Tyson Foods 2007 Annual Report Download - page 20

Download and view the complete annual report

Please find page 20 of the 2007 Tyson Foods annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 68

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68

(/KPJFE=FF;J # @E:% )'' . 8EEL8CI<GFIK
DXeX^\d\ekËj ;`jZljj`fe Xe[8eXcpj`j Zfek`el\[
:Xg`kXc`qXk`fe
`ed`cc`fej )''. )''- )'',
J\e`fiefk\j $2,475 $3,388 $2,529
CXb\j`[\k\idcfXe25 345 345
Fk_\i`e[\Yk\[e\jj 279 246 121
KfkXc;\Yk $2,779 $3,979 $2,995
KfkXc<hl`kp $4,731 $4,440 $4,671
;\Ykkf:Xg`kXc`qXk`feIXk`f 37.0% 47.3% 39.1%
8kJ\gk\dY\i*'#)''-#n\_X[.,'d`cc`fe`eXj_fik$k\id`em\jk$
d\ek_\c[fe[\gfj`kn`k_Xkiljk\\%GifZ\\[j]ifdjXc\f]j_fik$
k\id`em\jkd\ekn\i\lj\[kfi\gXpk_\.,'d`cc`fe.%),Efk\j
[l\FZkfY\i(#)''-%K_`ji\gXpd\eknXjdX[\`eÔjZXc)''.%N_\e
X[aljk\[]fik_\.,'d`cc`fej_fik$k\id`em\jkd\ek_\c[fe[\gfj`k#
kfkXc[\Yknflc[_Xm\Y\\e*%)Y`cc`fe#n`k_X[\YkkfZXg`kXc`qXk`fe
iXk`ff]+)%(%
:I<;@K I8K@E> J
FeAlcp)+#)''-#Dff[j@em\jkfijJ\im`Z\j#@eZ%Dff[j [fne$
^iX[\[k_\Zi\[`kiXk`e^Xggc`ZXYc\kfk_\)'(-Efk\j]ifdÈ9XX*Ékf
È9X(%ÉK_`j[fne^iX[\`eZi\Xj\[k_\`ek\i\jkiXk\fek_\)'(-Efk\j
]ifd-%-'kf-%/,#\]]\Zk`m\fek_\Ôijk[Xpf]k_\`ek\i\jkg\i`f[
[li`e^n_`Z_k_\iXk`e^Z_Xe^\i\hl`i\[XeX[aljkd\ekkfk_\`ek\i\jk
iXk\`%\%#k_\`jjlXeZ\f]k_\)'(-Efk\j %K_`j[fne^iX[\[`[efk
_Xm\XdXk\i`Xc`dgXZkkf`ek\i\jk\og\ej\%8[[`k`feXccp#feAlcp*(#
)''-#JkXe[Xi[GffiËjJG [fne^iX[\[k_\Zi\[`kiXk`e^Xggc`$
ZXYc\kfk_\)'(-Efk\j]ifdÈ999ÉkfÈ999Æ%ÉK_`j[fne^iX[\[`[
efki\jlck`eXe`eZi\Xj\`ek_\`ek\i\jkiXk\fek_\)'(-Efk\j#efi
[`[`ki\jlck`eXe`eZi\Xj\`e`ek\i\jk\og\ej\fii\cXk\[]\\j]fi
fk_\i[\Yk%
FeJ\gk\dY\i(/#)''-#Kpjfe=i\j_D\XkjK=D #Xn_fccp$fne\[
jlYj`[`Xipf]k_\:fdgXep#^lXiXek\\[k_\)'(-Efk\j%K_`j^lXi$
Xek\\[f\jefk\ok\e[kfk_\fk_\ilej\Zli\[j\e`fiefk\jf]k_\
