EX-99.5 11 exhibit-995.htm EX-99.5 Exhibit


Exhibit 99.5
PART IV

Item 15.     Exhibits and Financial Statement Schedules
 
(a)
Documents filed as part of this Report:

1.
Financial Statements
Report of Independent Registered Public Accounting Firm
Consolidated Balance Sheets as of December 31, 2016 and December 31, 2015
Consolidated Statements of Operations for Each of the Three Years in the Period Ended December 31, 2016
Consolidated Statements of Comprehensive Income for Each of the Three Years in the Period Ended December 31, 2016
Consolidated Cash Flow Statements for Each of the Three Years in the Period Ended December 31, 2016
Consolidated Stockholders’ Equity Statements for Each of the Three Years in the Period Ended December 31, 2016
Notes to Consolidated Financial Statements
 
2.
Financial Statement Schedule
Schedule II – Valuation and Qualifying Accounts
 
 
Beginning
Balance
 
Charged to
Costs and
Expenses
 
Divestitures/
Acquisitions
 
Charge
Offs
 
Recoveries
 
Currency
Movement
 
Ending
Balance
 
 
 
 
 
(In thousands)
 
 
 
 
Accounts Receivable—
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for Doubtful Accounts:
 
 
 
 
 
 
 
 
 
 
 
 
 
2016
$
8,281

 
$
2,517

 
$
(1
)
 
$
(1,336
)
 
$
(1,046
)
 
$
(311
)
 
$
8,104

2015
11,503

 
2,561

 
40

 
(803
)
 
(4,353
)
 
(667
)
 
8,281

2014
3,390

 
1,184

 
9,845

 
(1,867
)
 
(889
)
 
(160
)
 
11,503

Inventories—
 
 
 
 
 
 
 
 
 
 
 
 
 
Excess and Obsolete Allowances:
 
 
 
 
 
 
 
 
 
 
 
 
 
2016
$
22,531

 
$
3,921

 
$
(706
)
 
$
—

 
$
(1,142
)
 
$
(43
)
 
$
24,561

2015
31,823

 
3,001

 
2,755

 
(12,744
)
 
(1,407
)
 
(897
)
 
22,531

2014
21,317

 
7,994

 
14,167

 
(10,908
)
 
(1,413
)
 
666

 
31,823

Deferred Income Tax Asset—
 
 
 
 
 
 
 
 
 
 
 
 
 
Valuation Allowance:
 
 
 
 
 
 
 
 
 
 
 
 
 
2016
$
117,071

 
$
10,782

 
$
616

 
$
(8,074
)
 
$
(10,526
)
 
$
(5,098
)
 
$
104,771

2015
157,317

 
2,840

 
(14,425
)
 
(1,823
)
 
(13,988
)
 
(12,850
)
 
117,071

2014
10,165

 
4,252

 
143,513

 
—

 
(415
)
 
(198
)
 
157,317

All other financial statement schedules not included in this Annual Report on Form 10-K are omitted because they are not applicable.






3. Exhibits
Index to Exhibits
The following exhibits are filed herewith or incorporated herein by reference, as indicated. Documents indicated by an asterisk (*) identify each management contract or compensatory plan.
 
Exhibit
Number
  
Description of Exhibit
  
The filings referenced for incorporation by
reference are Company (Belden Inc.) filings unless
noted to be those of Belden 1993 Inc.
 
 
 
3.1
  
Certificate of Incorporation, as amended
  
February 29, 2008 Form 10-K, Exhibit 3.1
 
 
 
3.2
  
Certificate of Designations of 6.75% Series B Mandatory Convertible Preferred Stock of Belden Inc.
  
July 26, 2016 Form 8-K, Exhibit 3.1

 
 
 
3.3
  
Amended and Restated Bylaws
  
May 31, 2016 Form 8-K, Exhibit 3.1
 
 
 
4.1
  
Rights Agreement
  
December 11, 1996 Form 8-A, Exhibit 1.1
 
 
 
4.2
  
Amendment to Rights Agreement
  
November 15, 2004 Form 10-Q, Exhibit 4.1
 
 
 
4.3
  
Amendment to Rights Agreement
  
December 8, 2006 Form 8-A/A, Exhibit 4.2(a)
 
 
 
4.4
  
Amendment to Rights Agreement
  
December 9, 2016 Form 8-A/A, Exhibit 4.4
 
 
 
4.5
  
Indenture relating to 5.5% Senior Subordinated Notes due 2022
  
August 29, 2012 Form 8-K, Exhibit 4.1
 
 
 
4.6
  
Supplemental Indenture relating to 5.5% Senior Subordinated Notes due 2022
  
May 8, 2013 Form 10-Q, Exhibit 4.2
 
 
 
4.7
  
Second Supplemental Indenture relating to 5.5% Senior Subordinated Notes due 2022
  
November 6, 2013 Form 10-Q, Exhibit 4.1
 
 
 
 
 
4.8
  
Indenture relating to 5.5% Senior Subordinated Notes due 2023
  
March 26, 2013 Form 8-K, Exhibit 4.1
 
 
 
