Document aDxm4YbvjMKzO0Ny1V94qea4a

AMERICAN BRAKEBLOK DIVISION Comparison of Gross Profit by Product Year 1939 1940 1946 1947 1948 1939 1940 1946 1947 1948 1939 1940 1946 1947 1948 1939 1940 1946 1947 1948 Cubic Inches Shipped Net Sales Average Net Sales Price Per M.Cu.In. Original Equipment - Rolled Brake Lining 41,690,435 55,630,237 90,347,777 126,730,239 110,135,822 $ 979,725.15 1,299,711.22 2,362,197.87 3,571,395.15 3,358,438.27 $ 23.50 23.36 26.15 28.18 30.49 Replacement - Rolled Brake Lining 17,654,152 18,329,841 64,983,637 26,030,634 34,282,202 I 842,075.04 875,592.31 3,328,872.63 1,361,732.16 1,919,952.14 * 47.70 47.77 51.23 52.31 56.00 Original Equipment - Pressed Brake Lining 1,850,524 2,914,741 6,047,785 10,276,303 14,408,370 $ 75,762.27 114,452.66 268,898.88 521,155.34 758,440.20 $ 40.94 39.27 44.46 50.71 52.64 Replacement - Pressed Brake Lining 3,265,650 5,774,590 17,286,447 17,399,207 21,140,009 * 157,401.39 179,217.81 881,032.12 978,128.42 1 ,242,416.90 $ 48.20 47.48 50.97 56.22 58.77 % Gross Profit of Net Sales 27.88 % 26.05 11.10 4.35 * 4.91 * 61.36 % 60.40 46.96 32.45 34.87 * 27.12 % 25.70 20.86 24.43 * 24.24 * 34.87 % 54.13 26.83 21.95 * 23.24 * * - includes LIPO adjustment