The combined impacts of all the adjustments to the applicable line items in our unaudited consolidated financial statements for the periods covered by this Form 10-Q are provided in the tables below.



	Condensed Consolidated Statements of Operations
	Three Months Ended September 30, 2014
(in thousands)	As Previously Reported			Inventory Adjustments (1)			Receivables Adjustments (2)		Other Adjustments (3)			As Restated
Sales and other operating revenues	$	589,815		$	—		$	7,155	$	—		$	596,970
Cost of goods and services sold	518,332			13,762			—		—			532,094
Gross profit	71,483			(13,762		)	7,155		—			64,876
Operating income	35,310			(13,762		)	7,155		—			28,703
Income (loss) before income taxes and other items	8,389			(13,762		)	7,155		—			1,782
Income tax expense (benefit)	11,345			(3,021		)	2,575		80			10,979
Net income (loss)	(1,917		)	(10,741		)	4,580		(80		)	(8,158		)
Net income (loss) attributable to Alliance One International, Inc.	(1,910		)	(10,741		)	4,580		(80		)	(8,151		)
Income (loss) per share:
Basic	(0.22		)	(1.20		)	0.51		(0.01		)	(0.92		)
Diluted	(0.22		)	(1.20		)	0.51		(0.01		)	(0.92		)

Note 1A - Restatement of Previously Issued Condensed Consolidated Financial Statements (continued)



	Condensed Consolidated Statements of Operations
	Six Months Ended September 30, 2014
(in thousands)	As Previously Reported			Inventory Adjustments (1)			Receivables Adjustments (2)			Other Adjustments (3)			As Restated
Sales and other operating revenues	$	838,832		$	—		$	7,282		$	—		$	846,114
Cost of goods and services sold	732,245			17,561			—			(1,838		)	747,968
Gross profit	106,587			(17,561		)	7,282			1,838			98,146
Operating income	39,889			(17,561		)	7,282			1,838			31,448
Income (loss) before income taxes and other items	(12,603		)	(17,561		)	7,282			1,838			(21,044		)
Income tax expense (benefit)	8,431			3,302			(590		)	155			11,298
Net income (loss)	(20,480		)	(20,863		)	7,872			1,683			(31,788		)
Net income (loss) attributable to Alliance One International, Inc.	(20,528		)	(20,863		)	7,872			1,683			(31,836		)
Income (loss) per share:
Basic	(2.33		)	(2.35		)	0.88			0.19			(3.61		)
Diluted	(2.33		)	(2.35		)	0.88			0.19			(3.61		)



	Condensed Consolidated Statements of Comprehensive Income (Loss)
	Three Months Ended September 30, 2014
(in thousands)	As Previously Reported			Inventory Adjustments (1)			Receivables Adjustments (2)		Other Adjustments (3)			As Restated
Net income (loss)	$	(1,917	)	$	(10,741	)	$	4,580	$	(80	)	$	(8,158	)
Total comprehensive income (loss), net of tax	(5,791		)	(10,741		)	4,580		(80		)	(12,032		)
Comprehensive income (loss) attributable to Alliance One International, Inc.	(5,784		)	(10,741		)	4,580		(80		)	(12,025		)



	Condensed Consolidated Statements of Comprehensive Income (Loss)
	Six Months Ended September 30, 2014
(in thousands)	As Previously Reported			Inventory Adjustments (1)			Receivables Adjustments (2)		Other Adjustments (3)		As Restated
Net income (loss)	$	(20,480	)	$	(20,863	)	$	7,872	$	1,683	$	(31,788	)
Total comprehensive income (loss), net of tax	(23,732		)	(20,863		)	7,872		1,683		(35,040		)
Comprehensive income (loss) attributable to Alliance One International, Inc.	(23,780		)	(20,863		)	7,872		1,683		(35,088		)

Note 1A - Restatement of Previously Issued Condensed Consolidated Financial Statements (continued)