4.9
  
First Supplemental Indenture relating to 5.5% Senior Subordinated Notes due 2023
  
November 6, 2013 Form 10-Q, Exhibit 4.2
 
 
 
 
 
4.10
  
Indenture relating to 5.25% Senior Subordinated Notes due 2024
  
June 30, 2014 Form 8-K, Exhibit 4.1
 
 
 
4.11
  
Third Supplemental Indenture relating to 5.5% Senior Subordinated Notes due 2022
  
November 4, 2014 Form 10-Q, Exhibit 4.1
 
 
 
4.12
  
Second Supplemental Indenture relating to 5.5% Senior Subordinated Notes due 2023
  
November 4, 2014 Form 10-Q, Exhibit 4.2
 
 
 
4.13
  
First Supplemental Indenture relating to 5.25% Senior Subordinated Notes due 2024
  
November 4, 2014 Form 10-Q, Exhibit 4.3
 
 
 
4.14
  
Fourth Supplemental Indenture relating to 5.5% Senior Subordinated Notes due 2022
  
May 5, 2015 Form 10-Q, Exhibit 4.1
 
 
 
 
 
4.15
 
Third Supplemental Indenture relating to 5.5% Senior Subordinated Notes due 2023
 
May 5, 2015 Form 10-Q, Exhibit 4.2
 
 
 
 
 
4.16
 
Second Supplemental Indenture relating to 5.25% Senior Subordinated Notes due 2024
 
May 5, 2015 Form 10-Q, Exhibit 4.3
 
 
 
 
 
4.17
 
Deposit Agreement dated July 26, 2016, by and among Belden Inc., American Stock Transfer & Trust Company, LLC, and The Holders of the Depositary Receipts Described Therein
 
July 26, 2016 Form 8-K, Exhibit 4.2
 
 
 
 
 
4.18
 
Indenture relating to 4.125% Senior Subordinated Notes due 2026
 
October 11, 2016 Form 8-K, Exhibit 4.1
 
 
 
 
 
4.19
 
Fifth Supplemental Indenture relating to 5.5% Senior Subordinated Notes due 2022
 
Filed herewith




 
 
 
 
 
Exhibit
Number
  
Description of Exhibit
  
The filings referenced for incorporation by
reference are Company (Belden Inc.) filings unless
noted to be those of Belden 1993 Inc.
 
 
 
 
 
4.20
 
Fourth Supplemental Indenture relating to 5.5% Senior Subordinated Notes due 2023
 
Filed herewith
 
 
 
 
 
4.21
 
Third Supplemental Indenture relating to 5.25% Senior Subordinated Notes due 2024
 
Filed herewith
 
 
 
 
 
4.22
 
First Supplemental Indenture relating to 4.125% Senior Subordinated Notes due 2026
 
Filed herewith
 
 
 
10.1
  
Trademark License Agreement
  
November 15, 1993 Form 10-Q of Belden 1993 Inc., Exhibit 10.2
 
 
 
10.2*
  
CDT 2001 Long-Term Performance Incentive Plan, as amended
  
April 6, 2009 Proxy Statement, Appendix I
 
 
 
10.3*
  
Belden Inc. 2011 Long Term Incentive Plan, as amended
  
April 6, 2011 Proxy Statement, Appendix I; February 29, 2012 Form 10-K, Exhibit 10.9; April 6,2016 Proxy Statement, Appendix II
 
 
 
10.4*
  
Form of Stock Appreciation Rights Award
  
February 29, 2008 Form 10-K, Exhibit 10.16; February 27, 2009 Form 10-K, Exhibit 10.16; May 6, 2014 Form 10-Q, Exhibit 10.1; August 3, 2016 Form 10-Q, Exhibit 10.1
 
 
 
10.5*
  
Form of Performance Stock Units Award
  
February 29, 2008 Form 10-K, Exhibit 10.17; February 27, 2009 Form 10-K, Exhibit 10.17; May 6, 2014 Form 10-Q, Exhibit 10.2; August 3, 2016 Form 10-Q, Exhibit 10.2
 
 
 
10.6*
  
Form of Restricted Stock Units Award
  
February 29, 2008 Form 10-K, Exhibit 10.18; February 27, 2009 Form 10-K, Exhibit 10.18; May 6, 2014 Form 10-Q, Exhibit 10.3
 
 
 
10.7*
  
Belden Inc. Annual Cash Incentive Plan, as amended and restated
  
February 29, 2012 Form 10-K, Exhibit 10.16
 
 
 
10.8*
  
2004 Belden CDT Inc. Non-Employee Director Deferred Compensation Plan
  
December 21, 2004 Form 8-K, Exhibit 10.1
 
 
 
10.9*
  
Belden Wire & Cable Company (BWC) Supplemental Excess Defined Benefit Plan, with First, Second and Third Amendments
  
March 22, 2002 Form 10-K of Belden 1993 Inc., Exhibits 10.14 and 10.15; March 14, 2003 Form 10-K of Belden 1993 Inc., Exhibit 10.21; November 15, 2004 Form 10-Q, Exhibit 10.50
 
