related to defined benefit pension and severance plans	—			103			—		178			—			281

Other comprehensive income (loss) of investments in subsidiaries	(4,455		)	(4,558		)	—		—			9,013			—

Comprehensive income (loss)	$	5,714		$	8,550		$	8,900	$	24,670		$	(42,120	)	$	5,714



Chiquita Brands International, Inc.
Condensed Consolidating Statement of (Operations) (Unaudited)
Quarter Ended September 30, 2014
(in thousands)
	CBII			CBLLC			Guarantor			Non-Guarantor			Consolidating				Company
	(Co-issuer)			(Co-issuer)			Subsidiaries			Subsidiaries			Eliminations				Consolidated
Net sales	$	—		$	217,299		$	299,667		$	463,861		$	(242,276	)		$	738,551
Cost of sales	—			205,854			265,903			434,059			(242,280		)		663,536
Selling, general and administrative	9,788			4,193			20,378			19,299			—				53,658
Transaction Costs	8,235			—			—			—			—				8,235
Depreciation	—			1,219			6,212			4,892			—				12,323
Amortization	—			—			2,335			7			—				2,342
Equity in losses of investees	(6,134		)	(9,576		)	289			(105		)	15,421				(105		)
Operating income (loss)	(11,889		)	15,609			4,550			5,709			(15,417		)		(1,438		)
Interest income	—			—			(1		)	601			—			—	600
Interest expense	(5,549		)	(9,162		)	(724		)	(129		)	—			—	(15,564		)
Other income (expense), net	—			(313		)	602			(1,321		)	(4		)		(1,036		)
Income (loss) before income taxes	(17,438		)	6,134			4,427			4,860			(15,421		)		(17,438		)
Income tax expense	(518		)	792			(1,752		)	(634		)	1,594			—	(518		)
Net income (loss)	$	(17,956	)	$	6,926		$	2,675		$	4,226		$	(13,827	)		$	(17,956	)



Chiquita Brands International, Inc.
Condensed Consolidating Statement of Comprehensive Income (Unaudited)
Quarter Ended September 30, 2014
(in thousands)
	CBII			CBLLC		Guarantor		Non-Guarantor			Consolidating			Company
	(Co-issuer)			(Co-issuer)		Subsidiaries		Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	(17,956	)	$	6,926	$	2,675	$	4,226		$	(13,827	)	$	(17,956	)
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	—			—		—		19,072			—			19,072
Derivative losses reclassified into Net sales	—			—		—		(1,543		)	—			(1,543		)
Derivative gains reclassified into Cost of sales	—			—		—		822			—			822
Net other comprehensive loss related to derivatives	—			—		—		18,351			—			18,351

Actuarial losses for the period, net of tax	—			1		—		(1		)	—			—
Amortization included in pension cost	—			102		—		195			—			297
Net other comprehensive income (loss) related to defined benefit pension and severance plans	—			103		—		194			—			297
	—			—		—		18,351			—			18,351
Other comprehensive income (loss) of investments in subsidiaries	18,649			18,546		—		—			(37,195		)	—

Comprehensive income (loss)	$	693		$	25,575	$	2,675	$	22,772		$	(51,022	)	$	693



Chiquita Brands International, Inc.
Condensed Consolidating Statement of (Operations) (Unaudited)
Nine Months Ended September 30, 2015
(in thousands)
	CBII			CBLLC			Guarantor			Non-Guarantor			Consolidating			Company
	(Co-issuer)			(Co-issuer)			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	594,107		$	906,178		$	1,402,330		$	(725,937	)	$	2,176,678
Cost of sales	—			642,086			768,937			1,157,071			(725,582		)	1,842,512
Selling, general and administrative	3,872			14,025			54,052			67,605			(173		)	139,381
Transaction Costs	40,863			8,694			12,400			5,313			—			67,270
Depreciation	—			9,595			16,683			13,917			—			40,195
Amortization	—			—			6,988			34			—			7,022
Equity in losses of investees	(67,478		)	(202,844		)	250			(88		)	270,072			(88		)
Operating income (loss)	22,743			122,551			46,868			158,478			(270,254		)	80,386
Interest income	—			—			—			1,909			—			1,909
Interest expense	(8,577		)	(15,239		)	(2,043		)	(331		)	—			(26,190		)
Loss on debt extinguishment	(17,112		)	(19,100		)	—			—			—			(36,212		)
Other income (expense), net	—			—			—			(2,450		)	—			(2,450		)
Intercompany interest and other	20,389			(20,734		)	23			140			182			—
Income (loss) before income taxes	17,443			67,478			44,848			157,746			(270,072		)	17,443
Income tax expense	(12,312		)	(8,659		)	(17,698		)	(7,494		)	33,851			(12,312		)
Net income (loss)	$	5,131		$	58,819		$	27,150		$	150,252		$	(236,221	)	$	5,131



