Supplemental Consolidating Financial Information Condensed Balance Sheet (Tables)

9 Months Ended

Sep. 30, 2015

Condensed Balance Sheet [Table Text Block]

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 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, 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