Document J3paxKRg7BX5ZYm9ZdpNzN9kX

472 MOODY'S INDUSTRIAL MANUAL 1C INDUSTRIES, INC. CAPITAL STRUCTURE LONG TERM DEBT Issue 1 Long 'em debt 2 Amer Brake Shoe Si deb 4*/iS. 87 3. Pepsi-Cola Gen. 3ol cv deb 5*/iS.88 4 Pet Inc. sJ deb 5%s 92 5 Pet Inc si deb 8s 91 6 IC P-oducts Co SJ deo 994 7 IC Products Co. Si deb 10>4s.95 .... Raung . . A3 A3 Amount Outstanding (TtS! 614 400 000 ! 790 000 lots 000 4 700000 11 600 000 11 714 000 29 483 000 Charges Earned i984 1985 a. 0 Interest Dates F fit A 15 ; fit d t J fit D 1 Mfic S 1 MfieN 1 MficNlS Call Price T100J4 St0038 Sl00,9 Tioi oo 'TlOLQO El04^2 Pnce Range 1984 198J 80-65 105 95 65 A- 59 7S`/r *0A 100 76J/4 854- 77 80 58 10S - 76 64 - LO 74 - 7^ 87V*- Z3Vt 85 - 85 CAPITAL STOCK Par Amount Earned per Sh_ Call ?nce Range II Issue 1 8*4% Sere* A, 1st pfd. 2 9y*%, senes B 1st pfd 3 33.50 cum coov 2ndpfd.ser 4 Common Value No par No pu No par No par Outstanding 750 000 shs. { 250 OOOshs.} I .289.885 shs 07 460 000 shs. 1984 0. 367 49 (33.17 1983 0. 842 78 2-50 1984 j 3330 GS2.1SV6 1983 33^0 2-32 Pnee B 578 1984 84*/*- 62V4 S28V4- 21 19SJ 73 * 52'/4 48V*- 35 Subject to change, see text. Based on average shares as reported by Co on continuing operations adjusted for 2 for-! spilt in 1984 For other per share data sui_stical record vjjrleid privately ESee Text. Interest not shown separately (TJIndudes issues listed below fflAJJ shares converted m'o Co rs com. stk. or > 1 redeemed, u oi Mar. 8 1985 ESAfter2-for-l split: beTore -,8%-42. Includes 31.83 paI3 prior to 2 for ! split. HISTORY _ In Mar. 1979 acquired PepsiCola Bottling Pet Inc. (DeL) Incorporated In Delaware Aug. 31 1962, as go. of Kenosha & Racine, Inc. and PepsiCola Helvetia Redevelopment Corp (Mo ) Illinois Central Industries, Inc. present title Kantor Bottling, Inc. ,_ HussmannCorp (Del.) adopted in May 1975 In Apr. 19/9 sold Benjamin Franklin Sav- Alton Manufacturing Co (Texas) On June 1 1965 acquired Chandeysson Association of Houston, Lincoln Liberty American Refrigeration Products, Electnc Co , St. Louis, maker of heavy electn- Investment Coip_ and IC Financial Develop S-A. (Mexico) 11 ed equipment and products Now operated as ment Corp. to Mischer Corp. for 816 400 000 a division. In Apr 1967 ICC authorized acquisition of cash In May 1979 reached definitive agreement 1! control of Chicago 6c Illinois Western R.R. by ssuance of 40 000 common shares (after split) for ail common fit preier-ed stock of C.&X.W aR.JR?. SAfmw. StoJL10ff*r0SaSMSuifJecdSTmaSndfliatubirli-- to acquire Alton Manufacturing Co through Hussman Group of Pet Inc. In July 1979 Midas International Corp merged wholly-owned European retail outlets with those otfoTIbS. ilkennocwerns. IntHMtuoloo.peSraUteencrecr- Chesley Industries (Mich.) Krack Corp (IU) Hussmann Refrigeration Inc (Mo ) Hussmana Store Equipment Ltd. (Canada) Star Cooler Corp (Mo ) Turner Refrigeration Ltd Refrigerator Contracts Ltd Riordan Holdings Lai. (U K.) er of precision casungs and corrosion resistant pumps In Dec 1968 purchased Illinois Center On Dec 26 1968 merged Abex Corp by is suance of 2 615,439 shares 33 50 cumulative convertible second preferred senes 1 at rate of 0.72 share of S3-50 preferred for each share Abex common. In May 1969 acquired Seay fit Thomas. Inc. for 80.250 shares of common stock. (The name and brokerage and management business were sold in, Apr. J1979 and n_a__me__o__f__res, id_ua, l op>eerraatuioonns changed to bSoouth Properties iInncC.D) On Feb 2 1970 merged Pepsi-Cola General by the issuance of 762:249 shares of S3J0 cumulate convertible 