Document VKNO2jVEEmn50rvRn7RR1MdZN

AMERICAN 2RAKE SHOE COMPANY Liabilities CURRENT LIABILITIES Notes payable to banks (note 3j .... Notes payable by subsidiaries .... Accounts payable..................................... Accrued accounts..................................... Accrued taxes on income........................... Advances from customers..................... TOTAL CURRENT LIABILITIES LONG-TERM LIABILITIES (note JJ 1961 1960 1,050,000 4,347,431 7,441,093 4,507,745 5.577,744 1.660.K1 24.534.154 S 1,050,000 1,212,161 5,013,394 3,529,274 5.687,771 - 16.492,600 20.280.778 17.678.000 Stockholders' equity CAPITAL STOCK (notes 5 and 6) Common, no par. 3,000.000 shares authorized, 1,634.275 shares outstanding at December 31, 1961 and 1,628,794 shares outstanding a: December 31, 1960 ........................... EARNINGS RETAINED IN THE BUSINESS (noted). . . TOTAL STOCKHOLDERS' EQUITY...................... 50,519,089 42,124,377 92,643,466 $137,508,398 50,303,846 39,674,592 89,978,438 $124,149,038 31 4 SCI 01844