cost , ,106 Short-term borrowings 2,081,839 2,347,859 see the News Section of this issue) Reclassified to conform with 2012 presentation

Transcription

1 MERGENT INDUSTRIAL NEWS REPORTS Page 55 Friday, March 15, 2013 Volume 84 No. 3 NOTICE Items in this issue will be listed online weekly and printed monthly NEW COMPANY DESCRIPTIONS Less: treasury shares at (For details on individual listings, cost , ,106 Short-term borrowings 2,081,839 2,347,859 see the News Section of this issue) Total shareholders eq- Trade accounts paya- DECISIONPOINT SYSTEMS INC uity... 1,136, ,554 ble... 1,796,990 1,721,127 LET S GOWEX SA 1 Reclassified to conform with 2012 presentation Salaries, wages & com- LIFEAPPS DIGITAL MEDIA INC missions... 1,427,765 1,260,121 RED 5 LTD Other accrued liabili- ABBOTT LABORATORIES ties... 6,787,995 7,854,994 Dividends payable , ,284 Income taxes payable 655, ,947 AARON S, INC. Current portion of long-term debt ,823 1,026, Total current liabilities 13,280,176 15,480,228 Long-term debt ,085,302 2 Net sales... 39,873,910 38,851,259 35,166,721 12,039,822 Cost of products Post-employment obli sold... 15,119,718 15,540,580 14,665,192 gations & other Lease revenues & Research & long-term liabilities 9,056,234 8,230,698 fees... 1,676,391 1,516,508 1,402,053 development Common shares... 11,754,552 9,817,134 Retail sales... 38,455 38,557 40,556 expenses... 4,322,182 4,129,414 3,724,424 Common shares held in Non-retail sales , , ,273 Acquired in-process treasury, at cost... 5,590,909 3,687,478 Franchise royalties & research & Earnings employed in fees... 66,655 63,255 59,112 development the business... 24,150,996 20,907,362 Other revenues... 15,172 15,051 12,344 expenses , , ,200 Total revenues... 2,222,588 2,022,331 1,876,338 Retail cost of sales 21,719 22,738 23,013 come (loss)... dr3,593,678 dr2,597,185 Non-retail cost of Total Abbott Laboratoexpenses... 12,059,495 12,756,817 10,376,324 ries shareholders in- sales , , ,918 Operating expenses 952, , ,929 Total operating cost vestment... 26,720,961 24,439,833 Lawsuit (income) & expenses... 31,789,395 33,099,311 29,079,140 Noncontrolling interexpense... dr35,500 36, Operating earnings 8,084,515 5,751,948 6,087,581 ests in subsidiaries 92,271 86,312 Retirement/separation Interest expense.. 592, , ,135 Total shareholders incharges... 10,394 3, Interest income... 79,225 85, ,453 vestment... 26,813,232 24,526,145 Depreciation of Net loss on 1 extinguishment of Reclassified to conform with 2012 presentation rental 2 debt... dr1,350, Rounding difference, breakdown taken from notes merchandise , , ,105 Total costs & Net foreign exchange expenses... 1,942,882 1,835,963 1,682,965 gain (loss)... 8,044 50,271 10,924 ABM INDUSTRIES, INC. Operating profit.. 279, , ,373 Earnings, 3 mos. to Jan. 31 (Consol. $000): Interest income... 3,541 1, (expense), net.. 34,206 dr158,632 62,011 Interest expense.. 6,392 4,709 3,096 Earnings from Earnings from Total revenues... 1,182,123 1,073,785 operations before Cost & expenses... 1,155,628 1,050,440 operations before taxes... 26,262, ,198, ,712,834 Deprec., depl. & income taxes , , ,786 Taxes on earnings amort.... 7,189 5,549 Income taxes ,812 69,610 72,410 from Operating income... 19,306 17,796 Net earnings , , ,376 operations , , ,086,662 Interest expense... 3,310 2,834 Net earning... 5,962,920 4,728,449 4,626,172 (expense), net... 1,195 3,132 Income taxes... 3,809 7,454 - basic... 75,820 78,101 81,194 Income discont. oper.... dr10 Net income... 13,382 10,630 - basic... 1,575,378 1,557,643 1,546,400 Earn com sh: - diluted... 76,826 79,339 82,102 Primary... $0.25 $0.20 Fully Diluted... $0.24 $ diluted... 1,591,838 1,567,389 1,556,022 outstanding... 75,720 75,640 80,087 Common Shares (000): Net earnings per Fully diluted... 55,497 54,493 outstanding... 1,576,667 1,570,379 1,546,984 share - basic... $2.28 $1.46 $1.46 Year-end... 54,628 53,705 Net earnings per per common share Consolidated Balance Sheet Items, as of Jan. share - diluted.. $2.25 $1.43 $ basic... $3.76 $3.03 $2.98 Cash dividends per share - common $.62 $.05 $.05 Assets: 2013 per common share Cash & equivalents... 36,426 employees , , ,400 - diluted... $3.72 $3.01 $2.96 Current assets ,478 Cash dividends Net property & equip ,232 stockholders declared per share $1.67 $1.92 $1.76 Total assets... 2,088,148 1 Reclassified to conform with 2012 presentation 2 As employees , , ,000 Current liabilities ,154 is 3 Approximately 4 As of February 22, As of Long-term debt ,000 February 15, As of February 24, 2011 stockholders , , ,413 Stockholders equity ,463 Consolidated Balance Sheet, as of Dec. 31($000): 1 Reclassified to conform with 2011 presentation 2 Rounding difference, breakdown taken from notes 3 Assets: As ACCESS MIDSTREAM PARTNERS LP is 4 Approximately equivalents , ,257 Consolidated Balance Sheet, as of Dec. 31($000): Investment securities 85,861 98,132 Assets: net... 74,157 87, Lease merchandise... 1,539,594 1,363,903 equivalents... 10,802,163 6,812,820 Revenues, including Less: accumulated de- Investments, primarily revenue from preciation... dr575,527 dr501,627 time deposits & U.S. affiliates , , ,153 Lease merchandise, net 964, ,276 treasury bills... 4,371,821 1,284,539 Operating expenses, Trade receivables, net 7,612,860 7,683,920 including expenses equipment, net , ,619 Finished products... 2,345,455 2,220,527 from affiliates.. 197, , ,293 Goodwill, net , ,342 Work in process , ,358 Depreciation & Other intangibles, net 6,026 6,066 Materials , ,364 amortization Prepaid expenses & Total inventories... 3,792,313 3,284,249 expense , ,169 88,601 other assets... 