8-KOther Events

Mondelez International, Inc. 8-K Report (Jan 30, 2002)

Filed January 30, 2002For Securities:MDLZ

Summary

Kraft Foods Inc. (predecessor to Mondelez International) filed a Form 8-K on January 30, 2002, primarily to report the filing of its consolidated financial statements for the years ending December 31, 2001, 2000, and 1999. These statements, along with the independent accountants' report and a statement on the computation of earnings to fixed charges ratios, were to be incorporated by reference into the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2001. This filing provides investors with an updated view of Kraft Foods' financial health and performance for the recently concluded fiscal year. The inclusion of detailed balance sheets, statements of earnings, stockholders' equity, and cash flows allows stakeholders to assess the company's assets, liabilities, profitability, and cash-generating capabilities. The accompanying accountants' report offers an independent verification of the financial data, lending credibility to the reported figures.

Key Highlights

  • 1Kraft Foods Inc. (now Mondelez International) filed a Form 8-K on January 30, 2002.
  • 2The primary purpose of the filing was to provide consolidated financial statements for the years ending December 31, 2001, 2000, and 1999.
  • 3These financial statements include consolidated balance sheets, statements of earnings, stockholders' equity, and cash flows.
  • 4An independent accountants' report on these financial statements was also filed.
  • 5A statement regarding the computation of ratios of earnings to fixed charges is included.
  • 6The filed financial statements and related reports are to be incorporated by reference into Kraft Foods' Form 10-K for the fiscal year ended December 31, 2001.
  • 7James P. Dollive, Senior Vice President and Chief Financial Officer, signed the report.

Frequently Asked Questions

The main purpose of this 8-K filing is to report the consolidated financial statements of Kraft Foods Inc. for the years ending December 31, 2001, 2000, and 1999, along with the independent accountants' report and a statement on earnings to fixed charges ratios. These documents are intended for inclusion in the company's annual 10-K report.

The filing includes consolidated balance sheets, consolidated statements of earnings, consolidated statements of stockholders' equity, and consolidated statements of cash flows for the years ended December 31, 2001, 2000, and 1999.

Investors should care because this filing provides audited financial data for Kraft Foods Inc. for the recently ended fiscal year. This allows them to assess the company's financial performance, position, and cash flows, which are crucial for making investment decisions. The independent accountant's report also provides an assurance of the accuracy of these figures.

This statement is important as it helps investors understand the company's ability to meet its fixed financing obligations, such as interest payments on debt. A higher ratio generally indicates a stronger ability to cover these costs.