MERGENT INDUSTRIAL. Friday, December 26, Volume 85 No. 12 NEWS REPORTS

Transcription

1 MERGENT INDUSTRIAL NEWS REPORTS Friday, December 26, Volume 85 No. 12 NEW COMPANY DESCRIPTIONS (For details on individual listings, see the News Section of this issue) Bionomics Limited Hugo Boss AG (Germany, Fed. Rep) Scorpio Mining Corp Webjet Ltd. 4CABLE TV INTERNATIONAL INC Net Sales , ,698 Cost & expenses ,128, ,441 Operating income (315,992) 19,257 Interest expense ,496 31,616 Net income (418,488) (12,359) Primary $(0.01) $ Fully Diluted $(0.01) $ Full Diluted ,105,233 19,920,073 Year-end ,126,665 44,550,000 ABBOTT LABORATORIES Acquisition Completed On Dec. 12,, Co. acquired control of Veropharm. Terms of the transaction were not disclosed. ABERCROMBIE & FITCH CO. Net Sales ,624,486 2,817,760 Cost & expenses ,603,133 2,847,887 Operating income ,353 (30,127) Net before taxes ,764 (35,159) Income taxes ,331 (23,682) Net income ,433 (11,477) Primary $0.10 $(0.15) Fully Diluted $0.10 $(0.15) Full Diluted ,870 77,387 Year-end ,336 76,395 ACCSYS TECHNOLOGIES PLC Consolidated Income Statement, Years Ended Mar. 31 (Eu000): 2012 Accoya wood revenue 29,293 16,555 13,574 License revenue , Other revenue ,085 1,714 1,353 Total revenue ,512 18,822 15,002 Total cost of sales.... (25,753) (15,474) (15,050) Gross profit (loss).... 7,759 3,348 (48) Sales & marketing... (2,882) (2,908) (2,264) Research & development (1,151) (1,240) (1,416) Depreciation & amortization (2,377) (2,256) (2,159) Other operating costs (2,243) (2,104) (2,307) Administrative costs (6,320) (5,040) (4,351) Impairment (release of impairment) of licensee receivables (2,281) Operating profit (loss) (7,214) (10,200) (14,826) Share of joint NOTICE Items in this issue will be listed online weekly and printed monthly. venture profit (loss) (905) (430)... Interest receivable on bank & other deposits Finance income Arnham land sale & leaseback finance charge (226) (244) (173) Equity line of credit costs (67) Finance expense..... (226) (244) (240) Profit (loss) before taxation (8,190) (10,668) (14,912) Tax charge (credit)... (699) (355) 536 Profit (loss) for the period (8,889) (11,023) (14,376) ordinary shares outstanding - basic , , ,657 ordinary shares outstanding - diluted , , ,657 Year end ordinary , , ,017 Basic earnings (loss) per ordinary share Eu(0.02) Eu(0.03) Eu(0.04) Diluted earnings (loss) per ordinary share Eu(0.02) Eu(0.03) Eu(0.04) Reclassified to conform with presentation; 2 As is; 3 Average Consolidated Balance Sheet, Years Ended Mar. 31 (Eu000): Internal development costs, net ,723 1,341 Intellectual property rights, net ,379 2,654 Goodwill, net ,231 4,231 Intangible assets ,333 8,226 Investment in joint venture equipment, cost ,501 33,054 depreciation - property, plant & equipment (12,761) (10,783) equipment ,740 22,271 Deferred tax Total non-current assets ,413 31,425 Inventories ,053 4,860 Trade receivables ,060 2,294 Other receivables Prepayments ,031 1,145 Trade & other receivables ,477 3,688 Cash & cash equivalents ,185 20,467 Corporation tax Total current assets ,161 29,638 Trade payables ,790 2,333 Other taxes & social security payable Accruals & deferred income , Trade & other payables ,557 3,357 Obligation under finance lease Total current liabilities ,821 3,621 Net current assets ,340 26,017 Obligation under finance lease ,871 1,924 Total non-current liabilities ,871 1,924 Net assets ,882 55,518 Share capital - ordinary shares ,392 4,332 Share premium account , ,588 Capital redemption reserve Warrants reserve Merger reserve , ,707 (accumulated loss) (192,223) (184,511) Own shares (47) (39) Foreign currency translation reserve Total equity ,882 55,518 1 As reported by Company AECOM TECHNOLOGY CORP (DE) Consolidated Income Statement, Years Ended Sept Revenue ,356,783 8,153,495 8,218,180 Cost of revenue ,953,607 7,703,507 7,796,321 Gross profit , , ,859 Equity in earnings of joint ventures ,924 24,319 48,650 General & expense ,908 97,318 80,903 Acquisition & integration expenses , Goodwill impairment ,000 operations , ,989 53,606 Other income (expense) ,748 3,522 10,603 Interest income (expense), net (40,842) (44,737) (46,726) before - domestic , ,800 (89,200) before - foreign , , ,700 before income tax expense , , ,483 Current federal (benefit) ,300 30,300 29,300 Current state (benefit) ,300 9,900 2,100 Current foreign

