US Surgical Corp Case Doc
CASE 1.10
United States SUrgical Corporation
1980 an ‘1981 ftnicia1 sheets and iicbme statements fOr the j
1 Thas and subsequent quOtatiOnS unless indicated othrwise, were taken from Secunties and Exchange AccountiAg and AuthdrzEifocerhe,# Release No 1O9A, August 1986.
122
H SECTION ONE COMPREHENSIVE CASES
IIBIT 1
TED STATES :GICAL
PORAT1ON’S
‘9—1981 kNCIAL TEMENTS
Current Assets:
Cash
Receivables (net)
Inventories:
Finished Goods
Work in Process
Raw Materials
Other Current Assets
Total Current Assets
Property. Plant, and Equipment:
• Buildings
Molds and Dies
ALlowance For Depredation
Other Assets
Total Assets
1981
$ 426
36,670
29,216
5,105
20,948
55,269
7,914
10,279
2,502
3 2,416
32,082
40,227
107,227
(14,953)
2,274
14,786
$207,339
(000s omitted)
December 31, 1980
$ 1,243
30,475
9,860
2,667
18,806
31,333
1,567
64,618
2,371
18,511
15,963
23,762
60,607
(9,96.4)
50,643
3,42 -
$119,103
1979
$ 596
22557
5,685
1,153
7,365
14,203
1,820
39,116
1,027
13,019
8,777
12,362
35,185
(6,340)
28,845
2,499
$70,520
Current Liabilities:
Accounts PayabLe
Notes Payable
Income Taxes Payable
Current Portion of Long- Term Debt’
Accrued Epenses
Total Current Liabilities
Long-Term Debt
Deferred Income Taxes
U.S. Surgical Corporation ConsoLidated Balance Sheets 1979—1981 tand Machinery and Equipment
‘Stockholders’ Equity:
Common Stock
Additional Paid-in Capital
Retaifled Earnings
Translation Allowance
Deferred Compensation—from Issuance of Restricted Stock
Total Stockholders’ Equity Total Liabilities and
Stockholders’ Equity q $207,339
$119,103
$ 12,278
S
6,951
$ 6,271
—
1,596
1,685
—
724
666
401
5,673
18,675
5,130
14,432
5,145
13,413
80,642
47,569
33,497
7,466
2,956
1,384
1,081
930
379
72,594
32,665
(1,086)
(4,698)
100,556
34,932
20,881
— (2,597)
54,146
10,736
13,189
— (2,078)
22,226
$70,520
CASE 1.10 UNITED STATES SURGICAL
United States SUrgical Corporation
1980 an ‘1981 ftnicia1 sheets and iicbme statements fOr the j
1 Thas and subsequent quOtatiOnS unless indicated othrwise, were taken from Secunties and Exchange AccountiAg and AuthdrzEifocerhe,# Release No 1O9A, August 1986.
122
H SECTION ONE COMPREHENSIVE CASES
IIBIT 1
TED STATES :GICAL
PORAT1ON’S
‘9—1981 kNCIAL TEMENTS
Current Assets:
Cash
Receivables (net)
Inventories:
Finished Goods
Work in Process
Raw Materials
Other Current Assets
Total Current Assets
Property. Plant, and Equipment:
• Buildings
Molds and Dies
ALlowance For Depredation
Other Assets
Total Assets
1981
$ 426
36,670
29,216
5,105
20,948
55,269
7,914
10,279
2,502
3 2,416
32,082
40,227
107,227
(14,953)
2,274
14,786
$207,339
(000s omitted)
December 31, 1980
$ 1,243
30,475
9,860
2,667
18,806
31,333
1,567
64,618
2,371
18,511
15,963
23,762
60,607
(9,96.4)
50,643
3,42 -
$119,103
1979
$ 596
22557
5,685
1,153
7,365
14,203
1,820
39,116
1,027
13,019
8,777
12,362
35,185
(6,340)
28,845
2,499
$70,520
Current Liabilities:
Accounts PayabLe
Notes Payable
Income Taxes Payable
Current Portion of Long- Term Debt’
Accrued Epenses
Total Current Liabilities
Long-Term Debt
Deferred Income Taxes
U.S. Surgical Corporation ConsoLidated Balance Sheets 1979—1981 tand Machinery and Equipment
‘Stockholders’ Equity:
Common Stock
Additional Paid-in Capital
Retaifled Earnings
Translation Allowance
Deferred Compensation—from Issuance of Restricted Stock
Total Stockholders’ Equity Total Liabilities and
Stockholders’ Equity q $207,339
$119,103
$ 12,278
S
6,951
$ 6,271
—
1,596
1,685
—
724
666
401
5,673
18,675
5,130
14,432
5,145
13,413
80,642
47,569
33,497
7,466
2,956
1,384
1,081
930
379
72,594
32,665
(1,086)
(4,698)
100,556
34,932
20,881
— (2,597)
54,146
10,736
13,189
— (2,078)
22,226
$70,520
CASE 1.10 UNITED STATES SURGICAL