:fdgXep%Dff[jXe[JG[`[efkZ_Xe^\k_\Alcp)''-Zi\[`k
iXk`e^jXggc`ZXYc\kfk_\)'(-Efk\j%?fn\m\i#Dff[j`jjl\[X
e\nZi\[`kiXk`e^f]È9X)#ÉXe[JG`jjl\[Xe\nZi\[`kiXk`e^f]
È99"Éi\cXk\[kfk_\fk_\ilej\Zli\[j\e`fiefk\jefk^lXiXek\\[
YpK=D%K_\j\e\niXk`e^j[`[efk`dgXZkk_\`ek\i\jkiXk\Xggc`$
ZXYc\kfk_\)'(-Efk\jXe[[`[efk_Xm\XdXk\i`Xc`dgXZkfe
`ek\i\jk\og\ej\%
JGZlii\ekcpiXk\jk_\)'(-Efk\jÈ999Æ#Én`k_Xe\^Xk`m\flkcffb%
Dff[jZlii\ekcpiXk\jk_`j[\YkÈ9X(#Én`k_Xe\^Xk`m\flkcffb%K_\
gi\kXo`dgXZkkf\Xie`e^jf]X]lik_\i[fne^iX[\nflc[efkY\dXk\i`Xc%
;< 9K:FM<E8EKJ
Fli[\YkX^i\\d\ekjZfekX`emXi`fljZfm\eXekj#k_\dfjki\jki`Zk`m\
f]n_`Z_ZfekX`edXo`dldXccfn\[c\m\iX^\iXk`fjXe[Xd`e`dld
i\hl`i\[`ek\i\jkZfm\iX^\iXk`f%N\n\i\`eZfdgc`XeZ\n`k_Xcc
Zfm\eXekjXkJ\gk\dY\i)0#)''.%
F==$98C8E:<J?<<K 8II8E><D< EKJ
N\[fefk_Xm\Xepf]]$YXcXeZ\j_\\kXiiXe^\d\ekjdXk\i`Xckf
fliÔeXeZ`Xcgfj`k`fefii\jlckjf]fg\iXk`fej%K_\f]]$YXcXeZ\
j_\\kXiiXe^\d\ekjn\_Xm\Xi\^lXiXek\\jf][\Ykf]flkj`[\k_`i[
gXik`\j#`eZcl[`e^Xc\Xj\Xe[^ifn\icfXej#Xe[i\j`[lXcmXcl\^lXiXe$
k\\jZfm\i`e^Z\ikX`efg\iXk`e^c\Xj\j]fimXi`fljkpg\jf]\hl`gd\ek%
J\\Efk\/#È:fdd`kd\ekjÉf]k_\Efk\jkf:fejfc`[Xk\[=`eXeZ`Xc
JkXk\d\ekj]fi]lik_\i[`jZljj`fejf]k_\j\^lXiXek\\j%
:FEKI8:KL8C F9C@>8K@FEJ
K_\]fccfn`e^kXYc\jlddXi`q\jfliZfekiXZklXcfYc`^Xk`fejXjf]
J\gk\dY\i)0#)''.1
GXpd\ekj;l\YpG\i`f[
)'(*Xe[
`ed`cc`fej )''/ )''0$)'(' )'(($)'() k_\i\X]k\i KfkXc
;\YkXe[ZXg`kXc
c\Xj\fYc`^Xk`fej1
Gi`eZ`gXcgXpd\ekj( $ 137 $ 382 $1,003 $1,257 $2,779
@ek\i\jkgXpd\ekj) 200 453 221 412 1,286
>lXiXek\\j* 16 39 33 43 131
Fg\iXk`e^c\Xj\
fYc`^Xk`fej+ 74 87 35 14 210
GliZ_Xj\fYc`^Xk`fej, 636 26 6 4 672
:Xg`kXc\og\e[`kli\j- 194 – 194
;peXd`Z=l\cjaf`ek
m\ekli\]le[`e^ 35 35 – 70
Fk_\icfe^$k\id
c`XY`c`k`\j. 8 6 5 32 51
KfkXcZfekiXZklXc
Zfdd`kd\ekj $1,300 $1,028 $1,303 $1,762 $5,393
