01—Abstract
Summary
Summary of the 10-K/A filed February 9, 2011. Cited figures are marked; the original filing is the authoritative source.
Archer-Daniels-Midland Co. (ADM) filed its 2011 Annual Report on February 9, 2011, covering the fiscal year ending June 30, 2010.
This filing, an amendment to their 10-K, primarily serves to include necessary exhibits such as the consent of independent registered public accounting firm and certifications from the CEO and CFO. While the provided excerpt focuses on exhibits and doesn't detail the company's financial performance, these certifications are crucial for investors as they attest to the accuracy and completeness of the financial statements and disclosures, providing a layer of assurance regarding management's responsibility for the reported information.
02—Key points
Key Highlights
- The filing is an amendment (10-K/A) to the original annual report, indicating supplementary or corrected information was added.
- The report covers the fiscal year ending June 30, 2010.
- Key exhibits include the Consent of Independent Registered Public Accounting Firm, providing auditor assurance.
- Certifications from the CEO and CFO are included, confirming compliance with SEC reporting rules.
- These certifications are vital for investor confidence in the integrity of financial reporting.
03—One dollar
04—Financials
Financial Highlights
Figures from 10-K/AFY2010filed February 9, 2011Financial Statements
FY2010 against FY2009
| Line item | FY2010FY2009 | Change |
|---|---|---|
| Revenue | $61.68B$69.21B | −10.9% |
| Cost of Revenue | $57.84B$65.12B | −11.2% |
| Gross Profit | $3.84B$4.09B | −6.0% |
| R&D Expenses | $56.00M$50.00M | +12.0% |
| SG&A Expenses | $1.40B$1.41B | −1.0% |
| Interest Expense | $422.00M$469.00M | −10.0% |
| Net Income | $1.93B$1.68B | +14.6% |
| EPS (Basic) | $3.00$2.62 | +14.5% |
| EPS (Diluted) | $3.00$2.62 | +14.5% |
| Shares Outstanding (Basic) | 643.00M643.00M | 0.0% |
| Shares Outstanding (Diluted) | 644.00M644.00M | 0.0% |
05—Questions
Frequently Asked Questions
What is the primary purpose of this 10-K/A filing?
This filing is an amendment (10-K/A) to Archer-Daniels-Midland Co.'s original 10-K. It serves to provide essential exhibits, including auditor consent and executive certifications, which are required by the SEC for the annual report.
What does the CEO/CFO certification signify for investors?
The certifications from the Chief Executive Officer and Chief Financial Officer, as per Rules 13a-14(a) and 15d-14(a), signify that management has reviewed the financial reports and disclosures. They attest to the accuracy, reliability, and completeness of the information presented, enhancing investor confidence in the company's financial integrity.
Does this excerpt provide detailed financial performance data for ADM in 2010?
No, this excerpt from Part IV, Item 15, focuses solely on the list of exhibits. It does not contain detailed financial performance metrics, operational results, or management's discussion and analysis that would typically be found in the main body of a 10-K filing.
06—Continue