Annual Report 2002 Land O'Lakes, Inc.
IntroductionHighlights of 2002Letter to the StakeholdersDairy FoodsAg ServicesBoard of DirectorsFinancial ReviewSenior 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 Auditor's Report
Ten Years in Review
 Notes to Consolidated Financial Statements

1.  Summary of Significant Accounting Policies
2.  Receivables
3.  Receivables Purchase Facility
4.  Inventories
5.  Investments
6.  Property, Plant and Equipment
7.  Goodwill and Other Intangible Assets
8.  Debt Obligations
9.  Fair Value of Financial Instruments
10.  Income Taxes
11.  Pension and Other Postretirement Plans
12.  Equities
13.  Acquisitions, Mergers and Divestitures
14.  Restructuring and Impairment Charges
15.  Gain on Legal Settlements
16.  Gain on Sale of Intangible
17.  Loss (Gain) on Extinguishment of Debt
18.  Commitments and Contingencies
19.  Segment Information
20.  Related Party Transactions

INTRODUCTION | HIGHLIGHTS OF 2002 | LETTER TO THE STAKEHOLDERS | DAIRY FOODS
AG SERVICES | BOARD OF DIRECTORS | FINANCIAL REVIEW | SENIOR STRATEGY TEAM