Seaboard Corporation Report of Earnings

SHAWNEE MISSION, Kan., Feb. 28, 2012 /PRNewswire/ -- The following is a report of earnings for Seaboard Corporation (NYSE Amex symbol: SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas 66202, (the "Company"), for the three and twelve months ended December 31, 2011 and December 31, 2010, in thousands of dollars except share and per share amounts.

 

Three Months Ended

Twelve Months Ended

 

December 31,

December 31,

 

2011

2010

2011

2010

Net sales                                   

$  1,403,418

$  1,205,150

$  5,746,902

$ 4,385,702

Net earnings attributable to Seaboard               

$       78,937

$     103,360

$     345,847

$    283,611

Net earnings per common share                    

$         65.12

$         85.01

$       284.66

$      231.69

Average number of shares outstanding             

1,212,106

1,215,879

1,214,934

1,224,092

Notes to Report of Earnings:

Included in net earnings attributable to Seaboard for the twelve months ended December 31, 2011 is a gain on sale of power generating facilities in the amount of $52,923,000 or $43.56 per share.  There was no tax expense on this transaction.

Seaboard Corporation today filed its Annual Report on Form 10-K with the United States Securities and Exchange Commission. Seaboard has provided access to the Annual Report on Form 10-K on its website at http://www.seaboardcorp.com/investor-sec.aspx.

SOURCE Seaboard Corporation



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http://www.seaboardcorp.com

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