¶ … Income Statement
Vertical2011
Vertical 2010
Horizontal
Sales
Other Revenue
Total
Less
Cost of Goods Sold
Operation & Admin Expenses
Income Tax
Interest Expense
Total
Net Income
Because of economic decline and uncertainties of unemployment, energy prices, etc. 2010 was in over deflation and 2011 had an overall inflation (2011 Annual Report, 2011). Income tax increased in 2011 due to repatriation taxes on dividends from a Canadian subsidiary.
Balance Sheet
Vertical 2011
Vertical 2010
Horizontal
Cash & equivalent
Receivables
Inventories
Prepaid Expenses
Total
Property'
Depreciation & Amortization
-71.30%
-68.20%
Goodwill
Invest. Unconsolidated affiliate
Other Assets
Total Assets
Cur. Note Maturities
Cur. Cap. Lease Obligation
Accounts Payable
Accrued Sal. & Wages
3.30%
3.10%
6.80%
Deferred Income Tax
0.40%
0.60%
36.40%
Other Accrued Liabilities
4.80%
4.50%
5.80%
Total Current Liability
33.40%
28.50%
16.80%
Long-term Notes
27.60%
5.60%
8.40%
Cap. Lease Obligation
2.70%
3.00%
11.30%
Deferred Income Tax
0.90%
1.00%
7.60%
Pension Obligation
6.00%
4.80%
24.30%
Accrued Claims
4.80%
4.30%
11.50%
Total Liability
75.50%
67.00%
12.20%
Common Stock
0%
0%
0.00%
Add Paid Capital
29.60%
28.80%
2.30%
Treasury Stock
-52.20%
-41.50%
25.30%
Other Comprehensive Income
-0.40%
0.60%
Retained Earnings
47.40%
45.00%
4.80%
Total Equity
24.40%
40.00%
26.20%
Non-controlling Inter.
0%
0%
36.40%
Total Equity & Liabilities
0.50%
Other assets are inflated, probably...
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