SUPPLEMENTAL GUARANTOR INFORMATION

6 Months Ended

Jun. 30, 2011

SUPPLEMENTAL GUARANTOR INFORMATION

SUPPLEMENTAL GUARANTOR INFORMATION

17. SUPPLEMENTAL GUARANTOR INFORMATION

        Georgia Gulf Corporation is in essence a holding company for all of its wholly and majority owned subsidiaries. Our payment obligations under the indenture for our 9.0 percent senior secured notes are guaranteed by Georgia Gulf Lake Charles, LLC, Georgia Gulf Chemicals & Vinyls, LLC, Royal Mouldings Limited, Royal Plastics Group (USA) Limited, Rome Delaware Corporation, Plastic Trends, Inc., Royal Group Sales (USA) Limited, Royal Outdoor Products, Inc., Royal Window and Door Profiles Plant 13 Inc., and Royal Window and Door Profiles Plant 14 Inc., and Exterior Portfolio LLC, all of which are wholly-owned subsidiaries (the "Guarantor Subsidiaries") of Georgia Gulf Corporation. The guarantees are full, unconditional and joint and several. Investments in subsidiaries in the following tables reflect investments in wholly owned entities within Georgia Gulf Corporation. The Company's Guarantor Subsidiaries and Non-Guarantor Subsidiaries are not consistent with the Company's business groups or geographic operations; accordingly this basis of presentation is not included to present the Company's financial condition, results of operations or cash flows for any purpose other than to comply with the specific requirements for subsidiary guarantor reporting. We are required to present condensed consolidating financial information in order for the subsidiary guarantors of the Company's public debt to be exempt from reporting under the Securities Exchange Act of 1934.

        The following condensed consolidating balance sheet information, statements of operations information and statements of cash flows information present the combined financial statements of the parent company, and the combined financial statements of our Guarantor Subsidiaries and our remaining subsidiaries (the "Non-Guarantor Subsidiaries"). Separate financial statements of the Guarantor Subsidiaries are not presented because we have determined that they would not be material to investors.

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Balance Sheet Information
June 30, 2011
(Unaudited)

(In thousands)		Parent Company		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Cash and cash equivalents		$	—	$	32,779		$	8,907		$	—		$	41,686
Receivables, net			—		665,167			124,408			(369,946	)		419,629
Inventories			—		251,072			118,071			—			369,143
Prepaid expenses			71		15,269			4,891			—			20,231
Income tax receivable			—		113			319			—			432
Deferred income taxes			—		10,769			—			—			10,769
	Total current assets		71		975,169			256,596			(369,946	)		861,890
Property, plant and equipment, net			789		424,689			238,395			—			663,873
Long term receivables—affiliates			471,653		—			—			(471,653	)		—
Goodwill			—		100,463			115,526			—			215,989
Intangibles, net			—		44,858			2,561			—			47,419
Deferred income taxes			—		—			8,666			—			8,666
Other assets			18,876		66,829			10,153			—			95,858
Investment in subsidiaries			1,141,530		—			—			(1,141,530	)		—
	Total assets	$	1,632,919	$	1,612,008		$	631,897		$	(1,983,129	)	$	1,893,695
Liabilities and Stockholders' Equity
Current portion of long-term debt		$	37,557	$	—		$	—		$	—		$	37,557
Accounts payable			351,612		188,628			48,801			(360,546	)		228,495
Interest payable			22,629		—			79			—			22,708
Income taxes payable			91		(91	)		1,269			—			1,269
Accrued compensation			3,538		8,747			10,043			—			22,328
Liability for unrecognized income tax benefits and other tax reserves			—		2,940			—			—			2,940
Other accrued liabilites			419		32,792			31,447			—			64,658
	Total current liabilities		415,846		233,016			91,639			(360,546	)		379,955
Long-term debt			598,980		—			145,595			—			744,575
Long-term payables—affiliates			—		—			481,053			(481,053	)		—
Liability for unrecognized income tax benefits			—		7,207			39,559			—			46,766
Deferred income taxes			24,470		177,707			—			—			202,177
Other non-current liabilities			112,893		43,595			2,360			(119,356	)		39,492
	Total liabilities		1,152,189		461,525			760,206			(960,955	)		1,412,965
Total stockholders' equity (deficit)			480,730		1,150,483			(128,309	)		(1,022,174	)		480,730
	Total liabilities and stockholders' equity	$	1,632,919	$	1,612,008		$	631,897		$	(1,983,129	)	$	1,893,695

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Balance Sheet Information
December 31, 2010
(Unaudited)