77,387 45,851 Deferred income taxes 2,986,216 2,700,540 General & Assets held for sale.. 11,104 9,885 Other prepaid expenses Total assets... 1,812,929 1,731,899 & receivables... 1,757,210 2,002,706 expenses, Total current assets... 31,322,583 23,768,774 including expenses Accounts payable & ac- Investments , ,225 from affiliates.. 67,579 40,380 31,992 crued expenses , ,303 Land , ,917 Gain (loss) on sale of Accrued litigation ex- Buildings... 4,259,240 4,467,387 assets dr739 dr285 pense ,720 Equipment... 13,110,833 12,216,388 Total operating Deferred income taxes expenses , , ,171 payable , ,962 Construction in pro- Operating income 178, , ,982 Customer deposits & gress , ,873 Income from advance payments 46,022 44,571 Gross property & unconsolidated Credit facilities , ,789 equipment... 18,928,887 18,016,565 affiliates... 67, Total liabilities , ,345 Less: accumulated de- Interest expense.. 64,739 14,884 7,426 Common stock... 45,376 45,376 preciation & amorti Additional paid-in capi- zation... 10,865,840 10,142,610 Income before tal , ,311 Net property & equip- income tax Retained earnings... 1,087, ,699 ment... 8,063,047 7,873,955 expense , , ,658 Intangible assets, net of Income tax expense 3,214 3,289 2,431 amortization... 8,588,285 9,989,636 Net income , , ,227 come (loss)... dr Goodwill... 15,774,127 15,705,380 Shareholders equity Deferred income taxes before treasury & other assets... 3,213,307 2,560,923 non-controlling shares... 1,352,701 1,176,660 Total assets... 67,234,944 60,276,893 interests

2 Page 56 MERGENT INDUSTRIAL March 15, 2013 Net income Equity in earnings General & (loss) of joint Access Midstream ventures... 6,900 8,500 8,300 expenses , , ,100 Partners, L.P , , ,227 Amortization Less general partner (expense), net.. dr61,300 dr3,600 dr1,200 expenses , , ,000 interest in net Loss (gain) on asset income... dr8,481 dr5,070 dr2,188 sales & Limited partner operations before impairments, net 149,500 78,700 30,800 interest in net income taxes... dr4,400 42,900 38,500 Total operating income , , ,208 Income tax expense expenses... 5,594,100 4,048,200 3,261,500 (benefit)... cr121,400 24,300 30,700 Operating income (loss) , , ,400 limited partner Interest income... 2,500 2,100 1,600 common units operations ,000 18,600 7,800 Interest expense.. 116,700 81,800 84,100 outstanding-basic 80,059 69,371 69,083 (expense), net.. 38,500 dr500 27,700 operations, net of Total other income limited partner income taxes... dr1,600 38,100 4,600 (expense), net.. dr75,700 dr80,200 dr54,800 subordinated units 115,400 56,700 12,400 outstanding-basic 69,076 69,076 69,076 income taxes , , ,600 Provision for income limited partner taxes , ,900 67,300 common units - basic... 94,100 55,200 54,800 98, , ,300 outstanding-diluted 80,059 69,371 69,083 Loss noncontrolling limited partner - diluted... 96,100 57,600 57,200 interest... dr1,000 1,800 1,100 subordinated units Net income outstanding-diluted 69,076 69,076 69,076 outstanding ,143 55,476 54,923 Year end units common outstanding... 97,324 78,877 69,085 share - shareholders... 97, , ,400 Net income per basic $1.24 $.34 $.14 limited partner common share - unit-basic... $1.11 $1.37 $ basic , , ,400 Net income per basic d$.02 $.69 $.08 limited partner subordinated share - basic... $1.23 $1.03 $ diluted , , ,200 unit-basic... $1.14 $1.37 $0.78 Net income per share - outstanding , , ,800 limited partner common diluted... $1.22 $.32 $.14 per share - basic $0.77 $2.10 $1.51 unit-diluted... $1.11 $1.37 $0.78 Net income per share - per share - diluted $0.76 $2.06 $1.48 limited partner subordinated employees , , ,030 unit-diluted... $1.14 $1.37 $0.78 diluted... d$.02 $.66 $.08 Distribution per unit $1.71 $1.48 $.55 stockholders , , ,700 share - diluted.. $1.20 $0.98 $ Reclassified to conform with 2011 presentation 2 As employees , is 3 Approximately 4 As of February 8, As of employees , , February 7, As of February 8, 2011 stockholders stockholders , , Consolidated Balance Sheet, as of Dec. 31($000): 1Reclassified to conform with 2012 presentation 2 Reclassified to conform with 2011 presentation 1 Reclassified to conform with 2012 presentation Assets: Approximately 4 As is 5 As of February 17, As 2 Restated to reflect the sale of GBC-Fordigraph business of February 12, As of March 3, 2011 as operations 3 As is 4 Approximately 5 As equivalents , ,300 of February 1, Consolidated Balance Sheet, as of Dec. 31($000): As of February 1, 2013 Marketable securities 9,000 14,900 Consolidated Balance Sheet, as of Dec. 31($000): Assets: net... 1,303,400 1,165,700 Assets: Inventories, net... 1,543, ,400 equivalents... 64, Prepaid expenses & equivalents... 50, ,200 other current assets 403, ,300 net , ,297 Deferred tax assets , ,100 Other current assets.. 16,720 6,869 net , ,500 Total current assets... 3,879,700 2,569,700 Total current assets ,257 88,188 Inventories , ,700 Property & equipment, Gathering systems... 5,130,255 2,954,868 Deferred income taxes 31,100 7,600 net... 1,479, ,700 Other fixed assets... 96,916 53,611 Other current assets.. 29,000 26,900 Total investments & Less: accumulated de- Total current assets , ,900 other assets... 91,200 71,300 preciation , ,555 Total property, plant & Deferred tax assets... 60,700 21,700 Total property, plant & equipment , ,300 Product rights & other equipment, net... 4,636,557 2,527,924 Less: accumulated de- intangibles, net... 3,830,000 1,613,600 Investment in unconsol- preciation , ,100 Goodwill... 4,762,100 1,708,300 idated affiliates... 1,297, ,558 Total assets... 