Dole
dole food Company, InC.
2009 Annual Report
Dol e Fi na nci a l HigHligH ts
(in millions, except per-share data)
2009 $ $ $ $ $ $ $ $ 6,779 352 85 1.45 59 4,107 1,478 1,598 866 2,464 $ $ $ $ $ $ $ $
2008 7,620 275 147 2.84 52 4,365 2,113 2,204 433 2,637 $ $ $ $ $ $ $ $
2007 6,821 149 (38) (0.75) 52 4,643 2,314 2,411 355 2,766 $ $ $ $ $ $ $ $
2006 5,991 136 (40) (0.75) 52 4,612 2,272 2,364 366 2,730 $ $ $ $ $ $ $ $
2005 5,638 229 48 0.93 52 4,413 1,978 2,027 644 2,671
Revenue Operating income Net income (loss) from continuing operations Diluted net income (loss) per common share Diluted average common shares outstanding Total assets Net debt* Capitalization Total debt Total shareholders’ equity Total capitalization
Note: During the fourth quarter of 2008, Dole completed the sale of its JP Fresh and Dole France ripening and distribution subsidiaries. On October 28, 2009, Dole successfully completed a $446 million initial public offering (IPO) of 35.7 million common shares.
Revenue
(in millions)
Operating Income
(in millions)
Net Debt*
(in millions)
09
08
07
06
05
09
08
07
06
05
09
08
07
06
05
* Net debt is calculated as total debt less cash and cash equivalents.
To o u r S h a r e h o l d e r S
David H. Murdock Chairman of the Board
Founded in Hawaii in 1851, Dole Food Company, Inc. is the world’s leading producer, marketer and distributor of fresh fruit and fresh vegetables, including an expanding line of value-added products. Dole is one of the world’s largest producers of bananas and pineapples, and a leader in packaged fruit products, packaged salads and fresh vegetables. Dole is an industry leader in nutrition education and research, and is committed to communicating to the public the health benefits of eating a diet rich in fruits and vegetables.
I am very pleased to report on the successful year that Dole completed in 2009. It was a year filled with many
2009 Annual Report
Dol e Fi na nci a l HigHligH ts
(in millions, except per-share data)
2009 $ $ $ $ $ $ $ $ 6,779 352 85 1.45 59 4,107 1,478 1,598 866 2,464 $ $ $ $ $ $ $ $
2008 7,620 275 147 2.84 52 4,365 2,113 2,204 433 2,637 $ $ $ $ $ $ $ $
2007 6,821 149 (38) (0.75) 52 4,643 2,314 2,411 355 2,766 $ $ $ $ $ $ $ $
2006 5,991 136 (40) (0.75) 52 4,612 2,272 2,364 366 2,730 $ $ $ $ $ $ $ $
2005 5,638 229 48 0.93 52 4,413 1,978 2,027 644 2,671
Revenue Operating income Net income (loss) from continuing operations Diluted net income (loss) per common share Diluted average common shares outstanding Total assets Net debt* Capitalization Total debt Total shareholders’ equity Total capitalization
Note: During the fourth quarter of 2008, Dole completed the sale of its JP Fresh and Dole France ripening and distribution subsidiaries. On October 28, 2009, Dole successfully completed a $446 million initial public offering (IPO) of 35.7 million common shares.
Revenue
(in millions)
Operating Income
(in millions)
Net Debt*
(in millions)
09
08
07
06
05
09
08
07
06
05
09
08
07
06
05
* Net debt is calculated as total debt less cash and cash equivalents.
To o u r S h a r e h o l d e r S
David H. Murdock Chairman of the Board
Founded in Hawaii in 1851, Dole Food Company, Inc. is the world’s leading producer, marketer and distributor of fresh fruit and fresh vegetables, including an expanding line of value-added products. Dole is one of the world’s largest producers of bananas and pineapples, and a leader in packaged fruit products, packaged salads and fresh vegetables. Dole is an industry leader in nutrition education and research, and is committed to communicating to the public the health benefits of eating a diet rich in fruits and vegetables.
I am very pleased to report on the successful year that Dole completed in 2009. It was a year filled with many