 
 
10.10*
  
BWC Supplemental Excess Defined Contribution Plan, with First, Second and Third Amendments
  
March 22, 2002 Form 10-K of Belden 1993 Inc., Exhibits 10.16 and 10.17; March 14, 2003 Form 10-K of Belden 1993 Inc., Exhibit 10.24; November 15, 2004 Form 10-Q, Exhibit 10.51
 
 
 
10.11*
  
Trust Agreement, with First Amendment
  
November 15, 2004 Form 10-Q, Exhibits 10.52 and 10.53
 
 
 
10.12*
  
Trust Agreement, with First Amendment
  
November 15, 2004 Form 10-Q, Exhibits 10.54 and 10.55
 
 
 
10.13*
  
Amended and Restated Executive Employment Agreement with John Stroup, with First Amendment
  
April 7, 2008 Form 8-K, Exhibit 10.1, December 17, 2008 Form 8-K, Exhibit 10.1
 
 
 
10.14*
  
Amended and Restated Executive Employment Agreement with Henk Derksen
  
January 5, 2012 Form 8-K, Exhibit 10.1
 
 
 
10.15*
  
Executive Employment Agreement with Glenn Pennycook
  
August 8, 2013 Form 10-Q, Exhibit 10.1
 
 
 
10.16*
  
Executive Employment Agreement with Dhrupad Trivedi
  
August 8, 2013 Form 10-Q, Exhibit 10.2
 
 
 
10.17*
  
Executive Employment Agreement with Doug Zink
  
November 6, 2013 Form 10-Q, Exhibit 10.1




 
 
 
 
 
Exhibit
Number
  
Description of Exhibit
  
The filings referenced for incorporation by
reference are Company (Belden Inc.) filings unless
noted to be those of Belden 1993 Inc.
 
  
 
  
 
10.18*
  
Executive Employment Agreement with Ross Rosenberg
  
August 5, 2014 Form 10-Q, Exhibit 10.1
 
 
 
 
 
10.19*
  
Executive Employment Agreement with Roel Vestjens
  
August 5, 2014 Form 10-Q, Exhibit 10.2
 
 
 
10.20*
  
Executive Employment Agreement with Brian Anderson
  
May 5, 2015 Form 10-Q, Exhibit 10.1
 
 
 
 
 
10.21*
  
Executive Employment Agreement with Dean McKenna
  
August 4, 2015 Form 10-Q Exhibit 10.1
 
 
 
10.22*
  
Form of Indemnification Agreement with each of the Directors and Brian Anderson, Henk Derksen, Dean McKenna, Glenn Pennycook, Ross Rosenberg, John Stroup, Dhrupad Trivedi, Roel Vestjens, and Doug Zink
  
March 1, 2007 Form 10-K, Exhibit 10.39
 
 
 
10.23
  
ABL Credit Agreement
  
October 9, 2013 Form 8-K, Exhibit 10.1
 
 
 
10.24
  
Amendment No. 1 to Credit Agreement
  
August 17, 2015 Form 8-K, Exhibit 10.1
 
 
 
10.25
  
Purchase Agreement by and among Belden Inc., the Guarantors names therein, and Duetsche Bank AG
  
October 11, 2016 Form 8-K, Exhibit 10.1
 
 
 
 
 
10.26
  
Amendment No. 2 to Credit Agreement
  
May 22, 2017 Form 8-K, Exhibit 10.1
 
 
 
 
 
12.1
  
Computation of Ratio of Earnings to Fixed Charges
  
February 17, 2017 Form 10-K, Exhibit 12.1
 
 
 
14.1
  
Code of Ethics
  
August 26, 2016 Form 8-K, Exhibit 14.1
 
 
 
21.1
  
List of Subsidiaries of Belden Inc.
  
February 17, 2017 Form 10-K, Exhibit 21.1
 
 
 
23.1
  
Consent of Ernst & Young LLP
  
Filed herewith
 
 
 
24.1
  
Powers of Attorney from Members of the Board of Directors
  
February 17, 2017 Form 10-K, Exhibit 24.1
 
 
 
31.1
  
Rule 13a-14(a)/15d-14(a) Certification of the Chief Executive Officer
  
February 17, 2017 Form 10-K, Exhibit 31.1
 
 
 
31.2
  
Rule 13a-14(a)/15d-14(a) Certification of the Chief Financial Officer
  
February 17, 2017 Form 10-K, Exhibit 31.2
 
  
 
  
 
32.1
  
Section 1350 Certification of the Chief Executive Officer
  
February 17, 2017 Form 10-K, Exhibit 32.1
 
  
 
  
 
32.2
  
Section 1350 Certification of the Chief Financial Officer
  
February 17, 2017 Form 10-K, Exhibit 32.2
Exhibit 101.INS XBRL Instance Document
Exhibit 101.SCH XBRL Taxonomy Extension Schema
Exhibit 101.CAL XBRL Taxonomy Extension Calculation
Exhibit 101.DEF XBRL Taxonomy Extension Definition
Exhibit 101.LAB XBRL Taxonomy Extension Label