2 1772 MERGENT INDUSTRIAL NEWS December 26, (benefit) ,300 59,700 63,300 Total current (benefit) ,900 99,900 94,700 Deferred federal (benefit) ,700 5,800 (19,200) Deferred state (benefit) ,600 (10,600) 600 Deferred foreign (benefit) (6,200) (2,500) (1,700) Total deferred (benefit) ,100 (7,300) (20,300) 1 Reclassified to conform with presentation; 2 Rounding difference, breakdown taken from notes; 3 As is; 4 As of November 5, ; 5 As of November 7, 2013; 6 As of November 7, 2012 Consolidated Balance Sheet, Years Ended Sept. 30 Cash & cash equivalents , ,328 Cash in consolidated joint ventures , ,349 Total cash & cash equivalents , ,677 Billed accounts receivable ,248,400 1,177,600 Unbilled accounts receivable ,214,800 1,076,800 Contract retentions , ,300 Allowance for doubtful accounts ,100 86,400 Accounts receivable - net ,654, ,342,262 Prepaid expenses & other current assets , ,714 Income taxes receivable , Deferred tax assets - net ,872 19,949 Total current assets ,434,113 3,131,602 Building & land ,500 4,400 Leasehold improvements , ,900 Computer systems & equipment , ,000 Furniture & fixtures , ,400 Automobiles ,800 5,400 Total property & equipment , ,100 Accumulated depreciation & amortization , ,400 Property & equipment - net , ,672 Deferred tax assets - net , ,478 Investments in unconsolidated joint ventures , ,422 Goodwill ,937,338 1,811,754 Intangible assets - net ,238 83,149 Other non-current assets , ,546 Total assets ,123,377 5,665,623 Short-term debt ,915 29,578 Accounts payable ,047, ,389 Accrued salaries & benefits , ,600 Accrued contract costs , ,200 Other accrued expenses , ,500 Income taxes payable ,127 Billings in excess of costs on uncompleted contracts , ,486 Current portion of long-term debt ,498 54,687 Total current liabilities ,455,769 2,053,549 Pension liabilities , ,700 Reserve for uncertain tax positions ,600 60,200 Other long-term liabilities , ,000 Unsecured term credit agreement , ,000 Unsecured senior notes , ,200 Unsecured revolving credit facility ,700 Other debt ,600 48,400 Less: current portion of debt & short-term borrowings ,400 84,300 Income tax expense , , , , ,196 (56,933) Less: noncontrolling interests in income of consolidated subsidiaries, net of tax (2,910) (3,953) (1,634) AECOM Technology Corporation , ,243 (58,567) - basic , , ,875 - diluted , , ,875 Long-term debt outstanding ,716 96, ,041 per share-basic $2.36 $2.38 $(0.52) per share-diluted..... $2.33 $2.35 $(0.52) 3 43, , , , , , , ,089,060 Total liabilities ,850,897 3,591,529 Common stock Additional paid-in capital ,864,971 1,809,627 Pension related adjustments (217,000) (192,800) Foreign currency translation adjustment (137,800) (66,400) Gain (loss) on derivative instruments (1,800) (2,100) (loss) (356,602) 2 (261,299) (deficit accumulated) , ,155 Total AECOM Technology Corporation stockholders equity (deficit) ,186,517 2,021,443 Noncontrolling interests ,963 52,651 Total stockholders equity (deficit) ,272,480 2,074,094 1 Reclassified to conform with presentation; 2 Rounding difference, breakdown taken from notes AEROCENTURY CORP. Acquisition Completed On Dec. 12,, Co. acquired two Bombardier CRJ900 Aircraft from Adria Airways d.d. for an aggregate purchase price of $28,000,000 in cash. AEROPOSTALE INC Total revenues ,244,902 1,420,895 Cost & expenses ,444,075 1,526,227 Operating income (199,173) (105,332) Net before taxes (204,981) (106,037) Income taxes (12,057) (34,512) Net income (192,924) (71,525) Primary $(2.45) $(0.91) Fully Diluted $(2.45) $(0.91) Full Diluted ,775 78,442 Year-end ,096 78,494 AETHLON MEDICAL INC Earnings, 6 mos. to Sep 30(Consol. $): Cost & expenses ,303,571 1,854,075 Operating income (1,773,200) (1,013,592) Other income (expense), net (2,674,486) (2,423,133) Net income (4,592,485) (3,653,168) Primary $(0.02) $(0.02) Fully Diluted $(0.02) $(0.02) Full Diluted ,494, ,004,220 Year-end ,713, ,758,061 AIR PRODUCTS & CHEMICALS, INC. Interest Sale Completed On Dec. 10,, Co. sold a hydrogen fueling station to Hyundai Motor Company Australia. Terms of the transaction were not disclosed. ALCOA, INC. Interest Sale Completed On Dec. 1,, Century Aluminum Co., through its wholly owned subsidiary, Berkeley Aluminum, Inc., acquired Co. s 50.3% stake in the Mt. Holly aluminum smelter for approximately $53,800,000. The transaction remains subject to post-closing adjustments for (i) working capital, (ii) pension funding, (iii) changes in the Midwest Transaction Price between July 2, and Dec. 31, 2015 and (iv) a true-up process intended to place the parties in approximately the same economic position as they would have been in had the transaction closed on Sept. 30,. AMERICAN EAGLE OUTFITTERS, INC. Earnings, 9 mos. to (Consol. $): Net Sales ,211,014,0002,264,095,000. Cost & expenses ,063,147,0002,049,746,000 Deprec., depl. & amort ,312,000 97,271,000 Operating income ,555, ,078,000 Other income (expense), net ,185, ,000 Net before taxes ,740, ,065,000 Income taxes ,027,000 45,592,000 Net income ,713,000 72,473,000 Primary $0.10 $0.38 Fully Diluted $0.10 $0.37 Full Diluted ,934, ,021,000 Year-end ,491, ,787,000 AMERICAN INTERNATIONAL VENTURES, INC. (DE) Earnings, 3 mos. to Aug 31(Consol. $): Net Sales , ,411 Cost & expenses , ,472 Operating income (302,646) (267,061) Interest expense ,679 10,342 Other income (expense), net ,790 81,450 Gains or losses , Net before taxes (288,035) (195,953) Income taxes ,277 1,361 Net income (299,312) (197,314) Full Diluted ,829, ,694,827 Year-end ,870, ,970,044 Consolidated Balance Sheet Items, as of ($): Assets: Cash & equivalents ,125 Inventories ,444 Current assets ,213 Net property & equip ,682 Total assets ,840,102 Liabilities: Current liabilities ,684 Long-term debt ,298 Stockholders equity ,996 Net current assets (746,471) AMERIGAS PARTNERS, L.P. Consolidated Income Statement, Years Ended Sept Propane revenues.... 3,440,868 2,884,766 2,677,631 Other revenues , , ,985 Total revenues ,712,935 3,166,543 2,921,616 Cost of sales - propane ,034,592 1,571,574 1,642,658 Cost of sales -

3 December 26, MERGENT INDUSTRIAL NEWS 1773 other ,982 88,479 77,071 Operating & expenses , , ,693 Depreciation expenses , , ,225 Amortization ,195 43,565 34,898 Gains on sales of fixed assets ,524 4,115 3,169 Finance charges (17,459) (21,390) (18,841) Other income ,467 6,998 4,511 Total costs & expenses ,250,302 2,774,349 2,751,024 Operating income (loss) , , ,592 Gain (loss) on extinguishments of debt (13,349) Interest expense , , ,641 before.. 297, ,762 14,602 Income tax expense (benefit) ,611 1,671 1, , ,091 12,671 Less: net income noncontrolling interests (4,548) (3,869) (1,646) AmeriGas Partners, L. P , ,222 11,025 General partner s interest in net income attributable to AmeriGas Partners, L.P ,749 21,498 13,119 Limited partners interest in net income attributable to AmeriGas Partners, L.P , ,724 (2,094) limited partner units outstanding - basic ,876 92,832 81,433 limited partner units outstanding - diluted ,946 92,910 81,433 Year end units outstanding ,867 92,825 92,801 per limited partner unit - basic $2.82 $2.14 $(0.11) per limited partner unit - diluted $2.82 $2.14 $(0.11) Cash distributions declared per limited partner unit $3.44 $3.28 $3.10 Number of full time 1 2 8, , ,660 Number of part time , , ,200 unitholders As is; 2 Approximately; 3 As of November 21, ; 4 As of November 15, 2013; 5 As of November 15, 2012 Consolidated Balance Sheet, Years Ended Sept. 30 Cash & cash equivalents ,480 12,635 Accounts receivable, gross , ,253 Less allowances for doubtful accounts ,681 18,552 Accounts receivable , ,701 Accounts receivable - related parties ,925 1,509 Propane gas , ,410 Materials, supplies & other inventories ,680 22,860 Appliances for sale ,234 5,658 Inventories , ,928 Derivative instruments ,036 Prepaid expenses & other current assets ,290 23,185 Total current assets , ,994 Land , ,405 Buildings & improvements , ,638 Transportation equipment , ,242 Storage facilities , ,251 Equipment, primarily cylinders & tanks ,598,120 1,688,512 Other property, plant & equipment, including work in progress , ,154 Gross property, plant & equipment ,626,677 2,669,202 Less accumulated depreciation & amortization ,239,767 1,231,688 equipment, net ,386,910 1,437,514 Goodwill ,945,748 1,936,608 Intangible assets, net , ,649 Derivative instruments Other assets ,154 64,690 Total assets ,364,058 4,437,671 Current maturities of long-term debt ,589 12,014 Short term borrowings , ,900 Accounts payable - trade , ,705 Accounts payable - related parties ,081 1,071 Employee compensation & benefits accrued ,501 44,671 Interest accrued ,701 49,013 Customer deposits & advances , ,122 Derivative instruments , Litigation, property & casualty liabilities ,933 34,250 Taxes other than income taxes ,353 9,922 Propane exchange liabilities ,402 16,654 Deferred tank fee revenue ,239 22,044 Other current liabilities ,169 15,775 Total current liabilities , ,276 AmeriGas Partners senior notes ,250,845 2,250,845 Heritage Operating, L.P. (HOLP) senior secured notes ,497 32,001 Other long-term debt ,392 17,265 Less: current maturities ,589 12,014 Long-term debt ,280,145 2,288,097 Derivative instruments Other noncurrent liabilities , ,161 Total liabilities ,003,168 3,013,534 Common unitholders ,299,260 1,354,187 General partner ,460 15,930 (loss) ,794 14,986 Total