Document Oz5YEmjjYBr86B8e6wd69d2JK

EATON CORPORATION STATEMENTS OF CONSOLIDATED SHAREHOLDERS' EOUITY -- (Share* n thousand*, dollars m millions) Balance at January I, 1992 Net loss Cash dividends paid, net of Employee Stock Ownership Plan (ESOP) tax benefit Issuance of shares under employee benefit plans, including tax benefit Reduction of unallocated ESOP shares Foreign currency translation adjustments Balance at December 31, 1992 Net income Cash dividends paid, net of ESOP tax benefit Issuance of shares under employee benefit plans, including tax benefit Two-for-one stock split Sale of shares Reduction of unallocated ESOP shares Foreign currency translation adjustments Balance at December 31, 1993 Net income Cash dividends paid, net of ESOP tax benefit Issuance of shares under employee benefit plans, including tax benefit Sale of shares iling-of-interests with Lectron Products, Inc. unrealized net gain on available-for-sale securities. net of income taxes Reduction of unallocated ESOP shares Foreign currency translation adjustments Balance at December 31, 1994 Common Shares Shares Amount Capital in excess of par value Retained earnings Foreign currency translation adjustments Unallocated ESOP shares Total equity 34,069 $17 598 $418 34 $838 (128) (74) 34,667 17 452 636 173 (83) 483 34,867 1,287 18 1 22 (18) 61 . 71,304 36 503 4,560 1,600 2 1 535 708 333 (89) 21 250 25 11 77,967 S39 S806 S988 $2 (49) (47) (31) (78) 7 S(7I) $(122) $1,153 (128) (74) 12 (HO) 34 12 (49) 948 173 (83) 22 14 (96) 62 14 (31) 1,105 333 (89) 21 252 26 14 S (82) 11 14 7 SI.680 The Financial Review on pages 2410 32 is an integral part of (he consolidated financial statements. 23 T