Pinnacle Foods Finance LLC company info

CIK 1420566
IRS Number 208720036
State of incorporation DE
Business address 399 JEFFERSON ROAD
Mail address 399 JEFFERSON ROAD

Short summary

Pinnacle Foods Finance LLC is a New Jersey company, with head office located at 399 Jefferson Road Parsippany, New Jersey 07054-3707. The company achieved a record breaking net income in 2009 - 302.60 million USD. In 2012 the company owned a total of 4.40 billion USD worth of assets, including 705.28 million USD worth of current assets. 2010 was the year when the company amassed the most assets. The company net sales last year amounted to 2.48 billion USD, which means a 0.36% increase when compared to 2011. The company allocated 12.03 million USD of its income to research and development.

Pinnacle Foods Finance LLC Income Statement

Name [in Millions USD]20082009201020112012Trends
Revenue, Net 1,642.932,436.702,469.562,478.49
Gross Profit 379.30602.33614.87584.55
Research and development 4.569.398.0212.03
Operating Expenses 233.35337.18431.60300.96
Operating Income (Loss) 145.96265.15183.27283.59
Interest expense 121.17236.00208.32198.48
Income Tax Expense (Benefit) -277.727.4022.1032.70
Net income 302.6022.04-46.9152.52

Pinnacle Foods Finance LLC Balance Sheet

Name [in Millions USD]20082009201020112012Trends
Cash and cash equivalents 4.26142.83164.7322.7292.28
Accounts Receivable, Net, Current 153.27153.68143.88
Inventories 331.74309.68358.05
Deferred income taxes 36.3572.6699.20
Property, Plant and Equipment, Gross 738.70738.36
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 192.75235.28244.69
Goodwill 1,564.401,441.501,441.50
Other Assets, Noncurrent 187.08167.05155.56
Total assets 4,542.194,284.214,399.99
Current assets 698.00567.74705.28
Accounts payable 137.47127.24137.33
Total current liabilities 336.08304.91333.72
Long-term Debt, Excluding Current Maturities 2,791.052,597.882,576.39
Deferred income taxes 378.96418.66471.53
Other Accrued Liabilities, Noncurrent 3.433.73
Total liabilities 3,614.183,438.373,511.26
Common Stock, Value, Issued 0
Retained Earnings (Accumulated Deficit) 275.18199.42252.96
Accumulated Other Comprehensive Income (Loss), Net of Tax -44.57-50.90-61.55

Pinnacle Foods Finance LLC Cash Flow

Name [in Millions USD]20082009201020112012Trends
Net income 302.6022.04-46.9152.52
Depreciation 60.8872.3082.30
Amortization of Intangible Assets 17.1716.1815.83
Depreciation and amortization 65.4778.0588.4898.12
Deferred Income Tax Expense (Benefit) -277.714.3820.5230.93
Accounts receivable -2.71-12.9610.95-16.26
Inventories -12.79-60.585.7922.03
Accounts payable -13.37-0.5538.20-16.33
Net Cash Provided by (Used in) Operating Activities 116.24256.98204.21202.85
Payments to Acquire Productive Assets 52.0381.27117.3178.28
Payments to Acquire Businesses, Net of Cash Acquired 1,314.7500
Net Cash Provided by (Used in) Investing Activities -1,366.78-81.27-109.41-77.71
Proceeds from Issuance of Long-term Debt 442.300842.63
Proceeds from Issuance of Common Stock 264.330.630.560
Net Cash Provided by (Used in) Financing Activities 1,319.83-134.32-59.03-184.11
Cash and Cash Equivalents, Period Increase (Decrease) 69.6141.4135.75-58.75