Supplemental Condensed Combining Information

3 Months Ended

Mar. 31, 2014

Notes to Consolidated Financial Statements [Abstract]

Supplemental Condensed Combining Information

16. Supplemental Condensed Combining Information

FMC Finance III, a former wholly-owned subsidiary of the Company, issued 6⅞% Senior Notes due 2017 in July 2007. On June 20, 2011, Fresenius Medical Care US Finance, Inc. (“US Finance”) acquired substantially all of the assets of FMC Finance III and assumed its obligations, including the 6⅞% Senior Notes and the related indenture. The 6⅞% Senior Notes are fully and unconditionally guaranteed, jointly and severally on a senior basis, by the Company and by FMCH and Fresenius Medical Care Deutschland GmbH (“D-GmbH”), together the (“Guarantor Subsidiaries”). The 6⅞% Senior Notes and related guarantees were issued in an exchange offer registered under the Securities Act of 1933. The financial statements in this report present the financial condition, results of operations and cash flows of the Company, on a consolidated basis at March 31, 2014 and December 31, 2013 and for the three-months periods ended March 31, 2014 and 2013. The following combining financial information for the Company is at March 31, 2014 and December 31, 2013 and for the three-months periods ended March 31, 2014 and 2013, segregated between FMC US Finance as issuer, the Company, D-GmbH and FMCH as guarantors, and the Company's other businesses (the “Non-Guarantor Subsidiaries”). For purposes of the condensed combining information, the Company and the Guarantor Subsidiaries carry their investments under the equity method. Other (income) expense includes income (loss) related to investments in consolidated subsidiaries recorded under the equity method for purposes of the condensed combining information. In addition, other (income) expense includes income and losses from profit and loss transfer agreements as well as dividends received.

		For the three months ended March 31, 2014
		Issuer		Guarantors
		FMC US Finance		FMC - AG & Co. KGaA		D-GmbH		FMCH		Non-Guarantor Subsidiaries		Combining Adjustment		Combined Total

Net revenue		$	-	$	-	$	531,730	$	-	$	3,896,574	$	(864,712)	$	3,563,592
Cost of revenue			-		-		332,156		-		2,995,003		(845,699)		2,481,460
	Gross profit		-		-		199,574		-		901,571		(19,013)		1,082,132
Operating expenses (income):
	Selling, general and administrative⁽¹⁾		-		47,374		28,650		(26,380)		569,452		(11,887)		607,209
	Research and development		-		-		19,297		-		10,731		-		30,028
Operating (loss) income			-		(47,374)		151,627		26,380		321,388		(7,126)		444,895
Other (income) expense:
	Interest, net		(1,731)		60,526		(1,031)		45,462		(7,015)		50		96,261
	Other, net		-		(330,870)		111,665		(154,698)		-		373,903		-
Income (loss) before income taxes			1,731		222,970		40,993		135,616		328,403		(381,079)		348,634
	Income tax expense (benefit)		628		17,508		37,172		(7,528)		148,579		(95,075)		101,284
Net Income (loss)			1,103		205,462		3,821		143,144		179,824		(286,004)		247,350
Net Income attributable to noncontrolling interests			-		-		-		-		-		41,888		41,888
Net income (loss) attributable to shareholders of FMC-AG & Co. KGaA		$	1,103	$	205,462	$	3,821	$	143,144	$	179,824	$	(327,892)	$	205,462

(1) Selling, general and administrative is presented net of Gain on Sale of dialysis clinics and net of income from equity method investees.

