DEL MONTE CORP
For the period ended Mar 28, 2025. Filed Apr 30, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 28, 2025 · Filed Apr 30, 2025
DMC$27.39-0.9%Stored close · as of Nov 6, 2026
Contents
Consolidated Balance Sheets (unaudited) as of March 28, 2025 and December 27, 2024
CONSOLIDATED BALANCE SHEETS (Unaudited)
(U.S. dollars in millions, except share and per share data)
| March 28,2025 | December 27,2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $34.4 | $32.6 |
| Trade accounts receivable, net of allowance of $35.7 and $35.0, respectively | 441.8 | 393.2 |
| Other accounts receivable, net of allowance of $9.6 and $8.9, respectively | 72.1 | 78.0 |
| Inventories, net | 603.3 | 595.3 |
| Assets held for sale | 11.0 | 9.5 |
| Prepaid expenses and other current assets | 25.5 | 24.3 |
| Total current assets | 1,188.1 | 1,132.9 |
| Investments in and advances to unconsolidated companies | 40.3 | 39.9 |
| Property, plant and equipment, net | 1,182.4 | 1,191.6 |
| Operating lease right-of-use assets | 190.4 | 186.1 |
| Goodwill | 396.6 | 396.3 |
| Intangible assets, net | 33.1 | 33.2 |
| Deferred income taxes | 51.2 | 47.5 |
| Other noncurrent assets | 72.0 | 68.7 |
| Total assets | $3,154.1 | $3,096.2 |
| Liabilities and shareholders' equity | ||
| Current liabilities: | ||
| Accounts payable and accrued expenses | $520.6 | $476.0 |
| Current maturities of debt and finance leases | 1.5 | 1.5 |
| Current maturities of operating leases | 37.8 | 38.6 |
| Income taxes and other taxes payable | 20.7 | 17.0 |
| Total current liabilities | 580.6 | 533.1 |
| Long-term debt and finance leases | 237.4 | 248.9 |
| Retirement benefits | 82.7 | 83.1 |
| Deferred income taxes | 74.5 | 75.2 |
| Operating leases, less current maturities | 128.5 | 122.3 |
| Other noncurrent liabilities | 27.4 | 26.8 |
| Total liabilities | 1,131.1 | 1,089.4 |
| Commitments and contingencies (See Note 9) | ||
| Shareholders' equity: | ||
| Preferred shares, $0.01 par value; 50,000,000 shares authorized; none issued or outstanding | — | — |
| Ordinary shares, $0.01 par value; 200,000,000 shares authorized; 47,924,409 and 47,940,300 issued and outstanding, respectively | 0.5 | 0.5 |
| Paid-in capital | 605.4 | 605.0 |
| Retained earnings | 1,446.3 | 1,435.4 |
| Accumulated other comprehensive loss | (46.2) | (50.4) |
| Total Fresh Del Monte Produce Inc. shareholders' equity | 2,006.0 | 1,990.5 |
| Noncontrolling interests | 17.0 | 16.3 |
| Total shareholders' equity | 2,023.0 | 2,006.8 |
| Total liabilities and shareholders' equity | $3,154.1 | $3,096.2 |
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