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GIS » Topics » Change in Reporting Period

These excerpts taken from the GIS 10-K filed Jul 11, 2008.
Change in Reporting Period In fiscal 2007, we changed the reporting period for our Häagen-Dazs joint ventures in Asia to include results through March 31. In previous years, we included results for the twelve months ended April 30. Accordingly, fiscal 2007 results include only 11 months of results from these joint ventures compared to 12 months in fiscal 2008 and fiscal 2006. The impact of this change was not material to our results of operations, thus we did not restate prior period financial statements for comparability.
 
Change in Reporting
Period In fiscal 2007, we changed the
reporting period for our Häagen-Dazs joint ventures in Asia
to include results through March 31. In previous years, we
included results for the twelve months ended April 30.
Accordingly, fiscal 2007 results include only 11 months of
results from these joint ventures compared to 12 months in
fiscal 2008 and fiscal 2006. The impact of this change was not
material to our results of operations, thus we did not restate
prior period financial statements for comparability.


 




EXCERPTS ON THIS PAGE:

10-K (2 sections)
Jul 11, 2008

RELATED TOPICS for GIS:

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