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INVESTMENTS IN AND RECEIVABLES FROM AFFILIATES (Tables)
12 Months Ended
Oct. 30, 2011
INVESTMENTS IN AND RECEIVABLES FROM AFFILIATES  
Schedule of investments in and receivable from affiliates

 

 

 

 

 

 

 

October 30,

 

October 31,

 

(in thousands)

 

Segment

 

% Owned

 

2011

 

2010

 

MegaMex Foods, LLC

 

Grocery Products

 

50%

 

$205,523

 

$122,447

 

Purefoods-Hormel Company

 

All Other

 

40%

 

65,140

 

63,894

 

San Miguel Purefoods (Vietnam) Co. Ltd.

 

All Other

 

49%

 

17,442

 

20,501

 

Other

 

Various

 

Various

 

7,593

 

7,547

 

Total

 

 

 

 

 

$295,698

 

$214,389

 

Schedule of equity in earnings of affiliates

 

(in thousands)

 

Segment

 

2011

 

2010

 

2009

 

MegaMex Foods, LLC

 

Grocery Products

 

$24,532

 

$11,996

 

$   N/A

 

Purefoods-Hormel Company

 

All Other

 

5,182

 

3,523

 

1,561

 

San Miguel Purefoods (Vietnam) Co. Ltd.

 

All Other

 

(3,059

)

(1,315

)

(210

)

Other

 

Various

 

102

 

(1,078

)

3,442

 

Total

 

 

 

$26,757

 

$13,126

 

$4,793