Document xzx60vd14db7xx1wGqGaLXbG6

...s'.', I-ft 'Jwv'TJ -S', * V V .'?iJ' 7". PLAINTIFF'S EXHIBIT ^ISE BEASDON '0CKPAHY AM) financial awcasarcs December 19^5 iTitTiilBIliiliir'irf'r"-'1--'..... - THE REARDON COMPANY AND SUBSIDIARIES CURRENT ASSETS Cosh and Treasury Certificates BALANCE SHEET December ?1 1>65 ASSETS The Reardon Co Boqdex International' The Reardon Limited 556,788 64,754 275,484 Eliminations & Conversions 19,174 Consolidated at U.S. Dollars 857,352 Accounts and Notes Receivable: Trad* Intar-Co. . Othor Total Receivables Loss: Rosorvo Not Rocaivablos [nvontorios (at Standard Cost) Loss: Rosorvo for Obsolosconco Not Inventories Unexpirod Insurance Total Current Assets 446,076 3,046 6.559 452,635 11,000 44l.6l5 3,046 i.o45 433,873 48?.371 9,392 . 1.471.688 67.600 145,473 5,691 721 151,335 2,007. 149.878 151,777 151..777 2,132- 579,271 10,125 5,691 15,867 l4o 15f727 10,564 10.564 148 45,613 584,470 7,229 591,699 12,867 578,812 625,086 625,036 11,376 2.073.146 PLANT PROPERTY AND EQUIPMENT Land and Improvements Building and Equipment Machinery and Equipment Total at Cost Lass: Depreciation Reserve Book Value 73,145 721,227 376,626 1,670,99^ 945.^7 725,671 - 11,526 178,200 189,726 117,512 : 72,2x4 747 8,387 9,134 5.310 3.824 73,145 732,006 1.046,439 , 1,651,590 . 1,057.529 794,061 INVESTMENTS The Reardon Company, Ltd, Bondex International Capitol Stock Other Co.'s Total Investments -A" / ' 'S'; OTHER ASSETS , .. .... Trademarks : Cash Surrender Value of Life iniuranc Deferred Charges '' Receivables with extended maturities Total Other Assets 46,200 i 5,000 2.560- 53,760 -' 46,200 5,000 51^200 .9,635 10,409- 'yX'.'To.I.sy.'S--xe'/-'.gr--.V 't."*' . .1-. . v*... - .v ; . V-` -V . ' ' 2,650 54,609 57:259 .. . CCA 184 3,046 3,230 2.560 2,560' ..774c; 12,101 51,563 .. 64.4?8 . TOTAL ASSETS \" CURRENT RATIO 2,261,528 ; - 67,800 - 708,744 ' 5.44; :`V 134l: ' 9-29 ` 103,867 . 2,934,205 5.32 \ <~` m:-7. - " r .. ; * .. -.V- -. H.Iiv *' <:r. .W-v - -CA BON - 00900 '",<V THE REARDON COMPANY AND SUBSIDIARIES BALANCE SHEET 1 > CURRENT LIABILITIES Notes Payable Accounts Payable Accounts Payable Inter-Co. Other Accruals: Payrolls Payroll Taxes State and Local Taxes Federal and State Income Tax Accrued Advertising Sundry Total Accruals Total Current Liabilities Decaaber 31/ 1S6? LIABILITIES Tti* Reardon Co. Bondex International The Reardon Limited Eliminations & Conversions Consolidated at U.S. Dollars 160,980 4,106 ----- -- 518 1,535 30,Sit ------- 'fij '`J------- * ---".`rn1"------ - 2,131 5,691 --9C2_ wj 1 12,209 2,398 67,722 7,576 90>40$- 270,438 ' 253 2,700 2 > 95-3 5,056, 1.-895 16,898 18,793 62,369 132 1,176 -1,308 10,032 189,984 37,004- 14,225 2,898 86,144. . -7,576 -140,843327,831 LONG-TERM DEBT Notes Payable Notes Payable to Subsidiaries Total Long-Term Debt CAPITAL, STOCK.*1 366,88t' 5,000. 46,2nn,,.._. . 51,200/.. 3 ^.SURPLUS EARNED' Beginning of Year : Profit Year to- Date. iv ..Total.;'.:-';'-;.