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Schedule II - Valuation and Qualifying Accounts
12 Months Ended
Dec. 30, 2011
Valuation and Qualifying Accounts [Abstract]  
Schedule II - Valuation and Qualifying Accounts
Schedule II - Valuation and Qualifying Accounts
Fresh Del Monte Produce Inc. and Subsidiaries
(U.S. dollars in millions)
Col. A
Col. B
 
Col. C
 
Col. D
 
Col. E
 
 
 
Additions
 
 
 
 
Description
Balance at
Beginning
of Period
 
Charged to
Costs and
Expenses
 
Charged to
Other
Accounts
 
Deductions
 
Balance at
End of
Period
Year ended December 30, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deducted from asset accounts: Valuation accounts:
 
 
 
 
 
 
 
 
 
Trade accounts receivable
$
7.8

 
$
1.0

 
$

 
$
(1.4
)
 
$
7.4

Advances to growers and other receivables
12.3

 
2.7

 

 
(5.2
)
 
9.8

Deferred tax asset valuation allowance
195.5

 
5.2

 
0.1

 
(26.5
)
 
174.3

 
 
 
 
 
 
 
 
 
 
Accrued liabilities:
 
 
 
 
 
 
 
 
 
Provision for Kunia Well Site
19.0

 
0.5

 

 
(1.8
)
 
17.7

Total
$
234.6

 
$
9.4

 
$
0.1

 
$
(34.9
)
 
$
209.2

 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2010:
 

 
 

 
 

 
 

 
 

 
 
 
 
 
 
 
 
 
 
Deducted from asset accounts:
 
 
 
 
 
 
 
 
 
Valuation accounts:
 
 
 
 
 
 
 
 
 
Trade accounts receivable
$
11.9

 
$
1.2

 
$

 
$
(5.3
)
 
$
7.8

Advances to growers and other receivables
14.1

 
3.3

 

 
(5.1
)
 
12.3

Deferred tax asset valuation allowance
174.0

 
31.3

 
1.4

 
(11.2
)
 
195.5

 
 
 
 
 
 
 
 
 
 
Accrued liabilities:
 

 
 

 
 

 
 

 
 

Provision for Kunia Well Site
19.8

 
0.6

 

 
(1.4
)
 
19.0

Total
$
219.8

 
$
36.4

 
$
1.4

 
$
(23.0
)
 
$
234.6

 
 
 
 
 
 
 
 
 
 
Year ended January 1, 2010:
 

 
 

 
 

 
 

 
 

 
 
 
 
 
 
 
 
 
 
Deducted from asset accounts:
 

 
 

 
 

 
 

 
 

Valuation accounts:
 

 
 

 
 

 
 

 
 

Trade accounts receivable
$
15.8

 
$
2.8

 
$

 
$
(6.7
)
 
$
11.9

Advances to growers and other receivables
14.0

 
0.8

 

 
(0.7
)
 
14.1

Deferred tax asset valuation allowance
208.3

 

 

 
(34.3
)
 
174.0

 
 
 
 
 
 
 
 
 
 
Accrued liabilities:
 

 
 

 
 

 
 

 
 

Provision for Kunia Well Site
20.1

 
0.6

 

 
(0.9
)
 
19.8

Total
$
258.2

 
$
4.2

 
$

 
$
(42.6
)
 
$
219.8