Chiquita Brands International, Inc.
Condensed Consolidating Statement of Comprehensive Income (Unaudited)
Nine Months Ended September 30, 2015
(in thousands)
	CBII			CBLLC			Guarantor		Non-Guarantor			Consolidating			Company
	(Co-issuer)			(Co-issuer)			Subsidiaries		Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	5,131		$	58,819		$	27,150	$	150,252		$	(236,221	)	$	5,131
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	—			—			—		15,384			—			15,384
Derivative gains reclassified into Net sales	—			—			—		(38,683		)	—			(38,683		)
Derivative losses reclassified into Cost of sales	—			—			—		16,000			—			16,000
Net other comprehensive income related to derivatives	—			—			—		(7,299		)	—			(7,299		)

Actuarial gains for the period, net of tax	—			1,112			—		2,154			—			3,266
Amortization included in pension cost	—			340			—		541			—			881
Net other comprehensive income related to defined benefit pension and severance plans	—			1,452			—		2,695			—			4,147

Other comprehensive income (loss) of investments in subsidiaries	(2,591		)	(4,043		)	—		—			6,634			—

Comprehensive income (loss)	$	2,540		$	56,228		$	27,150	$	146,209		$	(229,587	)	$	2,540



Chiquita Brands International, Inc.
Condensed Consolidating Statement of (Operations) (Unaudited)
Nine Months Ended September 30, 2014
(in thousands)
	CBII			CBLLC			Guarantor			Non-Guarantor			Consolidating			Company
	(Co-issuer)			(Co-issuer)			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	—			651,515			911,465			1,504,218			(740,810		)	2,326,388
Cost of sales	—			625,157			805,599			1,374,743			(740,404		)	2,065,095
Selling, general and administrative	25,276			12,704			64,194			60,830			—			163,004
Transaction Costs	16,907			—			—			—			—			16,907
Depreciation	—			3,589			19,230			16,092			—			38,911
Amortization	—			—			7,006			19			—			7,025
Equity in losses in investees	(43,502		)	(61,741		)	4,540			(437		)	100,703			(437		)
Operating income (loss)	1,319			71,806			10,896			52,971			(101,109		)	35,883
Interest income	—			2			33			1,870			—			1,905
Interest expense	(16,136		)	(27,568		)	(2,291		)	(336		)	—			(46,331		)
Loss on debt extinguishment	—			(521		)	—			—			—			(521		)
Other income (expense), net	581			(217		)	235			(6,177		)	406			(5,172		)
Income (loss) before income taxes	(14,236		)	43,502			8,873			48,328			(100,703		)	(14,236		)
Income tax expense	(10,487		)	(5,620		)	(3,512		)	(4,039		)	13,171			(10,487		)
Net income (loss)	$	(24,723	)	$	37,882		$	5,361		$	44,289		$	(87,532	)	$	(24,723	)



Chiquita Brands International, Inc.
Condensed Consolidating Statement of Comprehensive Income (Unaudited)
Nine Months Ended September 30, 2014
(in thousands)
	CBII			CBLLC			Guarantor		Non-Guarantor			Consolidating			Company
	(Co-issuer)			(Co-issuer)			Subsidiaries		Subsidiaries			Eliminations			Consolidated
Net income (loss)	$	(24,723	)	$	37,882		$	5,361	$	44,289		$	(87,532	)	$	(24,723	)
Other comprehensive income (loss), net of tax where applicable:
Unrealized foreign currency translation gains	—			—			—		16			—			16
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	—			—			—		268			—			268

