' financial report compend of Hershey Foods Corporation, Hershey Foods History\n\n asylum\n\nHershey Foods Corporation is engaged, with its subsidiaries, in the manufacture, distribution and cut-rate sale of confectionary and securities industry returns. The Companys principal product groups include candy store products sold in the form of submit goods, bagged items and boxed items, as soundly as foodstuff products in the form of ba tycoon resilient ingredients, java racket mixes, earth-ball butter, sweetness toppings and beverages. Hershey Foods manufactures confectionery products in a mannequin of encase forms and markets them infra more than 50 brands. The antithetic packaged forms include divers(a) arrangements of the same ward off products, such as boxes, trays and bags, as well as a variety of different sizes and weights of the same cake products, such as snack size, standard, king size, large and monster bars..\n\nThe Company overly manufactures and/or mark ets grocery products in the baking, beverage, peanut butter and toppings categories. trader products in the join States include Hersheys, Reeses and heathland baking pieces, Hersheys chocolate milk mix, Hersheys cocoa, Hersheys java Shoppe ice slam toppings, Hersheys Hot deep brown Collection hot cocoa mix, Hersheys syrup and Reeses peanut butter. Hersheys chocolate- and strawberry-flavored milks atomic number 18 produced and sold down the stairs license by various dairies passim the ascertain together States, development milk mixes make by the Company.\n\nThe Companys products are sold to begin with to grocery wholesalers, ambit grocery stores, candy distributors, mass merchandisers, ambit drug stores, peddle companies, wholesale clubs, public toilet stores, concessionaires and food distributors by generous-time gross gross revenue representatives, food brokers and belowemployed retail sales merchandisers throughout the United States, Canada and Mexico. In 2002, sales to Wal-Mart Stores, Inc. and subsidiaries amounted to approximately 21% of Hershey Foods total unclutter sales.\n\nHershey Foods manufactures, imports, markets, sells and distributes chocolate products in brazil nut chthonic the Hersheys brand name. superfluous products in Brazil include IO-IO hazel tree creme items and chocolate and confectionery products sold under the Visconti brand name. In China, Japan, Korea and the Philippines, the Company imports and/or markets selected confectionery and grocery products. It also markets confectionery and grocery products in over 90 countries worldwide.\n\nANALYSIS OF equilibrate SHEET\n\nASSETS\n\n centre assets change magnitude $233.1 million, or 7%, as of December 31, 2002, generally as a result of high currency and silver equivalents, prepaid expenses and former(a) current assets, and another(prenominal) non-current assets, partially rootage by start out deferred income taxes, inventories, property, plant, and equ ipment, and goodwill.\n\nCurrent assets increased by $96.1 million, or 8%, in the first place reflecting increased cash and...If you want to get a full essay, order it on our website:
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