Exhibit 99.1

Index

Consolidated Financial Statements for July 31, 2002:
Consolidated Balance Sheet	1
Consolidated Statement of Operations	2
Consolidated Statement of Cash Flows	3

RBX CORPORATION

CONSOLIDATED BALANCE SHEET

July 31, 2002

(in thousands)

(unaudited)

ASSETS
Cash and cash equivalents	$	594
Accounts receivable, less allowance for doubtful accounts of $1,848		24,836
Inventories		17,495
Prepaid and other current assets		2,095
Total current assets		45,020
Property, plant and equipment, net		52,088
Intangibles		18,058
Other noncurrent assets		6,359
Total assets	$	121,525
LIABILTIES AND STOCKHOLDERS’ EQUITY
Accounts payable	$	11,565
Accrued liabilities		10,928
Current portion of postretirement benefit obligation		2,780
Current portion of long-term debt		2,000
Total current liabilities		27,273
Long-term debt		42,940
Postretirement benefit obligation		24,590
Pension benefit obligation		17,149
Other liabilities		1,704
Total liabilities		113,656
Commitments and contingencies		—
Stockholders’ equity:
Common stock, $0.001 par value, 5,000,000 shares authorized, 1,000,000 shares issued and outstanding		1
Additional paid-in capital		15,160
Accumulated deficit		(7,292	)
Stockholders’ equity		7,869
Total liabilities and stockholders’ equity	$	121,525

1

RBX CORPORATION

CONSOLIDATED STATEMENT OF OPERATIONS

For the seven months ended July 31, 2002

(in thousands)

(unaudited)

Net sales	$	98,586
Cost of goods sold		80,905
Gross profit		17,681
Selling, general and administrative costs		12,112
Reorganization items		926
Loss on disposal of fixed assets		387
Operating income		4,256
Interest expense		2,695
Income before income taxes		1,561
Income tax expense		48
Net income	$	1,513

2

RBX CORPORATION

CONSOLIDATED STATEMENT OF CASH FLOWS

For the seven months ended July 31, 2002

(in thousands)

(unaudited)

OPERATING ACTIVITIES
Net income	$	1,513
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation		2,100
Loss on disposal of fixed assets		387
Change in operating assets and liabilities:
Accounts receivable		(3,467	)
Inventories		(270	)
Prepaid and other current assets		(221	)
Accounts payable		2,562
Accrued liabilities		(5,467	)
Accrued interest		1,821
Other liabilities		(1,854	)
Net cash used in operating activities		(2,896	)
INVESTING ACTIVITIES
Capital expenditures		(1,373	)
Proceeds from disposal of fixed assets		436
Increase in restricted cash		(104	)
Net cash used in investing activities		(1,041	)
FINANCING ACTIVITIES
Proceeds from borrowings		105,088
Principal payments on long-term debt		(101,711	)
Net cash provided by financing activities		3,377
Net decrease in cash and cash equivalents		(560	)
Cash and cash equivalents:
Beginning of period		1,154
End of period	$	594

3