Unrealized gains (losses) on derivatives for the period	—			—			—		22,467			—			22,467
Derivative gains reclassified into Net sales	—			—			—		504			—			504
Derivative losses reclassified into Cost of sales	—			—			—		586			—			586
Net other comprehensive income related to derivatives	—			—			—		23,557			—			23,557

Actuarial gains for the period, net of tax	—			(564		)	—		(341		)	—			(905		)
Amortization included in pension cost	—			308			—		585			—			893
Net other comprehensive income related to defined benefit pension and severance plans	—			(256		)	—		244			—			(12		)

Other comprehensive income (loss) of investments in subsidiaries	23,813			24,069			—		—			(47,882		)	—

Comprehensive income (loss)	$	(910	)	$	61,695		$	5,361	$	68,358		$	(135,414	)	$	(910	)



Chiquita Brands International, Inc.
Condensed Consolidating Balance Sheet (Unaudited)
September 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	$	393		$	16,302	$	88,859	$	83,160	$	—		$	188,714
Trade receivables, less allowances	—			57,869		59,894		104,449		—			222,212
Other receivables, net	—			4,188		3,034		49,654		—			56,876
Inventories	—			11,050		34,907		171,321					217,278
Prepaid expenses	1,472			1,961		8,911		27,157		—			39,501
Other current assets	96			—		10,481		395		(6,007		)	4,965
Total current assets	1,961			91,370		206,086		436,136		(6,007		)	729,546
Property, plant and equipment, net	—			7,204		179,595		181,364		—			368,163
Investments and other assets, net	9,399			8,288		3,266		74,337		—			95,290
Trademarks	—			208,085		38,500		179,500		—			426,085
Goodwill	—			—		18,095		—		—			18,095
Other intangible assets, net	—			—		70,523		—		—			70,523
Investments in and accounts with subsidiaries	1,487,261			1,341,388		3,297		—		(2,831,946		)	—
Due from affiliates	88,296			2,220,362		3,068,970		837,758		(6,215,386		)	—
Total assets	$	1,586,917		$	3,876,697	$	3,588,332	$	1,709,095	$	(9,053,339	)	$	1,707,702

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Current portion of long-term debt and capital lease obligations	$	—		$	—	$	1,363	$	1,636	$	—		$	2,999
Accounts payable	3,897			6,765		114,902		140,780		—			266,344
Accrued liabilities	23,377			9,108		64,897		67,079		—			164,461
Total current liabilities	27,274			15,873		181,162		209,495		—			433,804
Long-term debt and capital lease obligations, net of current portion	45,872			190,389		38,637		3,513		—			278,411
Accrued pension and other employee benefits	8,826			4,358		20		63,717		—			76,921
Deferred tax liabilities	(125		)	77,961		25,978		—		(6,007		)	97,807
Other liabilities	6,750			215		23,945		41,342		—			72,252
Long-term related parties debt	238,479			—		—		—		—			238,479
Due to affiliates	749,813			2,100,640		2,890,419		474,514		(6,215,386		)	—
Total liabilities	1,076,889			2,389,436		3,160,161		792,581		(6,221,393		)	1,197,674
Commitments and contingencies
Total shareholders' equity	510,028			1,487,261		428,171		916,514		(2,831,946		)	510,028
Total liabilities and shareholders' equity	$	1,586,917		$	3,876,697	$	3,588,332	$	1,709,095	$	(9,053,339	)	$	1,707,702



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)
September 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	$	—	$	10,682	$	—	$	34,410	$	—		$	45,092
Trade receivables, less allowances	—		54,729		54,525		139,363		—			248,617
Other receivables, net	—		2,066		5,412		61,267		(577		)	68,168
Inventories	—		10,702		30,246		167,983		—			208,931
Prepaid expenses	438		5,095		8,144		28,716		—			42,393
Other current assets	—		21,672		12,520		—		(8,800		)	25,392
Total current assets	438		104,946		110,847		431,739		(9,377		)	638,593
Property, plant and equipment, net	—		16,808		195,940		187,612		—			400,360
Investments and other assets, net	21,795		11,769		4,196		75,116		(6,437		)	106,439
Trademarks	—		208,085		38,500		179,500		—			426,085
Goodwill	—		—		18,095		—		—			18,095
Other intangible assets, net	—		—		79,846		41		—			79,887
Investments in and accounts with subsidiaries	1,465,047		1,155,566		1,246		—		(2,621,859		)	—
Due from affiliates	$	58,317	$	2,244,947	$	1,481,248	$	577,543	$	(4,362,055	)	$	—
Total assets	$	1,545,597	$	3,742,121	$	1,929,918	$	1,451,551	$	(6,999,728	)	$	1,669,459

