SUPPLEMENTAL GUARANTOR INFORMATION (Tables)

3 Months Ended

Mar. 31, 2012

SUPPLEMENTAL GUARANTOR INFORMATION

Supplemental Condensed Consolidated Balance Sheet Information

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Balance Sheet Information
March 31, 2012
(Unaudited)

(In thousands)	Parent Company			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Cash and cash equivalents	$	—		$	20,791	$	18,200		$	—		$	38,991
Receivables, net		—			909,574		82,444			(587,539	)		404,479
Inventories		—			230,920		106,079			—			336,999
Prepaid expenses and other		108			12,159		4,493			—			16,760
Deferred income taxes		—			15,978		225			—			16,203
Total current assets		108			1,189,422		211,441			(587,539	)		813,432
Property, plant and equipment, net		1,330			414,388		219,082			—			634,800
Long term receivables—affiliates		456,858			—		—			(456,858	)		—
Goodwill		—			105,043		111,902			—			216,945
Intangibles, net		—			43,447		2,481			—			45,928
Deferred income taxes		—			—		3,847			—			3,847
Other assets		14,944			48,958		8,506			—			72,408
Investment in Subsidiaries		1,291,123			—		—			(1,291,123	)		—
Total assets	$	1,764,363		$	1,801,258	$	557,259		$	(2,335,520	)	$	1,787,360
Liabilities and Stockholders' Equity
Current portion of long-term debt	$	29,000		$	—	$	—		$	—		$	29,000
Accounts payable		572,650			214,298		40,974			(578,139	)		249,783
Interest payable		9,657			—		—			—			9,657
Income taxes payable		(1,250	)		17,924		1,235			—			17,909
Accrued compensation		—			5,549		9,500			—			15,049
Other accrued liabilites		1,176			29,358		27,857			—			58,391
Total current liabilities		611,233			267,129		79,566			(578,139	)		379,789
Long-term debt		497,563			—		—			—			497,563
Lease financing obligation		—			—		112,119			—			112,119
Long-term payables—affiliates		—			—		466,258			(466,258	)		—
Liability for unrecognized income tax benefits		—			5,506		16,803			—			22,309
Deferred income taxes		19,515			163,869		—			—			183,384
Other non-current liabilities		107,946			64,719		2,073			(110,648	)		64,090
Total liabilities		1,236,257			501,223		676,819			(1,155,045	)		1,259,254
Total stockholders' equity (deficit)		528,106			1,300,035		(119,560	)		(1,180,475	)		528,106
Total liabilities and stockholders' equity	$	1,764,363		$	1,801,258	$	557,259		$	(2,335,520	)	$	1,787,360

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Balance Sheet Information
December 31, 2011

(In thousands)	Parent Company			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Cash and cash equivalents	$	—		$	43,374	$	45,201		$	—		$	88,575
Receivables, net		—			776,859		62,469			(582,579	)		256,749
Inventories		—			207,854		79,700			—			287,554
Prepaid expenses		146			12,264		3,340			—			15,750
Deferred income taxes		—			14,769		220			—			14,989
Total current assets		146			1,055,120		190,930			(582,579	)		663,617
Property, plant and equipment, net		1,292			422,302		217,306			—			640,900
Long term receivables—affiliates		447,661			—		—			(447,661	)		—
Goodwill		—			103,959		109,649			—			213,608
Intangibles, net		—			44,284		2,431			—			46,715
Deferred income taxes		—			—		3,770			—			3,770
Other assets		15,646			51,296		8,659			—			75,601
Investment in subsidiaries		1,226,725			—		—			(1,226,725	)		—
Total assets	$	1,691,470		$	1,676,961	$	532,745		$	(2,256,965	)	$	1,644,211
Liabilities and Stockholders' Equity
Current portion of long-term debt	$	—		$	—	$	—		$	—		$	—
Accounts payable		572,600			148,573		20,193			(573,179	)		168,187
Interest payable		20,930			—		1			—			20,931
Income taxes payable		(1,213	)		1,213		1,202			—			1,202
Accrued compensation		—			11,572		8,171			—			19,743
Other accrued liabilities		419			43,691		24,715			—			68,825
Total current liabilities		592,736			205,049		54,282			(573,179	)		278,888
Long-term debt		497,464			—		—			—			497,464
Lease financing obligation		—			—		109,899			—			109,899
Long-term payables—affiliates		—			—		457,061			(457,061	)		—
Liability for unrecognized income tax benefits		—			7,126		16,585			—			23,711
Deferred income taxes		16,054			165,411		—			—			181,465
Other non-current liabilities		96,552			63,734		2,071			(98,237	)		64,120
Total liabilities		1,202,806			441,320		639,898			(1,128,477	)		1,155,547
Total stockholders' equity (deficit)		488,664			1,235,641		(107,153	)		(1,128,488	)		488,664
Total liabilities and stockholders' equity	$	1,691,470		$	1,676,961	$	532,745		$	(2,256,965	)	$	1,644,211

Supplemental Condensed Consolidating Statement of Comprehensive Income

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Income and Comprehensive Income
Three Months Ended March 31, 2012
(Unaudited)