AmeriGas Partners, L. P. partners capital ,322,514 1,385,103 Noncontrolling interests ,376 39,034 Total partners capital ,360,890 1,424,137 1 Reclassified to conform with presentation AMERIGAS PARTNERS, L.P. Other On Aug. 12,, Co. engaged Ernst & Young LLP as Co. s new independent registered public accounting firm. On Nov. 26,, Co. dismissed PricewaterhouseCoopers LLP as Co. s independent registered public accounting firm. AMERISOURCEBERGEN CORP. Consolidated Income Statement, Years Ended Sept Revenue ,569,127 87,959,167 78,080,806 Cost of goods sold ,586,761 85,451,348 75,446,120 Gross profit ,982,366 2,507,819 2,634,686 Distribution, selling & expense ,587,261 1,333,712 1,152,556 Depreciation , , ,828 Amortization ,962 27,139 21,547 Warrants ,739 90, Employee severance, litigation & other operating expenses... 8,192 23,467 44,140 Operating income (loss) , ,399 1,303,615 Other income (loss).. 4,360 (44) 5,827 Interest expense, net ,862 73,897 92,569 Gain (loss) on early retirement of debt (32,954) Income before Domestic , ,137 1,193,047 Income before Foreign ,519 31,321 23,826 Income from operations before , ,458 1,216,873 Current income tax - federal , , ,843 Current income tax - state & local ,301 37,602 32,438 Current income tax - foreign ,733 8,391 4,953 Total current income tax , , ,234 - federal ,576 29,189 47,348 - state & local ,842 (3,375) 11,959 - foreign (106) (241) 1,971 Total deferred income tax... 39,312 25,573 61,278 Income taxes , , ,512 operations , , ,361 operations, net of income tax (7,546) (59,728) (42,375) , , ,986 common shares outstanding - basic , , ,906 common shares outstanding - diluted , , ,903 outstanding , , ,394 share- operations - basic.... $1.25 $2.14 $3.01 share- operations - basic.... $(0.03) $(0.26) $(0.17)

4 1774 MERGENT INDUSTRIAL NEWS December 26, per share - basic..... $1.22 $1.88 $2.84 share- operations - diluted $1.21 $2.10 $2.96 share- operations - diluted $(0.03) $(0.25) $(0.16) share-rounding - diluted $(0.01) $(0.01)... per share - diluted.... $1.17 $1.84 $2.80 Dividends per common share $0.94 $0.84 $0.52 Number of full time , , Number of part time 2 3 1, , , , , , Restated to reflect AndersonBrecon and AmerisourceBergen Canada Corporation as operations; 2 As is; 3 Approximate; 4 As of October 31, ; 5 As of October 31, 2013 Consolidated Balance Sheet, Years Ended Sept. 30 Cash & cash equivalents ,808,513 1,231,006 Accounts receivable, gross ,311,266 6,410,081 Less allowances for returns & doubtful accounts , ,161 Accounts receivable, net ,312,883 6,051,920 Merchandise inventories ,593,852 6,981,494 Prepaid expenses & other current assets , ,231 Total current assets ,800,205 14,393,651 Land ,538 37,538 Buildings & improvements , ,150 Machinery, equipment & other property & equipment ,295,854 1,109,731 Total property & equipment ,692,429 1,471,419 Less accumulated depreciation , ,858 Property & equipment, net , ,561 Goodwill & other intangible assets ,481,744 3,499,713 Other assets , ,713 Total assets ,532,183 18,918,638 Accounts payable ,592,834 13,335,792 Accrued expenses & other current liabilities , ,564 Deferred ,095,463 1,002,279 Total current liabilities ,250,160 14,870,635 Senior notes ,995,632 1,396,606 Long-term debt, net of current portion ,995,632 1,396,606 Other liabilities , ,652 Common stock ,711 2,678 Additional paid-in capital ,749,185 2,360,992 (accumulated deficit) ,570,429 1,508,414 Pension & postretirement adjustments (32,212) (34,612) Foreign currency translation (19,388) (844) Other accumulated other (loss) (446) (27) (loss) (52,046) (35,483) Treasury stock, at cost ,313,380 1,516,856 Total stockholders equity (deficit) ,956,899 2,319,745 ANTERO MIDSTREAM PARTNERS LP Earnings, 9 mos. to Sep 30(Consol. $000): Total revenues ,978 12,630 Cost & expenses ,736 6,314 Operating income ,251 (380) Interest expense , Net income ,118 (486) Year-end , ARAMARK Consolidated Income Statement, Years Ended 10/03/14 09/27/13 09/28/12 Sales ,832,913 13,945,657 13,505,426 Cost of services provided ,363,918 12,661,145 12,191,419 Depreciation & amortization , , ,213 Selling & general corporate expenses , , ,019 Total cost & expenses ,268,350 13,431,183 12,923,651 operations , , ,775 Interest expense , , ,083 Interest income ,338 6,430 5,477 Other financing costs ,782 4,650 3,201 Interest & other financing costs, net (334,886) (423,845) (456,807) Income before United States ,936 18,557 34,498 Income before Non-United States ,741 72,072 90,470 Income from (loss) operations before ,677 90, ,968 Current federal ,692 2,740 45,173 Current state & local... 