Document ypaVdMjgZD3XMvvbakD96J8L6

Statement of Consolidated Earnings Years Ended December 31,1967 and 1966 ABEX CORPORATION INCOME Shipments ..................................................... . Other income--net .............................................. TOTAL ............................................................... COSTS AND EXPENSES Materials, wages, and other costs......................... Selling, administrative, and research expense___ Depreciation and amortization of intangibles .... Repairs and maintenance of plant and equipment Property, excise, and miscellaneous taxes............ Interest................................................................... TOTAL................................................................. EARNINGS BEFORE TAXES ON INCOME.......................... Provision for taxes on income (note 2)..................... NET EARNINGS................................................................... NET EARNINGS PER SHARE OF COMMON STOCK Based on shares outstanding at end of each year.................. 1967 $274,847,000 1,574,000 276,421,000 193,446,000 35,069,000 11,233,000 9,066,000 2,717,000 1,820,000 253,351,000 23,070,000 11,800,000 $ 11,270,000 1966 $277,399,000 2,295,000 279,694,000 - 194,342,000 34,827,000 11,114,000 8,917,000 2,537,000 1,630,000 253,367,000 26,327,000 13,500,000 $ 12,827,000 $3.05 $3.49 'i I- tl i twenty-one SCI 01726