EX-13.C 7 l92318aex13-c.txt EXHIBIT 13-C
Exhibit 13-c CONSOLIDATED BALANCE SHEET October 28, 2001 and October 29, 2000 2001 2000 -------------------------------------------------------------------------------------------------------------------- (In thousands) ASSETS Current assets: Cash and cash equivalents $ 7,881 $ 785 Marketable securities 62 30 Receivables 167,822 191,371 Inventories 139,186 134,922 Deferred income taxes 37,564 32,747 Prepaid expenses 9,662 9,383 -------------------------------------------------------------------------------------------------------------------- TOTAL CURRENT ASSETS 362,177 369,238 Property, plant and equipment - net 133,332 126,910 Intangible assets - net 343,106 93,763 Deferred income taxes 3,726 7,679 Other assets 20,112 12,450 -------------------------------------------------------------------------------------------------------------------- $ 862,453 $ 610,040 -------------------------------------------------------------------------------------------------------------------- LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Notes payable $ 194,964 $ 91,697 Accounts payable 55,357 74,151 Income taxes payable 2,926 4,095 Accrued liabilities 71,404 65,305 Customer advance payments 12,992 10,226 Current maturities of long-term debt 14,580 4,230 Current obligations under capital leases 3,430 3,304 -------------------------------------------------------------------------------------------------------------------- TOTAL CURRENT LIABILITIES 355,653 253,008 Long-term debt 188,078 57,498 Obligations under capital leases 3,695 3,302 Pension and retirement obligations 50,144 47,484 Other liabilities 1,157 1,525 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 114,889 103,142 Retained earnings 499,570 493,273 Accumulated other comprehensive loss (18,358) (11,946) Common shares in treasury, at cost (344,194) (348,979) Deferred stock-based compensation (434) (520) -------------------------------------------------------------------------------------------------------------------- TOTAL SHAREHOLDERS' EQUITY 263,726 247,223 -------------------------------------------------------------------------------------------------------------------- $ 862,453 $ 610,040 --------------------------------------------------------------------------------------------------------------------
The accompanying notes are an integral part of the consolidated financial statements.