Document 6BbKMqKpLYap9ELM6dMxz5bb3

MAFCO CONSOLIDATED GROUP INC (Form- 10-K, Received: 03/28/1997 00.00:0 Page 87 of 116 respectively. (c) Includes assets located m foreign countries of $15,161 and $14,071 at December 31, 1996 and 1995, respectively. F-31 MAFCO CONSOLIDATED GROUP INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 16 UNAUDITED QUARTERLY FINANCIAL INFORMATION The following is a summary of unaudited quarterly financial information for the quarterly penods m 1996 and 1995: Net sales Gross profit Income from continuing operations Net income Net income per share (DOLLARS IN THOUSANDS, EXCEPT SHARE DATA) 1996 FIRST SECOND THIRD FOURTH $66,168 27,866 $78,577 34,212 $85,635 36,434 $ 80,279 34,293 7,640 8,311 $ 36 9,886 23,883 $ 1 03 98,025(a) 98,409(a) $ 4.24 128,045(b) 128,045(b) $ 5.51 Net sales Gross profit Income from continuing operations Net income Net income per share (DOLLARS IN THOUSANDS, EXCEPT SHARE DATA) 1995 FIRST SECOND THIRD FOURTH $58,353 23,804 $68,236 28,210 $68,679 27,984 $65,858 27,106 4,556 4,556 $ 23 7,885 7,885 $ .38 3,944 4,604 $ .20 6,706 7,368 $ .32 (a) Reflects the gain on the Cigar IPO (b) Reflects the gain on the Flavors Disposition 17 SUBSEQUENT EVENTS On February 20, 1997, Mafco Consolidated Holdings entered into an Agreement and Plan of Merger (the "1997 Merger Agreement") with MC Group whereby Mafco Consolidated Holdings will buy the remaining 15% of MC Group that it does not already own Pursuant to the 1997 Merger Agreement, httpV/www edgarpro com/EFX dll/EDGARpro.dlUFetchFihngHTMLl?ID=969943&Ses . 10/19/2003