Document qmdrNo3E30b2aE2jrnoqX4mD5

PLAINTIFF'S | EXHIBIT I TPI-475 .^TYLER PIPE INDUSTRIES, INCA CONSOL IOATED BALANCE SHEET DECEMBER 27, 1980 ELIMI- CAST CCNSCLJCAT EDNATIONSIRON D>V. UTILITIESPLASTICJS. CURRENT ASSETS .. ___________ ______ ______________ _____________ ____________________ __ CASH _________ __ ___________________276308____________________________ 276308 _................ ACCCUNTS. RECEIVABLE, NET152321C399899909378339136*.529 INVENTORIES ______ _ FINISH DC CCCOS ____ _______________ ________________ ____ CAST IRON 26027981 18651691 7375890 _ PLASTIC __ ________________________ 1895591_____________________________ _________________ _____ TOTAL FINlShED CCOOS 27873C22 18651691 7V75890 RAN MATERIALS _ ______ _ 93991E5________ __________ 3335023 LESS LIFO RESERVE -13836621 -9902119 -3692319 TOTAL INVENTORIES 18935586 12589550 3683521 1895391 1095591 1069162 -792188 2167515 PREPAID .EXPANSES23l_827113656 8279 9892 TCTAL CURRENT ASSETS_ ___________29J76S29__________________________ 22569959____ 8070139 3591931 INVESTMENT IN SUBSIDIARIES CAPITAL STOCK ADVANCES RECEIVABLE Ci-ANCM OFFICE LONG T-?y DEBENTURES tctal investment in subs INTANCICLES G OTHER 0 0 0 3C739538 582735 --297561C3 -1000C0 -199G8675 -99262093 (ei (A) (6) (A) -582735 59983C5 100000 19988675 19959295 30739538 29307798 29307798 PROPER TY, PLANT G ECUPMENT LAND DU IL3 INC LEASEFCLC IMPROVE. ''.AO- INYRY EQUIPMENT TRANSPORT AT ION ECUIPM6NT CONS f F.UCT IC.N IN PROGRESS ALLOCA 7 EO PROP, PLANT G EOUIP TOTAL FRCP, PLANT 6 ECUIP ALl.Cvi ".XCE FCa C6PR6C 1AT ION NET FRCP, PLANT G EQUIP TOTAL ASSETS 850837 I02C8C52 975736C8 11796C9C 5389779 75813316 --45969208 30399 1C8 S 5260170 -99262093 850837 9308985 353C1589 11 796090 5389779 -ICCOOOCC 93642230 '-37767698 15379582 89132819 290570 6299281 10399? 5972738 10000000 16589851 -9650861 ' 1 IB98S50 99276927 5531235 -3013699 2570536 6112967 -- -------- t A > EL IM I NATION OF INTERCOMPANY RECEIVABLES G PAYA8LES (8) CL (INATIUN CF INVESTMENT IN SUBSIDIARIES -- CONFIDENTIAL T-6440 nFPFMRER _TYLER PIPE INDUSTRIES, INC. CONSOLIDATED BALANCE SHEET DECEMBER 27, 1980 . .. CONSOLIDATED ELIMINATIONS CAST IRCN DWV UTILITIES CURRENT LIABILITIES TRADE ACCOUNTS PAYABLE ACCRUEO LIABILITIES INCOME TAXES PAYABLE 8107731 *757966 I09C6 ________ 7359*76 _ _ _ *670701_ 10906 80123 612C3 0 TOTAL CURRENT LIABILITIES 128766C3 120*1083 1*1326 PLASTICS 668132 26062 0 69*19* INTERCOMPANY ACCOUNTS PAYABLE ADVANCES PAYABLE LONG TERM DEBENTURES ___ -- _ . -- 395569 .C 2C96*G5C TOTAL INTERCOMPANY PAYABLE___ 21360C19 ---- -297561C3 (A) -1*588675 I A) . - 395969 2*307798 2098*050 --**7**778 -- *5687817 - ... 