Document YrEo99Zyb9LXmLoqDYRGRMpgN
\~uihpuiij .turtle *
.
GROSS PROFIT........................................................................................ Selling, general & administrative expenses............... OPERATING INCOME.............................................................................. Interest income................................................................................ Interest expense.............................................................................. Amortization of debt issuance costs................................ Other, net..............................................................................*...........
INCOME BEFORE INCOME TAXES AND EXTRAORDINARY LOSS Income taxes.......................................................................................
INCOME BEFORE EXTRAORDINARY LOSS................................................. Extraordinary loss on refinancing of debt, net of tax
benefits of $0.3 m 1996 and $1.7 in 1994 ........................
NET INCOME
See Notes to Consolidated Financial Statements F-4
46.0 9.4
36.6 (0.4) 12.5 0.9 (0.3)
23.9 9.0
14.9
0.6
14.3
43.2 9.2
34.0 (0.5) 13.5 0.9 C. 3
19.8 7<?
12.1
.
$12.1
ruing uute.
38.2 8.5
29.7 (0.2) 14.7 0.9 0.2
14 .1 5.4
a.'7
2.7
$ 6.0
yo
PNEUMO ABEX CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDER'S EQUITY (DEFICIT) (DOLLARS IN MILLIONS)
COMMON STOCK
ADDITIONAL PAID IN CAPITAL
ACCUM ULATED DEFICIT
CURRENCY TRANSLATION
ADJUSTMENT
TOTAL
Balance December 31, 1993....................................... .
Net income
........................................................
Translation adjustment ..................................
Balance December 31, 1994....................................... .
Net income
........................................................ .
Cash dividends paid............................................ .
Translation adjustment......................................
Balance December 31, 1995....................................... .
Effect of Pneumo Abex Merger...................... .
Capital Contribution. ....................................... .
Net income
........................................................ .
Cash dividends paid............................................ .
Translation adjustment......................................
Balance December 31, 1996.........................................
$-
$-
$0.1
0.1 (0.1)
34.2 17.0
$51.2
$(58.4) 6.0
(52.4) 12.1 (8.9)
(49.2)
14.3 (12.5)
$(47.4)
$0.9 0.9 1.0 1.9
(0.7) $1.2
$(58.3) 6.0 0.9
(51.4) 12.1 (9.0)
1.0
(47.3) 34.2 17.0 14.3 (12.5) (0.7)
$5.0
See Notes to Consolidated Financial Statements
F-5
Disclosure Page 28