EX-99 6 d546030dex99.htm EX-99 EX-99

EXHIBIT 99

DEAN HOLDING COMPANY

CONSOLIDATED BALANCE SHEET INFORMATION

(Unaudited)

(In thousands)

 

     June 30, 2013  

Assets

  

Current assets:

  

Cash and cash equivalents

   $ 11,933   

Receivables, net

     313,892   

Income tax receivable

     2,238   

Inventories

     139,388   

Deferred income taxes

     25,626   

Prepaid expenses and other current assets

     5,358   
  

 

 

 

Total current assets

     498,435   

Property, plant and equipment, net

     511,996   

Goodwill

     44,057   

Identifiable intangible and other assets, net

     180,454   
  

 

 

 

Total

   $ 1,234,942   
  

 

 

 

Liabilities and Parent’s Net Investment

  

Current liabilities:

  

Accounts payable and accrued expenses

   $ 216,011   
  

 

 

 

Total current liabilities

     216,011   

Long-term debt

     171,530   

Deferred income taxes

     84,257   

Other long-term liabilities

     60,824   

Parent’s net investment:

  

Parent’s net investment

     706,656   

Accumulated other comprehensive loss

     (4,336
  

 

 

 

Total parent’s net investment

     702,320   
  

 

 

 

Total

   $ 1,234,942   
  

 

 

 


DEAN HOLDING COMPANY

CONSOLIDATED OPERATING INFORMATION

(Unaudited)

(In thousands)

 

     Six Months Ended
June 30, 2013
 

Net sales

   $ 2,063,453   

Cost of sales

     1,625,908   
  

 

 

 

Gross profit

     437,545   

Operating costs and expenses:

  

Selling and distribution

     304,257   

General and administrative

     33,459   

Amortization of intangibles

     1,077   

Facility closing and reorganization costs

     4,606   

Impairment of long-lived assets

     6,394   
  

 

 

 

Total operating costs and expenses

     349,793   
  

 

 

 

Operating income

     87,752   

Other expense:

  

Interest expense

     5,847   

Other expense, net

     52,867   
  

 

 

 

Total other expense

     58,714   
  

 

 

 

Income from continuing operations before income taxes

     29,038   

Income taxes

     11,507   
  

 

 

 

Income from continuing operations

     17,531   

Loss from discontinued operations, net of tax

     (23

Loss on sale of discontinued operations, net of tax

     (2,100
  

 

 

 

Net income

     15,408   

Other comprehensive income, net of tax

     104   
  

 

 

 

Comprehensive income

   $ 15,512