( @ek_\\m\ekf]X[\]XlckfegXpd\ekfim`fcXk`fef][\YkZfm\eXekj#XZZ\c\iXk`fef]
k_\gi`eZ`gXcgXpd\ekjZflc[fZZli%8kJ\gk\dY\i)0#)''.#n\n\i\`eZfdgc`XeZ\
n`k_Xccf]fli[\YkZfm\eXekj%
) @ek\i\jkgXpd\ekj`eZcl[\`ek\i\jkfeXccflkjkXe[`e^[\Yk%GXpd\ekjXi\\jk`dXk\[]fi
mXi`XYc\iXk\Xe[mXi`XYc\k\id[\YkYXj\[fe\]]\Zk`m\iXk\jXkJ\gk\dY\i)0#)''.#
Xe[\og\Zk\[gXpd\ek[Xk\j%
* 8dflekj`eZcl[\[Xi\]fik_\^lXiXek\\jf][\Ykf]flkj`[\k_`i[gXik`\j#n_`Z_
`emfcm\Xc\Xj\Xe[^ifn\icfXej#Xccf]n_`Z_Xi\jlYjkXek`XccpZfccXk\iXc`q\[Ypk_\
le[\icp`e^Xjj\kj#Xjn\ccXji\j`[lXcmXcl\^lXiXek\\jZfm\i`e^Z\ikX`efg\iXk`e^c\Xj\j
]fimXi`fljkpg\jf]\hl`gd\ek%K_\Xdflekj`eZcl[\[Xi\k_\dXo`dldgfk\ek`Xc
Xdflekf]]lkli\gXpd\ekj%
+ 8dflekj`eZcl[\[`efg\iXk`e^c\Xj\fYc`^Xk`fejXi\d`e`dldc\Xj\gXpd\ekjle[\i
c\Xj\X^i\\d\ekj%
, 8dflekj`eZcl[\[`egliZ_Xj\fYc`^Xk`fejXi\X^i\\d\ekjkfgliZ_Xj\^ff[jfi
j\im`Z\jk_XkXi\\e]fiZ\XYc\Xe[c\^XccpY`e[`e^Xe[jg\Z`]pXccj`^e`ÔZXekk\idj#
`eZcl[`e^1Ôo\[fid`e`dldhlXek`k`\jkfY\gliZ_Xj\[2Ôo\[#d`e`dldfimXi`XYc\
gi`Z\gifm`j`fej2Xe[k_\Xggifo`dXk\k`d`e^f]k_\kiXejXZk`fe%K_\gliZ_Xj\fYc`^X$
k`fejXdflek`eZcl[\j`k\dj#jlZ_Xj]lkli\gliZ_Xj\Zfdd`kd\ekj]fi^iX`ejXe[
c`m\jkfZbZfekiXZkjk_Xkgifm`[\k\idjk_Xkd\\kk_\XYfm\Zi`k\i`X%N\_Xm\\oZcl[\[
]lkli\gliZ_Xj\Zfdd`kd\ekj]fiZfekiXZkjk_Xk[fefkd\\kk_\j\Zi`k\i`X%GliZ_Xj\
fi[\ij_Xm\efkY\\e`eZcl[\[`ek_\kXYc\#XjXgliZ_Xj\fi[\i`jXeXlk_fi`qXk`fe
kfgliZ_Xj\Xe[dXpefkY\Zfej`[\i\[Xe\e]fiZ\XYc\Xe[c\^XccpY`e[`e^ZfekiXZk%
:fekiXZkj]fi^ff[jfij\im`Z\jk_XkZfekX`ek\id`eXk`feZcXlj\jn`k_flkg\eXckp
_Xm\XcjfY\\e\oZcl[\[%
- 8dflekj`eZcl[\[`eZXg`kXc\og\e[`kli\jXi\\jk`dXk\[XdflekjkfZfdgc\k\
ZfejkilZk`fegifa\Zkj`egif^i\jjXjf]J\gk\dY\i)0#)''.%
. 8dflekj`eZcl[\[`efk_\icfe^$k\idc`XY`c`k`\jXi\`k\djk_Xkd\\kk_\[\Ôe`k`fe
f]XgliZ_Xj\fYc`^Xk`feXe[Xi\i\Zfi[\[`ek_\:fejfc`[Xk\[9XcXeZ\J_\\kj%