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Current portion of long-term debt and capital lease obligations	$	—	$	1,500	$	1,662	$	1,486	$	—		$	4,648
Accounts payable	8,533		5,558		92,875		141,764		—			248,730
Accrued liabilities	30,386		14,319		66,468		53,844		(9,377		)	155,640
Due to affiliates	936,986		1,761,741		1,286,745		376,583		(4,362,055		)	—
Total current liabilities	975,905		1,783,118		1,447,750		573,677		(4,371,432		)	409,018
Long-term debt and capital lease obligations, net of current portion	173,194		416,153		40,373		5,162		—			634,882
Accrued pension and other employee benefits	14,665		2,760		4		63,965		—			81,394
Deferred tax liabilities	244		66,987		46,524		—		(6,437		)	107,318
Other liabilities	3,506		8,056		9,619		37,583		—			58,764
Total liabilities	1,167,514		2,277,074		1,544,270		680,387		(4,377,869		)	1,291,376
Commitments and contingencies
Total shareholders' equity	378,083		1,465,047		385,648		771,164		(2,621,859		)	378,083
Total liabilities and shareholders' equity	$	1,545,597	$	3,742,121	$	1,929,918	$	1,451,551	$	(6,999,728	)	$	1,669,459



Chiquita Brands International, Inc.
Condensed Consolidating Statement of Cash Flows (Unaudited)
Nine Months Ended September 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	$	(254,163	)	$	329,032		$	657		$	56,987		$	—		$	132,513

Capital expenditures	—			(1,428		)	(2,192		)	(9,955		)	—			(13,575		)
Investing activity with subsidiaries	—			(93,304		)	—			—			93,304			—
Other, net	—			—			—			(67		)	—			(67		)
Investing cash flow	—			(94,732		)	(2,192		)	(10,022		)	93,304			(13,642		)

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	—			—			(2,910		)	(233		)	—			(3,143		)
Payments for debt modification and issuance costs	—			(2,738		)	—			—			—			(2,738		)
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		)	93,304			1,975			(93,304		)	—
Financing cash flow	254,556			(231,705		)	90,394			1,742			(93,304		)	21,683
Increase (decrease) in cash and equivalents	393			2,595			88,859			48,707			—			140,554
Cash and equivalents, beginning of period	—			13,707			—			34,453			—			48,160
Cash and equivalents, end of period	$	393		$	16,302		$	88,859		$	83,160		$	—		$	188,714



Chiquita Brands International, Inc.
Condensed Consolidating Statement of Cash Flows (Unaudited)
Nine months Ended September 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	$	—	$	14,674		$	3,243		$	22,754		$	—		$	40,671

Capital expenditures	—		(2,689		)	(8,748		)	(27,399		)	—			(38,836		)
Net Proceeds from sale of long-term assets	—		—			1,167			4,089			—			5,256
Investing activity with subsidiaries¹	—		(5,463		)	(570		)	—			6,033			—
Other, net	—		—			—			(3,736		)	—			(3,736		)
Investing cash flow	—		(8,152		)	(8,151		)	(27,046		)	6,033			(37,316		)

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	—		(1,125		)	—			—			—			(1,125		)
Repayments of long-term debt and capital lease obligations	—		—			(555		)	(34		)	—			(589		)
Payments for debt modification and issuance costs	—		(266		)	—			—			—			(266		)
Payments of debt extinguishment costs	—		(300		)	—			—			—			(300		)
Financing activity with subsidiaries¹	—		—			5,463			570			(6,033		)	—
Financing cash flow	—		(11,691		)	4,908			536			(6,033		)	(12,280		)
Increase (decrease) in cash and equivalents	—		(5,169		)	—			(3,756		)	—			(8,925		)
Cash and equivalents, beginning of period	—		15,851			—			38,166			—			54,017
Cash and equivalents, end of period	$	—	$	10,682		$	—		$	34,410		$	—		$	45,092

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 nine months ended September 30, 2014.