Whole Foods Executive Summary

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(4) Investments

Whole Food’s has investments in marketable securities that are categorized as short- term or long-term securities. In September 28, 2014 and September 29, 2013 gross unrealized gains and losses were immaterial. The collective value of available-for-sale-securities in a continuous loss position for greater than twelve months totaled approximately 3 million dollars in September 2014. Whole Foods did not recognize any other temporary impairment over the last three fiscal years. The average effective maturity was approximately 6 months and 15 months respectively in 2014.
Whole Foods owned $10 million in equity interest. There equity interest is accounted for using the cost method of accounting. Additionally the company had ownership interest in a supplier company equating to approximately $4 million in September 24. Their ownership interest is accounted for using the equity method of accounted.

(5) Property and Equipment …show more content…

Accumulated depreciation and other impairments relative to property and equipment totaled $9 million and $4 million at September 2014 and September 2013 respectively. Additionally, new locations incurred development costs totaling approximately $447 million, $339 million and $262 million in FY 2014, 2013, 2012. As a result of the developments, remodels and expansions, Whole foods accrued construction liabilities that were included in the other current liabilities within the consolidated balance sheet. These construction accruals totaled $116 million and $103 million in 2014 and 2013

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