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S C o a 3 W-l O *: I 5* -o S3 *3 1= 04 S.6S s ! s" O O' g U e i 13 J3 73 2 a, '3 M 'O 3 3\ C -- u 00 .2 -T 5 .5 SO ^ 7u t2 C <C C s C-V .2 y O T3 y 0 1 y a c &s 2o o - a a && Cwe --c-a T9w? c .2 3 z- 23 --i2> aa> 3 00 v) j s 3 ?. co 11 to 3 o a SH Sf iSZ 5, o o 4> 3 "i .a o E2 so Q 5 c^ o ocu f 23 c .3 3 .S o >< ati W S oa H Z O s yj O aS a V3 O as Q Z a > j o >- accumulated earnings o f subsidiaries are distributed to the parent company, since such taxes may never accrue. 2 n J ^ r- O e2 <8 J || So o-- -- U g, ST ^ S< 3 I S .0 5 2 J A- g j : g ar 3 "1 <8 Qt s % aO A^ < j0 s - 3 >> e |=3 G y a. | a g, J3 e ^a < La do* ao -~C U U a* * %- 2 s|3CO U o a^ 5 -9 j= H -c >o s OO 3 is ^ a i s &2 &S V C Q so VM C y .& o ^ g 12S Zl 3 .5 = H 3 .O ^| --3 JoS O* _c -H M3 u ^ *> S2? &ai JS -3 | ai I8 CJ 4> xi 3 5 so e `5 .so2 3 8u a c5 S gf 25 w JS te .S .2 "3 B '3 . . 09 is 0 fl us 3 Oz v0 3 m cl .5 -8 > o a> o 0000-NLI-0000J 8784 National Lead Company and its Consolidated Subsidiaries T e n Y e a r R e v ie w o f O p e ra tio n s foreign subsidiaries are not consolidated. c o n om 00 n oC to 00 m f*1 m Tf rn C-4 sO fO in m O 00 m rf r- <N o v <t os rn os 3 in oo ''t r^-t o' oo <s ''t 't <n in r- <t <3\ O Os Os n rn in oo t r-" in K Ok O S o 'c ou vj u 8 < 3 (2 0000-NLI-000018785 > 67>o <3 3 O'S 52 d3 Uj ^ 3 "2 a .5 5 i"S H 3 75 5I ll SH _Ts2Jj 8(3 z,, oc *o * *o s* O r= uO UJ _. g< `32 2h flo 11 Z "> C/5 2 CO C6 , U< Z 75 s 75 O C C HO 5 ztu ra. j.< Si ' OJ Si W -a s 8t O3 g c< a<* < 5z< **SaO* 2a 2gs aS 111 H J 33 U1 > v X H ?a H eu 3 c*O 0ha Z o 3* -* 3 'C 3 TUC3 ft. *3 L. 3 o , t 55 H .3 H3 a Je gX. g JO 5 3. 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