What was the value of Bimbo Foods Bakeries Distribution's non-current debt as of December 31, 2022?
Bimbo_Foods_Bakeries_Distribution Franchise · 2025 FDDAnswer from 2025 FDD Document
debt:
| Balance as of December 31, 2022 - Principal | $ 8,699 |
|---|---|
| Issuance expenses | (58) |
| Repurchased (1) | (78) |
| Exchange fluctuation | 281 |
| Reclassification to debt | $ 8 |
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 balance as of December 31, 2022, related to reclassified debt principal was $8,699. After accounting for issuance expenses of ($58), repurchases of ($78), and exchange rate fluctuations of $281, the reclassification to debt totaled $8,844.
This figure represents the principal amount of debt that Bimbo Foods Bakeries Distribution had reclassified on its balance sheet as of the end of 2022. The adjustments reflect changes due to the initial expenses associated with issuing the debt, any repurchases of the debt during the year, and fluctuations in exchange rates that affected the value of the debt.
For a prospective franchisee, understanding these figures is crucial for assessing the financial stability and debt management practices of Bimbo Foods Bakeries Distribution. While this specific debt may not directly impact a franchisee's operations, it provides insight into the company's overall financial health and how it manages its liabilities. A franchisee should consider this information in conjunction with other financial metrics to gain a comprehensive understanding of the franchisor's financial position.