FRESH DEL MONTE PRODUCE INC
For the period ended Dec 29, 2023. Filed Feb 26, 2024.
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FY2023 · Filed Feb 26, 2024
DMC$27.91+1.9%Stored close · as of Nov 9, 2026
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Schedule II - Valuation and Qualifying Accounts
| Schedule II - Valuation and Qualifying Accounts | |||||
|---|---|---|---|---|---|
| Fresh Del Monte Produce Inc. and Subsidiaries | |||||
| (U.S. dollars in millions) | |||||
| Additions | |||||
| Description | Balance atBeginningof Period | Charged toCosts andExpenses | Charged toOtherAccounts | Deductions | Balance atEnd ofPeriod |
| Deducted from asset accounts: | |||||
| Valuation accounts: | |||||
| Trade accounts receivable | $21.6 | $2.5 | $— | $(3.3) | $20.8 |
| Advances to growers and other receivables | 5.7 | 0.2 | — | (0.3) | 5.6 |
| Deferred tax asset valuation allowance | 483.5 | 62.2 | (7.3) | (12.7) | 525.7 |
| Current and noncurrent accrued liabilities: | |||||
| Provision for Kunia Well Site | 2.8 | (0.1) | — | — | 2.7 |
| Total | $513.6 | $64.8 | $(7.3) | $(16.3) | $554.8 |
| Deducted from asset accounts: | |||||
| Valuation accounts: | |||||
| Trade accounts receivable | $21.8 | $0.7 | $(0.1) | $(0.8) | $21.6 |
| Advances to growers and other receivables | 3.8 | 2.0 | — | (0.1) | 5.7 |
| Deferred tax asset valuation allowance | 424.8 | 66.0 | 0.2 | (7.5) | 483.5 |
| Current and noncurrent accrued liabilities: | |||||
| Provision for Kunia Well Site | 12.9 | (10.1) | — | — | 2.8 |
| Total | $463.3 | $58.6 | $0.1 | $(8.4) | $513.6 |
| Deducted from asset accounts: | |||||
| Valuation accounts: | |||||
| Trade accounts receivable | $28.5 | $(1.6) | $(5.1) | $— | $21.8 |
| Advances to growers and other receivables | 3.7 | 0.5 | — | (0.4) | 3.8 |
| Deferred tax asset valuation allowance | 370.7 | 72.3 | (1.7) | (16.5) | 424.8 |
| Current and noncurrent accrued liabilities: | |||||
| Provision for Kunia Well Site | 13.0 | (0.1) | — | — | 12.9 |
| Total | $415.9 | $71.1 | $(6.8) | $(16.9) | $463.3 |
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