-. - Less: Dividends ' 1 1,950>769.; 104,254...... 2,055,023- -58,-6oS' 54,656^- ". 523,292 7**83?- ' 57,744.-: : 600,175. ' 37,337 5,298- 42,635 , > ~ "Tj-.V? -jerv'r^r ' v.2,49l,38o^^5?v - i78,9t37-.4% 2,670,307; '--58,6o8-'----& 2,611,699- syp ' V- .'vT. ^ -Sv'( ' 10.0d -- a8 l>201,5ti50 6 2 , 7 5 1 6 , 9 0 2 1,780,896' 1,132,285 59,656 422,Mf6 1,614,387 cu o co ^t VO O 5\ (U H 03 XT>, c4 cv cv f*~ X -P tu to 3 C m -p c H 3 as U Pi tao) So 03 O <3 ro -a* CM >r.' O'. w 01 -f -* > r-i Ov (', L'-. *s i CO o l-- o I--t C\ .YV Vx Vil <Y> f- cv* t-tu lo <f' W `3J ass" rn O1 t-- in Vfr f?1 cr% co pH or* K* CO cy 8 tv* o w lc'n\ a Sci--v4 CM in C' m co t*-* CM n 4V c<';i"* f"{ CM Vx *s <v^ CO vr\ C'i & CO in if. CC & CO tm-- m OV -1 o o\ iH u^ m CM CM t*cv* s in on t.f\ CTv & VO*. cb on clAvV*O3 CV `-A *. ** in r-J 05 VO CM O O** U\ VO i-t co *. 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CQ t p 1--asi -p 0 BON - 00902 -p s tu H CQ CO p Q) tH P. O CO a> 0 to 0) c CQ --H CO X 0) p fn 0 O c > M Net W orking C a p ita l - * -vwfcer 31 THE REARDON COMPANY AND SUBSIDIARIES 3 STATEMENT OF INCOME AND EXPENSE Dsco.iJ.ir 1965 Gross Solos Loss Returned Goods Hot Gross Sotos Loss: Freight CosK Discount and Allow Not Solos Loss: Cost of Solos (Stanford) Variances Gross Profit (Loss) Loss Expenses: Soiling and Distribution Solos Exocutivo Advortfsing Total Solos and Dlstr. .Exp* Gonorol Administrotivo Research and Dovolopmont Total Exponsos Operating Profit (Loss) Other Income (Expense) Income (Loss) 8efore Taxes Loss: Provision for Taxes Net Income (Loss) The Reardon Company Bondex lnt*L Amount % of Net Gross Sales Amount The Reardon Ltd. Amount % of Nat Gross Salas Consolidated Amount % of Net Gross Sales 340,494 ICO- 2 71? .2 339,775 --247239-- 4,967 29,276 310,499 100,0 / L 1-5 6.6 910 4 211,290 50,395 62-2 14,6 160,695 vr-* l4<?,6c4 44,0 2,526 2,526 51 54 3 2,523 1.179 i,179 1,344 58,760 763 97;957 6, i-ko 2,522 y, 548 89,-49 47,035 8,170 100-6 .8 109.0 bb 2-6 9-2 90-8 40-0 .8-3 36,065 -~ 3971.... 50,184 51 -i 441,780 1,482 440,298 30,564 7,563 36,227 402,071 259,504 58,565 7:0), 939 201,132 100-3 -3 100-0 7-0 1-7 STT SI.3 58-9 13-3 45-0 I 45-7 46,4f8 10,154 37,176 13.7 3.0 10.9 490 13,569 13-8 5,337 6.0 60,537 10,154 43,013 13-7 2-3 9-8 852 46,920 2,664 48,732 100,672 4,363 105,235 46,coo 59,235 .2 13-6 -8 14.4 29-7 1-3 31-0 13-5 17-5 ' 4oo 490 7,732 9,171 1,000 439 354 50,623 549 ' 1 s 0.12 1,403 700 703 51,635 19,0C0 32,635 7-3 9-4 1-0 .6 51-7 lo0 52-7 19-4 33-3 7,370 37,749 3,664 48,783 152,349 5,924 158,273 65,700 92,573 1-6 8-6 -8 11-0 34-7- 1-4 36-1 I I 15-0 21-0 I cuuuu CHANGES FROM LAST YEAR increase (Decrease) Hot Gross Sales Increase (Decrease) Net Solos Increase (Decrease) Total Expenses Increase (Decrease) Income before tax prevision 149,321 141,042 3,513 73-4 33-2 7-8 403 . 