5, ,205 Current foreign ,846 34,158 32,301 Current income taxes ,846 37,024 84,679 Deferred federal ,843 (1,007) (42,515) Deferred state & local... 2,515 (656) (11,189) Deferred foreign ,014 (16,128) (12,909) Deferred income taxes ,372 (17,791) (66,613) Provision (benefit) for ,218 19,233 18,066 operations ,459 71, ,902 operations, net of tax (1,030) ,459 70, ,199 Less: net income noncontrolling interest (503) (1,010) (3,648) ARAMARK Holdings 148,956 69, ,551 shares outstanding-basic , , ,211 shares outstanding-diluted , , ,707 outstanding , , ,573 share - continued operatrions - basic... $0.66 $0.35 $0.51 share - operations - basic $(0.01)... per share - basic..... $0.66 $0.34 $0.51 share - continued operatrions - diluted $0.63 $0.34 $0.49 share - operations - diluted $(0.01)... per share - diluted.... $0.63 $0.33 $0.49 Number of full time Number of part time , , , , , , Approximately; 2 As is; 3 As reported by Company; 4 As of November 28, Consolidated Balance Sheet, Years Ended 10/03/14 09/27/13 Cash & cash equivalents , ,998 Receivables, gross ,619,812 1,440,519 Less: allowances ,381 34,676 Receivables, net ,582,431 1,405,843 Inventories , ,972 Prepayments & other current assets , ,352 Total current assets ,464,976 2,287,165 Land, buildings & improvements , ,591 Service equipment & fixtures ,745,146 1,642,395 Property & equipment, gross ,355,715 2,253,986 depreciation ,358,384 1,276,663 Property & equipment, net , ,323 Goodwill ,589,680 4,619,987 Other intangible assets ,252,741 1,408,764 Other assets ,150, ,867 Total assets ,455,693 10,267,106 Current maturities of long-term borrowings ,805 65,841 Accounts payable , ,969 Accrued payroll & related expenses , ,894 Accrued expenses & other current liabilities , ,549 Total current liabilities ,378,873 2,389,253 Senior secured revolving credit facility ,000 Senior secured term loan facility ,985,998 4,425,908 Senior notes ,000,000 1,000,000 Receivables facility , ,000 Capital leases ,420 52,385 Other long-term borrowings ,176 35,777 Less: current portion ,805 65,841 Long term borrowings, net ,355,789 5,758,229 Deferred & other noncurrent

5 December 26, MERGENT INDUSTRIAL NEWS 1775 liabilities ,118 1,047,002 Common stock subject to repurchase & other liabilities , ,915 Common stock ,561 2,194 Capital surplus ,575,011 1,693,663 (accumulated deficit) (382,463) (479,233) Pension plan adjustments (44,119)... Foreign currency translation adjustments (27,994)... Cash flow hedges (26,190)... Share of equity investee s accumulated other comprehensive loss (7,995)... (loss) (106,298) (59,225) Treasury stock , ,692 Total ARAMARK Holdings stockholders equity ,718, ,707 Total equity ,718, ,707 ARGAN INC Earnings, 9 mos. to Oct 31(Consol. $): Net Sales ,785, ,964,000 Cost & expenses ,190, ,392,000 Operating income ,595,000 49,572,000 Other income (expense), net ,000 3,271,000 Net before taxes ,757,000 52,843,000 Income taxes ,177,000 19,531,000 Net income ,580,000 33,312,000 Primary $1.70 $2.21 Fully Diluted $1.66 $2.16 Full Diluted ,761,000 14,302,000 Year-end ,529,201 14,197,051 ARISTA POWER INC Net Sales ,675 1,015,949 Cost & expenses ,844,271 3,890,033 Operating income (1,302,596) (2,874,084) Interest expense , ,428 Other income (expense), net ,240, ,968 Net before taxes ,601,037 (3,173,544) Income taxes ,515 (103,471) Net income ,599,522 (3,070,073) Balance for common ,512,965 (3,070,073) Primary $0.08 $(0.21) Fully Diluted $0.06 $(0.21) Full Diluted ,354,789 14,462,909 Year-end ,892,264 17,993,694 ASBURY AUTOMOTIVE GROUP, INC Acquisition Completed On Dec. 8,, Co. acquired Sandy Springs Ford. Terms of the transaction were not disclosed. ASBURY AUTOMOTIVE GROUP, INC Acquisition Completed On Dec. 16,, Co. acquired Texas Motors Ford. Terms of the transaction were not disclosed. ASHFORD INC Consolidated Income Statement, Years Ended Dec Advisory services Total revenue Salaries & benefits ,181 35,891 30,863 Depreciation General & expenses ,271 2,075 1,700 Total expenses ,672 38,182 32,817 before.. (47,712) (38,182) (32,817) Current state Current income taxes Income tax expense (47,719) (38,182) (32,817) Number of full time As is; 2 Approximately Consolidated Balance Sheet, Years Ended Dec Cash Prepaid expenses & other current assets Due from related parties Total current assets , Furniture, fixtures & equipment Leasehold improvements Furniture, fixtures & equipment, gross ,507 1,183 depreciation Furniture, fixtures & equipment, net Total assets , Accounts payable & accrued expenses ,828 6,792 Due to affiliate Total current