Attached files
Exhibit 99.1
PRESS RELEASE
REPORT OF EARNINGS
February 28, 2012
Shawnee Mission, Kansas
The following is a report of earnings for Seaboard Corporation (NYSE Amex
symbol: SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas
66202, (the "Company"), for the three and twelve months ended December 31,
2011 and December 31, 2010, in thousands of dollars except share and per
share amounts.
Three Months Ended Twelve Months Ended
December 31, December 31,
2011 2010 2011 2010
Net sales $1,403,418 $1,205,150 $5,746,902 $4,385,702
Net earnings attributable to
Seaboard $ 78,937 $ 103,360 $ 345,847 $ 283,611
Net earnings per common share $ 65.12 $ 85.01 $ 284.66 $ 231.69
Average number of shares
outstanding 1,212,106 1,215,879 1,214,934 1,224,092
Notes to Report of Earnings:
Included in net earnings attributable to Seaboard for the twelve months
ended December 31, 2011 is a gain on sale of power generating facilities
in the amount of $52,923,000 or $43.56 per share. There was no tax
expense on this transaction.
Seaboard Corporation today filed its Annual Report on Form 10-K with the
United States Securities and Exchange Commission. Seaboard has provided
access to the Annual Report on Form 10-K on its website at
http://www.seaboardcorp.com/investor-sec.aspx.