6,665 43l 3,957 96 3,532 74,534 242.8 1,657 368 7-3 4-7 -7 156,409 145,480 77 55-1 56-7 .2 73,245 26.1 THE REARDON COMPANY AND SUBSIDIARIES ^^STATEMENT OF INCOME AND EXPENSE tt Sol#* s Returned Good* Gro* Soles *: Freight Coth Discount end Allow Sol#* its: Cost of Sol#* (Standard) ' Vorlonc#* s Profit (Lost) 'Cvelva Mer.tV-J to Date Decej:b'-r 15o5 The Reardon Company Sondex IntM* Amount % of Net Gross Soles Amount The Reardon Ltd* Amount % of Net Gross Soles Consolidated Amount *of Net Gross Soles 3,268,051 100-5 15/T67 aj 3s252,26U --303,040 6l,9U 365,759 2,836,,.505 LOC.--0 ')* 4 1 9 11.3 ' 83.7 1,859,125 24,217 57 i 7 25778 1,032,645 12,479 25/576 A.,020,166 IT^S ' 6.12 pa,lOj 34,394 2,CfB 92/!? < 23,300 527,669 12,426 457,653 4/747 101-2 l.:2 100.0 ?* 1 O ? 91 S0.9 43.8 5 4,326,074 100.7 28,266 A 4,297,308 3537W 96,917 460,334 3,837,474 ICO.O 875" 2.3 Z.Q 4 ^ 89.2 2}369>211 551 19,470 .4 1,834,508 1,051,557 56.4 12,428 502,405 32=3 10,872 425,264 4?a 3 2,349,741. 54.7 41.6 1,487,733 34.5 999 E*p#n#*r Soiling and Distribution Solos Executive Advertising Totel Solos ond Dlstr* Exp* General Administrative Reseoreh and Oovolopmont Total Expenses iratlnf Profit (Loss) or Income (Expense) .on* (Loss) Before Taxes* east Provision for Taxes t Income (Loss) 'oreign Exchange CHANGES FROM LAST- YEAR Incraasa (Dacraasa) Nat Gross Salas fncrsssa (Dacraass) Hat Salas Incraasa (Dacraasa) Total Expsntss 511,825 60,377 64,725 636,927 232,692 38,001 907,620 143,977 28,277 172,254 68,000 1/104,254 15*7 1.9 2.0 19.6 5,024 5,024 169,237 40,363 209,60c 16.6 4.0 20.6 686,086 60,377 105,088 851,551 16.0 1,4 2.4 19.8 7.1 1.2 ! 80,108 7.8 312,800 ?3 12,000 1.2 50.001 1.1 27*9 5,024 301,708 29.6 1,214,352 28.2 4*4 5,348 123,556 12.0 273,381 6.3 9 60 : 11,327 1.2 39,544 o9 53 - 5,788 134,683 .13.2 312,925: -7c2 2.1 2,700 '58,060 ^J'O,32 1^3,088 883 37 - 128,700' 7.5 184,22^ 3.0 `4.2 - 5,296 - 250,153 8.3 271,95? 10.4 6,619 A 71 . 15,099 177 41,382 .85 1T,8S8 . 1.5 - 235,125 - 4.3 ' ' 230,754 5-6 li,334 5.8 6.4 : *9 BON - 00904 Incraasa (Dacraasa) Incaais- kafccs fa* provision-: l . . 3.84,541 9,484 3,446 171,611 . . i2i.4 J ' $ due to conversion to U. 3. dollars and unrealized loas on foreign exchange $5,298.00. p p 04 i ,/\ u\ 'O CO O (- i J*\ l, * *s \ O'' /N <tH <D m -i' P-i- ."itK'J C-l n\ in 'O O i--I 0 0 Nfc. c vi A '. *3 ,'N fM -" no P p .-I to P P J.-:to <H W CT. . <' . . ,\i -nAun#1 o l-_.*v ,n| o oVl - M O pH > oJJ cj o n o .nrs U-. o A. 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A o r-1 d Ji 3 CO O VV -=f --f .,r*-> 'X .0 CO O' !* oa <a r-1 tH i--1 a <e W M & vo <} p CO X 0) b0 <S V.A p CO CO o a) o r-1 t$ 5 H co o m O'. Of vO 38 i-i c: c 0> _ sg 5 o c cc p d co to >4 a> i--! +5 as co aS as d m .-n .-4 a Ov V r-| 'A C4 VO eg A \cy CO (5 *cv KC H H '> un cn o -ar VO cv cA A OJ vo M UA ,V1 CJ r-i A w co CO a> P H O P au 0) CO t*ri CO 03 1--I co <* r-1 03 o 5co o P4 03 (Q fn H w 2 08 -p 0) p U a) P a> CQ 3 -r- r-4 p 03 -p 3 3 o a<o H 03 XI o p4 r-1 ap C3 S <5> 1-3 oJ$ 3 d 03 -p -P 1--!d fctf aJ !