Document O3Laqzv2x109B4poVzexzYNXQ

I CTD036940 0voctitc& ASPHALT ROLL ROOFINGS ASPHALT SHINGLES AND SIDINGS ASBESTOS SHINGLES AND SIDINGS ASPHALT ROOF COATINGS AND CEMENTS SATURATED FELTS AND BUILDING PAPERS PL ASTISIZED GYPSUM WALL PLASTER INDUSTRIAL PLASTERS KA LIT E ACOUSTICAL PLASTER GYPSUM WATER-REPELLENT SHEATHING "FI RES TOP" GYPSUM WALLBOARD GYPSUM WALLBOARD GYPSUM LATH GYPSUM ROOF DECKS BEAVER FIBER WALLBOARD BUILDING INSULATION ROOF INSULATION BOARD EXPANSION JOINTS PAINT "IDEAL" MILLWORK US I AND RECOMMEND Csrtaifl-teed RU11 DING PRODUCTS CTD036941 : j 4'- . - Nbt sales... \4* Profit on teftaw^.'i`yr.:e.si.vV-` ",V ?. '"-'Ir lygMCorporatton 'y V '.'Tf- --'. ''". 4V > .- IMparativej lED^TATEMENT OF INCOME /; ;MON^^pp^gTM|E^*. :.-.<v^ .'>;-----&?'^v.i:,>-*.?$ . ^- 1954 ..' '....$$6644,7;75500,1;i0022 $30,815,616 221,825 //;- . 172,561 64,971.S>27 . / 30,988,177 CTD036942 0voduc& ASPHALT ROLL ROOFINGS ASPHALT SHINGLES AND SIDINGS ASBESTOS SHINGLES AND SIDINGS ASPHALT ROOF COATINGS AND CEMENTS SATURATED FELTS AND BUILDING PAPERS PLASTISIZED GYPSUM WALL PLASTER INDUSTRIAL PLASTERS KALITE ACOUSTICAL PLASTER GYPSUM WATER-REPELLENT SHEATHING "FIRESTOP" GYPSUM WALLBOARD GYPSUM WALLBOARD GYPSUM LATH GYPSUM ROOF DECKS BEAVER FIBER WALLBOARD BUILDING INSULATION ROOF INSULATION BOARD EXPANSION JOINTS PAINT "IDEAL" MILLWORK INC RECOMMEND Ceftaifl-teed rRr:r, 11 CTD036943 Certain-teed Products Corporation and consolidated subsidiaries COMPARATIVE CONSOLIDATED STATEMENT OF INCOME FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1955 AND SEPTEMBER 30, 1954 1955 Net sales............................................................................................. ....... $102,581,316 Profit on contractual operations................................................. ....... 329,205 Cost of goods sold, sblling, administrative and general EXPENSES, DEPRECIATION AND DEPLETION........................................................ ....... 102,910,521 90,430,062 12,480,459 1954 $49,954,881 265,190 50,220,071 43,445,959 6,774,112 Other income, net............................................................................ ....... Provision for Fbdbral and Canadian taxes on income........... ....... 716,087 13,196,546 6,752,000 Net income......................................................................................... ....... 