What was the value of Bimbo Foods Bakeries Distribution's other non-current assets as of December 31, 2024?
Bimbo_Foods_Bakeries_Distribution Franchise · 2025 FDDAnswer from 2025 FDD Document
In addition, the Company has secured its labor and civil lawsuits with security deposits totaling $121, which are presented as part of other non-current assets.
| The other non-current liabilities as of December 31, are as follows: | ||||
|---|---|---|---|---|
| 2024 | 2023 | 2022 | ||
| Provisions | $10,450 | $9,755 $ | 8,663 | |
| Liabilitiesforexitsfrommulti-employer plans | 1,205 | 2,033 | 2,075 | |
| Deferred compensation | 1,064 | 846 | 1,022 | |
| Virtual poweragreement | 33 | - | - | |
| Other | 280 | 252 | 247 | |
| $13,032 | $12,886 $ | 12,007 |
Source: Item 14 — Other Accounts Payable and Accrued Liabilities (FDD pages 312–476)
What This Means (2025 FDD)
According to Bimbo Foods Bakeries Distribution's 2025 Franchise Disclosure Document, the company includes security deposits totaling $121 as part of its other non-current assets as of December 31, 2024. These security deposits are related to secured labor and civil lawsuits.
Additionally, the document provides a breakdown of other non-current liabilities as of December 31, 2024. These liabilities include provisions of $10,450, liabilities for exits from multi-employer plans of $1,205, deferred compensation of $1,064, a virtual power agreement of $33, and other liabilities of $280. The total for these other non-current liabilities amounts to $13,032.
It is important to note that while the FDD provides information on other non-current liabilities and mentions security deposits as part of other non-current assets, it does not offer a comprehensive valuation of all 'other non-current assets' as a single line item. A prospective franchisee should request a complete balance sheet from Bimbo Foods Bakeries Distribution to fully understand the composition and value of all non-current assets.