Document OEn3n0Y0XMGQrkYbKBz1X5DZQ

Ten Year Review The years 1962 and 1963 include The S. K. Wellman Company In 1961 there was a special Hem o/ income from an excess profits tax refund for the years 1950-1953 amounting to SB95.000. 30 EARNINGS AND DIVIDENDS Shipments ............................................ Earnings before taxes...................... Per cent of shipments.................. Per cent of capital employed ... Net earnings........................................ Per cent of shipments.................. Per cent of common stock equity Per common share........................ Dividends paid........................ ;.... Per cent of net earnings................ Employees -- end of year Payrolls Wages and salaries........... Cost of employee security Total................................. Employee security as a per cent of payroll___ Shipments per employee.......................................... Capital employed per employee............................. Dividends per share Preferred .................................................................. Common.................................................................... FINANCIAL POSITION Capital employed Cash and marketable securities.................... Accounts receivable...................................... Inventories .................................................. Total current assets.................................. Current liabilities................ \:..................... Working capital........................................ Property, plant, and equipment.................... Other assets.................................................. Total capital employed............................. Financed by Long-term liabilities...................................... Preferred stock............................................. Common stock equity.................................. Total capital employed.................. ........... Stockholders' equity per common share......... Thousands of common shares outstanding .... Current ratio.................................................... Expenditures for property, plant, and equipment Depreciation and amortization of intangibles .. 1963 214,669 14,741 6.9 10.9 7,441 3.5 7.1 4.00 4,453 59.9 12,869 74,063 10,317 84,380 13.9 17,034 10,720 -- 2.40 207,2: 4,2091 53.$ 12.33S e 69,959j 8,44flj 78,4021 12.3j 17,615 10,745 ' --1 2.4(^ 13,945 31,526 36.071 81.542 23,545 57,997 69,042 9,767 136.806 30.778 106.028 136,806 56.96 1.861 3.5 11.125 9.646 18,0983 29,457' 33,752 81,307 25,155 56,152 67,953 9,278 133,38311 30,73# 102,64K 133,38^1 55.4^3 l,85j| am 11,58# 9,iin SCI 01917