MARK IV INDUSTRIES, INC.
CONSOLIDATED CONDENSED BALANCE SHEET
(Dollars in thousands)

 

 August 31,
1996
 February 29,
1996

ASSETS

 (Unaudited)  

Current Assets:

     
  Cash
 
$     1,100 
$       900 
  Accounts receivable
 450,200 399,600 
  Inventories
 412,200 405,000 
  Other current assets
 
85,900 

68,300 

    Total current assets
 949,400 873,800

   

Pension related and other non-current assets

 235,700 216,500

Property, plant and equipment, net

 609,000 553,700

Cost in excess of net assets acquired

 
411,700 

369,100 

      TOTAL ASSETS
 
$2,205,800 

$2,013,100
   

LIABILITIES & STOCKHOLDERS' EQUITY

    

   

Current Liabilities:

     
  Notes payable and current
   maturities of debt
 
$   125,200 
$    95,100 
  Accounts payable
 180,200 191,300 
  Compensation related liabilities
 62,500 71,300 
  Accrued interest
 23,600 12,700 
  Other current liabilities
 102,700
98,500 
    Total current liabilities

494,200

468,900

 

 

Long-Term Debt:

 

 

 
  Senior debt

210,600

136,100 

  Subordinated debentures

506,500

506,400 

    Total long-term debt

717,100

642,500

 

 

Other non-current liabilities

217,400

176,200

 

 

Stockholders' Equity:

 

 

 
  Common stock

600

600 

  Additional paid-in capital

618,500

617,600 

  Retained earnings

160,500

109,700 

  Foreign currency translation adjustment
 
(2,500)

(2,400)

 
    Total stockholders' equity

777,100

725,500

    
    TOTAL LIABILITIES & STOCKHOLDERS' EQUITY

$2,205,800

$2,013,100