1*988675 _ 1*988675 5**8305 5**8305 DEFERREC FEOERAL INCOME TAX 2576011 2119837 223853 232321 SHAREHOLDERS ECUITY ____. ____ _____ __ _ .. ...........__................ _ HOME OFFICE COMMON STCCK ADDITIONAL FAIC-IN CAPITAL RETAINEC EARNINGS 12-29-79 NET INCOME -LOSS 52 WEEKS . . 1CCQ 59CC0 *7838*68 10*89069 -100000 (B) -1000 (B) 583735 IB) TOTAL SHAREHOLDERS EQUITY *8*27537 _ *62.735. TOTAL LIA8. C S/E 95260170 -**2620*3 ____ ..... 1000 99000 23628299 5555783 1C00C0 23596367 5226706 2928*082 28923073 89132819 **276527 ____ .. IA) ELIMINATION OF INTERCOMPANY RECEIVABLES L PAYABLES IB) EL IM I NATION OF INVESTMENT IN SUBSIDIARIES 1000 30067 --253*20 -262353 6112*67 '' -------- CONFIDENTIAL I-64464 ____ TYLER PIPE INDUSTRIES, INC. CONSOLIDATING INCOME STATEMENT FOR THE 52 NEEKS ENCEC DECEMBER 27 , 1980 -- - ------------ - ------------ ----------- CCNSCLIDATEO ELIMI NATIONS CAST IRON DtoV UTILITIES NET SALES CUSTOMER INTERCOMPANY______________ _______ ~171860941' 108294589" 47959714 -28771066 (C)__ 28641084. ______ 65289 TOTAL NET SALES 17186C941 -28771066 136935673 48025003 OTHER INCOME -EXPENSE ____ _5Q74 86 _____ 546308 5337 TOTAL INCOME________ ______ 172348427 -2 8771066 ______ __ 137481981 48030340 PLASTICS 15606638 64693 15671331 -44159 15627172 COSTS EXPENSES MANUFACTURING OPER. COSTS SELLING* GENERAL ADMIN EXP . 135495CC7 "~ -28771066 Tcf 11952442 TOTAL COSTS EXPENSES 147447449 -28771066 PROFIT PRETAX/ INTERCO INTEREST_____24920978 INTERCOMPANY INTEREST__________ ________ 6013010 PRETAX INCOME 18SC7968 113413753 9199229 122612982 14868999 4974391 98946C8 PROVISION FOP INCOME TAXES STATE FEDERAL TOTAL 1398C7 8279092 8418859 139807 4199018 4338825 NET INCOME -LOSS ------ --------- -------------10489069 "5555783 35567188' 2031102 37593290 10432050 793490 9638560 4411854 4411854 5226706 15285132 722111 160C7243 -380071 245129 -625200 . -331780 -331780 -293420 IC) ELIMINATION OF INTERCOMPANY SALES CONFIDENTIAL T-64465 M CO --'CnN^CsNT iWn imTi rC vO cn 00 eg r-. eg C\ eg p-< mein eg n rO"-xx' <? r-x. oO eg cnj ctn f-g co eing p-i co h v\oo \o er*gx. eg m ph OxOO DO m--* ecgo #O--'i SI O pH \pDH ON 00 --1 co no m O eg <r 00 o CO O cO O O O cp OnJ On ex >3* CO o sO ON <r in f-g vo eg o O n m co ^h xj co eg n nm 0*0 eg ON xf O-nTHvO on n n h oo eg v ex O' 00 i--4 pH CN i--4 pH cn ecoo^enogooee*oxgNj- Nmo Oceoxieog *ce0ox npH *jhco eg oegn ehg ph reo-n* ecrxolppnDN rrH-T pUr xOexj' xj* ex ooon emogo -smOO goe pH poH HH 0smO0 | expHgj eg o--o* ooo mco xoj OONOSOO engnincOsiOnN mgr n<r <oin>f I|B on fcxni fD8 (mNvrijNo>Vexpog r-i <wr ci--ot \0 eg eog voo <mj- \mo on O m vo oo so ex