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Interim Financial Statements
6 Months Ended
Jun. 30, 2012
Interim Financial Statements  
Interim Financial Statements

1.             Interim Financial Statements

 

On May 15, 2012, the Company’s stockholders approved of the Company’s name change to Ingredion Incorporated from Corn Products International, Inc. References to the “Company” are to Ingredion Incorporated (“Ingredion”) and its consolidated subsidiaries.  These statements should be read in conjunction with the consolidated financial statements and the related notes to those statements contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2011.

 

The unaudited condensed consolidated interim financial statements included herein were prepared by management on the same basis as the Company’s audited consolidated financial statements for the year ended December 31, 2011 and reflect all adjustments (consisting solely of normal recurring items unless otherwise noted) which are, in the opinion of management, necessary for the fair presentation of results of operations and cash flows for the interim periods ended June 30, 2012 and 2011, and the financial position of the Company as of June 30, 2012.  The results for the interim periods are not necessarily indicative of the results expected for the full years.

 

Certain prior year amounts in the Condensed Consolidated Statement of Equity and Redeemable Equity have been reclassified to conform to the current year’s presentation.  These reclassifications had no effect on previously recorded net income or cash flows.