Page 1
Exhibit 1
Exhibit 1 Consolidated Balance Sheet of General Foods Corporation, Fiscal Year Ended
April 1, 1967 ($ millions)
Assets
Cash
Marketable securities
Receivables
Inventories
Prepaid expenses
Current assets
Land, buildings, equipment (at cost, less depreciation)
Long-term receivables and sundry assets
Goodwill
Total
$20
89
180
261
14
564
332
7
26
$929
$22
86
73
57
238
39
22
10
9
164
449
(2)
611
$929
25.127
Page 2
Exhibit 2
Exhibit 2
Year
Low
High
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
$24
37-1/8
49-1/8
68-5/8
57
77-5/8
78-1/4
77-1/2
62
65-1/4
$39
53-7/8
75-1/2
107
96
90-1/2
93-1/4
89-7/8
83
81
Page 3
Exhibit 3
Exhibit 3
Summary of Statistical Data of General Foods Corporation, Fiscal Year 1958-1967 ($ millions, except assets per employee and figures on a share basis)
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
Income Statement
Sales to customers (net)
$1,009
Cost of sales
724
Marketing, administrative and general expenses
181
Earnings before income taxes
105
Taxes on income
57
Net earnings
$48
$1,053
734
205
115
61
$54
$1,087
725
236
130
69
$61
$1,160
764
261
138
71
$67
$1,189
769
267
156
84
$72
$1,216
769
274
170
91
$79
$1,338
838
322
179
95
$84
$1,478
937
362
177
91
$86
$1,555
965
406
185
91
$94
$1,652
1,012
449
193
94
$99
24
24
28
26
32
29
35
32
40
32
45
34
50
34
50
36
53
41
55
44
$1.99
$2.21
$2.48
$2.69
$2.90
$3.14
$3.33
$3.44
$3.73
$3.93
1.00
1.15
1.30
1.40
1.60
1.80
2.00
2.00
2.10
2.20
149
180
107
222
221
132
44
315
154
200
126
230
247
148
40
347
189
171
123
237
289
173
37
384
183
204
142
245
328
193
35
419
205
206
162
249
375
233
34
454
256
180
202
234
436
264
23
490
214
230
173
271
477
283
37
527
261
266
219
308
517
308
54
569
261
303
238
326
569
332
61
611
12.87
14.07
15.46
16.8
18.17
19.53
20.99
22.64
24.32
28
11
24
14
35
15
40
18
42
21
57
24
70
26
54
29
65
32
59
34
$128
21
$21
$138
22
$22
$147
22
$23
$162
25
$22
$171
28
$22
$180
28
$23
$195
30
$24
$204
30
$25
$218
30
$29
$237
32
$29
Capital Program
Capital additions
Depreciation
Employment Data
Wages, salaries, and benefits
Number of employees (in thousands)
Assets per employee ($ thousands)
a
Per-share figures calculated on shares outstanding at year-end and adjusted for 2-for-1 stock split in August 1960.
Page 4