		For the three months ended March 31, 2013
		Issuer		Guarantors
		FMC US Finance		FMC - AG & Co. KGaA		D-GmbH		FMCH		Non-Guarantor Subsidiaries		Combining Adjustment		Combined Total

Net revenue		$	-	$	-	$	495,497	$	-	$	3,758,626	$	(790,202)	$	3,463,921
Cost of revenue			-		-		335,779		-		2,796,879		(778,255)		2,354,403
	Gross profit		-		-		159,718		-		961,747		(11,947)		1,109,518
Operating expenses (income):
	Selling, general and administrative⁽¹⁾		-		6,423		49,086		(7,180)		511,647		25,857		585,833
	Research and development		-		-		17,969		-		12,572		(169)		30,372
Operating (loss) income			-		(6,423)		92,663		7,180		437,528		(37,635)		493,313
Other (income) expense:
	Interest, net		(1,697)		46,193		2,251		40,298		17,184		-		104,229
	Other, net		-		(263,397)		96,047		(181,689)		-		349,039		-
Income (loss) before income taxes			1,697		210,781		(5,635)		148,571		420,344		(386,674)		389,084
	Income tax expense (benefit)		616		(14,718)		6,076		(13,065)		116,077		34,015		129,001
Net Income (loss)			1,081		225,499		(11,711)		161,636		304,267		(420,689)		260,083
Net Income attributable to noncontrolling interests			-		-		-		-		-		34,584		34,584
Net income (loss) attributable to shareholders of FMC-AG & Co. KGaA		$	1,081	$	225,499	$	(11,711)	$	161,636	$	304,267	$	(455,273)	$	225,499

(1) Selling, general and administrative is presented net of Gain on Sale of dialysis clinics and net of income from equity method investees.

		For the three months ended March 31, 2014
		Issuer		Guarantors						Non-Guarantor Subsidiaries		Combining Adjustment		Combined Total
		FMC US Finance		FMC - AG & Co. KGaA		D-GmbH		FMCH		Non-Guarantor Subsidiaries		Combining Adjustment		Combined Total

Net Income		$	1,103	$	205,462	$	3,821	$	143,144	$	179,824	$	(286,004)	$	247,350
	Gain (loss) related to cash flow hedges		-		7,234		-		-		(275)		-		6,959
	Actuarial gain (loss) on defined benefit pension plans		-		50		947		3,262		95		-		4,354
	Gain (loss) related to foreign currency translation		-		833		(145)		-		(50,268)		2,524		(47,056)
	Income tax (expense) benefit related to components of other comprehensive income		-		(2,097)		(276)		(1,287)		110		-		(3,550)
Other comprehensive income (loss), net of tax			-		6,020		526		1,975		(50,338)		2,524		(39,293)
Total comprehensive income		$	1,103	$	211,482	$	4,347	$	145,119	$	129,486	$	(283,480)	$	208,057
	Comprehensive income attributable to noncontrolling interests		-		-		-		-		-		41,855		41,855
Comprehensive income attributable to shareholders of FMC-AG & Co. KGaA		$	1,103	$	211,482	$	4,347	$	145,119	$	129,486	$	(325,335)	$	166,202

		For the three months ended March 31, 2013
		Issuer		Guarantors						Non-Guarantor Subsidiaries		Combining Adjustment		Combined Total
		FMC US Finance		FMC - AG & Co. KGaA		D-GmbH		FMCH		Non-Guarantor Subsidiaries		Combining Adjustment		Combined Total

Net Income		$	1,081	$	225,499	$	(11,711)	$	161,636	$	304,267	$	(420,689)	$	260,083
	Gain (loss) related to cash flow hedges		-		12,864		-		-		3,033		-		15,897
	Actuarial gain (loss) on defined benefit pension plans		-		32		637		5,668		61		-		6,398
	Gain (loss) related to foreign currency translation		-		67,232		(22,010)		-		(115,710)		2,296		(68,192)
	Income tax (expense) benefit related to components of other comprehensive income		-		(3,707)		(186)		(2,236)		(555)		-		(6,684)
Other comprehensive income (loss), net of tax			-		76,421		(21,559)		3,432		(113,171)		2,296		(52,581)
Total comprehensive income		$	1,081	$	301,920	$	(33,270)	$	165,068	$	191,096	$	(418,393)	$	207,502
	Comprehensive income attributable to noncontrolling interests		-		-		-		-		-		32,602		32,602
Comprehensive income attributable to shareholders of FMC-AG & Co. KGaA		$	1,081	$	301,920	$	(33,270)	$	165,068	$	191,096	$	(450,995)	$	174,900

