Document DygDm05Mmo5YDE1eyGmgNVbM

Company frame - FfrEUMO ABEX CORF NEW Filing Date: 12/Hi1996 SIGNATURE TITLE DATE * Ronald 0. Perelman Theo W. Folz Chairman of the Board of Directors Vice Chairman of the Board of Directors, and Chief Executive Officer March 31, 1997 March 31, 1997 Howard Gittis Director March 31, 1997 * The undersigned by signing his name hereto does hereby execute this Form 10-K pursuant to powers of attorney filed as exhibits to this Form 10-K. By:/s/ Peter W. Grace Peter W. Grace Attorney-in-Fact 24 PNEUMO ABEX CORPORATION AND SUBSIDIARIES ITEM 8, ITEM 14 (A)(1) AND (2) AND (D) INDEX TO CONSOLIDATED FINANCIAL STATEMENTS AND FINANCIAL STATEMENT SCHEDULE YEAR ENDED DECEMBER 31, 1996 The following consolidated financial statements of Pneumo Abex Corporation are included in Item 8: As of December 31, 1996 and 1995 and for the years ended December 31, 1996, 1995 and 1994. Report of Independent Auditors.................................................................................................................F-2 Consolidated Balance Sheets.............................................. F-3 Consolidated Statements of Income......................................................................................................... F-4 Consolidated Statements of Stockholder's Equity (Deficit).............................................F-5 Consolidated Statements of CashFlows.................................................................................................. F-6 Disclosure Page 23