14,103,500 6,698,300 Intangible customer re- equipment, net , ,200 lationships, net , ,621 Deferred income taxes 36,400 16,700 Total accounts payable Deferred loan costs, Goodwill , ,000 & accrued expenses 2,428,900 1,535,400 net... 56,258 21,947 Identifiable intangibles, Income taxes payable 68, ,700 Total assets... 6,561,100 3,683,238 net , ,400 Short-term debt & cur- Other non-current aslong-term debt , ,500 rent portion of Accounts payable... 47,987 57,546 sets... 87,400 64,500 Accrued liabilities , ,548 Total assets... 2,507,700 1,116,700 Deferred revenue... 32,300 12,800 Deferred tax liabilities 4, Total current liabilities 259, ,094 Total current liabilities 2,710,600 1,839,500 Long-term debt... 2,500,000 1,062,900 Notes payable to banks 1, Long-term debt... 6,257, ,500 Other liabilities... 5,333 4,099 Current portion of Deferred revenue... 11,300 17,000 Total long-term liabili- long-term debt Other long-term liabilities... 2,505,333 1,066,999 Accounts payable , ,100 ties ,600 72,700 Common units... 2,188,241 1,561,504 Accrued compensation 38,000 24,200 Other taxes payable.. 70,300 79,000 Subordinated units , ,241 Accrued customer pro- Deferred tax liabilities 1,035, ,100 Class B units , gram liabilities ,000 66,800 Total liabilities... 10,247,100 3,135,800 Class C units , Accrued interest... 6,300 20,200 Common stock General partner units 93,182 42,400 Other current liabilities 112,400 67,600 Additional paid-in capi- Total partners capital Total current liabilities 429, ,100 tal... 1,956,700 1,881,000 Access Long-term debt... 1,070, ,800 Retained earnings... 2,182,700 2,085,400 Midstream Partners, Deferred income taxes 165,000 85,600 L.P.... 3,684,833 2,473,145 Pension & post retire- comprehensive inment benefit obliga- come (loss)... 36,800 dr76,500 Non-controlling interests , tions , ,100 Treasury stock, at cost 342, ,700 Total partners capital 3,796,506 2,473,145 Other non-current lia- Total stockholders eqbilities... 83,500 12,000 uity... 3,833,800 3,563,600 1 Reclassified to conform with 2012 presentation 2 Including amount from related parties - Account receiv- Total liabilities... 1,868,500 1,178,600 Noncontrolling interest 22,600 dr1,100 able: 2011 $61,030,000; 2012 $80,038,000 3 Including Common stock... 1, Total liabilities & equi- amount due to related parties - Accrued liabilities: 2011 Treasury stock... 2,500 1,700 ty... 3,856,400 3,562,500 $62,823,000; 2012 $12,648,000 Paid-in capital... 2,018,500 1,407,400 1 Reclassified to conform with 2012 presentation ACCO BRANDS CORP come (loss)... dr156,100 dr131,000 ACTIVE NETWORK INC cumulated deficit).. dr1,221,800 dr1,337,200 Total stockholders eq- uity (deficit) ,200 dr61, Reclassified to conform with 2012 presentation Net sales... 1,758,500 1,318,400 1,284,600 Technology revenue 370, , ,688 Cost of products Marketing services sold... 1,225, , ,000 ACTAVIS, INC revenue... 48,421 46,910 41,912 Gross profit , , ,600 Total net revenue.. 418, , ,600 Advertising, selling, Cost of technology general & revenue , , ,148 Cost of marketing expenses , , , services revenue 6,865 5,952 6,203 Amortization of Net revenues... 5,914,900 4,584,400 3,566,900 Total cost of revenue 191, , ,351 intangibles... 19,900 6,300 6,700 Cost of sales, Gross profit , , ,249 Restructuring charges excludes Sales & marketing 97,091 70,251 59,106 (income)... 24,300 dr700 dr500 amortization... 3,390,400 2,564,900 1,998,500 Research & Total operating costs Research & development... 81,408 66,753 61,107 & expenses , , ,900 development General & Operating income expenses , , , ,924 51,126 42,404 (loss) , , ,700 Selling & marketing Amortization of Interest expense, net 89,300 77,200 78,300 expenses , , ,000 intangibles... 22,277 14,962 16,147

3 March 15, 2013 MERGENT INDUSTRIAL Page 57 Total operating Other production, Total shareholders eqexpenses , , ,764 distribution & uity , ,479 operating costs 167, , ,017 1 Reclassified to conform with 2012 presentation operations... dr39,626 dr16,616 dr20,515 Newsprint, ink & Interest income other supplies.. 61,315 60,081 55,472 Interest expense ,890 5,438 Depreciation... 27,478 30,427 32,902 ADVANCE AUTO PARTS INC Amortization... 5,239 5,239 5,238 (expenses)... 1,157 dr Asset impairments 2,444 6,500 3,404 Consolidated Income Account, years ended Pension plan ($000): income taxes... dr39,046 dr19,401 dr25,348 withdrawal , ,346 12/29/12 1 Income tax provision 3,980 cr4,074 1,924 Total operating cost 12/31/11 01/02/10 dr43,026 dr15,327 dr27,272 & expenses , , ,377 Net sales... 6,205,003 6,170,462 5,412,623 Accretion of Earnings (loss) from Cost of sales, redeemable operations... including dr632 dr5,412 dr138,069 convertible purchasing & preferred sock ,810 28,157 warehousing costs 3,106,967 3,101,172 2,768,397 (expense), net.. 3, ,067 Gross profit... 3,098,036 3,069,290 2,644,226 Interest expense Total other income common (expense), net.. 2,783 dr510 6,259 stockholders... d43,026 d27,137 d55,429 expenses... 2,440,721 2,404,648 2,189,841 Earnings (loss) Operating income 657, , ,385 before income Interest expense.. 33,841 30,949 23,337 taxes... 2,151 dr5,922 dr131,810 shares outstanding-basic 58,804 36,072 7,080 Income tax expense (expense), net dr (benefit)... 1,732 5,011 cr7,575 Total other income shares 419 dr10,933 dr124,235 (expenses), net.. dr33,241 dr31,406 dr22,730 outstanding-diluted 58,804 36,072 7,080 provision for outstanding... 60,894 56,443 7,980 noncontrolling income taxes , , ,655 interests Provision for (benefit per share-basic d$0.73 d$0.75 d$7.83 from) income Attributable to A. taxes , , ,282 H. Belo 387, , ,373 per share-diluted d$0.73 d$0.75 d$7.83 Corporation dr10,933 dr124,235 Participating Number of full time securities share in employees... 