What years are covered by the consolidated financial statements included in the Ben Jerrys FDD?
Ben_Jerrys Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the consolidated financial statements of Ben & Jerry's Franchising, Inc. and its subsidiary (the Company), which comprise the consolidated balance sheets as of December 31, 2024 and 2023, and the related consolidated statements of operations, changes in shareholder's equity, and cash flows for the years then ended, and the related notes to the consolidated financial statements.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 89–133)
What This Means (2025 FDD)
According to Ben Jerrys's 2025 Franchise Disclosure Document, the consolidated financial statements include an audit report that covers the financial years 2023 and 2024. Specifically, the consolidated balance sheets are presented as of December 31, 2024, and 2023. The related consolidated statements of operations, changes in shareholder's equity, and cash flows are also provided for the years then ended.
Additionally, the consolidated statements of cash flows provide data for 2023 and 2022. For example, net profit (loss) from operations is shown as $1,161,000 in 2023 and a loss of $258,000 in 2022. The consolidated balance sheets also present figures for 2023 and 2022, such as cash totaling $1,386,000 in 2023 and $1,308,000 in 2022.
Therefore, while the audit opinion focuses on 2023 and 2024, the financial statements themselves include data from 2022 as well, offering a three-year view of Ben Jerrys's financial performance. This allows prospective franchisees to review financial trends over multiple years.