(In thousands)		Parent Company		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash and cash equivalents		$	—	$	93,681	$	29,077		$	—		$	122,758
Receivables, net			72		580,625		66,537			(379,572	)		267,662
Inventories			—		174,231		87,004			—			261,235
Prepaid expenses			147		12,712		3,747			—			16,606
Income tax receivable			—		844		55			—			899
Deferred income taxes			—		7,266		—			—			7,266
	Total current assets		219		869,359		186,420			(379,572	)		676,426
Property, plant and equipment, net			228		413,137		239,772			—			653,137
Long term receivables—affiliates			457,500		—		—			(457,500	)		—
Goodwill			—		97,572		112,059			—			209,631
Intangible assets, net			—		11,875		2,476			—			14,351
Deferred income taxes			—		—		8,078			—			8,078
Other assets			18,572		75,416		10,090			—			104,078
Investment in subsidiaries			1,081,369		—		—			(1,081,369	)		—
	Total assets	$	1,557,888	$	1,467,359	$	558,895		$	(1,918,441	)	$	1,665,701
Current portion of long-term debt		$	22,128	$	4	$	—		$	—		$	22,132
Accounts payable			375,604		112,422		24,185			(379,572	)		132,639
Interest payable			22,528		—		30			—			22,558
Income taxes payable			—		1,683		1,227			—			2,910
Accrued compensation			—		23,863		14,519			—			38,382
Liability for unrecognized income tax benefits and other tax reserves			—		2,897		5,925			—			8,822
Other accrued liabilities			419		23,162		24,955			—			48,536
	Total current liabilities		420,679		164,031		70,841			(379,572	)		275,979
Long-term debt			555,425		—		112,385			—			667,810
Long-term payables—affiliates			—		—		457,500			(457,500	)		—
Liability for unrecognized income tax benefits			—		6,919		39,965			—			46,884
Deferred income taxes			19,144		170,661		—			—			189,805
Other non-current liabilities			118,048		44,379		2,913			(124,709	)		40,631
	Total liabilities		1,113,296		385,990		683,604			(961,781	)		1,221,109
Total stockholders' equity (deficit)			444,592		1,081,369		(124,709	)		(956,660	)		444,592
	Total liabilities and stockholders' equity	$	1,557,888	$	1,467,359	$	558,895		$	(1,918,441	)	$	1,665,701

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Operations Information
Three Months Ended June 30, 2011
(Unaudited)

(In thousands, except share data)			Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales			$	—		$	676,426		$	211,083		$	(55,798	)	$	831,711
Operating costs and expenses:
	Cost of sales			—			632,746			171,777			(55,798	)		748,725
	Selling, general and administrative expenses			10,201			18,391			19,591			—			48,183
	Restructuring (income) expense			—			(1,134	)		427			—			(707	)
		Total operating costs and expenses		10,201			650,003			191,795			(55,798	)		796,201
Operating (loss) income				(10,201	)		26,423			19,288			—			35,510
Other (expense) income:
	Interest (expense) income, net			(18,361	)		7,612			(6,170	)		—			(16,919	)
	Loss on redemption of debt			(1,100	)		—			—			—			(1,100	)
	Foreign exchange (loss) gain			(19	)		35			(356	)		—			(340	)
	Equity in income of subsidiaries			39,169			1,003			—			(40,172	)		—
Income before income taxes				9,488			35,073			12,762			(40,172	)		17,151
(Benefit) provision for income taxes				(5,100	)		10,196			(2,533	)		—			2,563
Net income			$	14,588		$	24,877		$	15,295		$	(40,172	)	$	14,588

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Operations Information
Three Months Ended June 30, 2010
(Unaudited)

(In thousands)		Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales		$	4,222		$	604,959		$	186,422		$	(59,897	)	$	735,706
Operating costs and expenses:
	Cost of sales		—			563,005			153,085			(55,676	)		660,414
	Selling, general and administrative expenses		6,912			20,251			14,017			(4,221	)		36,959
	Restructuring expense		—			42			397						439
Total operating costs and expenses			6,912			583,298			167,499			(59,897	)		697,812
Operating (loss) income			(2,690	)		21,661			18,923			—			37,894
Other (expense) income:
	Interest (expense) income, net		(18,446	)		5,048			(4,027	)		—			(17,425	)
	Foreign exchange loss		(81	)		—			(348	)		—			(429	)
	Equity in (loss) income of subsidiaries		(8,993	)		1,723			—			7,270			—
	Intercompany interest income (expense)		1,218			—			(1,218	)		—			—
	(Loss) income before income taxes		(28,992	)		28,432			13,330			7,270			20,040
(Benefit) provision for income taxes			(50,681	)		52,932			(3,900	)		—			(1,649	)
Net income (loss)		$	21,689		$	(24,500	)	$	17,230		$	7,270		$	21,689

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Operations Information
Six Months Ended June 30, 2011
(Unaudited)

(In thousands, except share data)			Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales			$	—		$	1,382,761		$	340,341		$	(103,454	)	$	1,619,648
Operating costs and expenses:
	Cost of sales			—			1,274,512			289,895			(103,454	)		1,460,953
	Selling, general and administrative expenses			18,817			34,896			32,956			—			86,669
	Restructuring (income) expense			—			(1,134	)		1,009			—			(125	)
		Total operating costs and expenses		18,817			1,308,274			323,860			(103,454	)		1,547,497
Operating (loss) income				(18,817	)		74,487			16,481			—			72,151
Other (expense) income:
	Interest (expense) income, net			(37,526	)		16,169			(12,032	)		—			(33,389	)
	Loss on redemption of debt			(1,100	)		—			—			—			(1,100	)
	Foreign exchange gain (loss)			36			45			(1,021	)		—			(940	)
	Equity in income (loss) of subsidiaries			68,479			(2,005	)		—			(66,474	)		—
Income before income taxes				11,072			88,696			3,428			(66,474	)		36,722
(Benefit) provision for income taxes				(15,643	)		27,904			(2,254	)		—			10,007
Net income			$	26,715		$	60,792		$	5,682		$	(66,474	)	$	26,715