liabilities ,060 6,972 Deferred income Total liabilities ,081 7,055 Total stockholders equity (deficit) (5,759) (6,415) ASHLAND INC Consolidated Income Statement, Years Ended Sept Sales ,121,000 6,091,000 6,472,000 Cost of sales ,605,000 4,304,000 4,813,000 Gross profit ,516,000 1,787,000 1,659,000 Selling, general & expenses ,358, ,000 1,327,000 Research & development exepenses , , ,000 Equity & other income ,000 64,000 53,000 Operating income (loss) ,000 1,039, ,000 Interest expense , , ,000 Interest income ,000 4,000 8,000 Other financing costs ,000 13,000 74,000 Net gain (loss) on divestitures ,000 (8,000) (7,000) Income from operations before -United States (862,000) 227,000 (513,000) Income from operations before income taxes-foreign , , ,000 Income from operations before (116,000) 749,000 (43,000) Federal current ,000 7,000 29,000 State current ,000 (6,000) (1,000) Foreign current ,000 42,000 40,000 Total current ,000 43,000 68,000 Deferred income taxes (294,000) 153,000 (125,000) Income tax expense (benefit) (188,000) 196,000 (57,000) operations , ,000 14,000 Results from operations, net , ,000 12, , ,000 26,000 shares outstanding-basic ,000 78,000 78,000 shares outstanding-diluted... 78,000 80,000 80,000 outstanding ,000 77, per share- operations-basic..... $0.94 $7.06 $0.18 per share- operations-basic..... $2.10 $1.65 $0.15 per share-basic $3.04 $8.71 $0.33 per share- operations-diluted.... $0.93 $6.95 $0.17 per share- operations-diluted.... $2.07 $1.62 $0.16 per share-diluted..... $3.00 $8.57 $0.33 Dividends per common share $1.36 $1.13 $ , , Restated to reflect the sale of the Water Technologies business as operations; 2 As is; 3 Approximately; 4 As of October 31, Consolidated Balance Sheet, Years Ended Sept. 30 Cash & cash equivalents ,393, ,000 Accounts receivable, gross ,215,000 1,125,000 Allowances for doubtful accounts ,000 12,000 Accounts receivable, net ,202,000 1,113,000 Finished products , ,000 Raw materials, supplies & work in process , ,000 LIFO carrying values ,000 21,000 Inventories , ,000 Deferred , ,000 Other current assets ,000 62,000 Current assets held for sale ,000 Total current assets ,561,000 2,873,000 Land , ,000 Buildings , ,000 Machinery & equipment ,049,000 2,986,000 Construction in progress , ,000 equipment, gross ,275,000 4,181,000 depreciation ,861,000 1,674,000 equipment, net ,414,000 2,507,000 Goodwill, net ,643,000 2,709,000 Intangibles ,309,000 1,437,000 Asbestos insurance receivable (noncurrent portion) , ,000 Equity & other unconsolidated investments , ,000 Deferred compensation

6 1776 MERGENT INDUSTRIAL NEWS December 26, investments , ,000 Debt issuance costs ,000 60,000 Note receivables ,000 25,000 Environmental insurance receivables ,000 26,000 Land use rights ,000 34,000 Defined benefit plan assets ,000 48,000 Life insurance policies ,000 21,000 Tax receivables ,000 26,000 Customer incentive ,000 17,000 Debt defeasance assets ,000 16,000 Other noncurrent assets - other ,000 98,000 Noncurrent assets held for sale ,360,000 Total non-current assets ,390,000 9,215,000 Total assets ,951,000 12,088,000 Short-term debt , ,000 Current portion of long-term debt ,000 12,000 Trade & other payables , ,000 Accrued expenses & other liabilities , ,000 Current liabilities held for sale ,000 Total current liabilities ,687,000 1,727,000 Notes ,796,000 2,795,000 Accounts receivable securitization , ,000 Junior subordinated notes , ,000 Revolving credit facility , Other international loans ,000 44,000 Medium-term notes ,000 14,000 Other long term debt ,000 13,000 Short-term debt (329,000) (308,000) Current portion of long term debt ,000 12,000 Long-term debt, less current portion ,942,000 2,947,000 Employee benefit obligations ,468,000 1,110,000 Asbestos litigation reserve (noncurrent portion) , ,000 Deferred , ,000 Environmental remediation reserves , ,000 Accrued tax liabilities (including sales & franchise) ,000 95,000 Deferred compensation ,000 75,000 Insurance reserves related to workers compensation & general liability ,000 73,000 Other long-term liabilities - other , ,000 Long-term liabilities held for sale ,000 Total noncurrent liabilities ,681,000 5,808,000 Common stock ,000 1,000 Paid-in capital ,000 (accumulated deficit) ,475,000 3,758,000 (loss) , ,000 Total stockholders equity ,583,000 4,553,000 1 Restated to reflect the sale of the Water Technologies business as operations ATOM ENERGY INC Consolidated Income Statement, Years Ended Aug. 31 (Can$): 2012 Bank charges & interest expense (999) (1,497) (4,898) Consulting