Document 7GLNo4nzXGe8LgNqBqgOkq6a

STATEMENTS OF CONSOLIDATED SHAREHOLDERS' EQUITY -- ' ............... ' ** * Eaton Corporation tiuro in thousands, dollars in millions) Balance at January l. 1991 Nei income Cash dividends paid, net of Employee Slock Ownership Plan (ESOP) lax benefit Issuance of shares under employee benefit plans, including tax benefit Purchase of shares for treasury Reduction of unallocated ESOP shares Foreign currency translation adjustments Balance at December 31, 1991 Net loss Cash dividends paid, net of ESOP tax benefit Issuance of shares under employee benefit plans, including tax benefit Reduction of unallocated ESOP shares Foreign currency translation adjustments Balance at December 31, 1992 Net income Cash dividends paid, net of ESOP tax benefit Issuance of shares under employee benefit plans, including tax benefit Two-for-one stock split Sale of shares Reduction of unallocated ESOP shares Foreign currency translation adjustments Balance at December 31, 1993 Common Shares Shafts Amount Capitol in excess of par value Retained earnings Foreign currency translation adjustments Unallocated ESOP shares Total share holders' equity 33.948 SI7 145 (24) 34,069 17 598 34.667 17 483 34.867 1.287 18 1 71.304 S36 5411 7 $837 74 (72) (11 418 838 (128) (74) 34 452 636 173 (83) 'I s (18) 61 S555 S708 S9 (7) 2 (49) (47) (31) S (78) 5(134) 51,140 74 (72) 12 (122) 7 (1) 12 (7) 1.153 (128) (74) . 12 (110) 34 12 (49) 948 173 (831 V> 14 5 (96) 62 14 (31) SI.105 The Financial Review on pages 22 to 30 is an integral part of the consolidated financial siatemenis T