--{ o o 03 P . > 4-i d "d fn u UO 3h 3h O o pH Q PU O P4 s S !> co <P <U O r-4 1J4.cS JO on LTl 'O Pi cr\ C7V r-| Ov h 04 .n o vo 04 eg -=t pf eg P -d CQ -p -P co <p c/3 oo Jh Jh -P O Pt 03 t--vC -S* H m erv ao m0 5-- m s*n iH pi eg r- H cO egA 0O H r-1 eg ft o CQ rH H H Q <5 Sr -*UJ UA liA UV O t--1 r-4 21 v*3 vo vo & CQ ID b0 cS m r--4 5-. UA O CA C4-r vo -1 eg -o .p i8 ^ -sfr vo H -p to CO o ^ 009 Ov erv <x> 0 eg c- -g* cg *-4 03 U Ca 03 O H Sh P Pc 53 O cu ST 04 r-- <30 r-1 m CO 03 _>* to a a o -p 31u*4 co d OM & IA -P CO d cu d) r-1 fH <S o JO OJ C4 > r-4 -4- 04 fc-CO CA OV & Ov C4 '3 d) CQ X 1--03! -P CO <S 03 id) on_-f > ^ r-t m El CO CO p? VeIgA eg * H fc> m CeCgA -P 02 a) CP T" o a> -p p a c c % o Pm CQ * o 1--i as p 5 u oo o PH ei 0) -p o d) p 03 P oc 3 Ji as t a H u Oo Ph &4 THE REARDON COMPANY AND SUBSIDIARIES OPERATING EXPENSES BY DIVISION AND FUNCTION Co,- sr l'-6? THE REARDON COMPANY (See Budget Statements for detail) South Central Sales Division North Central Sales Division Eastern Sales Division Western Sales Division Special Contract Sales Division Sub-Total-Direct Selling Sales Executive - Marketing Advertising & Publicity Sub-Total Sales & Distribution Office of President and Directors Controller and Administrative Services Director of Manufacturing Research and Development TOTAL EXPENSES Less: Charge to Canada - TOTAL REARDON COMPANY Bondex International Expenses Canadian Selling Expenses Montreal Administrative ..Expense Total Reardon Ltd. Consolidated Expenses Non-operating Expense or (income) Consolidated Net Expenses Budget to Fore cast Ratio on Actual Sales 10,023 3;, 2?0 9,519 7,067 -3.2-3B 33,117 5,629 y.'inO 51,296 3,982 16,061 4,713 '60,486 11.775 92,261 . ~ 518 ' 14,332 13,255 27,767 120,565 (3,953) 116,613 Original Budget ' 13,457 10#c.4l 11,401 9,862 P ,, oitn 47,727 7,272 O. 7~.k 64,753 3,6co 14,525 4,6o h oi l 9l,L49 11.r75 102,2h 413 14,631 13,346 27,977 131,311 (3,oco) 123,311 I Actual Expenses I 11,323 I9,643 I3,38o 11,982 4.650 46,478 (10,154) ^7,176) (852} I I I 14,992 16,424 I 2,729 3' 36,957 11.775 48,732 boo 13,569' (14,008) (439) 43,783 (5,924) 42,359 BON -00914 I THE REARDON COMPANY AND SUBSIDIARIES OPERATING EXPENSES BY DIVISION AND FUNCTION 5 Theirs Mont'.'js tc Data December 1965 IE REARDON COMPANY ^ See Budget Statements for detail) South Central Sales Division North Central Sales Division Eastern Sales Division Western Sales Division Special Contract Sales Division Sub-Total Direct Selling Sales Executive - Marketing Advertising & Publicity Sub-Total Sales & Distribution Office of President and Directors Controller and Administrative Services Director of Manufacturing Research and Development TOTAL EXPENSES Less: Charge to Canada TOTAL REARDON COMPANY, Bondex International Expenses Canadian Selling Expenses Montreal Administrative-::Expense Total Reardon Ltd. Consolidated Expenses Non-operating Expense or (Income) Consolidated Net Expenses Budget to Fore cast Ratio on Actual Sales 140.179 102,054 56,028 63,373 32,536 434,175 65,428 07,756 587,359 36,807 148,4< 43,565 40,351 856,580 (43,225) 313,355 5.201 149,173 1^6.071 285,249 1,103,305 (29,194) 1,074,611 Original Budget Actual Expenses 161,434 j j 120,492 152,517 105,574 : 136,812 103,788 110,584 106,402 . 