Other 95 -
Cash provided by financing activities 1,818 891
Effect of exchange rate changes on cash
and cash equivalents 59 20
Net increase in cash and cash equivalents 616 11
Cash and cash equivalents, beginning of period 365 354
Cash and cash equivalents, end of period $981 $365
Reconciliation of Non-GAAP Measures
This earnings release contains total segment operating profit, net financial debt and net financial debt less readily marketable inventories, which are "non-GAAP financial measures" as this term is defined in Regulation G of the Securities Exchange Act of 1934. In accordance with Regulation G, Bunge has reconciled these non-GAAP financial measures to the most directly comparable U.S. GAAP measures.
Total Segment Operating Profit
Total segment operating profit, which is the consolidated segment operating profit of all of Bunge's operating segments, is Bunge's consolidated income from operations before income tax that includes interest income of each segment and an allocated portion of the foreign exchange gains and losses and of interest expense relating to debt financing operating working capital, including readily marketable inventories.
Total segment operating profit is a non-GAAP financial measure and is
not intended to replace income from operations before income tax, the most
directly comparable GAAP financial measure. Total segment operating profit
is a key performance measurement used by Bunge's management to evaluate
whether operating activities cover the financing costs of its business.
Bunge believes total segment operating profit is a more complete measure of
its operating profitability, since it allocates foreign exchange gains and
losses and the cost of deb
|SOURCE Bunge Limited|
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