EX-99.4 5 exhibit99-4.htm CONDENSED CONSOLIDATED BALANCE SHEET

PHOTRONICS, INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
(in thousands)

November 3, October 28,
2013        2012
Assets
 
Current assets:
       Cash and cash equivalents $       215,615 $       218,043
       Accounts receivable 73,357 75,685
       Inventories 18,849 17,702
       Other current assets 10,645 8,364
 
              Total current assets 318,466 319,794
 
Property, plant and equipment, net 422,740 380,808
Investment in joint venture 93,124 93,252
Intangible assets, net 34,080 37,384
Other assets 17,519 17,996
 
$ 885,929 $ 849,234
  
Liabilities and Equity
 
Current liabilities:
       Current portion of long-term borrowings $ 11,818 $ 7,781
       Accounts payable and accrued liabilities 92,769 77,732
 
              Total current liabilities 104,587 85,513
 
Long-term borrowings 182,203 168,956
Other liabilities 11,308 8,764
 
Equity 587,831 586,001
 
$ 885,929 $ 849,234