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OCR Page 1 of 7UNITED STATES RADIUM CORPORATION
COMPARATIVE BALANCE SHEETS
October 31, 1945 - December 31, 1944
Increase of
Assets
October 31, 1945
December 31, 1944
(Decrease)
Cash
$373571.97
$150189.38
$223382.59
Government Bonds
25500.00
25528.55
(28.55)
Government Tax Notes
300000.00
270000.00
30000.00
Unissued War Bonds
3656.25
6787.50
(3131.25)
Excess Profit Tax Refund Bonds
64186.54
-
64186.54
Post War Refund
12500.00
--
12500.00
Accounts Receivable
148478.07
587906.60
(439628.53)
Inventories
282302.92
411581.79
(129278.87)
Total Current Assets
1,210195.75
1,451993.82
(241798.07)
Investment in Weksler Thermometer
45691.53
44682.23
1009.30
Land & Buildings
10994.38
11457.08
(462.70)
Equipment & Furniture
79050.75
84273.03
(5222.28)
Deferred Chgs. & Leasehold Improve.
6608.48
17550.62
(10942.14)
Deposits & Prepaid Insurance
1087.65
8295.34
(7207.69)
Excess Profits Tax Refund Bonds
32465.62
(32465.62)
Post War Refund
-
56720.92
(56720.92)
Goodwill & Patents
963.91
963.91
--
1,354592.45
1,708402.37
(353810.12)
Liabilities
Accounts Payable & Accrued Expenses
27745.56
251034.97
(223289.41)
Reserve for Fed. Inc. Taxes
416684.01
648000.00
(231315.99)
Reserve for Renegotiation Adjust.
287000.00
252596.18
34403.82
Accrued Taxes other than Fed. Inc.
75139.62
65799.45
9340.17
War Bond Deductions
1137.60
2913.66
(1776.06)
Accrued Payroll
1620.00
8944.88
(7324.88)
Total Current Liabilities
809326.79
1,229289.14
(419962.35)
Reserve for Post War Adjustments &
Contingencies
45000.00
45000.00
-
Capital Stock
205540.00
205540.00
-
Capital Surplus
91584.94
91584.94
-
Earned Surplus
203140.72
136988.49
66152.23
1,354592.45
1,708402.37
(353810.12)
Working Capital
Current Assets
1,210195.75
1,451993.82
(241798.07)
Current Liabilities
809326.79
1,229289.14
(419962.35)
Working Capital
400868.96
222704.68
178164.28
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