35,352 43,544 572,724 ; 511,825 07,254 60,377 117,043 64,725 777,036 43,200 636,927 52,804 174,300 167,528 51,120 43,585 48,132 1,093,783' 50*001 '950,345 (43,225) (43,225) 1,050,563 1 907,620 4,520 .5,02.4___ 175,572 : 169,237 160.152 335,724 132.471 301,708 1,391,20? 1,214,352 (36,000) (39,544) i 1,355,207 1,174,808 1 BON -00915 THE REARDON COMPANY AND SUBSIDIARIES STATEMENT OF MANUFACTURING OPERATIONS PRODUCTION COSTS Actual Costs Standard Costs Current Budget iVjce-.aoi.'.r 1.965 St. Louis 144,973 Toms River I 19,162 PLANTS Los Angeles 11,782 178,518 34,612 13,18-2 172,384 33,413 .14,270 Montreal Total 37,310 ! 213,227 45,430 44,545 271,792 265,012 ` TOTAL VARIANCE 33,?45 15,450 l,4co 8,170 58,565 i> of Std. Cost ANALYSIS OF TOTAL VARIANCE 18. 44.6*- 10.635 18.056 21.5)6 VARIANCE BETWEEN STANDARD COST AND CURRENT BUDGET ABOVE: Volume Variance Length of Run (Clean-outs) Material Formula Change Change in Mfg. Standards Occurrence (Heating Program) TOTAL NON-CONTROLLABLE 4,707 497 1,938 107 l.ixs 6,134 l,c6i 36 174 1.199 1,029 25 84 1.088 613 6l 17 535 % 352 425 1,933 107 1,042 6,780 PLANT' CONTROLLABLE: Operating Labor Efficiency Indirect Labor & Salary Efficiency Idle Time of Direct Labor Labor Rates & Premium Pay Supplies, Repairs and Services Material Yield and Spoilage Other Plant Overhead TOTAL EFFICIENCY 179 1,256 191 156 1,308 1,323 506 4,315 31 412 182 l,l8l 1,228 653 29 520 120 47 122 537 76a 39 142 918 3,106 191 341 799 554 474 32S 2,757 4 526 5,.067 Purchase Price - Raw Materials Purchase Price - Packing Materials Purchase Price - Resale Mdse. Inter-plant Standards Adjusted TOTAL PRICE VARIANCE l,4oi 743 82 2.062 131 168 30 2 271 4p 4 43 31 <4d 374 759 ill 28 35 877 2,745 1,065 27 301 4,084 Loss on Rework and Scrap 315 Provision for Inventory LossReveraed 21,349 r-- TOTAL ACTUAL VARIANCES FORECASTED VARIANCE 33,545 UNDER (OVER) FORECAST 35,545 60 14.385 15,450 -------i1 f. mo -- 16,450 825 l,4CO 1,000 2,400 ,, 23 _ 6.473 396 43.032 8,170 ____1,000 58,565 5,000 9,170 63,565 j BON -00916 THE REARDON COMPANY AND SUBSIDIARIES STATEMENT OF MANUFACTURING' OPERATIONS 'RODUCTION COSTS ictual Costs Standard Costs lurrent Budget ,'OTAL VARIANCE ; of Std. Cost iNALYSIS OF TOTAL VARIANCE rARLANCE BETWEEN STANDARD COST OTO CURRENT BUDGET ABOVE: . rolume Variance length of Run (Clean-outs) Material Formula Change change in Mfg. Standards )ccurrence (Heating Program) TOTAL NON-CONTROLLABLE Twelve Months to Date December 3.965 St. Louis Toms River t 1,267,386 343,947 PLANTS Los Angeles 169,186 1 1,302,883 337,468 ' 154,330 1,280,023 