Income Statement

Vertical2011

Vertical 2010

Horizontal

Sales

Other Revenue

Total

Less

Cost of Goods Sold

Operation & Admin Expenses

Income Tax

Interest Expense

Total

Net Income

Because of economic decline and uncertainties of unemployment, energy prices, etc. 2010 was in over deflation and 2011 had an overall inflation (2011 Annual Report, 2011). Income tax increased in 2011 due to repatriation taxes on dividends from a Canadian subsidiary.

Balance Sheet

Vertical 2011

Vertical 2010

Horizontal

Cash & equivalent

Receivables

Inventories

Prepaid Expenses

Total

Property'

Depreciation & Amortization

-71.30%

-68.20%

Goodwill

Invest. Unconsolidated affiliate

Other Assets

Total Assets

Cur. Note Maturities

Cur. Cap. Lease Obligation

Accounts Payable

Accrued Sal. & Wages

3.30%

3.10%

6.80%

Deferred Income Tax

0.40%

0.60%

36.40%

Other Accrued Liabilities

4.80%

4.50%

5.80%

Total Current Liability

33.40%

28.50%

16.80%

Long-term Notes

27.60%

5.60%

8.40%

Cap. Lease Obligation

2.70%

3.00%

11.30%

Deferred Income Tax

0.90%

1.00%

7.60%

Pension Obligation

6.00%...
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