What was the amount of the accumulated other comprehensive income for Aunt Millies Bakeries as of September 30, 2022?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
| Derivatives Designated as Hedging Instruments | Not | ional Amount | Maturity Date | Market Value | Fixed Interest | |-----------------------------------------------|-----|--------------|---------------|--------------|----------------| | Interest rate swap | $ | 2,000,000 | 11/30/2023 | $ 16,254 | 2.07% | | Interest rate swap | | 4,000,000 | 11/30/2023 | 32,507 | 2.07% | | Interest rate swap | | 4,000,000 | 12/31/2025 | 24,049 | 4.47% | | Interest rate swap | | 1,333,333 | 11/1/2024 | 23,033 | 2.57% | | Interest rate swap | | 2,000,000 | 12/31/2025 | 13,012 | 4.42% | | Interest rate swap | $ | 4,000,000 17,333,333 | 12/31/2025 | 68,329 $ 177,184 | 4.05% | The impact of these derivative instruments designated as hedging instruments on the consolidated statements of operations was as f
Source: Item 23 — RECEIPT (FDD pages 44–196)
What This Means (2025 FDD)
According to the 2025 FDD, the accumulated other comprehensive income for Perfection Bakeries, Inc. as of September 30, 2022, was $307,182. This figure represents the total unrealized gains and losses on available-for-sale securities and changes in benefit plans, which are excluded from the company's earnings and reported separately until realized.
For a prospective Aunt Millies Bakeries franchisee, understanding accumulated other comprehensive income provides insight into the company's financial health and stability. It reflects the impact of certain market fluctuations and adjustments that don't immediately affect the income statement but can influence the overall equity. A positive balance suggests the company has unrealized gains that could potentially boost future earnings, while a negative balance indicates unrealized losses.
It's important to note that this figure is part of the consolidated financial statements for Perfection Bakeries, Inc., which includes its subsidiaries. Franchisees should consider this information as part of a broader due diligence process, examining the trends in comprehensive income over multiple years to assess the company's financial performance and risk profile. Additionally, understanding the components of other comprehensive income, such as unrealized gains or losses on investments, can provide a more detailed view of the factors influencing the company's financial position.