13, , ,411 earnings ,055 1,382 Number of part time shares Net income employees outstanding-basic 21,948 21,496 20,992 applicable to common shares 386, , ,991 employees... 13, shares outstanding-diluted 22,066 21,496 20,992 stockholders As is 2 As of March 31, Approximately 4 As outstanding... 21,979 21,580 21,289 - basic... 73,091 75,620 94,459 of March 7, As of February 19, 2013 Consolidated Balance Sheet, as of Dec. 31($000): per share-basic $0.01 d$0.51 d$ diluted... 74,062 77,071 95,113 Assets: per share-basic $0.01 d$0.51 d$5.92 Number of full time outstanding... 73,383 72,799 93,623 equivalents... 58, ,699 employees , , ,200 Restricted cash... 1,145 1,502 share - basic... $5.29 $5.21 $2.85 Number of part time Registrations receiva- employees ble... 16,260 14,006 share - diluted.. $5.22 $5.11 $2.83 Number of series A Dividends per common net... 51,363 52,463 common share.. $.24 $ stockholders Inventories... 4,809 1,662 Number of full time Number of series B employees , , Prepaid expenses & 29,000 common other current assets 8,922 7,509 Number of part time stockholders employees , , Total current assets , ,841 20,000 1 Property & equipment, Reclassified to conform with 2012 presentation 2 Approximately 3 As is 4 As of February 28, stockholders , net... 41,236 33,830 As 363 of March 6, Software development As of March 1, Reclassified to conform with 2012 presentation 2 As costs, net... 51,151 45,093 Consolidated Balance Sheet, as of Dec. 31($000): is 3 Approximately 4 As of February 25, As of Goodwill , ,320 February 22, As of February 26, 2010 Intangibles, net... 62,806 90,340 Assets: Consolidated Balance Sheet, as of ($000): Deposits & other assets 2,569 2,133 Total assets , ,557 equivalents... 34,094 57,440 Assets: 12/29/ /31/11 Accounts receivables, Accounts payable... 8,174 8,516 net... 46,964 50,533 equivalents ,111 57,901 Registration fees paya- Inventories... 9,393 9,918 Receivables, net , ,007 ble... 61,272 72,405 Deferred income taxes 1,496 1,380 Inventories, net... 2,308,609 2,043,158 Accrued expenses... 38,865 41,106 Assets held for sale ,396 Other current assets.. 47,614 52,754 Deferred revenue... 66,846 54,919 Prepaids & other cur- Total current assets... 3,184,200 2,293,820 Current portion of debt... 5,000 rent assets... 7,190 6,531 Property & equipment, Capital lease obliga- Total current assets... 99, ,198 net... 1,291,759 1,223,099 tions, current portion 2,774 3,317 Land... 37,481 36,602 Assets held for sale Other current liabilities 4,373 42,613 Buildings & improve- Goodwill... 76,389 76,389 Total current liabilities 182, ,876 ments , ,810 Intangible assets, net 28,845 31,380 Capital lease obliga- Publishing equipment 261, ,792 Other assets, net... 31,833 30,451 tions, net of current Other property, plant & Total assets... 4,613,814 3,655,754 portion... 2,462 1,652 equipment , ,874 Other long-term liabili- Advance payments on Current portion of ties... 6,192 6,147 property, plant & long-term debt Deferred tax liabilities 19,065 18,243 equipment... 3,294 2,005 Accounts payable... 2,029,814 1,653,183 Total liabilities , ,918 Total property, plant & Accrued expenses , ,746 Common stock equipment , ,083 Other current liabilities 149, ,098 Treasury stock... 11,959 11,959 Total current liabilities 2,559,638 2,187,875 Less accumulated de- Additional paid-in capi- Long-term debt , ,136 preciation , ,665 tal , ,875 Other long-term liabili- ties , ,829 equipment, net , ,418 Common stock Intangibles assets, net 11,711 16,950 come... 8,934 7,923 Additional paid-in capi- Goodwill... 24,582 24,582 tal , ,237 cumulated deficit).. dr318,284 dr275,258 Investments... 6,826 6,112 Treasury stock, at cost 27,095 1,644,767 Total stockholders eqnet... 1,113 1,452 Deferred income taxes, uity (deficit) , ,639 Other assets... 3,961 4,376 come (loss)... 2,667 2,804 1 Reclassified to conform with 2012 presentation Total assets , ,088 Retained earnings (accumulated deficit).. 714,900 1,989,629 ADAMIS PHARMACEUTICALS CORP. Accounts payable... 15,178 18,062 Total stockholders eq- Earnings, 9 mos. to Dec. 31 (Consol. $): Accrued compensation uity (deficit)... 1,210, ,914 & benefits... 19,343 18,007 1 Reclassified to conform with 2012 presentation 2 Net Other accrued ex- of unamortized discount - Senior unsecured notes: 2011 Cost & expenses... 2,323,697 3,681,945 penses... 6,669 12,160 $1,078,000; 2012 $1,063,000 Operating income... dr2,323,697 dr3,681,945 Advance subscription Interest expense... 1,719,393 32,672 payments... 20,708 22,491 Gains or losses... dr1,514,782 5,297 Total current liabilities 61,898 70,720 ADVANCED MICRO DEVICES, INC. Net income... dr5,557,872 dr3,709,320 Long-term pension lia- Earn com sh: bilities , ,980 Consolidated Income Account, years ended Primary... d$0.06 d$0.04 Other post employe- ($000): Fully Diluted... d$0.06 d$0.04 ment benefits... 2,919 3,115 Common Shares: 12/29/12 1 Other liabilities... 2,241 3,794 12/31/11 12/25/10 Fully diluted... 98,082,335 87,830,451 Net revenue... 5,422,000 6,568,000 6,494,000 Series A common Year-end ,514,608 93,133,959 Cost of sales... 4,187,000 3,628,000 3,533,000 stock Gross margin... 1,235,000 2,940,000 2,961,000 Series B common Research & A.H. BELO CORP stock development Common stock expense... 1,354,000 1,453,000 1,405,000 Additional paid-in capi- Marketing, general & tal , ,773 expense , , , Legal settlement dr283,000 Advertising , , ,309 come (loss)... dr73,532 dr63,069 Amortization of Circulation , , ,091 acquired intangible Printing & cumulated deficit).. dr319,862 dr309,441 assets... 14,000 29,000 61,000 distribution... 45,317 38,990 35,908 Total shareholders eq- Restructuring charges Total net operating uity A. (reversals), net.. 100,000 98,000 dr4,000 revenues , , ,308 H. Belo Corporation 102, ,479 Operating income Salaries, wages & Noncontrolling inter- (loss)... dr1,056, , ,000 employee benefits 177, , ,998 ests Interest income... 8,000 10,000 11,000

