EX-99.2 4 y53469ex99-2.txt PRO FORMA CONDENSED BALANCE SHEET 1 PRO FORMA CONDENSED BALANCE SHEET July 1, 2001 (UNAUDITED) (IN THOUSANDS OF DOLLARS EXCEPT PER SHARE AMOUNTS)
TRANSTECHNOLOGY CORPORATION PRO FORMA PRO FORMA HISTORICAL ADJUSTMENTS CONDENSED ------------ ------------ ------------- CURRENT ASSETS: Accounts receivable $ 53,838 $ (5,719) $ 48,119 Inventories 59,752 (5,749) 54,003 Other current assets 9,700 (45) 9,655 ------------ ------------ ------------- Total current assets 123,290 (11,513) 111,777 Property, plant and equipment 149,184 (21,936) 127,248 Less accumulated depreciation and amortization 68,747 (11,076) 57,671 ------------ ------------ ------------- Property - net 80,437 (10,860) 69,577 Costs in excess of acquired businesses 138,997 (1,637) 137,360 Other assets 40,332 (132) 40,200 ------------ ------------ ------------- TOTAL $ 383,056 $ (24,142) $ 358,914 ============ ============ ============= LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Callable long term debt $ 266,401 $ (47,385) $ 219,016 Other current liabilities 43,840 6,551 50,391 ------------ ------------ ------------- Total current liabilities 310,241 (40,834) 269,407 Other long-term liabilities 21,653 (782) 20,871 STOCKHOLDERS' EQUITY Common stock 67 - 67 Additional paid-in capital 78,091 - 78,091 Notes receivable from officers (191) - (191) (Accumulated deficit) retained earnings (9,640) 16,519 6,879 Accumulated other comprehensive loss (7,873) 955 (6,918) Unearned compensation (221) - (221) Less treasury stock, at cost (9,071) - (9,071) ------------ ------------ ------------- Total stockholders' equity 51,162 17,474 68,636 ------------ ------------ ------------- TOTAL $ 383,056 $ (24,142) $ 358,914 ============ ============ =============