349,634 17-4,119 35,502 6,479 4,806 2-754 1.9)4 2.9)4 Montreal 483,324 473,577 481,246 4,747 l.Ojt Total 2,263,843 2,283,313 2,285,022 19,470 4,171 543 18,379 396 168 22,865 12,320 521 704 29 12.166 8,574 344 613 896 9i739 6,092 341 593 2,439 2,669 22,815 707 19,063 396 1,732 1,709 : - . :;* . : *: ` PLANTCCONTROLLABLE: Operating Labor Efficiency Cndirect Labor & Salary Efficiency [die Time of Direct Labor Labor Rates 8s Premium Pay Supplies, Repairs and Services Material Yield and Spoilage Other Plant Overhead 2,*7 4,764 324 3,810 m 1,173 ' TOTAL EFFICIENCY 4.302 Purchase Price - Raw Materials 17,241 Purchase Price'- Packing Materials . -7*9l4 Purchase Price'- Resale Mdse. 61 Cnter-plant Standards Adjusted 147 . " TOTAL PRICE*. VARIANCE j. ,, Loss-, on Rework and Scrap Provision for--Inventory Loss 24,947 5,349 2,659 gV-L TOTAL ACTUAL VARIANCES ^-. ' F* O-RECASTED VARIANCE p^UNDER^OVER) FORECAST 35,502' 30.000 65,502 638 7,155 351 173 2,561 2.032 8,i44 i 31s? 867 2,413 911 6,479 15.000 8,521 43' 2,635 1,553 3,545 44 2,107 6,826 1,723 m 133 2,199 833 3,259 .. 4,806 15.000 10,194 1,086 4,602 "& 5,147 1,819 8,111 2,84;? . -.19,156 ' 324 8,509 ,`i 2,194 10,430 -V; 3,067 18,779 ;r. \ l/^7. 339 290 4.173 966 5,030 4,747 15.00010,253 90 62 23,840 9,581 U.859 19,470 ....75,000 94,470 . ' r.w yc i BON - 00917 -V THE REARDON COMPANY AND SUBSIDIARIES DETAIL OF NON-OPERATING INCOME AND EXPENSE I'oce-'.osr 1^65 NON-OPERATING INCOME Bond32 International Interest Income Foreign Exchange Other Non-Operating Income Purchase Discount Earned Profit on Disposition of Fixed Assets 5*9 Total Non-Operating Income 5*9 NON-OPERATING EXPENSES Interest Expense Loss on Disposition of Fixed Assets Other Non-Operating Expenses The Reardon Co* The Reardon Ltd. Consolidated 2,793 160 1,3^6 129 ir* s; r-l G'>*r *,026 17? 197 160 i'll. 1,510 129 6,022 A 35 13 93 Total Non-Operating Expenses 65 NON-OPERATING INCOME Interest Income Foreign Exchange Other Non-Operating Income Purchase Discount Earned Profit on Disposition of Fixed Assets Total Non-Operating Income NON-OPERATING EXPENSES Interest Expense Loss on Disposition of Fixed Assets Other non-Operating Expenses Twelve Months to Date 1,*73 1,*73 13,710 9 2,851 12,806 129 29,4.c3 1,533 1/216 Total Non-Operating Expenses ________ _i,5_33 1/216 13 8,7*3 505 ^ 366 1,889 11,508 181 181 98 23,937 *96 3,217 i*,695 129 *2,*7* 2,930 2,930 BON -00918 THE REARDON COMPANY AND SUBSIDIARIES K` J . " U.S.A.: * Consumer Magazines Annual Budget i Newspapers 5,000 Television V Radio 5,000 5,000 Trade Magazines 15,000 Direct Mail 8,000 ADVERTISING BUDGET AND EXPENDITURES Month of 0 iCQ~iocr Accrual Actual Write-off Spent " Under (Over) Tvaiw; An.u:xl ^Accrual :Write^Qftf duagan Months to Date " Budget Actual Spent Under (Over) : 210 210 413 413 5, COO 5soco 413 413 5,000 5,000 424 4p.