2nd preferred stock at a rate of 0 40 shares of 33.50 preferred for each share of Pepsi-Colx general common. On Mar. tl 1970 acquired H.F. Phihpsbom Co Chicago mortgage banking and real es- Int D- ec. (979, acquired Applied Air Systems ihrougn Hussman Group or Pet Inc. In Apr. 1980 acquired BlancHaxd-Ness Ltee. for 71.875 common shares. In Aug. 1981 Co sold the Mussulman Fruit Products division of its Pet Ine-, unit to MFP Enterprises Inc. The transaction was valued at S32.000 000 including S28 000 000 in cash In June 1982 acquired Wm Underwood Co Also in May, 1982 Umon Paofic Corp sold to Company 2.149 319 shs. of Co com. stk owned by Umon Pacific Corp. The purchase pnce Q{ 573 000.000 is equivalent to approxi- mately 333 iOpersh. In Auj? l9a2, sold to Coachmen Industries, inc# remaining assets of the Vernde Group Qf Midas International, a subsidiary. Details WCre not dnrlmrd In Apr 1983 acquired 5.1% of Trane Co. Details were not disclosed, IC Acquisition Co. (DeL) William Underwood Co (Mass.) Ae'cent Intemauonai Inc. (DeL) Almacenes Refngerantes S-A- de C.V. (Mexico) C. Shippam Ltd (Great Britain) GntaAzul S.A. (Costa Rica) (50%) Harry Peck fit Co. Pty Ltd (Aus tralia) Lakes Entrance Processors Pty. Ltd. (Australia) William Underwood Co. (Canada) Ltd. (Canada) Dtablitos Venezolanos C-A. (Vene zuela) PV Foods Inc. (Minn.) Southland Canning fit Packing Co,, Inc. (La.) Spartanburg Dairy Inc. (Ga.) St- Louis Lithographing Co. (Mo.) tate firm for common shares- _. ,, In Dec. 1970 acquired,Perfect Plus Hosiery, Inc. manufacturer and distributor of women s hosiery and related soft goods (liquidated in In July 1983 acquired additional Trane Co stock, bringing total holdings to 24.54% (sold -1 Jain 1984) In Sept>J9&3. acquired Havana Pepsi-Cola Stuckey's Inc. (Del) Stuckey s Stores. Inc. (Del ) Midas Intemauonai Corp. (Dei ) Midas U K. Ltd. (U.K.) 1973). Bottling Co, Havana. I1L In Aug. 1971. acquired SignaJ-Stat Division In June 1984, through a subsidiary, ac Cosmic Enterprises. Inc. (DeL) Cosmic Stores Inc. (N Y.) 0/Lehigh Valley Industries for 37 200 000. q,u__i_r_e_d___T__u_r_n__e_r__R__e__frigeration Ltd. and Kefng- Frolic Homes Inc. (Ind.) In Sept. 1971 acquired Dad s Root Beer Co. erator C^ontracts Ltd 'from "T*urner St Co., Midas Euro Inc (Del) in exchange for 160 000 common shares. Ltd.. Glasgow, Scotland. 1.2.3 Auto Service GmbH (West Ger On Jan. 25 1972 merged Midas-Interna- In Oct. 1984 through subsidiaries acquired many) uonai Carp by the issuance of 1 910 763 Pepsi-Cola Bottling Co of Springfield Mo,, 1.2.3 Auto Service GmbH fie Co shares of Co common stock for each 0 6568 shares of Midas common stock. In Dec. 1971 acquired Hunter Moss fit Co , Miami. Fla. (merged with' PhUipsbom Equi ties of Florida m 1974) In Apr 1972 merged Lincoln Financial Inc. by the issuance of 777 769 shares of Co. com mon stock for each 0.35 shares of Lincoln common stock. (Sold m 1979) On Aug 10. 1972 Illinois Centra] R.R.. a Co. subsidiary and Gulf, Mobile fit Ohio RJL Co. formally merged to form a new line Illinois Central Gulf R.R. Co- which is now a subsidi- and Pepsi-Cola Bottling Company of Flat River. Mo a 100% interest in & Mexican joint venture, Infnsa. a 100% interest in a German joint venture. 1 2J AutoService: and Riordan Holdings Ltd.. United Kingdom. In Nov, 1984 through subsidiary, acquired 100% interest in United Kingdom joint ven ture Midas U K. Ltd. SUBSIDIARIES Th_e_. follo- wi--ng subsidiane wholly- owned except as noted. gp1*5!^ iS^IdS?