6,444,546 136,608 6,910,720 3,490,000 3,420,720 Earnings per sharb--nine months................................................. ....... Earnings per share--third quarter.............................................. ....... Shares of common stock outstanding at September 30............. ....... This statement is subject to audit by independent accountants. $3.01 1.22 2,142,870 % cuw $2.00 .82 1,707,849 Gertain-teed AND SUBSIDIARIES A Included in the above statement of income for 1955 are the accounts of Wm. Cameron & Co. which became a majority-owned subsidiary in October of 1954. The company's only unconsolidated subsidiary is The Valspar Corporation. If you plan to build, remodel or redecorate, please specify Certain-teed building materials and Valspar paints and varnishes. Information concerning Valspar paints and varnishes may be secured from The Valspar Corporation, Ardmore, Pennsylvania. Ardmore, Pennsylvania October 25, 1955 / Chairman ( y CTD036944 CTD036945 mostly in Western Texas and Eastern New Mexico. This ofl M d cipally in the States of Texas and Oklahoma. In addition, turing, wholesaling and retailing building materials, prin^ t)" n| I W m. Cam6r0n & c<, USE AND RECOMMEND C ertainteed BUILDING PRODUCTS CO CO ci Ci 2 Q ft; a; E~. -i *-1 o CJ o Cj Q 03 cj 2 ft; ft. ft. ft, ft, 2ft;V 2 . o o o; >-3 -3 o 03 CO C3 2 CO Cl Cl O ^ Q CO 63 -3 C5 co a; Cl E-, co "H Cl a; C| E~< co -3 CJ o C) -3 & S co >, Cj < C3 o Eft -3 o 2 cc E-. 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CD ftS 1 4r*9 'd d S B gg jl s g 3o CD O J* d *d S ft ft g ot3 CD ft} tsa 5 O,, 3 B 1 6 I Co 'ft bo co O eg Sd *<D 3 3ft | O 0*4 CO 49 TT 1 g 3 cS ft d 3 P & ^ T) S B io 03 S * III <wD ^ ^ dd s .a o-i O S ^9 49 d 3 a >> d 4du9 ft o *-. o 2ash nc t- t d o C/3 73 4-19 d `4d-9 d Fh d oC/3 k-< ft C/3 d 4-9 CS/3d o Fm 49 d o f4t9 rf O d c/5 co ft o ^ q o co -a 05 ft O dC4o. d o s ft c d .22 <D o o . 3 cr tx o . d *53 d d c ft c o ft 05 ft dj- ft o 05 ?d ft d d `Xo3 -t-i o d d fSht o O cCCOMM_ 'co CO 05 d o to tx d ft 05 ft 00 o2d 2^ ft d d o fc o ft 6tn <4O-1 o -C ^-h X3 c d o tn <4O-4 co cq 73 4-19 d d oF-4 ft i c o4d9 d d O tH ft d t d O O 6 O co o b- ft 8 cm" Tt< ft d o s ft iO 03 d O 73 Fh ft Q O ft d d o ft ft d ft d d ft ft ft CO o o ft u ft o ft &g >o co CO > Co 03 o 52 d ft ft d< 52 52 5- 1 6 He sco CD >--i e co ft ^ d o d< ft 03 ft H c o J> d o ft ft d d "S ot- 13 & jd dd ft O 4^ CO * bo 03 d^ C/3 13 C/3 +J kO 03 O 03 d co . kC & . >> 03 d ^ d co ft ^ f4^t> fdt C/3 f4t9 6 dO o a < > d oF-t 4-9 ej '--^ O C/3 . a ' d ft o o f4-t9 d o S ft o w 'X C/3 d bo d d 73 *g c3 4-9 s `d 4I-h9 O iO-i Fh cft ft 4o-9 CM CO o 73 oco 49 <-4 i O B49 4-9 d co ft <*4 o Eh CO ft ft 01--34 0r*34 - --d4 CO 73 ft d o CO g fCtO 03 CM CM ft >H d ft _ d S t- o*-l otft a *3 is Tt< kO 03 o"d <4-4 o d CM d CO d oa4 Q O d d d ft o CoO o 00 CO H 1 ftg J ft ft no d & o bo -S d ' s c o >9 4-9 ft ft cm" d os Q ft co d d ft 5f bO d ft d ft CM 73 d CM bo d do bo .3 73 d ^ ft II ft d CO d ot-tI 73 d o 73 d n 'B d 4-9 d d o CO 5fi ^ 03 73 bo ooo o' d d CO o ft Tt< o co d d 4-9 CO lO 73 w ft ca CTD036947 The accompanying Notes to Consolidated Financial Statements are an integral part of this statement and should be read in conjunction herewith. 