Dean Foods (DFODQ) 10-Q 2011 Q1 Quarterly report

EXHIBIT 99

DEAN HOLDING COMPANY

CONSOLIDATED BALANCE SHEET INFORMATION

(Unaudited)

(In thousands)

	March 31, 2011
Assets
Current assets:
Cash and cash equivalents	$	11,478
Receivables, net		310,711
Inventories, net		126,289
Deferred income taxes		24,061
Prepaid expenses and other current assets		7,766
Total current assets		480,305
Property, plant and equipment, net		533,052
Goodwill		1,099,682
Identifiable intangible and other assets, net		188,798
Total	$	2,301,837
Liabilities and Parent’s Net Investment
Current liabilities:
Accounts payable and accrued expenses	$	215,230
Current portion of debt		11
Total current liabilities		215,241
Long-term debt		127,903
Deferred income taxes		200,976
Other long-term liabilities		24,211
Parent’s net investment:
Parent’s net investment		1,735,968
Accumulated other comprehensive loss		(2,462	)
Total parent’s net investment		1,733,506
Total	$	2,301,837

DEAN HOLDING COMPANY

CONSOLIDATED OPERATING INFORMATION

(Unaudited)

(In thousands)

	Three Months Ended March  31, 2011
Net sales	$	969,853
Cost of sales		745,221
Gross profit		224,632
Operating costs and expenses:
Selling and distribution		153,605
General and administrative		14,056
Amortization of intangibles		547
Facility closing and reorganization costs		222
Total operating costs and expenses		168,430
Operating income		56,202
Other expense:
Interest expense		2,838
Other expense, net		20,374
Total other expense		23,212
Income from continuing operations before income taxes		32,990
Income taxes		13,837
Net income	$	19,153