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2000 Annual Report
Report of Independent Auditors To Sunkist Growers, Inc.
We have audited the accompanying consolidated statements of financial
position of Sunkist Growers, Inc. and its Subsidiaries ("the Company") as
of October 31, 2000 and 1999, and the related consolidated statements of
operations and comprehensive (loss) income, changes in members' equity;
and cash flows for the years then ended. These financial statements are the
responsibility of the Company's management. Our responsibility is to
express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with auditing standards generally
accepted in the United States of America. Those standards require that we
plan and perform the audit to obtain reasonable assurance about whether
the financial statements are free of material misstatement. An audit includes
examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements. An audit also includes assessing
the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement
presentation. We believe that our audits provide a reasonable basis for our
opinion.
In our opinion, such consolidated financial statements present fairly, in all
material respects, the financial position of Sunkist Growers, Inc. and its
Subsidiaries as of October 31, 2000 and 1999, and the results of their
operations and their cash flows for the years then ended in conformity with
accounting principles generally accepted in the United States of America.
Los Angeles, California
December 22, 2000
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