RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 28, 2014

The following table presents amounts owed from and to related parties as of December 28, 2014 and December 29, 2013:



	December 28, 2014		December 29, 2013
	(in millions)
Current receivables from related parties	$	2.5	$	4.2
Total receivables from related parties	$	2.5	$	4.2

Current payables to related parties	1.2		0.4
Total payables to related parties	$	1.2	$	0.4

Sales on the consolidated statements of income during 2014 and the three months ended December 29, 2013 include $183.2 million and $10.2 million, respectively, of sales to other subsidiaries of WH Group.

One of our vice presidents of our Hog Production segment holds an ownership interests in JCT LLC (JCT). JCT owns certain farms that produce hogs under contract with the Hog Production segment. During 2014, the eight months ended December 29, 2013, the twelve months ended April 28, 2013 and the twelve months ended April 29, 2012, we paid $1.7 million, $1.4 million, $6.2 million and $7.9 million, respectively, to JCT for the production of hogs. During the eight months ended December 29, 2013, the twelve months ended April 28, 2013 and the twelve months ended April 29, 2012, we received $0.2 million, $2.6 million and $3.1 million, respectively, from JCT for reimbursement of associated farm and other support costs. We received no amounts from JCT during 2014 for reimbursement of associated farm and other support costs.

Also, multiple other vice presidents of the Hog Production segment hold ownership interests in Seacoast, LLC, Advantage Farms, LLC, Old Oak Farms LLC, Pork Partners, Inc. and Lisbon 1 Farms Inc. These companies produce and raise hogs for us under contractual arrangements that are consistent with third party grower contracts. During 2014, the eight months ended December 29, 2013, the twelve months ended April 28, 2013 and the twelve months ended April 29, 2012, we paid service fees of $2.8 million, $1.1 million, $1.5 million and $1.7 million, respectively, to these companies. In 2014, the twelve months ended April 28, 2013 and the twelve months ended April 29, 2012, we received $0.1 million, $0.2 million and $0.4 million, respectively, from these companies for reimbursement of associated farm and other support costs. We received no amounts from these companies during the eight months ended December 29, 2013 for reimbursement of associated farm and other support costs.

Wendell Murphy, a former director of the Company, and his immediate family members hold ownership interests in multiple farms that conduct business with us. These farms either produce hogs for us or produce and sell feed ingredients to us. In the twelve months ended April 28, 2013 and the twelve months ended April 29, 2012, we paid $51.6 million and $52.2 million, respectively, to these entities for hogs, feed ingredients and reimbursement of associated farm and other support costs. As a result of the Merger, Mr. Murphy is no longer a director of the Company.

We believe that the terms of the foregoing arrangements were no less favorable to us than if entered into with unaffiliated companies.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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