EX-13.C 10 l86000aex13-c.txt EXHIBIT 13-C 1 Exhibit 13-c
CONSOLIDATED BALANCE SHEET OCTOBER 29, 2000 AND OCTOBER 31, 1999 2000 1999 ------------------------------------------------------------------------------------------------------------------- (IN THOUSANDS) ASSETS Current assets: Cash and cash equivalents $ 785 $ 16,030 Marketable securities 30 30 Receivables 191,371 170,519 Inventories 134,922 119,504 Deferred income taxes 32,747 28,563 Prepaid expenses 9,383 6,670 ------------------------------------------------------------------------------------------------------------------- TOTAL CURRENT ASSETS 369,238 341,316 Property, plant and equipment - net 126,910 128,639 Intangible assets - net 93,763 101,388 Deferred income taxes 7,679 8,839 Other assets 12,450 11,608 ------------------------------------------------------------------------------------------------------------------- $ 610,040 $ 591,790 ------------------------------------------------------------------------------------------------------------------- LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Notes payable $ 91,697 $ 137,311 Accounts payable 74,151 35,849 Income taxes payable 4,095 2,947 Accrued liabilities 65,305 59,345 Customer advance payments 10,226 4,752 Current maturities of long-term debt 4,230 7,822 Current obligations under capital leases 3,304 3,914 ------------------------------------------------------------------------------------------------------------------- TOTAL CURRENT LIABILITIES 253,008 251,940 Long-term debt 57,498 61,762 Obligations under capital leases 3,302 4,213 Pension and retirement obligations 47,484 49,549 Other liabilities 1,525 2,928 Shareholders' equity: Preferred shares, no par value; 10,000,000 shares authorized; none issued -- -- Common shares, no par value; 80,000,000 shares authorized; 49,011,000 shares issued 12,253 12,253 Capital in excess of stated value 103,142 97,167 Retained earnings 493,273 455,494 Accumulated other comprehensive loss (11,946) (7,521) Common shares in treasury, at cost (348,979) (335,656) Deferred stock-based compensation (520) (339) ------------------------------------------------------------------------------------------------------------------- TOTAL SHAREHOLDERS' EQUITY 247,223 221,398 ------------------------------------------------------------------------------------------------------------------- $ 610,040 $ 591,790 -------------------------------------------------------------------------------------------------------------------
The accompanying notes are an integral part of the consolidated financial statements.