1 1 8 w CO S too> O ua z 8 Q ti, 73 o a> 73 c 3H W Z C/5 Wo sz c4 a> i* o> a Hz c os E-1 < c/3 a t- oo o 02 *"* TjT 04 oo 02 CO H CO hO rH O kf? o CO ci <o <X> lO io co co t- t- CO 50 t- gq gz <-- QC -H g aZ 2 O -O 2a W 1 rg < &a "<7? ft U aao) <oc CO 00 o 00 H rH O 00 H H< cT o CrHO 0} o ca 00 o oT 50 s 00 03 CO rH 00 o C4 rH H oH> 00 o CO o o> oj* o U0 CN os CO CO lO CO 02 04 5002 oa 7*r 50 50 02 OJ 00 00 CO Ol o rH CO t- 73 50 co 0 03 oo CO 02 IA 00 M uo>o <n co 02 OO 02 rH ^ c 73 c4 73 *t3 1 to c 8 | SI o be.. O d) O CO cioo 0) T3 *8g co rt QJ rt -3 Tf< io ^ lO 05 _ 03 r-H 0 i-H c C<S <M SS*. 3 -rt oo S.t! co a) (N 5 =3 a. o 2 w on p .95 eoio bW VJ ** 6 i|-s o c^^ co *~ fi fc<0 5-. 2 04 X o C0 o (M l> i--4 U0 rH CO T* CO co H o OO * CO 00 04 oo C4 iO i-H 00 <M CO ^ 04 Tf rH CO co 73 40d5< p 2 Os c4 c .2 'S 0 c 0 a 73 p <u 7d a> ft c a> .2 to o >o .g5 ft <15 a> o 4) , , Q^ 4^ <4 "* h bfl . .s & c xi hrt o*-> a> o * o II +J4 0) 55 co M 05 I 3 4) ^ ,, P ** +cJ4 *-h 03 rH* bC .iC3 0>M5 53 X bc4 -o*- d) O 73 C a> II 73 *> t .ti 5 a) Co "a 73 0. 0 ClOO O0 H +J e 0 .5 *nZGi D.1-H 05 " O 0 O^ c 73 CD s o 0 J=> >* "g D -O .2 cS.5 1 2 S3P .2 2 fto 0 O 5 <D rC a> i/j 0 O CD be + .b o & 05 X ? 0 <D 0 O '-0 0 0 Sh <D ^2 7o3 <D 4<-D2 O a o c3 *53 0 o o 0 D X <D X3 0 <D *-0 73 o0 00 73 O H +-H P. ^ 3g 0 XI 0 0 rQ 0 0 xs 0 o +3 73 0t- 0 0 o au O O ;g o 0 o 0 73 O X4^3> 73 4D-2 Fh <D o CD *5 a CD X <D b > w cfl -2 fWt 'a. OC- g CX 73 0 0 bxi 400 0 CX o a 0 50 50 o 0 g o X >> * 0 i 0 ft $ ? g 4-2 OO O 0 ft ft rC XJ r0 73 0 0 73 0 *0 O 0 Fh Q ft o Fh ft Fh 4-2 0 -4co0 a> 0 .2 o & X3 A p< o 1 20 a? S a> T3 m .2 2'-*3 4o-2 w 0 a S <D J3 73 O o s ^ IS s rt .> rs 0 ^ ^0 ^ 73 co o a, <D 5s -to k. 73 <D 4(-D2 I 40 *0 r0 O a D 73 0 73 t<D 73 <D 0 0 o 73 0 0 P< X 0 1 ^ 1 CD X2 73 Fi X3 *H jg 0 O rC '0 > 0 X3 1/3 Fh 0 2 fH O 0 0 0 X5 -c9fl O 73 .2 *2 c4 50 *>> 50 03 02 c rH p 45 CO ft (N o4Im5 5>m (4 35m 7? X 45 ft CTD036948 0oN4 toC>D ooo CO t> CiOO oot- lO CO 000> <tr7-3 Cto-Oi s o> ooo oo oC>O 0044 03*40* tjT 0co4 CD CO lO 0oO0) ized The accompanying Notes to Consolidated Financial Statements are an integral part of this statement and should be read in conjunction herewith. 5 C*3 q I oo NcCoD ^c-oH 50 te- 1*3 O Nb Xa> X >z <0. X Q ax ao ao Se3 t- ba oG X aH z >* 03 < rt 03 h. 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