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UNITED STATES RADIUM CORPORATION
Comparative Balance Sheets
June 30,1945 - Decomber 31, 1944
Increase or
June 30, 1945
December 31, 1944
(Decrease)
Assets
Cash
$604967.24
$150189.38
$454777.86
Government Bonds
25528.55
25528.55
-
Government Tax Notes
270000.00
270000.00
-
Unissued Wer Bonds
1368.75
6787.50
(5418.75)
Accounts Receivable
351706.18
587906.60
(236200.42)
Inventories
264788.04
411581.79
(146793.75)
Total Current Assets
1,518358.76
1,451993.82
66364.94
Investment in Weksler Ther. Corp.
45191.03
44682.23
508.80
Land & Buildings
11179.46
11457.08
(277.62)
Equipment Re Furniture
85057.62
84273.03
784.59
Deferred Chgs. & Leasehold Improvements
10894.34
17550.62
(6656.28)
Deposita & Prepaid Insurance
1401.09
8295.34
(6894.25)
Exceas Profits Tax Refund Bonda
32465.62
32465.62
-
Post War Refund
76320.92
56720.92
19600.00
Goodwill and Patenta
963.91
963.91
-
1,781832.75
1,708402.57
73430.18
Liabilities
Accounts Payable and Accrued Expenses
123021.69
751034.97
(128013.28)
Reserve for Federal Income Taxes
508336.00
64.8000.00
(139664.00)
Reserve for Renegotiation Adjustments
525256.18
252596.18
272660.00
Accrued Taxes other than Fed. Incone
86762.38
65799.45
20962.93
War Bond Deductions
2971.86
2913.66
58.20
Accrued Payroll
5000.00
8944.88
(3944.85)
Current Liabilities
1,251348.11
1,229289.14
22058.97
Reserve for Post War Adjustments &
Contingencies
45000.00
45000.00
Capital Btock
205540.00
205540.00
-
Capital Surplus
91584.94
91584.94
-
Barned Surplus
188359.70
136988.49
51371.21
1,781832.75
1,708402.57
73430.18
Current Assets
1,518358.76
1,451993.82
66364.94
Current Liabilities
1,251348.11
1,229289.16
22058.97
Net Working Gapital
267020.65
222704.68
44305.97
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"ocrText": "UNITED STATES RADIUM CORPORATION\nComparative Balance Sheets\nJune 30,1945 - Decomber 31, 1944\nIncrease or\nJune 30, 1945\nDecember 31, 1944\n(Decrease)\nAssets\nCash\n$604967.24\n$150189.38\n$454777.86\nGovernment Bonds\n25528.55\n25528.55\n-\nGovernment Tax Notes\n270000.00\n270000.00\n-\nUnissued Wer Bonds\n1368.75\n6787.50\n(5418.75)\nAccounts Receivable\n351706.18\n587906.60\n(236200.42)\nInventories\n264788.04\n411581.79\n(146793.75)\nTotal Current Assets\n1,518358.76\n1,451993.82\n66364.94\nInvestment in Weksler Ther. Corp.\n45191.03\n44682.23\n508.80\nLand & Buildings\n11179.46\n11457.08\n(277.62)\nEquipment Re Furniture\n85057.62\n84273.03\n784.59\nDeferred Chgs. & Leasehold Improvements\n10894.34\n17550.62\n(6656.28)\nDeposita & Prepaid Insurance\n1401.09\n8295.34\n(6894.25)\nExceas Profits Tax Refund Bonda\n32465.62\n32465.62\n-\nPost War Refund\n76320.92\n56720.92\n19600.00\nGoodwill and Patenta\n963.91\n963.91\n-\n1,781832.75\n1,708402.57\n73430.18\nLiabilities\nAccounts Payable and Accrued Expenses\n123021.69\n751034.97\n(128013.28)\nReserve for Federal Income Taxes\n508336.00\n64.8000.00\n(139664.00)\nReserve for Renegotiation Adjustments\n525256.18\n252596.18\n272660.00\nAccrued Taxes other than Fed. Incone\n86762.38\n65799.45\n20962.93\nWar Bond Deductions\n2971.86\n2913.66\n58.20\nAccrued Payroll\n5000.00\n8944.88\n(3944.85)\nCurrent Liabilities\n1,251348.11\n1,229289.14\n22058.97\nReserve for Post War Adjustments &\nContingencies\n45000.00\n45000.00\nCapital Btock\n205540.00\n205540.00\n-\nCapital Surplus\n91584.94\n91584.94\n-\nBarned Surplus\n188359.70\n136988.49\n51371.21\n1,781832.75\n1,708402.57\n73430.18\nCurrent Assets\n1,518358.76\n1,451993.82\n66364.94\nCurrent Liabilities\n1,251348.11\n1,229289.16\n22058.97\nNet Working Gapital\n267020.65\n222704.68\n44305.97"
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