expense.. (72,600) (114,391) (168,942) Investor relations expense (28,933) (44,392) (138,507) Management fees.... (121,000) (150,000) (150,000) Office & miscellaneous expense (32,844) (35,129) (27,646) Professional fees..... (32,055) (53,400) (67,539) Rent expense (36,000) (38,000) (43,500) Regulatory & filling fees (15,043) (34,691) (49,967) Share-based payments (60,060) (142,979) Travel expenses (2,321) (20,224) (3,800) Flow-through premium recognized , ,769 Interest income ,271 2,999 22,172 Other expense (497) (2,803) (7,608) Write-off of exploration & evaluation assets..... (1,039,548) Profit (loss) for the year before (1,379,569) (479,971) (460,445) recovery (expense) , ,000 (508,000) Net profit (loss) for the year (1,016,569) (347,971) (968,445) - basic ,852, ,435,339 5,062,303 - diluted ,852, ,435,339 5,062,303 Year end common... 6,852, ,852,958 5,670,637 Basic earnings per share Can$(0.15) 2 Can$(0.05) Can$(0.20) Diluted earnings per share Can$(0.15) 2 Can$(0.05) Can$(0.20) 1 Reclassified to conform with presentation; 2 Adjusted for 1-for-10 stock split, September 19, ; 3 Shares increased due to the effect of issuance for private placement Consolidated Balance Sheet, Years Ended Aug. 31 (Can$): Cash & cash equivalents , ,536 Interest receivable ,988 HST/GST receivable ,137 18,560 Miscellaneous receivable ,480 Receivables ,137 22,028 Prepaids ,499 11,340 Total current assets , ,904 Exploration & evaluation assets ,912,883 8,918,931 Total non-current assets ,912,883 8,918,931 Total assets ,998,441 9,382,835 Accounts payable & accrued liabilities ,578 33,403 Total current liabilities ,578 33,403 Deferred tax liability , ,000 Total non-current liabilities , ,000 Total liabilities , ,403 Common shares ,861,874 10,861,874 Share capital ,861,874 10,861,874 Reserves , ,784 (accumulated deficit) (3,855,795) (2,839,226) Total shareholders equity ,956,863 8,973,432 Total equity & liabilities ,998,441 9,382,835 ATOM ENERGY INC Auditor s Report Auditor s Report The following is an excerpt from the Report of the Independent Auditors, Davidson & Company LLP, as it appeared in Co. s : "Opinion In our opinion, these financial statements present fairly, in all material respects, the financial position of Athabasca Uranium Inc. as at August 31, and 2013, and its financial performance and its cash flows for the years then ended in accordance with International Financial Reporting Standards. Emphasis of Matter Without qualifying our opinion, we draw attention to Note 1 in the financial statements which describes conditions and matters that indicate the existence of a material uncertainty that may cast significant doubt about Athabasca Uranium Inc. s ability to continue as a going concern." AVAYA INC Consolidated Income Statement, Years Ended Sept. 30 ($): Products revenue ,196,000,000 2,337,000,000 2,672,000,000 Services revenue ,175,000,000 2,241,000,000 2,347,000,000 Total revenues ,371,000,000 4,578,000,000 5,019,000,000 Costs of products, exclusive of amortization of acquired technology intangible assets ,000, ,000,000 1,145,000,000 Cost of products - amortization of technology intangible assets ,000,000 63,000, ,000,000 Cost of services ,000,000 1,022,000,000 1,134,000,000 Total cost of revenues ,872,000,000 2,048,000,000 2,471,000,000 Gross profit (loss).... 2,499,000,000 2,530,000,000 2,548,000,000 Selling, general & expenses ,531,000,000 1,511,000,000 1,617,000,000 Research & development expenses ,000, ,000, ,000,000 Amortization of intangible assets ,000, ,000, ,000,000 Restructuring & impairment charges, net ,000, ,000, ,000,000 Acquisition-related costs ,000,000 4,000,000 Total operating expenses ,302,000,000 2,385,000,000 2,459,000,000 Operating income (loss) ,000, ,000,000 89,000,000 Interest expense ,000, ,000, ,000,000 Gain (loss) on extinguishment of debt (5,000,000) (6,000,000)... Interest income ,000,000 2,000,000 3,000,000 Gain (loss) on foreign currency transactions & forward contracts ,000,000 5,000,000 (21,000,000) Third party fees incurred in connection with debt modification.... 2,000,000 18,000, Gain on sale of Technology Business Unit business ,000, Venezuela hyperinflationary & devaluation charges ,000,000 1,000, Change in certain tax indemnifications..... (4,000,000) Other income (expense), net (1,000,000) (2,000,000) (2,000,000) before income taxes-u.s (173,000,000) (296,000,000) (213,000,000) before income taxes-foreign (69,000,000) (46,000,000) (149,000,000) before.. (242,000,000) (342,000,000) (362,000,000) Current provision (benefit) for income taxes-federal (1,000,000) 1,000,000...