(In thousands, except share data)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	781,683		$	126,879		$	(48,633	)	$	859,929
Operating costs and expenses:
Cost of sales		—			692,783			112,245			(48,633	)		756,395
Selling, general and administrative expenses		7,823			23,193			16,712			—			47,728
(Gain) on sale of assets, restructuring expense and other, net		4,913			(17,454	)		92			—			(12,449	)
Total operating costs and expenses		12,736			698,522			129,049			(48,633	)		791,674
Operating (loss) income		(12,736	)		83,161			(2,170	)		—			68,255
Other income (expense):
Interest (expense) income, net		(21,502	)		12,995			(5,887	)		—			(14,394	)
Foreign exchange gain (loss)		219			(14	)		(351	)		—			(146	)
Equity in income (loss) of subsidiaries		57,677			(827	)		—			(56,850	)		—
Income (loss) before income taxes		23,658			95,315			(8,408	)		(56,850	)		53,715
(Benefit) provision for income taxes		(11,655	)		30,138			(81	)		—			18,402
Net income (loss)	$	35,313		$	65,177		$	(8,327	)	$	(56,850	)	$	35,313
Comprehensive income (loss)	$	38,259		$	64,399		$	(10,575	)	$	(53,824	)	$	38,259

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Income and Comprehensive Income
Three Months Ended March 31, 2011
(Unaudited)

(In thousands)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	706,845		$	128,748		$	(47,657	)	$	787,936
Operating costs and expenses:
Cost of sales		—			642,156			117,729			(47,657	)		712,228
Selling, general and administrative expenses		8,616			16,606			13,263			—			38,485
(Gain) on sale of assets, restructuring expense and other, net		—			—			582			—			582
Total operating costs and expenses		8,616			658,762			131,574			(47,657	)		751,295
Operating (loss) income		(8,616	)		48,083			(2,826	)		—			36,641
Other (expense) income:
Interest (expense) income, net		(19,165	)		8,480			(5,784	)		—			(16,469	)
Foreign exchange gain (loss)		54			12			(666	)		—			(600	)
Equity in income (loss) of subsidiaries		29,310			(2,949	)		—			(26,361	)		—
Income (loss) before income taxes		1,583			53,626			(9,276	)		(26,361	)		19,572
(Benefit) provision for income taxes		(10,545	)		17,710			279			—			7,444
Net income (loss)	$	12,128		$	35,916		$	(9,555	)	$	(26,361	)	$	12,128
Comprehensive income (loss)	$	17,103		$	35,743		$	(12,166	)	$	(23,577	)	$	17,103

Supplemental Condensed Consolidating Statement of Cash Flows Information

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Cash Flows Information
Three Months Ended March 31, 2012
(Unaudited)

(In thousands)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net cash used in operating activities	$	(30,773	)	$	(33,038	)	$	(21,704	)	$	—		$	(85,515	)
Cash flows from investing activities:
Capital expenditures		(107	)		(9,051	)		(4,383	)		—			(13,541	)
Proceeds from sale of assets		—			19,300			43			—			19,343
Distributions from affiliate		1,854			206			—			(2,060	)		—
Net cash provided by (used in) investing activities		1,747			10,455			(4,340	)		(2,060	)		5,802
Cash flows from financing activities:
Net change in ABL revolver		29,000			—			—			—			29,000
Return on capital		—			—			(2,060	)		2,060			—
Excess tax benefits from share-based payment arrangements		26			—			—			—			26
Net cash provided by (used in) financing activities		29,026			—			(2,060	)		2,060			29,026
Effect of exchange rate changes on cash and cash equivalents		—			—			1,103			—			1,103
Net change in cash and cash equivalents		—			(22,583	)		(27,001	)		—			(49,584	)
Cash and cash equivalents at beginning of period		—			43,374			45,201			—			88,575
Cash and cash equivalents at end of period	$	—		$	20,791		$	18,200		$	—		$	38,991

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Cash Flows Information
Three Months Ended March 31, 2011
(Unaudited)

(In thousands)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Net cash provided by (used in) operating activities	$	4,262		$	(55,458	)	$	(25,406	)	$	—	$	(76,602	)
Cash flows from investing activities:
Capital expenditures		—			(9,468	)		(1,401	)		—		(10,869	)
Proceeds from sale of assets		—			16			6			—		22
Acquisition, net of cash acquired		—			(71,623	)		—			—		(71,623	)
Net cash used in investing activities		—			(81,075	)		(1,395	)		—		(82,470	)
Cash flows from financing activities:
Net change in ABL revolver		68,800			(4	)		2,018			—		70,814
Fees paid related to financing activities		(863	)		—			(617	)				(1,480	)
Intercompany financing to fund acquisition		(72,212	)		72,212			—			—		—
Excess tax benefits from share-based payment arrangements		13			—			—			—		13
Net cash (used in) provided by financing activities		(4,262	)		72,208			1,401			—		69,347
Effect of exchange rate changes on cash and cash equivalents		—			—			465			—		465
Net change in cash and cash equivalents		—			(64,325	)		(24,935	)		—		(89,260	)
Cash and cash equivalents at beginning of period		—			93,681			29,077			—		122,758
Cash and cash equivalents at end of period	$	—		$	29,356		$	4,142		$	—	$	33,498