Balance Sheetriordan Manufacturing Incconsolidated Balance Sheetfisc
Balance Sheet Riordan Manufacturing, Inc. Consolidated Balance Sheet Fiscal Year Ending September 30th Assets Current Assets Cash $2,807,029 $1,511,253 $1,040,639 $1,442,507 $1,336,319 $305,563
$357,216 $85,632 Accounts Receivable $2,695,342 $2,644,307 $2,883,964 $4,544,138 $4,855,334
$6,062,838 $5,657,216 $6,556,160 Current Portion of Notes Receivable $102,976 $117,475 $107,107
$109,293 $95,538 $70,825 $117,888 $13,184 Inventories $8,517,203 $7,123,790 $8,305,690 $7,919,987
$7,224,947 $7,850,970 $7,854,112 $8,074,880 Deferred Income Taxes - net $0 $0 $0 $0 $0 $0 $328,832
$349,184 Pre-paid Expenses and Other Items $402,240 $458,875 $279,336 $294,038 $256,903 $264,896
$328,192 $336,128 Total Current Assets $14,524,790 $11,855,700 $12,616,736 $14,309,963 $13,769,041
$14,555,092 $14,643,456 $15,415,168 Notes Receivable, less current portion $936,168 $1,067,953
$1,102,260 $1,124,755 $986,627 $256,583 $177,408 $431,104 Investment in Joint Venture $1,609,004
$1,333,504 $1,183,504 $1,058,504 $858,504 $283,504 $133,504 $139,136 Property, Plant & Equipmentnet $16,658,218 $17,767,486 $18,869,612 $18,424,594 $24,510,830 $19,114,830 $18,511,360
$19,205,120 Intangible Assets - net $904,473 $904,473 $550,590 $550,590 $550,590 $329,405 $336,128
$395,136 Other Assets $192,845 $175,314 $106,721 $108,899 $107,821 $52,768 $54,400 $51,840 Total Assets $34,825,498 $33,104,430 $34,429,423 $35,577,305 $40,783,413 $34,592,182 $33,856,256
$35,637,504 Liabilities and Stockholders' Equity Current Liabilities Current Portion of Long-Term Debt $474,032 $484,894 $497,480 $495,515 $538,046 $1,219,258 $1,106,304 $1,737,728 Accounts Payable $1,391,385
$1,636,923 $1,694,523 $1,783,708 $3,930,399 $3,650,073 $3,573,248 $2,676,096 Accrued Liabilities
$524,685 $617,276 $638,997 $631,108 $1,390,648 $1,350,144 $1,350,144 $1,257,344 Income Taxes Payable $359,955 $99,113 $243,440 $855,504 $1,351,775 $754,619 $164,864 Total Current Liabilities
$2,750,057 $2,838,206 $3,074,440 $3,765,835 $7,210,868 $6,974,094 $6,029,696 $5,836,032 Bank Line of Credit $295,865 $477,069 $598,423 $109,528 $100,836 $253,727 $487,936 $245,760 Long-Term Debt - less current portion $1,006,955 $1,354,461 $1,719,851 $1,926,618 $2,278,481 $2,763,752 $2,535,552
$4,793,856 Deferred Income Taxes - net $825,629 $917,366 $917,366 $1,067,449 $2,485,354 $2,485,354
$3,107,072 $3,283,328 Total Liabilities $4,878,506 $5,587,102 $6,310,080 $6,869,430 $12,075,539
$12,476,927 $12,160,256 $14,158,976 Common Stock (Stated par value is $.01. 20,000,000 shares authorized. Issued and Outstanding 15,801,332 net of treasury shares.) $29,055,488 $29,055,488 $29,055,488 $29,055,488 $29,055,488
$29,055,488 $29,055,488 $29,491,328 Other Accummulated Comprehensive Losses ($202,496) ($163,840) Retained Earnings /(Accummulated Deficit) $891,504 ($1,538,160) ($936,145) ($347,613) ($347,614) ($6,940,233) ($7,156,992) ($7,848,960) Total Stockholders' Equity $29,946,992 $27,517,328
$28,119,343 $28,707,875 $28,707,874 $22,115,255 $21,696,000 $21,478,528 Total Liabilities and Stockholders' Equity $34,825,498 $33,104,430 $34,429,423 $35,577,305 $40,783,413 $34,592,182
$33,856,256 $35,637,504
Income Statment Riordan Manufacturing, Inc. Income Statement For the 12 months ending September 30th Fiscal Year Ending September 30th
Sales $56,534,254 $50,468,000 $61,727,010 $61,127,960 $60,642,820 $50,823,685 $46,044,288
$43,418,370 $39,481,276
Direct Cost of Goods Sold $43,970,250 $39,345,460 $48,324,660 $42,462,480 $41,843,546 $42,037,624
$37,480,050 $34,517,604 $30,953,320
Gross Margin $12,564,004 $11,122,540 $13,402,350 $18,665,480 $18,799,274 $8,786,061 $8,564,238
$8,900,766 $8,527,956
Operating Expenses Sales, Marketing & Other $1,265,348 $1,405,942 $1,528,198 $1,455,427 $1,212,856
$1,012,974 $920,886 $1,085,459 $1,105,476
Depreciation $1,152,125 $1,152,125 $1,144,983 $1,122,235 $1,099,378 $343,445 $349,937 $329,980 $312,612 Quality Assurance $1,112,247
$1,033,357 $1,085,459
$868,367 $1,065,994
$828,797
$1,524,066 $1,085,459 $829,107 Machining & Systems $125,050 $191,244 $197,159 $198,150 $685,070 $628,505 $598,576 $477,602
$434,294
Total Operating Expenses $9,291,690 $10,221,519 $11,189,262 $10,888,174 $11,118,735 $5,743,241
$5,318,116 $4,880,224 $4,832,942
Profit Before Interest & Taxes $3,272,314 $901,021 $2,213,088 $7,777,306 $7,680,539 $3,042,820
$3,246,122 $4,020,542 $3,695,014
Non-Operating Expenses Interest Expense $121,533 $149,962 $134,816 $157,605 $179,312 $143,175
$230,221 $217,092 $197,406
Taxes $719,909 $198,225 $486,879 $1,711,007 $1,689,719 $943,274 $1,025,406 $1,293,173 $1,189,186
Total Non-Operating Expenses $841,442 $348,187 $621,695 $1,868,612 $1,869,031 $1,086,449
$1,255,627 $1,510,265 $1,386,592
Net Profit After Taxes $2,430,872 $552,834 $1,591,393 $5,908,694 $5,811,508 $1,956,371 $1,990,495
$2,510,277 $2,308,422
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