7 December 26, MERGENT INDUSTRIAL NEWS 1777 Current provision (benefit) for -state & local (10,000,000) (1,000,000) 2,000,000 Current provision (benefit) for income taxes-foreign ,000,000 66,000,000 43,000,000 Total current for ,000,000 66,000,000 45,000,000 Deferred provision (benefit) for income taxes-federal ,000,000 (81,000,000) (50,000,000) Deferred provision (benefit) for -state & local ,000,000 (18,000,000) (6,000,000) Deferred provision (benefit) for income taxes-foreign ,000,000 (2,000,000) 7,000,000 Total deferred for ,000,000 (101,000,000) (49,000,000) Provision for (benefit from) ,000,000 (35,000,000) (4,000,000) operations (293,000,000) (307,000,000) (358,000,000) operations, net of ,000,000 (57,000,000) 14,000, (231,000,000) (364,000,000) (344,000,000) outstanding Number of full time 13, Number of part time , Restated to reflect the sale of the IT Professional Services business as operations Consolidated Balance Sheet, Years Ended Sept. 30 ($): Cash & cash equivalents ,000, ,000,000 Accounts receivable, gross ,000, ,000,000 Less: allowances ,000,000 28,000,000 Accounts receivable, net ,000, ,000,000 Inventory ,000, ,000,000 Deferred, net ,000,000 52,000,000 Other current assets ,000, ,000,000 Current assets of operations ,000,000 Total current assets ,512,000,000 1,587,000,000 Land & improvements ,000,000 6,000,000 Buildings & improvements ,000, ,000,000 Machinery & equipment ,000, ,000,000 Rental equipment ,000, ,000,000 Assets under construction ,000,000 16,000,000 Internal use software ,000, ,000,000 Total property, plant & equipment, gross ,000, ,000,000 depreciation & amortization ,000, ,000,000 equipment, net ,000, ,000,000 Deferred, net ,000,000 34,000,000 Intangible assets, net ,224,000,000 1,497,000,000 Goodwill ,047,000,000 4,048,000,000 Other assets ,000, ,000,000 Total assets ,257,000,000 7,672,000,000 Debt maturing within one year ,000,000 35,000,000 Accounts payable ,000, ,000,000 Payroll & benefit obligations ,000, ,000,000 Deferred revenue ,000, ,000,000 Business restructuring reserve, current portion ,000,000 92,000,000 Other current liabilities ,000, ,000,000 Current liabilities of operations ,000,000 Total current liabilities ,684,000,000 1,725,000,000 Unsecured senior notes, net of discount ,000,000 Variable rate senior secured notes ,000, Variable rate senior secured term loans ,231,000, Senior secured term loans ,269,000,000 Senior secured notes ,683,000,000 2,683,000,000 Unaccreted discount (21,000,000) (16,000,000) Debt maturing within one year ,000,000 35,000,000 Long-term debt ,991,000,000 6,051,000,000 Pension obligations ,535,000,000 1,510,000,000 Other postretirement obligations ,000, ,000,000 Deferred, net ,000, ,000,000 Business restructuring reserve, non-current portion ,000,000 78,000,000 Other liabilities ,000, ,000,000 Total non-current liabilities ,642,000,000 8,616,000,000 Additional paid-in capital ,962,000,000 2,937,000,000 (accumulated deficit) (4,831,000,000) (4,600,000,000) Change in unamortized pension, postretirement & postemployment benefit-related items, net of tax (1,150,000,000) (949,000,000) Foreign currency translation (49,000,000) (56,000,000) Other accumulated other (1,000,000) (1,000,000) (loss) (1,200,000,000) (1,006,000,000) Total Avaya Inc. stockholder s equity (deficiency) (3,069,000,000) (2,669,000,000) 1 Restated to reflect the sale of the IT Professional Services business as operations BALLY TECHNOLOGIES INC Sale Completed On Nov. 21,, Co. was acquired by Scientific Games Corporation ("Scientific Games") through the merger of Scientific Games Nevada, Inc. ("Merger Sub") with and into Co., with Co. as the surviving corporation and a wholly owned subsidiary of Scientific Games. Each share of common stock, par value $0.10 per share, of Co. ("Share") issued and outstanding, other than restricted Shares and Shares held by Co., Scientific Games, Merger Sub or their respective subsidiaries, was automatically cancelled and converted into the right to receive $83.30 in cash, without interest. BARNES & NOBLE INC Earnings, 6 mos. to (Consol. $000): 11/01/14 10/26/13 Net Sales ,924,267 3,063,661 Cost & expenses ,826,893 2,996,937 Deprec., depl. & amort , ,683 Operating income (2,358) (41,959) Interest expense ,222 15,107 Net before taxes (13,580) (57,066) Income taxes ,571 16,727 Net income (16,151) (73,793) Primary $(0.43) $(1.40) Fully Diluted $(0.43) $(1.40) Full Diluted ,289 58,862 Year-end ,437 59,006 BECTON, DICKINSON AND CO. Consolidated Income Statement, Years Ended Sept Revenues ,446,000 8,054,000 7,708,382 Cost of products sold ,145,000 3,883,000 3,755,388 Selling & expense ,145,000 2,422,000 1,923,354 Research & development expense. 550, , ,755 Total operating costs & expenses ,840, ,800,000 6,150,497 Operating income.... 1,606,000 1,254,000 1,557,885 Interest expense , , ,658 Interest income ,000 40,000 50,333 Other income (expense), net ,000 9,000 (1,152) Income from operations before domestic, including Puerto Rico , , ,760 Income from operations before foreign , , ,648 Income from operations before ,522,000 1,165,000 1,472,408 Current federal , , ,302 Current state & local taxes, including Puerto Rico (11,000) (4,000) 9,710 Current foreign , , ,055 Total current , , ,067 Deferred domestic (59,000) (119,000) (29,279) Deferred foreign (35,000) 3,000 (22,908) Total deferred (94,000) (116,000) (52,187) Income tax provision , , ,880 Income from operations ,185, ,000 1,109,528 operations , ,399 Net income ,185,000 1,293,000 1,169,927 - basic , , ,460 - diluted , , ,181 outstanding , , ,911 per share - operations - basic.... $6.13 $4.76 $5.40 per share - operations - basic $1.86 $0.29 per share - basic..... $6.13 $6.63 $5.69 per share - operations -