date:Feb 17, 2014
l efficiency. While we delivered a record year, quarterly results compared to last year were slightly lower on an adjusted basis as improved performances in Europe and North America were more than offset by lower results in Brazil and Asia. Results in the fourth quarter 2012 included a $7 million charge related to the loss on sale of certain long-term recoverable tax assets for cash and a $16 million valuation adjustment for certain value added taxes in Brazil.
In Milling Products, higher res