Related Party Transactions
Related party transactions with equity investees for the years ended August 31, 2013, 2012 and 2011, respectively and balances as of August 31, 2013 and 2012, respectively are as follows:
|
| | | | | | | | | | | |
| 2013 | | 2012 | | 2011 |
| (Dollars in thousands) |
Sales | $ | 2,963,468 |
| | $ | 2,185,348 |
| | $ | 3,004,303 |
|
Purchases | 1,535,176 |
| | 1,143,285 |
| | 1,461,391 |
|
|
| | | | | | | |
| 2013 | | 2012 |
| (Dollars in thousands) |
Receivables | $ | 25,159 |
| | $ | 51,716 |
|
Payables | 31,485 |
| | 60,659 |
|
The related party transactions were primarily with TEMCO, Horizon Milling, United Harvest and Ventura Foods.
