EX-99 7 dex99.htm SUPPLEMENTAL FINANCIAL INFORMATION Supplemental Financial Information

EXHIBIT 99

DEAN HOLDING COMPANY

CONSOLIDATED BALANCE SHEET INFORMATION

(Unaudited)

(In thousands)

 

     March 31, 2011  

Assets

  

Current assets:

  

Cash and cash equivalents

   $ 11,478   

Receivables, net

     310,711   

Inventories, net

     126,289   

Deferred income taxes

     24,061   

Prepaid expenses and other current assets

     7,766   
        

Total current assets

     480,305   

Property, plant and equipment, net

     533,052   

Goodwill

     1,099,682   

Identifiable intangible and other assets, net

     188,798   
        

Total

   $ 2,301,837   
        

Liabilities and Parent’s Net Investment

  

Current liabilities:

  

Accounts payable and accrued expenses

   $ 215,230   

Current portion of debt

     11   
        

Total current liabilities

     215,241   

Long-term debt

     127,903   

Deferred income taxes

     200,976   

Other long-term liabilities

     24,211   

Parent’s net investment:

  

Parent’s net investment

     1,735,968   

Accumulated other comprehensive loss

     (2,462
        

Total parent’s net investment

     1,733,506   
        

Total

   $ 2,301,837   
        


DEAN HOLDING COMPANY

CONSOLIDATED OPERATING INFORMATION

(Unaudited)

(In thousands)

 

     Three Months Ended
March  31, 2011
 

Net sales

   $ 969,853   

Cost of sales

     745,221   
        

Gross profit

     224,632   

Operating costs and expenses:

  

Selling and distribution

     153,605   

General and administrative

     14,056   

Amortization of intangibles

     547   

Facility closing and reorganization costs

     222   
        

Total operating costs and expenses

     168,430   
        

Operating income

     56,202   

Other expense:

  

Interest expense

     2,838   

Other expense, net

     20,374   
        

Total other expense

     23,212   
        

Income from continuing operations before income taxes

     32,990   

Income taxes

     13,837   
        

Net income

   $ 19,153