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Operations Information
Six Months Ended June 30, 2010
(Unaudited)

(In thousands)		Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales		$	8,096		$	1,157,306		$	304,311		$	(102,558	)	$	1,367,155
Operating costs and expenses:
	Cost of sales		—			1,105,494			253,753			(94,462	)		1,264,785
	Selling, general and administrative expenses		13,982			39,522			29,409			(8,096	)		74,817
	Restructuring (expense) income		—			586			(452	)					134
Total operating costs and expenses			13,982			1,145,602			282,710			(102,558	)		1,339,736
Operating (loss) income			(5,886	)		11,704			21,601			—			27,419
Other (expense) income:
	Interest (expense) income, net		(40,724	)		13,320			(7,856	)		—			(35,260	)
	Foreign exchange loss		(69	)		—			(365	)		—			(434	)
	Equity in (loss) income of subsidiaries		(11,606	)		1,440			—			10,166			—
	Intercompany interest income (expense)		2,250			—			(2,250	)		—			—
	(Loss) income before income taxes		(56,035	)		26,464			11,130			10,166			(8,275	)
(Benefit) provision for income taxes			(58,693	)		51,029			(3,269	)		—			(10,933	)
Net income (loss)		$	2,658		$	(24,565	)	$	14,399		$	10,166		$	2,658

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Cash Flows Information
Six Months Ended June 30, 2011
(Unaudited)

(In thousands)		Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Net cash provided by (used in) operating activities		$	15,611		$	(42,740	)	$	(45,309	)	$	—	$	(72,438	)
Cash flows from investing activities:
	Capital expenditures		(600	)		(18,906	)		(4,186	)		—		(23,692	)
	Proceeds from sale of property, plant and equipment		—			132			21			—		153
	Acquisition, net of cash acquired		—			(71,623	)		—			—		(71,623	)
Net cash used in investing activities			(600	)		(90,397	)		(4,165	)		—		(95,162	)
Cash flows from financing activities:
	Repayments on ABL Revolver		(201,700	)		—			(1,946	)		—		(203,646	)
	Borrowings on ABL Revolver		282,600			—			31,605			—		314,205
	Repayment of long-term debt		(22,913	)		(4	)		—			—		(22,917	)
	Fees paid to amend or issue debt facilities and equity		(863	)		—			(617	)		—		(1,480	)
	Intercompany financing to fund acquisition		(72,239	)		72,239			—			—		—
	Excess tax benefits from share-based payment arrangements		65			—			—			—		65
	Stock compensation plan activity		39			—			—			—		39
Net cash (used in) provided by financing activities			(15,011	)		72,235			29,042			—		86,266
Effect of exchange rate changes on cash and cash equivalents			—			—			262			—		262
Net change in cash and cash equivalents			—			(60,902	)		(20,170	)		—		(81,072	)
Cash and cash equivalents at beginning of period			—			93,681			29,077			—		122,758
Cash and cash equivalents at end of period		$	—		$	32,779		$	8,907		$	—	$	41,686

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Cash Flows Information
Six Months Ended June 30, 2010
(Unaudited)

(In thousands)		Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Net cash provided by (used in) operating activities		$	15,384		$	13,808		$	(23,269	)	$	—	$	5,923
Cash flows from investing activities:
	Capital expenditures		—			(14,751	)		(6,031	)		—		(20,782	)
	Proceeds from sale of property, plant and equipment, and assets held-for sale		—			—			1,549			—		1,549
Net cash used in investing activities			—			(14,751	)		(4,482	)		—		(19,233	)
Cash flows from financing activities:
	Repayments on ABL Revolver		(282,640	)		—			(20,861	)		—		(303,501	)
	Borrowings on ABL Revolver		267,343			—			46,229			—		313,572
	Repayment of long-term debt		—			(25	)		—			—		(25	)
	Fees paid to amend or issue debt facilities		(3,415	)		—			85			—		(3,330	)
	Excess tax benefits from share-based payment arrangements		3,328			—			—			—		3,328
Net cash (used in) provided by financing activities			(15,384	)		(25	)		25,453			—		10,044
Effect of exchange rate changes on cash			—			—			(368	)		—		(368	)
Net change in cash and cash equivalents			—			(968	)		(2,666	)		—		(3,634	)
Cash and cash equivalents at beginning of period			—			24,880			13,917			—		38,797
Cash and cash equivalents at end of period		$	—		$	23,912		$	11,251		$	—	$	35,163