Adjusted EBITDA
| (in millions) | 2010 | 2009 | 2008 | 2007 | ||||
|---|---|---|---|---|---|---|---|---|
| Fresh Fruit | $ | 218 | $ | 323 | $ | 346 | $ | 281 |
| Fresh Vegetables | 51 | 20 | 21 | (3) | ||||
| Packaged Foods | 127 | 126 | 93 | 116 | ||||
| Corporate | (43) | (52) | (50) | (52) | ||||
| Total | $ | 353 | $ | 417 | $ | 410 | $ | 342 |
| EBITDA margin | 5.1% | 6.2% | 5.4% | 5.0% |
Adjusted EBITDA is calculated from EBIT by adding depreciation and amortization from continuing operations, adding the net unrealized loss or subtracting the net unrealized gain on certain derivative instruments (Dole’s foreign currency and bunker fuel hedges and the company’s cross currency swap), adding the foreign currency loss or subtracting the foreign currency gain on Dole’s vessel obligations, adding the net unrealized loss or subtracting the net unrealized gain on Dole’s foreign denominated instruments, and subtracting gain on asset sales. For more information, please download our Form 10-K.
- Fresh Fruit
- Fresh Vegetables
- Packaged Foods