+ 5,000 5,000 1,250 1,250 15,000 3,943 6,057 663 30 633 8,000 9,591 1,591 .Outdoor Advertising 2,000 ' ... Dealer Co-op. 21,000 i Color Cards 11/000 - Promotion [ Display Materials Maritz Plan r New Products | Telephone Book Ads 4,000 24,000 5,000 163 1,750 524 .337 2,000 153 1,42? 321 5 mjt (i) 919 338 (668) '210 2.663 210 413 899 .. 466 2,000 21*000 11,000 4,000 24,000 3 12,660 5,06? 703 15.800 ' 2.10 1,997 , 8,349 : 5,931 3,297. 8,200 210 . 5,000 5,C02 2 t TOTAL U^S.A/' ' F ADVERTISING - J. . 105,000 * of Consumer Sales 1' 4 CANADA:$ r Ad. Media # - . ' 33,480 Es&vv ` V* . -* , Dealer Co-op ` 1,560 f Promotion Materials *15,360 Wv. i TOTAL' CANADA 50,400 1, of Consumer Sales t' CONSOLIDATED TOTAL ' r155,4C0 t. b * of All Sales 8,750 3.0* 1,904 .1.7* . 5,846 6v.;?5 105,000 7-i* 58,191 3*9* 46,809 '" . 3-2*.;. ' 2,790 130 . 1,280 ". 4,200 ' 4.3^ 12,550 . 1,2850/ 1,501 n . ' 33,480 15,004 130 ;1,560- ; 905' ' 4,334 " 3,o>4 15,366 24,454 . 5,623 ` 1,423 50,400 40,363 5-7*. 7,52T. / 1.4* 5,423 155,400 4,,6* 98,554 1.7* ..... 3.6i - 2.3* 18,476;;. =4,655^1 9,09k' 10,037'; 1.1*'; 56,846 / 1.3* * Includes Consumer Magazines, Newspapers, Television, Radio, Trade Magazines, Direct Mail, Outdoor Advertising* and Telephone Boole Ads- i **InciudesCoior.Cards,...PromotionandDisplayMaterials..v fur - " ' BON-00919 INVENTORIES BY LOCATION ST. LOUTS In Transit Raw Material Packing Material In Process Finished Goods i TOTAL i' TCMS RIVER [ Raw Material Packing Material In Process Finished Goods f TOTAL | LOS ANGELES I Raw Material Packing Material [In Process Finished Goods total I' WASREeHaOtUtlSeESFinished- Goods THE REARDON COMPANY AND SUBSIDIARIES INVENTORIES AT STANDARD COST lac*?.':.*r Beginning Inventory =551 89,320 58;838 1,127 :?8 *2? .. 7 c:<j 4.95 21*802 =ca > 1 p S?Q i_3 289 *9-^70 '54 Current Month 7, 03 pi, os-6 59,257 1,378 143=263 302:157 37,125 23,348 50 49,136 109,709 21,391 14,203 19 36,354 Increase or (Decrease) of Prior Month 1,778 5,293 9,927 No. of Months Purchase On Hand Commitments <S6 1.74 23,335 13 5.842 30,683 14.131 37,077 3,531 1,029 2.12 3=67 5,287 3,940 479 4,081 139 9,227 79 2,439 . '1 4,290 2.76 9.57 1,45 1,022 ffn 71;967 1,723 1,022 ___ 68Laa4 `* 25,9S4 - 1,722 I MONTREAL Raw Material ' Packing Material In Process Finished Goods TOTAL CONSOLIDATED Raw Material Packing Material In Process Finished Goods 44,6?8 23,220 944 - 81-674----- f-n-gig-- 188,333 113,520 2>325- 7^ ovn___ TOTAL 619,448 AVERAGE MONTHLY PRICE VARIANCE St. Louis Toms River Los Angeles Montreal TOTAL AVERAGE MONTHLY NORMALIZATION (Freight & Cost Differential on Inter-plant shipments 46,777 27,614 652 75,724* 6,605 4,331 198 576 151,777 2,543 203,592. 124,-422 2,109 305,527 3,918 13,198 . 038 ; 25,731 635,650 Last Year 515 96 98 ... 000 '..Ro 217 9,253 This Year To Date 2,091 46 1=53 324 1,981 29 1=74 3-06 1.63 -^Finished Goods . Warehouses 51,176 Villa d'Anjo l4,6l? Toronto 9,820 Winnipeg 1,111 Sydney 76,724 BON - 00920 K o irt.h (V i-itu **! 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