For Ben Jerrys, on what pages of the financial statements can I find the Notes to Consolidated Financial Statements?
Ben_Jerrys Franchise · 2025 FDDAnswer from 2025 FDD Document
The consolidated financial statements include allocations from these companies of
7
Notes to Consolidated Financial Statements
December 31, 2024 and 2023
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 89–133)
What This Means (2025 FDD)
According to Ben Jerrys's 2025 Franchise Disclosure Document, the Notes to Consolidated Financial Statements are located on page 7. These notes provide additional details and explanations regarding the financial figures presented in the consolidated financial statements.
The notes are essential for a comprehensive understanding of Ben Jerrys's financial performance and position. They offer insights into various aspects of the company's operations, such as accounting policies, commitments, contingencies, and related-party transactions. For instance, the notes include details about the company's business, its basis of presentation, and a summary of significant accounting policies. They also cover commitments and contingencies, such as legal actions, and subsequent events, like Unilever's plan to separate its ice cream division.
Prospective franchisees should carefully review these notes to gain a deeper understanding of the financial statements. Understanding these notes can help potential franchisees assess the financial health and stability of Ben Jerrys, as well as identify any potential risks or liabilities that could impact their investment. The notes also provide context for the numbers presented in the balance sheets, income statements, and cash flow statements, enabling a more informed decision-making process.
Specifically, the notes address key areas such as the description of Ben Jerrys's business, its organizational structure as a subsidiary of Ben & Jerry's Homemade, Inc., and its relationship with Unilever. They also discuss the use of estimates in preparing the financial statements and details regarding trade accounts receivable. Reviewing these details is crucial for any prospective franchisee to fully grasp the financial underpinnings of the Ben Jerrys franchise system.