Bridgford Foods Corp | Investor Service

 

1999 Annual Report (Page 5)

Consolidated Balance Sheets

ASSETS
    October 29
1999
    October 30
1998
Current assets:    
  • Cash and cash equivalents
    		•     $25,020,839     $22,272,141
  • Accounts receivable, less allowance for doubtful accounts of $647,219 and $582,787
    		•     13,689,463     12,072,818
  • Inventories
    		•     16,149,918     14,066,898
  • Prepaid expenses
    		•     268,892     233,848
  • Deferred income tax benefits
    		•     2,107,814     1,913,233
       
    		   
    Total current assets     57,236,926     50,558,938

     
    Property, plant and equipment, net of accumulated depreciation of $30,533,865 and $27,894,827     17,764,652     16,197,108
    Other non-current assets     5,862,368     5,297,919
    Deferred income tax benefits     4,605,530     3,738,976
       
    		   
               $85,469,476     $75,792,941

     
    LIABILITIES AND SHAREHOLDERS' EQUITY
        October 29
    1999
    		    October 30
    1998
    Current liabilities:    
  • Accounts payable
    		•     $5,849,237     $5,343,725
  • Accrued payroll and other expenses
    		•     6,759,979     6,373,886
  • Income taxes payable
    		•     867,510     1,590,125
         
    		   
    Total current liabilities     13,476,726     13,307,736

     
    Contingencies and commitments (Note 6) Shareholders' equity:        
  • Preferred stock, without par value
    Authorized - 1,000,000 shares
    Issued and outstanding - none
    Common stock, $1.00 par value
    Authorized - 20,000,000 shares
    Issued and outstand - 11,369,812
    		•     11,426,695     11,426,695
  • Capital in excess of par value
    		•     26,347,123     26,347,123
  • Retained earnings
    		•     20,361,047     13,068,430
         
    		   
          58,134,865     50,842,248
          $85,469,476     $75,792,941

     
    1999 Annual Report: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12