Exhibit 99.1

Solo Cup Company and Subsidiaries

Consolidated Statements of Operations

(In millions)

	Thirteen weeks ended						Fifty-two weeks ended
	December 26, 2010			December 27, 2009			December 26, 2010			December 27, 2009
Net sales	$	409.2		$	387.0		$	1,582.9		$	1,502.6
Cost of goods sold		363.9			336.1			1,439.3			1,296.2
Gross profit		45.3			50.9			143.6			206.4
Selling, general and administrative expenses		38.3			37.5			150.4			150.1
Impairment of goodwill		—			—			—			17.2
Asset impairment		3.9			—			20.5			—
Loss on asset disposals		1.2			1.5			3.9			9.0
Operating income (loss)		1.9			11.9			(31.2	)		30.1
Interest expense, net of interest income		17.8			17.7			70.6			63.1
Reclassification of unrealized loss on cash flow hedges to interest expense		—			—			—			9.1
Loss on debt extinguishment		—			—			—			2.5
Foreign currency exchange loss (gain), net		1.6			(0.2	)		2.2			(2.6	)
Gain from bargain purchase		—			—			(1.7	)		—
Loss before income taxes		(17.5	)		(5.6	)		(102.3	)		(42.0	)
Income tax (benefit) provision		(0.3	)		(1.1	)		1.9			(6.3	)
Net loss	$	(17.2	)	$	(4.5	)	$	(104.2	)	$	(35.7	)

Reconciliation of net loss to EBITDA (non-GAAP measure)	Thirteen weeks ended						Fifty-two weeks ended
	December 26, 2010			December 27, 2009			December 26, 2010			December 27, 2009
Net loss(1)	$	(17.2	)	$	(4.5	)	$	(104.2	)	$	(35.7	)
Interest expense, net (includes reclassification of unrealized loss on cash flow hedges)		17.8			17.7			70.6			74.7
Income tax (benefit) provision		(0.3	)		(1.1	)		1.9			(6.3	)
Depreciation and amortization (excluding accelerated depreciation)		16.5			18.1			69.9			70.0
Accelerated depreciation		11.1			—			39.7			—
EBITDA (non-GAAP measure)	$	27.9		$	30.2		$	77.9		$	102.7

⁽¹⁾      Net loss includes the following items, which are listed here to provide information for purposes of additional analysis.

	Thirteen weeks ended					Fifty-two weeks ended
	December 26, 2010		December 27, 2009			December 26, 2010			December 27, 2009
Plant closure expenses and severance costs	$	0.8	$	1.8		$	8.7		$	13.3
Closed plant inefficiencies		3.3		—			4.2			1.0
Pension plan curtailment loss		—		—			1.5			—
Impairment of goodwill		—		—			—			17.2
Asset impairment		3.9		—			20.5			—
Gain from bargain purchase		—		—			(1.7	)		—
Loss on asset disposals		1.2		1.5			3.9			9.0
Foreign currency exchange loss (gain), net		1.6		(0.2	)		2.2			(2.6	)
Long-term incentive plan		1.0		—			(0.1	)		0.4
Contractual resolution charge		—		—			—			3.9

Solo Cup Company and Subsidiaries

Condensed Consolidated Balance Sheets

(In millions)

	December 26, 2010			December 27, 2009
Assets
Cash and cash equivalents	$	21.5		$	30.0
Accounts receivable, net		120.7			124.9
Inventories		227.6			232.6
Deferred income taxes		13.1			19.1
Other current assets		25.8			29.8
Total current assets		408.7			436.4
Property, plant and equipment, net		429.1			509.0
Other assets		26.9			42.0
Total assets	$	864.7		$	987.4
Liabilities and Shareholder’s (Deficit) Equity
Accounts payable	$	63.1		$	82.0
Accrued expenses		55.9			55.6
Current maturities of long-term debt		0.4			0.8
Other current liabilities		59.2			47.1
Total current liabilities		178.6			185.5
Long-term debt, net of current maturities		637.3			635.3
Deferred income taxes		14.9			22.7
Other liabilities		121.4			125.7
Total liabilities		952.2			969.2
Total shareholder’s (deficit) equity		(87.5	)		18.2
Total liabilities and shareholder’s (deficit) equity	$	864.7		$	987.4

Solo Cup Company and Subsidiaries

Condensed Consolidated Statements of Cash Flows

(In millions)

	Fifty-two weeks ended
	December 26, 2010			December 27, 2009
Cash flows from operating activities
Net loss	$	(104.2	)	$	(35.7	)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization		109.6			70.0
Deferred financing fee amortization		7.0			6.0
Impairment of goodwill		—			17.2
Loss on asset disposals		3.9			9.0
Pension plan curtailment loss		1.5			—
Loss on debt extinguishment		—			2.5
Gain from bargain purchase		(1.7	)		—
Reclassification of unrealized loss on cash flow hedges		—			9.1
Asset impairment		20.5			—
Deferred income taxes		(0.9	)		(8.6	)
Foreign currency exchange loss (gain), net		2.2			(2.6	)
Changes in operating assets and liabilities, net of business acquisition		4.1			68.7
Other, net		1.7			2.3
Net cash provided by operating activities		43.7			137.9
Cash flows from investing activities
Purchase of property, plant and equipment		(42.1	)		(71.8	)
Proceeds from sale of property, plant and equipment		7.7			16.6
Business acquisition, net of cash acquired		(23.7	)		—
Decrease (increase) in restricted cash		8.5			(10.4	)
Proceeds from insurance reimbursement		1.2			—
Net cash used in investing activities		(48.4	)		(65.6	)
Cash flows from financing activities
Net borrowings under revolving credit facilities		(2.3	)		(13.0	)
Borrowings under the 10.5% Senior Secured Notes		—			293.8
Repayments of term notes		(0.4	)		(363.2	)
Repayments of other debt		(0.4	)		(0.3	)
Return of capital to parent		(0.1	)		—
Debt issuance costs		(0.8	)		(18.3	)
Net cash used in financing activities		(4.0	)		(101.0	)
Effect of exchange rate changes on cash		0.2			1.2
Net decrease in cash and cash equivalents		(8.5	)		(27.5	)
Cash and cash equivalents, beginning of period		30.0			57.5
Cash and cash equivalents, end of period	$	21.5		$	30.0