4 Page 58 MERGENT INDUSTRIAL March 15, 2013 Interest expense.. 175, , ,000 Total stockholders eq- Consolidated Balance Sheet, as of Dec. uity (deficit) ,000 1,590, ($000000): (expense), net.. 6,000 dr199, ,000 1 Reclassified to conform with 2012 presentation Assets: equity in net loss ADVANCED PHOTONIX, INC. equivalents... 1,970 1,695 of investees & Acquisition Completed: On Mar. 4, 2013, Co. Restricted cash income taxes... dr1,217,000 dr1, ,000 acquired certain assets of Silonex, Inc. for $900,000. Short-term investments 696 1,356 Provision (benefit) for income taxes cr34,000 cr4,000 38,000 net... 2,712 2,522 Equity income (loss) AES CORP. Inventory & dilution gain in Deferred income taxes investee, net ,000 dr462,000 Prepaid expenses ($000000): Other current assets.. 1,114 1,560 Current assets of dis operations... dr1,183, , , continued operations Regulated revenues 9,925 9,504 8,910 & held for sale as Non-regulated sets operations, net of revenues... 8,216 7,419 6,533 Total current assets... 8,465 9,229 tax dr4, Total revenues... 18,141 16,923 15,443 Land... 1,008 1,089 Regulated cost of dr1,183, , ,000 Electric generation, dissales... 8,433 7,134 6,497 tribution assets & Non-regulated cost of other... 31,837 31,068 sales... 5,994 5,726 5,126 Advanced Micro Accumulated deprecia- Total cost of sales 14,427 12,860 11,623 Devices, Inc. tion... 9,723 8,944 Gross margin... 3,714 4,063 3,820 common Construction in pro- General & stockholders... d1,183, , ,000 gress... 2,791 1,788 expenses Interest expense.. 1,572 1,553 1,449 equipment, net... 25,913 25,001 Interest income Investments in & adshares outstanding Total other expense dr93 dr vances to affiliates 1,196 1,422 - basic , , , Debt service reserves & Gain (loss) on sale of other deposits investments Goodwill... 1,999 3,820 - diluted , , ,000 Goodwill impairment Other intangible assets, expense... 1, net outstanding , , ,000 Asset impairment Deferred income taxes expense Other noncurrent as- share - Foreign currency sets... 2,242 2,346 basic d$1.60 $.68 $.66 transaction gains Noncurrent assets of (losses)... dr167 dr39 dr33 & held share - Other non-operating for sale businesses 25 1,392 expense Total other assets... 7,452 11,116 basic... d$ Total assets... 41,830 45,346 operations before Accounts payable... 2,638 2,008 share - basic... d$1.60 $0.68 $0.66 income taxes, Accrued interest equity in earnings Accrued & other liabili- share - of affiliates ,211 1,890 ties... 2,532 3,389 Income tax expense Non-recourse debt - diluted... d$1.60 $.67 $.64 (benefit) current portion... 2,843 2,123 Net equity in Recourse debt - current share - earnings (losses) portion of affiliates dr Current liabilities of operadiluted d$ tions & held for sale operations... dr360 1,575 1,481 businesses share - diluted.. d$1.60 $0.66 $0.64 Total current liabilities 8,319 8,438 operations of Non-recourse debt... 12,568 13,412 employees , , ,100 Recourse debt... 5,951 6,180 businesses, net.. dr13 dr131 3 dr486 Deferred income taxes 1,238 1,321 Gain (loss) on stockholders , , ,389 Pension & other disposal of post-retirement lia- 1 For 53 weeks 2 As is 3 Approximately 4 As of Feb- bilities... 2,456 1,729 ruary 17, As of February 15, As of Febru- businesses, net Other long-term liabiliary 14, 2011 dr357 1,530 1,059 ties... 3,706 3,111 Consolidated Balance Sheet, as of ($000): Less: income from Noncurrent liabilities of operaoperations tions & held for sale Assets: 12/29/ /31/11 businesses ,348 equivalents , ,000 noncontrolling Total long-term liabili- interests... dr555 dr1,083 dr986 Marketable securities 453, ,000 ties... 25,919 27,101 Less: income (loss) Total cash & cash Cumulative preferred from equivalents & marstock of subsidiaries operations ketable securities.. 1,002,000 1,765,000 Common stock noncontrolling Additional paid-in capi- interests dr389 dr64 tal... 8,525 8,507 net , ,000 Total net income Inventories, net , ,000 cumulated deficit).. dr Prepaid expenses & noncontrolling other current assets 71,000 69,000 interests... dr555 dr1,472 dr1,050 Total current assets... 2,265,000 3,229,000 come (loss)... dr2,920 dr2,758 Long-term marketable the Treasury stock, at cost securities , ,000 AES Corporation dr Total The AES Corpo- Common ration stockholders shares(000000) equity... 4,569 5,946 equipment, net , ,000 Non-controlling inter- Investment in shares ests... 2,945 3,783 GLOBALFOUNoutstanding-basic Total equity... 7,514 9,729 DRIES ,000 1 Restated to reflect the operations of Acquisition related in- shares Eastern Energy, Thames, Ironwood, and Red Oak tangible assets, net 96,000 8,000 outstanding-diluted Goodwill , ,000 Other assets , ,000 outstanding AETNA INC. Total assets... 4,000,000 4,954,000 Accounts payable , ,000 operations-basic d$1.21 $.63 $.64 Accounts payable to GLOBALFOUN- Health care DRIES , ,000 premiums... 28,872,000 27,189,200 27,610,600 Accrued liabilities , ,000 operations-basic... d$.56 d$.63 Other premiums.. 1,902,000 1,775,800 1,822,100 Deferred income on Group annuity shipments to distribconcersion per share-basic d$1.21 $0.07 $0.01 contract utors , ,000 Current portion of premium , long-term debt & Fees & other operations-diluted d$1.21 $.63 $.64 revenue... 23,853, ,716,100 2 capital lease obliga- 3,529,500 tions... 