Document DGnZEe6weDe07MZXbMqRMbL25

American Brake Shoe Company Liabilities 1963 1962 CURRENT LIABILITIES Long-term debt due within one year (note 4) Notes payable by subsidiaries........................ Accounts payable ........................................... Accrued accounts........................................... Accrued taxes on income............................... Advances from customers............................... TOTAL CURRENT LIABILITIES.......... LONG-TERM LIABILITIES Long-term debt due within one year (note 4) Deferred income taxes (note 2)..................... TOTAL LONG-TERM LIABILITIES ... $ 1,331,301 2,832,597 7,800,488 6,132,002 4.482,658 965,920 23,544,966 $ 1,150,000 3,351,721 7,496,851 5.597,303 6,707,700 852,354 25,155,929 26.647.802 4,130,000 30.777.802 27,545,877 3,187,000 30,732,677 Stockholders' Equity CAPITAL STOCK (notes 5 and 6) Common, no par --authorized 3,000,000 shares: Issued .......................... Treasury ............;____ Outstanding ................ 1963 1,871,397 10,000 1.861,397 1962 1,862,297 10,000 1,852,297 EARNINGS RETAINED IN THE BUSINESS (note 4).... TOTAL STOCKHOLDERS' EQUITY.................... 52,401,262 472,838 51,928,424 54,099,421 106,027,845 $160,350,613 52,008,692 472,838 51,535,854 51,112,067 102,647,921 $158,536,527 25 SCI 01912