Document yVq15Z4EGLZkRVgOnwX7m9Br
AMERICAN BRAKE SHOE COMPANY
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CURRENT LIABILITIES Long-term debt due within one year (note 4) Notes payable by subsidiaries..................... Accounts payable..................................... Accrued accounts..................................... Accrued taxes on income.......................... Advances from customers.......................... TOTAL CURRENT LIABILITIES
LONG-TERM LIABILITIES Long-term debt (note 4) Deferred income taxes . TOTAL LONG-TERM LIABILITIES
1962
1961
$ 1,150,000 3,554,273 \ 7,320,195 |
5,205,453 6,236,399
735,777
24,202,097
$ 1,050,000 4.347,431 7.441.093 4.507,745 5,577,744 1.660,141
24,584,154
27,343,125 3,173,175
30,516,300
17,766,618 2.514,160
20,280,778
Stockholdersr Equity
CAPITAL STOCK (notes 6 and 7) Common, no par -- authorized 3,000,000 shares:
Issued............................................... Treasury..........................................
1962
1,638,643 10,000
Outstanding..................................... 1,628,643 EARNINGS RETAINED IN THE BUSINESS (note 4)
TOTAL STOCKHOLDERS' EQUITY .
1961
1,634,275 --
1,634,275
50,690,517 472,838
50,217,679 45,165,552 95,383,231 $150,101,628
50,519,089
50,519.089 42,124.377 92,643,466" $137,508,3*18
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SCI 01877