November 6, 2017 / 10:56 PM / 5 months ago

Kraft Heinz restates cash flow statements for two quarters

(Reuters) - Kraft Heinz Co (KHC.O) said on Monday it restated its cash flow statements for two quarters after it found that it implemented a new accounting standard since the start of 2017, instead of from 2018.

FILE PHOTO: Heinz tomato Ketchup is show on display during a preview of a new Walmart Super Center prior to its opening in Compton, California, U.S., January 10, 2017. REUTERS/Mike Blake/File Photo

    The packaged foods company said it would file amended statements for the quarters ended April 1 and July 1 to correctly classify certain items in its of cash flow statements.

    Kraft Heinz said the misstatement did not have an impact on its income statements and balance sheets for the periods. (

    Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Savio D'Souza

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