			At March 31, 2014
			Issuer		Guarantors						Non-Guarantor Subsidiaries		Combining Adjustment		Combined Total
			FMC US Finance		FMC - AG & Co. KGaA		D-GmbH		FMCH		Non-Guarantor Subsidiaries		Combining Adjustment		Combined Total
Current assets:
	Cash and cash equivalents		$	0	$	293	$	5,198	$	-	$	569,325	$	(689)	$	574,127
	Trade accounts receivable, less allowance for doubtful accounts			-		-		141,776		-		2,936,792		1,766		3,080,334
	Accounts receivable from related parties			1,251,652		1,082,152		925,520		1,654,727		4,395,927		(9,138,792)		171,186
	Inventories			-		-		314,500		-		1,046,933		(154,661)		1,206,772
	Prepaid expenses and other current assets			-		47,005		70,159		117		1,041,383		36,728		1,195,392
	Deferred taxes			-		-		-		-		312,758		(43,848)		268,910
		Total current assets		1,251,652		1,129,450		1,457,153		1,654,844		10,303,118		(9,299,496)		6,496,721

Property, plant and equipment, net				-		679		255,385		-		3,003,849		(124,790)		3,135,123
Intangible assets				-		387		71,527		-		662,404		(91)		734,227
Goodwill				-		-		62,815		-		11,583,342		-		11,646,157
Deferred taxes				-		83,365		14,762		-		119,945		(109,592)		108,480
Other assets and notes receivables⁽¹⁾				-		14,313,281		48,249		12,851,806		5,211,198		(31,122,565)		1,301,969
	Total assets		$	1,251,652	$	15,527,162	$	1,909,891	$	14,506,650	$	30,883,856	$	(40,656,534)	$	23,422,677

Current liabilities:
	Accounts payable		$	-	$	726	$	32,836	$	-	$	517,106	$	-	$	550,668
	Accounts payable to related parties			-		2,199,883		665,432		1,571,744		5,126,683		(9,399,513)		164,229
	Accrued expenses and other current liabilities			11,833		83,607		143,998		8,948		1,642,610		9,243		1,900,239
	Short-term borrowings			-		56,536		-		-		100,690		-		157,226
	Short-term borrowings from related parties			-		-		-		-		134,314		-		134,314
	Current portion of long-term debt and capital lease obligations			-		78,195		-		200,000		23,080		-		301,275
	Income tax payable			-		123,187		-		-		85,921		(5,554)		203,554
	Deferred taxes			-		1,869		10,567		-		66,021		(42,646)		35,811
		Total current liabilities		11,833		2,544,003		852,833		1,780,692		7,696,425		(9,438,470)		3,447,316

Long term debt and capital lease obligations, less current portion				1,166,233		152,002		-		2,586,469		7,681,126		(3,569,675)		8,016,155
Long term borrowings from related parties				-		3,359,322		-		2,092,452		6,491		(5,458,265)		-
Other liabilities				-		5,557		5,837		267,855		30,366		23,605		333,220
Pension liabilities				-		11,426		260,023		-		142,892		(953)		413,388
Income tax payable				2,915		30,840		-		-		21,549		110,736		166,040
Deferred taxes				-		-		-		-		759,967		(25,638)		734,329
		Total liabilities		1,180,981		6,103,150		1,118,693		6,727,468		16,338,816		(18,358,660)		13,110,448

Noncontrolling interests subject to put provisions				-		-		0		-		631,940		-		631,940
Total FMC-AG & Co. KGaA shareholders' equity				70,671		9,424,012		791,198		7,779,182		13,656,823		(22,297,874)		9,424,012
Noncontrolling interests not subject to put provisions				-		-		-		-		256,277		-		256,277
Total equity				70,671		9,424,012		791,198		7,779,182		13,913,100		(22,297,874)		9,680,289
	Total liabilities and equity		$	1,251,652	$	15,527,162	$	1,909,891	$	14,506,650	$	30,883,856	$	(40,656,534)	$	23,422,677

(1) Other Assets and notes receivables are presented net of investment in equity method investees.

