Exhibit 99.1

Index

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

RBX CORPORATION

CONSOLIDATED BALANCE SHEETS

October 31, 2002

unaudited

(in thousands)

ASSETS
Cash and cash equivalents	$	660
Accounts receivable, less allowance for doubtful accounts of $1,819		27,147
Inventories		16,480
Prepaid and other current assets		1,333
Total current assets		45,620
Property, plant and equipment, net		53,474
Intangible assets		18,058
Other noncurrent assets		6,369
Total assets	$	123,521
LIABILTIES AND STOCKHOLDERS’ EQUITY
Accounts payable	$	10,532
Accrued liabilities		9,848
Current portion of postretirement benefit obligation		2,780
Current portion of long-term debt		2,000
Total current liabilities		25,160
Long-term debt		46,734
Postretirement benefit obligation		23,747
Pension benefit obligation		17,430
Other liabilities		1,704
Total liabilities		114,775
Stockholders’ equity:
Common stock, $0.001 par value, 5,000,000 shares authorized, 1,000,000 issued and outstanding		1
Additional paid-in capital		15,160
Accumulated deficit		(6,415	)
Total stockholders’ equity		8,746
Commitments and contingencies
Total liabilities and stockholders’ equity	$	123,521

1

RBX CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS

For the ten months ended October 31, 2002

unaudited

(in thousands)

Net sales	$	142,440
Cost of goods sold		117,842
Gross profit		24,598
Selling, general and administrative costs		16,526
Reorganization items (income)		1,001
Other (income) expense		515
Operating income (loss)		6,556
Interest expense		3,956
Income (loss) before income taxes		2,600
Income tax expense		210
Net income (loss)		2,390

2

RBX CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS

For the ten months ended October 31, 2002

unaudited

(in thousands)

OPERATING ACTIVITIES
Net income (loss)	$	2,390
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation		3,000
Loss on disposal of equipment		515
Increase (decrease) in cash from changes in operating assets and liabilities:
Accounts receivable		(5,778	)
Inventories		745
Prepaid and other current assets		541
Accounts payable		1,529
Accrued liabilities		(3,142	)
Other liabilities		(2,416	)
Liabilities subject to compromise		—
Net cash used in operating activities		(2,616	)
INVESTING ACTIVITIES
Capital expenditures		(3,848	)
Proceeds from disposals of property, plant and equipment		487
Increase in restricted cash		(104	)
Net cash used in investing activities		(3,465	)
FINANCING ACTIVITIES
Proceeds from borrowings		151,846
Principal payments on long-term debt		(146,259	)
Net cash provided by financing activities		5,587
Net (decrease) in cash and cash equivalents		(494	)
Cash and cash equivalents:
Beginning of period		1,154
End of period	$	660

3