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H. J. Heinz Company and Subsidiaries
Notes to Consolidated Financial Statements — (Continued)
The following table presents information about the Company’s reportable segments:
April 27,
2011
(52 Weeks)
April 28,
2010
(52 Weeks)
Net External Sales
Fiscal Year Ended
April 29,
2009
(52 Weeks)
April 27,
2011
(52 Weeks)
(Dollars in thousands)
April 28,
2010
(52 Weeks)
Operating Income (Loss)
April 29,
2009
(52 Weeks)
North American
Consumer
Products . . . . . . . . . . $ 3,265,857 $ 3,192,219 $ 3,135,994 $ 832,719 $ 771,497 $ 724,763
Europe . . . . . . . . . . . . . 3,236,800 3,332,619 3,329,043 581,148 554,300 571,111
Asia/Pacific . . . . . . . . . . 2,320,789 2,007,252 1,627,443 221,580 195,261 182,472
U.S. Foodservice . . . . . . 1,413,456 1,429,511 1,450,894 175,977 150,628 129,358
Rest of World . . . . . . . . 469,686 533,382 467,957 53,371 69,219 52,348
Non-Operating(a) . . . . . — — — (216,605) (158,989) (157,606)
Upfront productivity
charges(d) . . . . . . . . . — — — — (37,665) —
Gain on property
disposal in the
Netherlands(e) . . . . . — — — — 14,977 —
Consolidated Totals . . . $10,706,588 $10,494,983 $10,011,331 $1,648,190 $1,559,228 $1,502,446
Depreciation and Amortization Expenses
Capital Expenditures(b)
Total North America . . $ 123,817 $ 122,774 $ 122,241 $ 101,001 $ 88,841 $ 87,912
Europe . . . . . . . . . . . . . 91,222 105,684 101,899 97,964 74,095 91,898
Asia/Pacific . . . . . . . . . . 53,326 46,976 35,969 71,419 46,105 39,263
Rest of World . . . . . . . . 6,324 6,638 5,728 12,829 11,785 15,574
Non-Operating(a) . . . . . 23,971 16,978 8,270 52,433 56,816 57,474
Consolidated Totals . . . $ 298,660 $ 299,050 $ 274,107 $ 335,646 $ 277,642 $ 292,121
Identifiable Assets
Total North America . . $ 3,633,276 $ 3,532,477 $ 3,605,670
Europe . . . . . . . . . . . . . 4,398,944 3,815,179 3,602,753
Asia/Pacific . . . . . . . . . . 2,424,739 1,869,591 1,505,895
Rest of World . . . . . . . . 1,149,802 276,902 292,266
Non-Operating(c) . . . . . 623,884 581,562 657,600
Consolidated Totals . . . $12,230,645 $10,075,711 $ 9,664,184
(a) Includes corporate overhead, intercompany eliminations and charges not directly attributable to
operating segments.
(b)
(c)
(d)
Excludes property, plant and equipment obtained through acquisitions.
Includes identifiable assets not directly attributable to operating segments.
Includes costs associated with targeted workforce reductions and asset write-offs, that were part
of a corporation-wide initiative to improve productivity. The asset write-offs related to two
factory closures and the exit of a formula business in the U.K. The amount included in other
accrued liabilities related to these initiatives totaled $5.8 million at April 28, 2010.
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