[INTRODUCTION] [HIGHLIGHTS] [LETTER TO THE STAKEHOLDERS] [DAIRY FOODS] [AG SERVICES] [BOARD OF DIRECTORS] [FINANCIAL REVIEW] [SENIOR STRATEGY TEAM]
Financial Overview
Consolidated Statements of Operations
Consolidated Balance Sheets
Consolidated Statements of Cash Flows
Consolidated Statements of Equities
Notes to Consolidated Financial Statements
Report of Management
Independent Auditors Report
Ten Years in Review
Notes to Consolidated Financial Statements

4. INVENTORIES

A summary of inventories at December 31 is as follows:

  2001 2000

Raw materials $ 81,923 $ 48,542
Work in process 37,423 42,650
Finished goods 331,428 344,897

Total inventories $ 450,774 $ 436,089

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INTRODUCTION | HIGHLIGHTS OF 2001 | LETTER TO THE STAKEHOLDERS | DAIRY FOODS | AG SERVICES
BOARD OF DIRECTORS | FINANCIAL REVIEW | SENIOR STRATEGY TEAM