			At December 31, 2013
			Issuer		Guarantors						Non-Guarantor Subsidiaries		Combining Adjustment		Combined Total
			FMC US Finance		FMC - AG & Co. KGaA		D-GmbH		FMCH		Non-Guarantor Subsidiaries		Combining Adjustment		Combined Total
Current assets:
	Cash and cash equivalents		$	0	$	13	$	4,490	$	-	$	672,206	$	6,068	$	682,777
	Trade accounts receivable, less allowance for doubtful accounts			-		-		152,480		-		2,882,736		2,058		3,037,274
	Accounts receivable from related parties			1,269,092		960,137		815,748		1,643,394		4,073,975		(8,609,228)		153,118
	Inventories			-		-		287,625		-		946,790		(137,311)		1,097,104
	Prepaid expenses and other current assets			-		71,939		41,240		167		879,085		44,960		1,037,391
	Deferred taxes			-		-		-		-		322,337		(43,285)		279,052
		Total current assets		1,269,092		1,032,089		1,301,583		1,643,561		9,777,129		(8,736,738)		6,286,716

Property, plant and equipment, net				-		734		238,469		-		2,980,268		(127,517)		3,091,954
Intangible assets				-		501		73,166		-		684,290		(81)		757,876
Goodwill				-		-		62,829		-		11,595,358		-		11,658,187
Deferred taxes				-		80,931		14,209		-		118,306		(109,279)		104,167
Other assets and notes receivables⁽¹⁾				-		13,955,933		47,661		12,583,246		5,234,132		(30,599,966)		1,221,006
	Total assets		$	1,269,092	$	15,070,188	$	1,737,917	$	14,226,807	$	30,389,483	$	(39,573,581)	$	23,119,906

Current liabilities:
	Accounts payable		$	-	$	2,193	$	28,689	$	-	$	511,715	$	-	$	542,597
	Accounts payable to related parties			-		1,896,712		522,719		1,600,480		4,931,344		(8,827,326)		123,929
	Accrued expenses and other current liabilities			29,770		45,897		129,727		9,403		1,786,709		11,027		2,012,533
	Short-term borrowings			-		60		-		-		96,588		-		96,648
	Short-term borrowings from related parties			-		-		-		-		62,342		-		62,342
	Current portion of long-term debt and capital lease obligations			-		271,090		-		200,000		40,280		-		511,370
	Income tax payable			-		114,197		-		-		56,163		-		170,360
	Deferred taxes			-		2,331		9,002		-		64,539		(41,678)		34,194
		Total current liabilities		29,770		2,332,480		690,137		1,809,883		7,549,680		(8,857,977)		3,553,973

Long term debt and capital lease obligations, less current portion				1,167,466		96,699		-		2,438,189		7,478,944		(3,434,378)		7,746,920
Long term borrowings from related parties				-		3,359,606		-		2,092,818		6,940		(5,459,364)		-
Other liabilities				-		5,616		6,028		267,914		30,399		19,604		329,561
Pension liabilities				-		10,377		254,233		-		171,248		-		435,858
Income tax payable				2,287		30,846		-		-		20,262		123,538		176,933
Deferred taxes				-		-		-		-		768,156		(24,766)		743,390
		Total liabilities		1,199,523		5,835,624		950,398		6,608,804		16,025,629		(17,633,343)		12,986,635

Noncontrolling interests subject to put provisions				-		-		0		-		648,251		-		648,251
Total FMC-AG & Co. KGaA shareholders' equity				69,569		9,234,564		787,519		7,618,003		13,465,147		(21,940,238)		9,234,564
Noncontrolling interests not subject to put provisions				-		-		-		-		250,456		-		250,456
Total equity				69,569		9,234,564		787,519		7,618,003		13,715,603		(21,940,238)		9,485,020
	Total liabilities and equity		$	1,269,092	$	15,070,188	$	1,737,917	$	14,226,807	$	30,389,483	$	(39,573,581)	$	23,119,906

(1) Other Assets and notes receivables are presented net of investment in equity method investees.