5, ,000 Net investment income , , ,056,300 Other current liabilities 63,000 72,000 Net realized capital Total current liabilities 1,397,000 1,774,000 operations-diluted... d$.56 d$.63 gains (losses) , , ,500 Long-term debt & capiper share-diluted d$1.21 $0.07 $0.01 Health care costs ,728, ,653, ,719,600 Total revenue... 36,595,900 33,779,800 34,246,000 tal lease obligations, less currrent portion 2,037,000 1,527,000 Number of Current & future employees Other long-term liabili- 25, benefits... 2,008,100 1,876,500 2,013,400 ties... 28,000 63,000 Benefit expense on stockholders Common stock... 7,000 7,000 6, group annuity 1 Additional paid in capiconversion , Restated to reflect the operations of contract tal... 6,803,000 6,672,000 Eastern Energy, Thames, Ironwood, and Red Oak 2 Restated to reflect the operations of Ele- Selling expenses.. 1,105,500 1,104,800 1,226,600 Treasury stock, at cost 109, ,000 tropaulo Telecomunicacoes Ltda. & AES Communica- General & tions Rio de Janeiro S.A.; Eastern Energy, Borsod; cumulated deficit).. dr6,160,000 dr4,977,000 Thames; Barka; Lal Pir and Pak Gen; Ras Laffan 3 Net of expenses... 5,770,900 5,699,600 5,292,400 income tax (benefit) expense of - oper- Total operating ations of businesses: 2010 $2,000,000 4 As is expenses... 6,876,400 6,804,400 6,519,000 come (loss)... dr3,000 dr5,000 5 Approximately 6 As of February 20, 2013 Interest expense.. 268, , ,600

5 March 15, 2013 MERGENT INDUSTRIAL Page 59 Amortization of other Restructuring & Consolidated Balance Sheet Items, as of Jan. acquired intangible other infrequent 31 ($000000): assets , ,700 95,200 expenses (income)... dr700 4,400 Loss on early Impairment charge 22, Assets: 2013 extinguishment of Amortization of Cash & equivalents... 2,450 long-term debt.. dr84, intangibles... 49,300 21,600 18,400 Inventories... 1,040 Total benefits & Current assets... 4,712 expenses... 34,050,500 30,702,000 31,601,800 operations , , ,200 Net property & equip.... 1,163 Interest income Total assets... 10,604 income taxes... 2,545,400 3,077,800 2,644,200 (expense), net.. dr57,600 dr30,200 dr33,300 Income taxes Current liabilities... 1,846 (benefits) ,500 1,092, ,400 (expense), net.. dr34,800 dr19,100 dr16,000 Long-term debt... 2,065 1,657,900 1,985,700 1,766,800 Stockholders equity... 5,348 income taxes & equity in net AIR LEASE CORP earnings of - basic , , ,700 affiliates , , ,900 Income tax provision (benefit) ,900 24, ,400 - diluted , , , equity in net 2010 outstanding , , ,400 earnings of Rental of flight affiliatess , , ,500 equipment , ,719 57,075 Equity in net Interest & other... 9,893 4,022 1,291 share - basic... $4.87 $5.33 $4.25 earnings of Total revenues , ,741 58,366 affiliates... 53,500 48,900 49,700 Interest ,419 44,862 11,062 share - diluted.. $4.81 $5.22 $ , , ,200 Amortization of Dividends per share $.73 $.63 $.04 deferred debt issuance cost... 16,994 9,481 4,883 employees , , ,000 non-controlling Extinguishment of interest... 5,700 dr2, debt , stockholders , , ,062 Net income Amortization of 1 Reclassified to conform with 2011 presentation convertible debt 2 Includes service contract member AGCO discounts ,798 co-payment revenue and plan sponsor reimbursements Corporation & Interest expense.. 147,413 57,692 51,743 related to mail order & specialty pharmacy subsidiaries , , ,500 Depreciation of flight Fees & other revenue: 2012 $79,000,000; 2010 equipment , ,307 19,262 $83,000,000 ; 2011 $63,000,000 3 Includes amounts related to investments supporting experience-related &.. 56,453 44,559 24,232 products: 2012 $322,200,000; basic... 97,100 95,600 92,800 Stock-based $344,900,000 ; 2011 $317,500,000 4 Reduced by fully compensation.. 31,688 39,342 24,044 insured member co-payment revenue related to its mail Total expenses , , ,281 order & specialty pharmacy Health care costs: - diluted... 98,600 98,100 96, $127,000,000; 2010 $148,000,000 ; 2011 taxes ,973 82,841 dr60,915 $130,000,000 5 As is 6 Approximately 7 As of January outstanding... 96,816 97,195 93,144 Income tax provision 31, As of January 31, As of January 31, (benefit)... 72,054 29,609 cr8, share - basic... $5.38 $6.10 $ ,919 53,232 dr52,040 Consolidated Balance Sheet, as of Dec. 31($000): share - diluted.. $5.30 $5.95 $2.29 Assets: employees , , ,300 - basic ,992 89,593 39,511 equivalents... 2,579, ,700 Investments... 2,221,900 2,211,800 stockholders Premium receivable, - diluted ,656 90,416 39,511 1 As is 2 Approximately 3 net , ,400 As of February 10, As of February 15, Other receivables, net 808, ,500 As of February 11, 2011 outstanding , ,714 65,393 Accrued investment in- Consolidated Balance Sheet, as of Dec. 31($000): come , ,800 share - basic... $1.31 $0.59 d$1.32 Assets: Collateral received 2011 under securities loan share - diluted.. $1.28 $0.59 d$1.32 agreements... 47, equivalents , ,400 Accounts & notes re- employees Income taxes receivaceivable, net , ,500 Number of class A 34 ble , ,900 Deferred income taxes 426, ,200 Inventories, net... 1,703,100 1,559,600 common Deferred tax assets.. 243, ,700 stockholders Other current assets.. 1,022, , Total current assets... 8,244,400 5,890,000 Other current assets.. 302, ,600 Number of class B Long-term investments 19,698,200 18,083,200 Total current assets... 3,954,700 3,662,800 non-voting Reinsurance recoverequipment, net... 1,406,100 1,222,600 stockholders common ables , , Goodwill... 6,214,400 6,203,900 Investments in affili- 1 Reclassified to conform with 2011 presentation Other acquired intangi- ates , ,300 2 From inception 3 As is 4 Approximately 5 As of Sepble assets, net , ,600 Deferred tax assets... 40,000 37,600 tember 30, 2011 Property & equipment, Other assets , ,900 Intangible assets, net 607, ,500 Consolidated Balance Sheet, as of Dec. 31($000): net , ,900 Other long-term assets 854, ,600 Goodwill... 