* Cm*InC (DeU (West Germany) Kuth Manufacturing Corp (Cal.) International Stamping Co Inc. (Wise.) Intemauonai Parts Mfg Ltd (Canada) Midas Australia Pty Ltd. (Australia) Midas Automouve Ltd. (Canada) Midas Canada. Inc. (Canada) Midas Realty Corp (DeL) Midas Silencers Ltd (Great Britain) TI Midas Ltd. (Great Britain) (51%) Midas S.A. (Belgium) Muffler Corp ot America (111 ) Pepsi-Cola General Bottlers, Inc. (Del ) Pepsi-Cola Bottling Co of Springfield "tinder menwr terms Co issued S8S.6S7 . Finsnce Corp N V. (Nether- Pepsi-Cola Bottling Co of Flat River - shares of 36 00 first preferred stock and 367 677 shares of its common stock to effect the merger and also purchase minority intereatIninMthareye1s9m73alal cMqiusisreisdsiBppuibrbalielroUapdsC.orp. for rf? rrw.1 \ c mu \ f$2/tii n IC^Induatnes InsuranTMce Co. LtdA. (Bermu - Genadco Advertising Agency. Inc. (QL) -1 Kolmar Products Corp (Wise.) Pneumo Corp. a Cleveland Pneumatic Co. `Is: OaudS Gordon Co. PfitC Food Markets "lnj 1973 acquired Ljlfe Insur- J}| cSSjgS sSf^ad Co. (Del ) ance Co . Lmcoln. Neb. for 115.200 000 (sold m Pn^riSriSTf uS Carls Drug Co. The names of certain subsidiaries are omit ted, as such subsidiaries, considered in the ag- _ On Feb 26. 1974 acquired Consolidated Ac- frUp^5jSSfS^D!)(I^"> ceptance Corp . Minneapolis. Minn, (sold in A^TC^>7(Del) gregate as a single subsidiary, would not con*-sutute a significant subsidiary In May 1974 acquired A L. Hansen Manu facturing Co. On Jan. 1. 1975 Signal-$tat Corp.. Waukes- ka Foundry Co~ Inc. and Chandeysson Elec tnc Co became divisions of Abex Corp. On Mar. 31 1976 A L. Hansen MIg. Co be came a division of Abex Corp In Apr. 1977 acquired Stanray Corp The pufrhase cost of 338 271 000 including ex penses consisted of cash payments of 36 563 000 and the issuance of 765 804 shs. of Industries 33 50 Second Preferred Stock. In Feb 1978 Co Issued 987 805 shs. of com. stk for all outatg shs of Security Investment Co- which owns Pepsi-Cola Bottling Co of Cincinnati, Ohio In Aug. 1978 acquired voting common stock 23?4J0L6 0,K005n000ualy owned of Pet Inc. for Tn Jan^ir9 sold Lincoln Liberty Life In- Abex Industries Ltd. (Canada) Abex International S.A. (Switzerland) Abex A/S (Denmark) Abex Finannaria S.T.L. (Italy) Abex Fluid Power Ltd. (Great Britain) Abex Denison Ltd. (Great Britain) Abex Ges m.b H (Austria) Abex GmbH (West Germany) Abex Industries Akpenbolag (Sweden) Abex Industries S-A. (France) (99 87%) Abex International Holdings Ltd (Ba hama Islands) Abex Japan Ltd (Japan) Frendo Abex S_p-A. (Italy) Frendo Sud S p.A. (Italy) Abex Pagid Equipment SwA. (France) Abex Mead Ltd. (Great Britain) Amsco Mexicans. S A (Mexico) Denison Hydraulics. Japan, Ltd. (Japan) Illinois Central Export Cnrp (DU) BuSNp Up Co Inc (Del) BUSINESS AND PRODUCTS " IC Industries. Inc. ("Industries") is an in* ^ temauonaL diversified holding company, or- ^ ganized on the pnnaples of decentralize ^ management, whose business is conducts through operating subsidiaries and divisions which are, for the most part, integral, autono mous operations. In Oct.. 1984 Industries acquired the Pn'}* mo Corporation ( `Pneumo ) whose head quarters are in Boston Massachusetts Pneu mo is engaged in the design and manufacture of landing gear and flight controls for military and commercial aircraft, and in food ana drug retailing and wholesaling. __ - In addition to Pneumo. Industries operates j- in three diversified business areas Consumer Products. Commercial Products and RailroaO Activities. The principal companies m the Consumer Products business are Pet Incorpo- rated ("Pet ) Pepsi-Cola Genera) Bottlers.