Bridgford Foods Corp | Investor Service

 

1996 Annual Report (Page 5)

Consolidated Balance Sheets

ASSETS
    November 1
1996
    November 3
1995
Current assets:    
  • Cash and cash equivalents
    		•     $6,343,022     $7,366,362
  • Accounts receivable, less allowance for doubtful accounts of $503,584 and $505,623
    		•     10,007,141     10,191,679
  • Inventories
    		•     15,603,912     13,849,947
  • Prepaid expenses
    		•     3,886,928     3,32,620
  • Deferred income tax benefits
    		•     4,582,421     3,457,814
       
    		   
    Total current assets     40,423,424     38,258,422

     
    Property, plant and equipment, net of accumulated depreciation of $22,637,673 and $21,065,322     17,854,524     14,364,995
       
    		   
               $58,277,948     $52,623,417

     
    LIABILITIES AND SHAREHOLDERS' EQUITY
        November 1
    1996
    		    November 3
    1995
    Current liabilities:    
  • Accounts payable
    		•     $4,464,855     $4,662,825
  • Accrued payroll and other expenses
    		•     13,444,084     11,046,103
  • Income taxes payable
    		•     113,318     54,917
         
    		   
    Total current liabilities     18,022,257     15,763,845

     
    Contingencies and commitments (Note 6) Shareholders' equity:        
  • Preferred stock, without par value
    Authorized - 1,000,000 shares
    Issued and outstand - none
    Common stock, $1.00 par value
    Authorized - 20,000,000 shares
    Issued and outstand - 9,396,933 shares
    		•     9,453,816     9,453,816
  • Capital in excess of par value
    		•     3,024,881     3,024,881
  • Retained earnings
    		•     27,776,994     24,380,875
         
    		   
          40,255,691     36,859,572
          $58,277,948     $52,623,417

     
    1996 Annual Report: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12