1,192,400 1,194,500 Assets: Total assets... 7,721,800 7,257, Separate accounts as- sets... 4,247,100 5,218,200 Current portion of equivalents , ,805 Total assets... 41,494,500 38,593,100 long-term debt... 59,100 60,100 Restricted cash ,307 96,157 Convertible senior sub- Flight equipment sub- Health care costs payaordinated notes , ject to operating ble... 2,992,500 2,675,500 Accounts payable , ,000 leases... 6,598,898 4,368,985 Future policy benefits 739, ,000 Accrued expenses... 1,226,500 1,080,600 Less accumulated de- Unpaid claims , ,200 Other current liabilities 98, ,800 preciation , ,569 Unearned premiums.. 403, ,700 Total current liabilities 2,464,800 2,205,500 Flight equipment sub- Policyholders funds.. 1,276,900 1,281,600 Long-term debt, less ject to operating Collateral payable current portion... 1,035,600 1,409,700 leases, net... 6,251,863 4,237,416 under securities loan Pensions & postretireagreements... 47, Deposits on flight ment health care benequipment purchases 564, ,549 Short-term debt ,900 efits , ,600 Deferred debt issue Accrued expenses & costs ,219 2 Deferred tax liabilities 242, ,300 47,609 other current liabili- Other noncurrent liabilties... 2,407,000 2,520,300 Other assets ,428 96,057 ities , ,900 Total assets... 7,353,624 5,164,593 Total current liabilities 8,487,600 8,522,200 Total liabilities... 4,223,800 4,226,000 Future policy benefits 6,853,700 6,092,800 Temporary equity... 16, Accrued interest & oth- Unpaid claims... 1,546,900 1,505,800 Common stock... 1,000 1,000 er payables... 90,169 54,648 Policyholders funds.. 1,364,000 1,351,600 Additional paid-in capi- Debt financing... 4,384,732 2,602,799 Long-term debt, less tal... 1,082,900 1,073,200 Security deposits & current portion... 6,481,300 3,977,700 Retained earnings... 2,843,700 2,321,600 maintenance reserves Deferred income taxes 473, ,800 on flight equipment Other long-term liabilicomprehensive inties... 1,634,600 1,595,800 leases , ,154 come (loss)... dr479,400 dr400,600 Rentals received in ad- Separate accounts lia- Total AGCO Corporabilities... 4,247,100 5,218,200 vance... 41,137 26,017 tion stockholders Deferred tax liability 92,742 20,692 Total liabilities... 31,088,700 28,472,900 equity... 3,448,200 2,995,200 Total liabilities... 5,021,003 2,988,310 Common stock & addi- Noncontrolling interest 33,300 36,000 Class A common stock tional paid-in capital 1,095, ,800 Total stockholders eq- Class B non-voting Retained earnings (acuity... 3,481,500 3,031,200 common stock cumulated deficit).. 10,343,900 10,346,600 Paid-in capital... 2,198,501 2,174,089 1 Reclassified to conform with 2012 presentation Retained earnings (accomprehensive in- cumulated deficit).. 133,111 1,192 come (loss)... dr1,033,400 dr1,189,200 AGILENT TECHNOLOGIES, INC. Total stockholders eq- Total shareholders eq- Earnings, 3 mos. to Jan. 31 (Consol. $000000): uity (deficit)... 2,332,621 2,176,283 uity (deficit)... 10,405,800 10,120,200 1 Reclassified to conform with 2012 presentation Accumulated amortization - Deferred debt issue costs: Total revenues... 1,680 1, $17,500,000; 2012 $32,288,000 AGCO CORP. Cost & expenses... 1,463 1,364 Operating income Interest income AK STEEL HOLDING CORP. Interest expense (expense), net Net sales... 9,962,200 8,773,200 6,896,600 Income taxes Cost of goods sold 7,839,000 6,997,100 5,637,900 Net income Gross profit... 2,123,200 1,776,100 1,258,700 Earn com sh: Net sales... 5,933,700 6,468,000 5,968,300 Primary... $0.52 $0.66 Cost of products Fully Diluted... $0.51 $0.65 sold... 5,539,100 6,036,800 5,643,200 expenses... 1,041, , ,100 Common Shares (in millions): Selling & Engineering Fully diluted expenses , , ,600 Year-end expenses , , ,000

6 Page 60 MERGENT INDUSTRIAL March 15, 2013 Depreciation , , ,100 Total equity (deficit) dr91, ,200 cost of sales and has been reclassified to increase sales and Pension & other 1 Reclassified to conform with 2012 presentation cost of sales postretirement benefit corridor charge dr14,900 AK STEEL HOLDING CORP. ALBANY INTERNATIONAL CORP Pension & OPEB New Accountant: On Feb. 28, 2013, Co. dismissed its expense (income) independent registered public accounting firm Deloitte & (exclusive of Touche LLP, and Co. appointed Ernst & Young LLP as its corridor charge) dr35,300 dr36, new independent registered public accounting firm Pension corridor 2010 charge , , Net sales , , ,887 ALAMO GROUP, INC. Ashland coke plant Cost of goods sold 455, , ,914 shutdown charges ,700 Gross profit , , ,973 Butler retiree benefit Selling & general settlement costs ,100 expenses , , ,126 Total operating costs 6,061,800 6,669,300 6,102,200 Technical, product engineering & Operating profit Net sales - North research expenses 52,962 55,846 53,391 (loss)... dr128,100 dr201,300 dr133,900 American - Restructuring & Interest expense.. 86,700 47,500 33,000 industrial , , ,783 other expenses.. 7,061 9,317 3,747 Net sales - North Pension settlement (expense)... 6,200 dr5,300 dr7,600 American - expense , agricultural , , ,349 Operating income income taxes... dr208,600 dr254,100 dr174,500 Net sales - European 164, , ,416 (loss)... dr44,136 74,608 64,709 Income tax provision Total net sales , , ,548 Interest income... 1,517 2,027 1,165 (benefit) due to Cost of sales , , ,634 Interest expense.. 18,118 20,148 18,405 state law changes... 2,000 25,300 Gross profit , , ,914 Income tax provision (expense), net.. dr7,629 dr2, (benefit) cr96,000 cr69,100 Income tax provision 790, expenses... 