	September 30, 2014
Condensed Consolidated Balance Sheets (in thousands)	As Previously Reported			Inventory Adjustments (1)			Receivables Adjustments (2)			Other Adjustments (3)			As Restated
Trade and other receivables, net	$	233,785		$	—		$	(1,762	)	$	—		$	232,023
Inventories	976,416			(34,498		)	—			—			941,918
Total current assets	1,509,543			(34,498		)	(1,762		)	—			1,473,283
Investments in unconsolidated affiliates	52,199			—			—			530			52,729
Total assets	1,945,660			(34,498		)	(1,762		)	530			1,909,930
Income taxes	9,238			4,109			(862		)	(4,345		)	8,140
Total current liabilities	843,498			4,109			(862		)	(4,345		)	842,400
Deferred income taxes	5,410			—			—			1,657			7,067
Liability for unrecognized tax benefits	9,617			—			—			3,060			12,677
Pension, postretirement and other long-term liabilities	76,785			—			—			250			77,035
Retained deficit	(174,516		)	(38,607		)	(900		)	133			(213,890		)
Accumulated other comprehensive loss	(41,353		)	—			—			(225		)	(41,578		)
Total stockholders' equity of Alliance One International, Inc.	251,270			(38,607		)	(900		)	(92		)	211,671
Total equity	254,613			(38,607		)	(900		)	(92		)	215,014
Total liabilities and stockholders' equity	1,945,660			(34,498		)	(1,762		)	530			1,909,930



Condensed Statements of Consolidated Stockholders' Equity (in thousands)	As Previously Reported			Inventory Adjustments (1)			Receivables Adjustments (2)			Other Adjustments (3)			As Restated
Retained deficit at March 31, 2014	$	(153,988	)	$	(17,744	)	$	(8,772	)	$	(1,550	)	$	(182,054	)
Net income (loss)	(20,528		)	(20,863		)	7,872			1,683			(31,836		)
Retained deficit at September 30, 2014	(174,516		)	(38,607		)	(900		)	133			(213,890		)

Accumulated Other Comprehensive Income (in thousands)	As Previously Reported			Inventory Adjustments (1)			Receivables Adjustments (2)			Other Adjustments (3)			As Restated
Pensions, net of tax at March 31, 2014	$	(36,461	)	$	—		$	—		$	(225	)	$	(36,686	)
Pensions, net of tax at September 30, 2014	(35,634		)	—			—			(225		)	(35,859		)

(in thousands)	As Previously Reported			Inventory Adjustments (1)			Receivables Adjustments (2)			Other Adjustments (3)			As Restated
Total equity at March 31, 2014	$	276,888		$	(17,744	)	$	(8,772	)	$	(1,775	)	$	248,597
Net Income (loss)	(20,480		)	(20,863		)	7,872			1,683			(31,788		)
Total equity at September 30, 2014	254,613			(38,607		)	(900		)	(92		)	215,014

Note 1A - Restatement of Previously Issued Condensed Consolidated Financial Statements (continued)



	Statement of Condensed Consolidated Cash Flows for the six months ended September 30, 2014
(in thousands)	As Previously Reported			Inventory Adjustments (1)			Receivables Adjustments (2)			Other Adjustments (3)			As Restated
Net income (loss)	$	(20,480	)	$	(20,863	)	$	7,872		$	1,683		$	(31,788	)
Changes in operating assets and liabilities, net	(343,610		)	20,863			(7,872		)	(1,719		)	(332,338		)
Net cash used by operating activities	(334,359		)	—			—			(36		)	(334,395		)
Decrease in cash and cash equivalents	(125,135		)	—			—			(36		)	(125,171		)
Cash and cash equivalents at beginning of period	234,742			—			—			36			234,778

(1) Adjustments per the errors described above related to 1) improper accounting for shrinkage, deferred crop costs, lower of cost or market valuations and accurate inventory, and 2) costs of goods and services sold associated with improper revenue recognition.

(2) Adjustments for the errors described above related to improper revenue recognition.

(3) Adjustments for the previously identified immaterial accounting errors described above, primarily impacting inventories, costs of goods and services sold, income tax expense, and interest expense.