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UNITED STATES RADIUM CORPORATION
COMPARATIVE BALANCE SHEETS
August 31, 1945 - December 31, 1945
August 31, 1945
December 31, 1944
Increase or
(Decrease)
Assets
Cash
$579400.71
$150189.38
429211.33
Government Bonds
25528.55
25528.55
-
Government Tax Notes
270000.00
270000.00
---
Unissued War Bonds
2512.50
6787.50
(4275.00)
Accounts Receivable
213425.16
587906.60
(374481.44)
Inventories
290072.76
411581.79
(121509.03)
Total Current Assets
1,380939.68
1,451993.82
(71054.14)
Investment in Weksler Ther. Corp.
45484.97
44682.23
802.74
Land & Buildinge
11086.92
11457.08
(370.36)
Equipment & Furniture
82255.53
84273.03
(2017.50)
Deferred Chgs. & Leasehold Improvements
9912.32
17550.62
(7638.30)
Deposits & Prepaid Insurance
2663.69
8295.34
(5631.65)
Excess Profits Tax Refund Bonds
32465.62
32465.62
-
Post War Refund
81361.92
56720.92
24641.00
Goodwill & Patents
963.91
963.91
-
1,647134.56
1,708402.57
(61268.01)
Liabilities
Accounts Payable & Accrued Expenses
38561.10
251034.97
(212473.87)
Reserve for Federal Income Taxes
558111.36
648000.00
(89888.64)
Reserve for Renegotiation Adjustment
418919.19
252596.18
166323.01
Accrued Taxes other than Fed. Inc.
78654.26
65799.45
12854.81
War Bond Deductions
1195.88
2913.66
(1717.78)
Accrued Payroll
3725.00
8944.88
(5219.88)
Current Liabilities
1,099166.79
1,229289.14
(130122.35)
Reserve for Post War Adjust.& Conting. 45000.00
45000.00
-
Capital Stock
205540.00
205540.00
---
Capital Surplus
91584.94
91584.94
-
Earned Surplus
205842.83
136988.49
68854.34
1,647134.56
1,708402.57
61268.01
Working Capital
Current Assets
1,380939.68
1,451893.82
(70954.14)
Current Liabilities
1,099166.79
1,229289.14
(130122.35)
281773.89
222604.68
59169.21
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"ocrText": "UNITED STATES RADIUM CORPORATION\nCOMPARATIVE BALANCE SHEETS\nAugust 31, 1945 - December 31, 1945\nAugust 31, 1945\nDecember 31, 1944\nIncrease or\n(Decrease)\nAssets\nCash\n$579400.71\n$150189.38\n429211.33\nGovernment Bonds\n25528.55\n25528.55\n-\nGovernment Tax Notes\n270000.00\n270000.00\n---\nUnissued War Bonds\n2512.50\n6787.50\n(4275.00)\nAccounts Receivable\n213425.16\n587906.60\n(374481.44)\nInventories\n290072.76\n411581.79\n(121509.03)\nTotal Current Assets\n1,380939.68\n1,451993.82\n(71054.14)\nInvestment in Weksler Ther. Corp.\n45484.97\n44682.23\n802.74\nLand & Buildinge\n11086.92\n11457.08\n(370.36)\nEquipment & Furniture\n82255.53\n84273.03\n(2017.50)\nDeferred Chgs. & Leasehold Improvements\n9912.32\n17550.62\n(7638.30)\nDeposits & Prepaid Insurance\n2663.69\n8295.34\n(5631.65)\nExcess Profits Tax Refund Bonds\n32465.62\n32465.62\n-\nPost War Refund\n81361.92\n56720.92\n24641.00\nGoodwill & Patents\n963.91\n963.91\n-\n1,647134.56\n1,708402.57\n(61268.01)\nLiabilities\nAccounts Payable & Accrued Expenses\n38561.10\n251034.97\n(212473.87)\nReserve for Federal Income Taxes\n558111.36\n648000.00\n(89888.64)\nReserve for Renegotiation Adjustment\n418919.19\n252596.18\n166323.01\nAccrued Taxes other than Fed. Inc.\n78654.26\n65799.45\n12854.81\nWar Bond Deductions\n1195.88\n2913.66\n(1717.78)\nAccrued Payroll\n3725.00\n8944.88\n(5219.88)\nCurrent Liabilities\n1,099166.79\n1,229289.14\n(130122.35)\nReserve for Post War Adjust.& Conting. 45000.00\n45000.00\n-\nCapital Stock\n205540.00\n205540.00\n---\nCapital Surplus\n91584.94\n91584.94\n-\nEarned Surplus\n205842.83\n136988.49\n68854.34\n1,647134.56\n1,708402.57\n61268.01\nWorking Capital\nCurrent Assets\n1,380939.68\n1,451893.82\n(70954.14)\nCurrent Liabilities\n1,099166.79\n1,229289.14\n(130122.35)\n281773.89\n222604.68\n59169.21"
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