Document kDjN5BvpknYjZo2myZp4xrRJO

ill Pi^ipw**rnrnwimmm****mII .iBBWPUg LIA14161 9 HASKINS s SELLS ctT>n *uLtc ccowwT>urr TWO tKOiOWAT NEW VONK 10004 January 23, 1967 ACCOUNTANTS' OPINION Lead Industries Association, Ino.t Ve have examined the balance sheet of Lead Industries Association, Inc. as of Deoember 31, 1966 and the related ukMtwBui, ui income, expenses, ana fund balanoe ana toe supplemental schedules of cost of publications - net, adver tising and promotions for the year then ended. Our exam ination was made in accordance with generally accepted auditing standards, and accordingly Included such tests of the accounting records and such other auditing procedures as ve considered necessary in the circumstanoes. In our opinion, the accompanying balance sheet and statement of income, expenses, and fund balance and supple mental schedules present fairly the financial position of the Association at December 31, 1966 and the results of its operations for the year then ended, in conformity with gen erally accepted accounting principles applied on a basis consistent with that of the preceding year. ! 9 Ti' "JUS up ijj.mw.ism" ww IMtaftMbtfMilMUrih da'll.. ***i mmaii iPPWPiPBWPlfWFiPffWP'WWf LIA14162 a LEAD INDUSTRIES ASSOCIATION, PTC, ____________________ BALANCE SHEET. DECEMBER 31. 1966 ASSETS CASH - Operating funds (including savings bank deposits. $155,517.19)........................................................................................ ACCOUNTS RECEIVABLE........................................ AUV*nuiU> rUK TRAVEL EXPENSES........................................................... AIR TRAVEL DEPOSIT..................................... .......................................... PREPAID ADVERTISE*}.............................................................................. $190,632.12 1,015.44 2,625.00 425.00 10.287.59 TOTAL............................................. $204.985.15 > LIABILITIES AND FUND BALANCE ACCOUNTS PAYAELE.................................................................................... $ 20,139.00 OPERATING FUND........................................................................................ 184.846.15 TOTAL............................................. $204.985.15 See Rotes to Financial Statements. ,-s i a murnm *M' M'1 i>wi N3458,