co rH 00 in ex <T VO pH O NO sO H 00 ON xj 00 so m co eg m ph on* 00 H ON ON ON eg os N JN 3 Hf n) n eg On e xt o coo c*oo xO veox eSxtOxf- pH. oxjn- *4oONn so oOnN on co on pH o 00 eg 00 mON ex eg O On O m eg O so eg O vfl*j n e*oo n egxjxyOpHOO'O co VO m m m rH so pH m rH *o* *o m H 3 g sO ex pH H e*x 3 3o CM inn non HOnCeNg JsoOmN (nONnOjvOO*--OOJ'*WOOn" TYLER PIPE INDUSTRIES. INC. N S /U N IT S /L G S . CONP/VURflN H I Til L /'S T YFAP. ** U z m eg ex eg cmm h*-h own co i , e<grceoiNcotono 09 H3 on cj ex hr. \ c i! ov t~ | H QJj 1 V CM oo O ex x5* co so i 00 O SO pH 00 O m 1 eg *0 eg oo ex no so m m cm *o <o h co 00 CM U0 pH 5 pH o ON O Ov pH oo m gr pH xf co ON eg* N sO O ex ex ex *o eg O *4- m so oo e** oo <r pH On ex. co pH OO CM xj pH sO*o` pH PO eg n m* CO sO sO pH xtf xJ> 00 lA On sO -O CO m| cono|l g g \Tt ili CmM oe-o"exxgox^, CHM ex sC0O peHx ph VmO cm smcoo mmm pmr*H* i nsOO' SCOO spHo CO mo poH CO ex *poH pxpHOH SOnO pmH ex pH pH Ofgnx m , NeJOOx CooM xccOoo somo mex ecOox emox peHx m"oo* mpcHo sOeONx X pCHO 3 on icinAo O<exrCcoMo XX 00 psOh mpCHO psoOH oxsOTo . X Xx ex eg mpH pH SI r0Om0N* CM 5 yr <' Qi CzOl Pu0H. a pxHJ ic/1 10 o p- frHuc-- r- w,<yJi ctno;. u Aah.. in V"N z [V3I ph HHlU-H0) -- oz i;T^:J ".* ou .j; iu r> :Hj <jOa->.; , touuo. OtHu4 Mxlytj U J CHHN 1U0 r*b0Jt * H r., xPf-HHJ UfhM. l-> L. ^6H, -2* a. v. ppzi b rj fk h v,,; H .^ H VbN '/l C1rO4 OHX1.4j'. j; p Lo; '-J: ._4 (D Mu c<; c1 M1*1| p> u' Sj "I.bT.:. u*<i- i r1. *C1 1* u tP1-H1 o rf 1o. . 1ft U1 Pa4. PozH pLh^* k. CO ph Io/O b Och r,, ePH P-t pJ *j f; CLg4M) < a >r ill u. u ;: u* o b: oeH CONFIDENTIAL um me* f if e ikcinf tes. ic c. -LC\i.O_xL/ UC-C/U.M-i.. S l- c I ( EC EMEf El, IS EC Cl ft: EM ASSETS CASF - .... TfiCE ACCCLMS FECEIVASLE . L-E--S. -A l l.X AfM f .F1;A_CCJlEL ELL ______ :_____ ACCCLMS ' 1 S325SS2 -- -2131 2 763C6 li.li.USJ. IM EsIC1IES . . _ ____ __________ ____ FIMSMC GCCCS LAST IPCMt FELMEC FFCCIC.I1______________ 2tC27*61 PLASTICS I6FS5SI :ULLIC.12_____________________________________________________________________________ h/h wATEF|AlS C FLFCFASEC FAFTS <2SS1E LESS LlfC FtSEPVL _- l 2 .216 2 l l35e< PPFFMC EXFtFSES 231627 ICT/L CIFFEM ASSETS < 1 76S2A IM FF CC F F /Mr : ACIAKES FECEIWELE. - T T l H .CCF FC P A T ICJL_ C IMAMiELES t CHEF ASSEIS: SLMFY FECE 1W E L E S CLfCSlTS, ETC. 2C 72SS26 FFCfEFVi , FL/M, t EtllFFEM: LAM . . . . _______ . ClllCIfC t LE/SEFCLC HFFCIEFEMS rACMM.KT E fCllfMM ______________ TFAFSFCFTAT ICE ____ CCMJf-LlXlO. _H__LFXCFMSJ_____________ LESS /LlCIr.AKE FCF CEFFECIATICK. 6EC62 7 _ _ 1C2C6CE2 . FiS*i2CE_________ 1 ITStCSC ___ J 'EM IS 7S8122U -M S4S2CE ............ 