				For the three months ended March 31, 2014
				Issuer		Guarantors
				FMC US Finance		FMC - AG & Co. KGaA		D-GmbH			FMCH	Non-Guarantor Subsidiaries		Combining Adjustment		Combined Total
Operating Activities:
	Net income (loss)			$	1,103	$	205,462	$	3,821	$	143,144	$	179,824	$	(286,004)	$	247,350
	Adjustments to reconcile net income to net cash provided by (used in) operating activities:
	Equity affiliate income				-		(124,293)		-		(154,698)		-		278,991		-
		Depreciation and amortization			-		168		13,209		-		162,641		(8,851)		167,167
		Change in deferred taxes, net			-		(5,141)		1,004		-		6,310		(5,632)		(3,459)
		(Gain) loss on sale of fixed assets and investments			-		-		(48)		-		854		-		806
		(Write Up) write-off loans from related parties			-		54,513		-		-		-		(54,513)		-
		Compensation expense related to stock options			-		6,174		-		-		-		-		6,174
		Investments in equity method investees, net			-		43,389		-		-		(10,990)		-		32,399
	Changes in assets and liabilities, net of amounts from businesses acquired:
		Trade accounts receivable, net			-		-		10,600		-		(73,804)		289		(62,915)
		Inventories			-		-		(26,758)		-		(104,322)		19,432		(111,648)
		Prepaid expenses and other current and non-current assets			-		27,932		(28,285)		(25,230)		5,543		(6,791)		(26,831)
		Accounts receivable from / payable to related parties			19,214		68,641		126,606		(1,109)		(214,030)		23,481		22,803
		Accounts payable, accrued expenses and other current and non-current liabilities			(17,938)		(1,925)		23,947		(455)		(183,359)		(578)		(180,308)
		Income tax payable			628		8,954		-		(7,528)		36,852		(18,150)		20,756
			Net cash provided by (used in) operating activities		3,007		283,874		124,096		(45,876)		(194,481)		(58,326)		112,294

Investing Activities:
	Purchases of property, plant and equipment				-		-		(28,346)		-		(179,465)		8,180		(199,631)
	Proceeds from sale of property, plant and equipment				-		-		128		-		2,352		-		2,480
	Disbursement of loans to related parties				-		(88,773)		-		(63,712)		-		152,485		-
	Acquisitions and investments, net of cash acquired, and purchases of intangible assets				-		(63,444)		(1,216)		-		(136,985)		64,488		(137,157)
	Proceeds from divestitures				-		-		-		-		2,381		-		2,381
			Net cash provided by (used in) investing activities		-		(152,217)		(29,434)		(63,712)		(311,717)		225,153		(331,927)

Financing Activities:
	Short-term borrowings, net				-		(60)		(93,960)		-		171,121		-		77,101
	Long-term debt and capital lease obligations, net				(3,007)		(136,960)		-		109,588		186,922		(152,485)		4,058
	Increase (decrease) of accounts receivable securitization program				-		-		-		-		68,000		-		68,000
	Proceeds from exercise of stock options				-		5,266		-		-		541		-		5,807
	Capital increase (decrease)				-		-		-		-		21,099		(21,099)		-
	Distributions to noncontrolling interest				-		-		-		-		(52,157)		-		(52,157)
	Contributions from noncontrolling interest				-		-		-		-		13,402		-		13,402
			Net cash provided by (used in) financing activities		(3,007)		(131,754)		(93,960)		109,588		408,928		(173,584)		116,211

Effect of exchange rate changes on cash and cash equivalents					-		377		6		-		(5,611)		-		(5,228)

Cash and Cash Equivalents:
Net increase (decrease) in cash and cash equivalents					0		280		708		-		(102,881)		(6,757)		(108,650)
Cash and cash equivalents at beginning of period					0		13		4,490		-		672,206		6,068		682,777
Cash and cash equivalents at end of period				$	0	$	293	$	5,198	$	-	$	569,325	$	(689)	$	574,127