97,507 92,347 86,041 income taxes... dr68,366 53,848 48,445 Total income tax Gain on bargain Income tax expense provision (benefit) 790,000 cr94,000 cr43,800 purchase , (benefit)... cr27,523 32,582 21,022 dr998,600 dr160,100 dr130,700 Goodwill Less: net income impairment , (loss) attributable operations... dr40,843 21,266 27,423 to noncontrolling Income from operations... 45,349 49,456 30,873 interests... dr28,700 4,500 1,800 operations of Interest expense.. 1,620 2,422 3,664 AK Interest income ,533 businesses... 4,776 24,101 16,073 Steel Holding Gain on sale of Corporation... dr1,027,300 dr155,600 dr128,900 (expense), net.. dr Income before businesses... 92, income taxes... 43,446 48,129 29,032 Income tax benefit shares Provision for income (expense)... dr25,252 dr10,429 dr5,860 outstanding-basic 113, , ,600 taxes (benefit).. 14,543 15,442 7,915 28,903 32,687 21,117 shares operations... 71,820 13,672 10,213 outstanding-diluted 113, , ,600 30,977 34,938 37,636 outstanding , , ,987 - basic... 11,899 11,848 11,782 share-basic... d$9.06 d$1.41 d$ basic... 31,356 31,262 31,072 - diluted... 12,058 11,966 11,893 share-diluted... d$9.06 d$1.41 d$1.17 Cash dividends per outstanding... 11,986 11,860 11,830 - diluted... 31,636 31,510 31,209 common share..... $.20 $.20 share - basic... $2.43 $2.76 $1.79 outstanding... 31,410 31,297 31,193 employees , , ,600 share - diluted.. $2.40 $2.73 $1.78 Dividends per stockholders , , ,860 common share.. $.24 $.24 $.24 basic d$1.30 $.68 $.88 1 Reclassified to conform with 2012 presentation 2 As is 3 Approximately 4 As of February 23, As of employees , ,300 February 26, As of February 18, 2011 Consolidated Balance Sheet, as of Dec. 31($000): stockholders basic $2.29 $.44 $.33 1 Assets: Restated to reflect adoption of ASC , per share - basic $0.99 $1.12 $1.21 freight billed to customers was recorded as a reduction of equivalents ,000 42,000 cost of sales and has been reclassified to increase sales and cost of sales 2 Reclassified to conform with 2011 presen- tation 3 As is 4 Approximately 5 As of February 28, net , , As of February 25, 2011 Inventory, net , ,700 diluted... d$1.30 $.67 $.88 Deferred tax assets, Consolidated Balance Sheet, as of Dec. 31($000): current... 73, ,500 Assets: Other current assets.. 59,400 33,000 Total current assets... 1,442,700 1,274,400 equivalents... 48,291 10,288 diluted... $2.27 $.44 $.33 equipment, gross.. 5,943,900 5,967,200 net , ,934 Less accumulated deper share - diluted $0.97 $1.11 $1.21 Inventories , ,523 preciation... 3,931,600 3,797,000 Dividends declared Deferred income taxes 3,824 3,502 per share... $.55 $.51 $.48 equipment, net... 2,012,300 2,170,200 Prepaid expenses... 5,659 3,157 Income tax receivable employees , Investment in AFSG Holdings, Inc ,600 55,600 Total current assets , ,341 stockholders Investment in Magnetaequipment, gross.. 146, ,160 Number of tion LLC , ,200 Less: accumulated de- beneficiary Goodwill... 37,100 37,100 preciation... 89,653 86,034 stockholders , Deferred tax assets, 1 non-current... 88, ,500 Restated to reflect the sale of Albany Door Systems Other non-current asequipment, net... 56,801 62,126 business and PrimaLoftfi Products business as discontin- Goodwill... 31,648 31,751 ued operations 2 sets ,200 94,900 Restated to reflect the sale of Albany Intangible assets... 5,500 5,500 Door Systems business as operations 3 Total assets... 3,903,100 4,449,900 As is 4 Borrowings under cred- Deferred income taxes 2,593 4,921 Approximately it facility ,000 Other assets ,026 Consolidated Balance Sheet, as of Dec. 31($000): Total assets , ,665 Assets: Accounts payable , , Accrued liabilities , ,800 Trade accounts paya- ble... 41,641 40,782 equivalents , ,909 Current portion of Income taxes payable 4,045 2,617 long-term debt Accrued liabilities... 31,601 30,573 net , ,511 Current portion of pen- Current maturities of Inventories , ,803 sion & other postrelong-term debt & Income taxes receivable tirement benefit capital lease obligaobligations , ,000 & deferred... 20,594 30,010 tions ,190 Prepaid expenses & Total current liabilities 812,400 1,137,100 Deferred income taxes other current assets 10,435 13,349 Long-term debt... 1,411, ,000 Total current liabilities 78,128 75,805 Current assets of dis- Pension & other postre- Long-term debt & capitirement benefit obli- continued operations... 67,351 tal lease obligation, Total current assets , ,933 gations... 1,661,700 1,744,800 net of current maturi- Other non-current liaties ,621 equipment, at cost, bilities , ,800 Accrued pension liabili- net , ,953 Total liabilities... 3,994,100 4,072,700 ties... 9,871 10,792 Intangibles ,079 Common stock... 1,500 1,200 Other long-term liabili- Goodwill... 76,522 75,469 Additional paid-in capities... 3,646 4,319 Deferred taxes & taxes tal... 2,069,700 1,922,200 Deferred income taxes 2,290 4,852 receivable , ,644 Treasury stock, com- Common stock... 1,203 1,190 Other assets... 22,822 23,383 mon shares at cost 173, ,600 Additional paid-in capi- Noncurrent assets of Retained earnings (actal... 88,660 85,704 opera- cumulated deficit).. dr2,404,300 dr1,366,000 Treasury stock, at cost tions ,467 Total assets... 1,156,697 1,230,928 Retained earnings , ,431 come (loss)... 1,100 2,700 Notes & loans payable Total AK Steel Holding Accounts payable... 35,117 32,708 Corporation stock- come (loss)... dr1,631 dr5,623 Accrued liabilities , ,104 holders equity (defi- Total stockholders eq- Current maturities of cit)... dr505, ,500 uity , ,276 long-term debt... 83,276 1,263 Non-controlling interfreight billed to customers was recorded as a reduction of & deferred... 13,552 1 Restated to reflect adoption of ASC , Income taxes payable ests ,300 dr11,300 8,766