Exhibit 99.4 INTERNATIONAL FLAVORS & FRAGRANCES INC. (Dollars in thousands) |
| 2003 | Quarter-to-date | Year-to-date | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1st Quarter | As reported | Germany and Switzerland Fruit Business | Pro-Forma | ||||||||||||
| Net sales | $466,224 | -- | $466,224 | ||||||||||||
| Cost of goods sold | 270,447 | -- | 270,447 | ||||||||||||
| Gross margin on sales | 195,777 | -- | 195,777 | ||||||||||||
| Research & development | 38,962 | -- | 38,962 | ||||||||||||
| Selling and administrative | 76,115 | -- | 76,115 | ||||||||||||
| Amortization | 3,158 | -- | 3,158 | ||||||||||||
| 77,542 | -- | 77,542 | |||||||||||||
| Restructuring and other charges | (20,389 | ) | -- | (20,389 | ) | ||||||||||
| Interest expense | (8,113 | ) | -- | (8,113 | ) | ||||||||||
| Other income (expense), net | (2,526 | ) | -- | (2,526 | ) | ||||||||||
| Pretax income | 46,514 | -- | 46,514 | ||||||||||||
| Income taxes | 14,497 | -- | 14,497 | ||||||||||||
| Net Income | $ 32,017 | -- | $ 32,017 | ||||||||||||
| 2nd Quarter | As reported | Germany and Switzerland Fruit Business | Pro Forma | As reported | Germany and Switzerland Fruit Business | Pro Forma | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | $482,611 | -- | $482,611 | $948,835 | -- | $948,835 | |||||||||
| Cost of goods sold | 275,235 | -- | 275,235 | 545,682 | -- | 545,682 | |||||||||
| Gross margin on sales | 207,376 | -- | 207,376 | 403,153 | -- | 403,153 | |||||||||
| Research & development | 38,897 | -- | 38,897 | 77,859 | -- | 77,859 | |||||||||
| Selling and administrative | 72,888 | -- | 72,888 | 149,003 | -- | 149,003 | |||||||||
| Amortization | 3,158 | -- | 3,158 | 6,316 | -- | 6,316 | |||||||||
| 92,433 | -- | 92,433 | 169,975 | -- | 169,975 | ||||||||||
| Restructuring and other charges | (6,715 | ) | -- | (6,715 | ) | (27,104 | ) | -- | (27,104 | ) | |||||
| Interest expense | (7,957 | ) | -- | (7,957 | ) | (16,070 | ) | -- | (16,070 | ) | |||||
| Other income (expense), net | (2,371 | ) | -- | (2,371 | ) | (4,897 | ) | -- | (4,897 | ) | |||||
| Pretax income | 75,390 | -- | 75,390 | 121,904 | -- | 121,904 | |||||||||
| Income taxes | 23,992 | -- | 23,992 | 38,489 | -- | 38,489 | |||||||||
| Net Income | $ 51,398 | -- | $ 51,398 | $ 83,415 | -- | $ 83,415 | |||||||||
| 3rd Quarter | As reported | Germany and Switzerland Fruit Business | Pro Forma | As reported | Germany and Switzerland Fruit Business | Pro Forma | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | $480,886 | 7,412 | $473,474 | $1,429,721 | 7,412 | $1,422,309 | |||||||||
| Cost of goods sold | 278,191 | 5,272 | 272,919 | 823,873 | 5,272 | 818,601 | |||||||||
| Gross margin on sales | 202,695 | 2,140 | 200,555 | 605,848 | 2,140 | 603,708 | |||||||||
| Research & development | 39,184 | 152 | 39,032 | 117,043 | 152 | 116,891 | |||||||||
| Selling and administrative | 75,638 | 456 | 75,182 | 224,641 | 456 | 224,185 | |||||||||
| Amortization | 3,158 | -- | 3,158 | 9,474 | -- | 9,474 | |||||||||
| 84,715 | 1,532 | 83,183 | 254,690 | 1,532 | 253,158 | ||||||||||
| Restructuring and other charges | (3,916 | ) | -- | (3,916 | ) | (31,020 | ) | -- | (31,020 | ) | |||||
| Interest expense | (6,532 | ) | -- | (6,532 | ) | (22,602 | ) | -- | (22,602 | ) | |||||
| Other income (expense), net | 446 | -- | 446 | (4,451 | ) | -- | (4,451 | ) | |||||||
| Pretax income | 74,713 | 1,532 | 73,181 | 196,617 | 1,532 | 195,085 | |||||||||
| Income taxes | 23,642 | 517 | 23,125 | 62,131 | 517 | 61,614 | |||||||||
| Net Income | $ 51,071 | 1,015 | $ 50,056 | $134,486 | 1,015 | $133,471 | |||||||||
| 4th Quarter | As reported | Germany and Switzerland Fruit Business | Pro Forma | As reported | Germany and Switzerland Fruit Business | Pro Forma | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | $471,799 | 14,088 | $457,711 | $1,901,520 | 21,500 | $1,880,020 | |||||||||
| Cost of goods sold | 268,583 | 11,026 | 257,557 | 1,092,456 | 16,298 | 1,076,158 | |||||||||
| Gross margin on sales | 203,216 | 3,062 | 200,154 | 809,064 | 5,202 | 803,862 | |||||||||
| Research & development | 42,243 | 412 | 41,831 | 159,286 | 564 | 158,722 | |||||||||
| Selling and administrative | 84,310 | 1,032 | 83,278 | 308,951 | 1,488 | 307,463 | |||||||||
| Amortization | 3,158 | -- | 3,158 | 12,632 | -- | 12,632 | |||||||||
| 73,505 | 1,618 | 71,887 | 328,195 | 3,150 | 325,045 | ||||||||||
| Restructuring and other charges | (11,401 | ) | -- | (11,401 | ) | (42,421 | ) | -- | (42,421 | ) | |||||
| Interest expense | (5,875 | ) | -- | (5,875 | ) | (28,477 | ) | -- | (28,477 | ) | |||||
| Other income (expense), net | (986 | ) | -- | (986 | ) | (5,437 | ) | -- | (5,437 | ) | |||||
| Pretax income | 55,243 | 1,618 | 53,625 | 251,860 | 3,150 | 248,710 | |||||||||
| Income taxes | 17,132 | 502 | 16,630 | 79,263 | 1,019 | 78,244 | |||||||||
| Net Income | $ 38,111 | 1,116 | $ 36,995 | $ 172,597 | 2,131 | $ 170,466 | |||||||||