				For the three months ended March 31, 2013
				Issuer		Guarantors						Non-Guarantor Subsidiaries
				FMC US Finance		FMC - AG & Co. KGaA		D-GmbH			FMCH	Non-Guarantor Subsidiaries			Combining Adjustment			Combined Total

Operating Activities:
	Net income (loss)			$	1,081	$	225,499	$	(11,711)	$	161,636	$	304,267	$	(420,689)	$	260,083
	Adjustments to reconcile net income to net cash provided by (used in) operating activities:
	Equity affiliate income				-		(117,240)		-		(181,689)		-		298,929		-
		Depreciation and amortization			-		169		12,184		-		151,774		(7,774)		156,353
		Change in deferred taxes, net			-		(14,876)		2,705		-		(3,914)		(6,370)		(22,455)
		(Gain) loss on sale of fixed assets and investments			-		(12)		(115)		-		455		-		328
		Compensation expense related to stock options			-		6,220		-		-		-		-		6,220
		Investments in equity method investees, net			-		22,816		-		-		(4,234)		-		18,582
	Changes in assets and liabilities, net of amounts from businesses acquired:
		Trade accounts receivable, net			-		-		(15,829)		-		(24,873)		-		(40,702)
		Inventories			-		-		(12,488)		-		(59,019)		15,334		(56,173)
		Prepaid expenses and other current and non-current assets			-		(19,210)		(9,435)		(6,047)		66,903		(132)		32,079
		Accounts receivable from / payable to related parties			8,547		(76,649)		52,601		28,490		(80,161)		65,697		(1,475)
		Accounts payable, accrued expenses and other current and non-current liabilities			(7,273)		3,603		19,261		(921)		(115,523)		1,182		(99,671)
		Income tax payable			616		(923)		-		(13,065)		50,431		25,190		62,249
			Net cash provided by (used in) operating activities		2,971		29,397		37,173		(11,596)		286,106		(28,633)		315,418

Investing Activities:
	Purchases of property, plant and equipment				-		(14)		(13,577)		-		(139,502)		5,736		(147,357)
	Proceeds from sale of property, plant and equipment				-		17		180		-		1,130		-		1,327
	Disbursement of loans to related parties				-		(22,515)		-		83,644		-		(61,129)		-
	Acquisitions and investments, net of cash acquired, and net purchases of intangible assets				-		(23,152)		(1,424)		-		(69,095)		21,457		(72,214)
	Proceeds from divestitures				-		-		-		-		(63,452)		64,488		1,036
	Net cash provided by (used in) investing activities				-		(45,664)		(14,821)		83,644		(270,919)		30,552		(217,208)

Financing Activities:
	Short-term borrowings, net				-		4,226		(22,794)		-		25,607		-		7,039
	Long-term debt and capital lease obligations, net				(2,972)		-		-		1,659,914		(1,750,388)		61,129		(32,317)
	Increase (decrease) of accounts receivable securitization program				-		-		-		-		(162,000)		-		(162,000)
	Proceeds from exercise of stock options				-		4,113		-		-		522		-		4,635
	Capital increase (decrease)				-		-		-		(1,731,962)		1,730,603		1,359		-
	Distributions to noncontrolling interest				-		-		-		-		(72,619)		-		(72,619)
	Contributions from noncontrolling interest				-		-		-		-		8,795		-		8,795
	Net cash provided by (used in) financing activities				(2,972)		8,339		(22,794)		(72,048)		(219,480)		62,488		(246,467)

Effect of exchange rate changes on cash and cash equivalents					-		8,461		(2)		-		(13,401)		-		(4,942)

Cash and Cash Equivalents:
Net increase (decrease) in cash and cash equivalents					(1)		533		(444)		-		(217,694)		64,407		(153,199)
Cash and cash equivalents at beginning of period					1		78		501		-		686,457		1,003		688,040
Cash and cash equivalents at end of period				$	0	$	611	$	57	$	-	$	468,763	$	65,410	$	534,841

- Definition

The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.

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