Document LgLyw2nxYwKDrjYz4w8gDz61b

company \aint ~r New York, New York February 11, 1997 cc^/tr A F-2 ri/j^ou/c /.'j//yyo PNEOMO ABEX CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (DOLLARS IN MILLIONS, EXCEPT SHARE DATA) CURRENT ASSETS Cash and cash equivalents Trade accounts receivable, net Inventories Prepaid expenses and other Total current assets Property, plant and equipment, net Pension asset Deferred tax asset Intangibles and other assets ASSETS TOTAL ASSETS LIABILITIES 4 STOCKHOLDER'S EQUITY CURRENT LIABILITIES Current portion of long-term debt Foreign borrowings Accounts payable Accrued interest Accrued compensation and benefits Income taxes payable Payable to parent Accrued expenses and other (DEFICIT) Total current liabilities Long-term debt Other liabilities Commitments and contingencies STOCKHOLDER'S EQUITY (DEFICIT) Common stock, par value SI 00 per share, issued and outstanding Additional paid-m-capital Accumulated deficit Currency translation adjustment 1,000 shares authorized, TOTAL STOCKHOLDER'S EQUITY (DEFICIT) TOTAL LIABILITIES 4 STOCKHOLDER'S EQUITY (DEFICIT) See Notes to Consolidated Financial Statements F-3 / DECEMBER 31, 1996 1995 $ 3 . 11 3 46 3 22 63 3 10 4 14 1 34 e 40 $126 6 $05 10 4 45 5 35 67 9 10 6 _ 10 5s $85 3 $ 52 13 31 14 71 47 22 8 91 9 69 $ 10 2 07 56 13 24 06 06 21 4 108 1 31 51 2 (47 4) 12 50 $126 6 _ (49 2) 19 (47 3) $ 85 3 1994 NET SALES Cost of sales PNEOMO ABEX CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (DOLLARS IN MILLIONS) 1996 YEAR ENDED DECD4BER 1995 1994 $103 4 57 4 $103 2 60 0 $95 6 57 4 Disclosure Page 27