2C2FS1C6 TCT/l ASSETS *52^0UC CONFIDENTIAL T-644S7 TYLER_P I PE INDUSTRIES, INC. CONSOL IOATED BALANCE SHEET CECEMBEP 27, 1980 LIABILITIES C STCCKFCLOERS EQUITY CURRENT LIABILITIES: TRACE ACCOUNTS PAYABLE ACCRUEC COMPENSATION, INTEREST, INCOME TAXES PAYABLE TAKES, ETC. TOTAL CURRENT LIABILITIES INTERCOMPANY ACCOUNTS PAYABLE ADVANCES PAYABLE LONG-TERM DEBENTURES NCNCUPRENT CEFERREO INCOME TAXES STOCKHOLDERS EQUITY: COMMON STOCK CAPITAL SURPLUS R ET A IN EC EARNINGS TCTAL LIABILITIES ANO STOCKHOLDERS EQUITY 395969 0 20986050 1000 99000 5B327537 8107731 6757966 10906 12876603 21380019 2576011 58627537 95260170 O0N^nAi _________IYLER PIPE. INDUSTRIES INC.,__________ CONSOLIDATED STATEMENT CF INCOME C PETAINEC EARNINGS FOR TFE 52 MEEKS ENCEC OECEMBEfi 27, 1980 NET SALES:_______ __________ CAST IRON C RELATED PRCCLC1S 156254303 PLASTICS 15606638 _______________________________________________________________ _ CThER INCOME COSTS ANC EXPENSES: MANUFACTURING C OTHER COSTS SELLING, ADMINISTRATIVE t GENERAL EXPENSE____________ _____ _ 171860941 507486 ____________________________ 135495007 11952442 147447449 OPERATING INCOME BEFORE INTEPCO. INTEREST _ _ INTERCOMPANY INTEREST 6013010_. 24920978 __ PRETAX INCOME 18907968,. PROVISION. FOJ INCOME TAXES:; STATE 139807 FEOERAL;827909,2 8418899, NET INCOME _____________________________________ ________________________________ _______ __ ____ 1C489069. REI ATNEX-EARN INGS_BEG_INNINC 0F PER1CD 12/29/7947838468. BALANCE, PETAINEC EARNINGS ENO CF PERIOD ______________________ __________ . 5832753T ____ TYLER_ PIPE INCLSIRI ES, JNC.____________ CCNSCLI DATED CCMPAPAT1 VE BALANCE SHEET __ OECEMBEP 27, I960 CASH RECEIVABLES INVENTORIES PREPAID EXPENSES TOTAL CURRENT ASSETS CAPITAL STCCK INTERCOMPANY-ACVANCES rec. INTERCOMPANY-ACCOLNTS REC. INTANGIBLES C OTHER ASSETS PROPERTY, PLANT C ECU IPMENT ... TOTAL ASSETS 12/29/79 403Ce4 1621C492 19914169 238944 36766689 274134C 0 ,234498 30860C64 28659C98 99261689 CURRENT MONTH 276308 15232803 18435586 231827 34176524 0 0 0 3C739538 3C344108 95260170 CHANGE _ INCREASE' 1QECREASE) -126776 -977689 -1478583 -7117 -2590165 -2741340 0 -234498 -120526 1685010 (A) (8) -4001519 TRADE PAYABLES ACCRUALS INCOME TAXES PAYABLE TOTAL CURRENT LIABILITIES INTERCOMPANY-ACCOUNTS PAY. INTERCOMPANY-ADVANCES PAY. LCNG-TEPM CEEENTURES DEFERRED INCOME TAXES STOCKHOLDERS EQUITY TOTAL LIAB. C STKHLORS EQUITY - 5844610 4047413 63643 9955666 443745 234498 314145C8 2466464 54746808 99261689 81C7731 4757966 10906 12876603 395969 0 2C984050 2576011 58427537 95260170 2263121 710553 -52737 2920937 -47776 -234498 -1043C4S8 109547 368C729 (C) -4001519 A-OTHER S -120526 (MOSTLY RECLASSIFICATION OF SUNDRY RECEIVABLES) B-CHANGE REPRESENTS DEPRECIATION CF S <996104 NET AOOITION TO PROPERTY, PLANT ANO EQUIPMENT *8681114 _____ C-CHANGE REPRESENTS NET INCOME, ILCSSI * 368C729 CONFIDENTIAL T-m T *LtP P I P t HUHf iES, If C . -a.f_UL.lCMU' .UlF..E.._/`fC t f f.L HU! Kf Cf_.Uf[L_EUUPEfJ F C r 1 h t *2 kUni E f C E t CECEfttf 2 i , 1 S E C SLLb.CE. Cr..LtlLl 1. ^ET 1^CC^ _ _____ _ . . __________________________ __ 2EEC'J 2 S 2. CEFKEClAUCf Cf P L f M tUIfKM fcFSEICl -<>. CECF EA E E IN CLPPEM MUTE _ _. . ___________ ___________ 2 P 12 2 E S 5. CECPfcME If IMAKIElES 12CE2E _ t.___ itiLLEJ S.E iULLPP EfL UJC.1.1 LllLi J2_5.2 C S3.7 E. INCfE/SE If CEfEF'EL IfCCfE 7 J > E i 1C S E A 7 11. CEUEUE If If TEFUM-AMf FECE I V ElE _________________________________ .. 22<SSE 12. CTFEP - IfVESlfEfl If A 11 A FCFCEf 2 7M24C J_U_____________ LJ A L 5CLFCF.S_________________________________________________________________ 1SM7 C7C AfPLlCAt ICf Cf f Lf C $ IE CAP ITU EUEfCIHFEi 1 f 1 CF FETIPEFEME) 2 2 EEL? tAS E If IMEKCff APT. FASAELti_________ 22 tECPEASE If IfTEf CCfFAM rASAeiEE 2 7 CECFEAEE if LCfC-lEPf CEEEf HPEJ .... ____ 28. TCIAL AFPlICATICfS 25.. . CASE CFAfCE .... ... _______ 3C. CAiF - EEC Iff IfC Cf fEf ICC ____ 21.___ LA-U - EM-1A.C CF F tf ICE Ell 1 114 < 7 7 7 23AASE 1CMCS5E IS2S2EA6 -124776 AC2CE4 _i.TE.2CE.. CONFIDENTIAL T<64471 TYLER PIPE INDUSTRIES. INC. SUPPLEMENTAL LNILRMATION EECEMBER 27, 1980 INTERCOMPANY TRANSACTIONS SALES - (YEAR-TO-DATE) PURCHASES - (YEAR-TO-DATE) COMPANY C4H C&H $ ADVANCES RECEIVABLE TYLER CORP. ADVANCES RECEIVABLE ATLAS POWDER ACCOUNTS PAYABLE ADVANCES PAYABLE TYLER CORP. TYLER CORP. AMOUNT 8,940 2,521,888 -- -- 395,969 -_ SCHEDULE OF TRANSPORTATION EQUIPMENT AND EQUIPMENT BORROWING BASE TRANSPORTATION EQUIPMENT AT COST DEPRECIATION OF TRANSPORTATION EQUIPMENT # . BOCK VALUE OF TRANSPORTATION EQUIPMENT DEBT. SECURED BY LIEN ON TRANSPORTATION EQUIPMENT ITEM 3 LESS ITEM 5 BORROWING BASE (85 7. OF ITEM 6) $ 6,240,086 2,815,185 3,424,901 3,424,901 2,911,166 CONFIDENTIAL T-64472 TYLER PIPE lI!I)l',m:TT:,S. INC. INCOME TAXES PAYABLE MONTH ENDED 12/27/30 FEDERAL STATE BEGINNING BALANCE $ 1,222,950 $ (1,202) TOTAL PROVISION FOR INCOME TAXES CASH PAYMENTS TO CORPORATE (FIT) (1,222,950)' 12,108 PAYMENTS OF STATE INCOME TAXES RECLASSIFICATIONS AND ADJUSTMENTS: DEFERRED PROVISION FOR INC. TAXES RECLASS. OF CAPITAL STOCK TAX TRANSFERRED TO INTERCOMPANY ADVANCES ENDING BALANCE $ -0- $ 10,906 o1 1 </> YEAR-TO-DATE FEDERAL STATE 8,169,545 (7,617,003) $ 63.643 139,807 (192,544) (552,542) $ -0- $ 10,906 CONFIDENTIAL T473