-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PjEFbUsZ0HWlXI5oarqj/3qQ2Ukzb6ZooOlYXyWHcXDY0tr72KkxfWQQt+EMYuxS hfooAUSmTsCiFC+8nzltPg== 0000026058-04-000013.txt : 20040210 0000026058-04-000013.hdr.sgml : 20040210 20040210151549 ACCESSION NUMBER: 0000026058-04-000013 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040209 ITEM INFORMATION: ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CTS CORP CENTRAL INDEX KEY: 0000026058 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 350225010 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04639 FILM NUMBER: 04581668 BUSINESS ADDRESS: STREET 1: 905 WEST BOULEVARD NORTH CITY: ELKHART STATE: IN ZIP: 46514 BUSINESS PHONE: 5742937511 MAIL ADDRESS: STREET 1: 905 W BLVD NORTH CITY: ELKHART STATE: IN ZIP: 46514 8-K 1 form8k-balance_sheets.htm BALANCE SHEETS Form 8-K Balance Sheets

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934



Date of Report (Date of Earliest Event Reported):  February 10, 2004



CTS CORPORATION

(Exact Name of Registrant as Specified in its Charter)



  Indiana
   1-4639
   35-0225010
  
  (State or other jurisdiction
of incorporation)		   (Commission File Number)   (IRS Employer
Identification Number)		  



  905 West Boulevard North, Elkhart, IN
   46514
  
  (Address of principal executive offices)   (Zip Code)  


   
  Registrant’s telephone number, including area code: 574-293-7511


(Former Name or Former Address, if Changed Since Last Report)

Item 7.   Financial Statements and Exhibits.
     
    (a)      Financial Statements of Business Acquired.
           Not applicable.
     
    (b)      Pro Forma Financial Information.
           Not applicable.
     
    (c)      Exhibits.
     
    The following exhibit is filed with this report:
     
    Exhibit No.           Exhibit Description
         99.1                   Condensed Consolidated Balance Sheets-Unaudited
     
Item 12.   Results of Operations and Financial Condition

Attached hereto as Exhibit 99.1 and incorporated herein by reference is CTS' Condensed Consolidated Balance Sheets-Unaudited for the years ended December 31, 2003 (unaudited) and December 31, 2002.

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

      CTS Corporation  
         
      /s/ Richard G. Cutter  
     
 
      By: Richard G. Cutter
       Vice President, Secretary
       and General Counsel
         
Dated: February 10, 2004        

2

EXHIBIT INDEX

Exhibit No.   Exhibit Description
     
99.1   Condensed Consolidated Balance Sheets-Unaudited

3

 EX-99 3 ex99_1-balancesheets.htm 99.1 - BALANCE SHEETS Exhibit 99.1

FORM 8-K

EXHIBIT 99.1

CTS CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS - Unaudited
(In thousands of dollars)
                       
          December 31, 2003   December 31, 2002*
         
 
          (UNAUDITED)    
Cash and equivalents   $ 25,346     $ 9,225  
Accounts receivable, net     72,290       63,802  
Inventories, net     31,925       36,262  
Other current assets     35,205       43,045  
     
     
 
    Total current assets     164,766       152,334  
     
     
 
                       
Property, plant and equipment, net
     122,481       148,632  
Other assets     195,003       189,066  
     
     
 
      Total Assets   $ 482,250     $ 490,032  
     
     
 
                       
                       
Current maturities of long-term debt   $ --     $ 28,350  
Accounts payable     52,252       44,490  
Other accrued liabilities     43,437       61,716  
     
     
 
    Total current liabilities     95,689       134,556  
     
     
 
                       
Long-term debt     75,880       67,000  
Other obligations     16,490       23,456  
Shareholders’ equity     294,191       265,020  
     
     
 
      Total Liabilities and Shareholders' Equity   $ 482,250     $ 490,032  
     
     
 
                       
*The balance sheet at December 31, 2002 has been derived from the audited financial statements at that date.
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