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					                           932e461b-ea65-4423-b5f6-b1f51dddf02c.xls



Exhibit 1
CONGOLEUM CORPORATION (Abridged)
Ten Year Historical Financial Data

                       1969       1970          1971       1972      1973       1974    1975

Net sales              189.9     187.7          250.6     345.2      385.7      377.1   395.9
(millions $)
Royalty revenues          ----         ----        ----       ----     4         5.5     7
(inc. in net sales)
Net income              7.6        7            12.1       23.4       22.2       0.5     9.6
(millions $)
Earnings per share      0.7       0.65          1.07       1.67       1.89      0.05    0.83
($)
Dividends per share       ----    0.02          0.09       0.13       0.2       0.27    0.27
($)
Stock price ($)
   High                17.5       11.6           24        30.9       24.6      14.9     9.2
   Low                  7.5        3.9          10.1       20.7        8.5       2.4      3
Working capital        35.2        49           53.5       69.6       88.1      92.8    81.1
(millions $)
Long term debt         31.7       42.6           40        42.1       59.3      74.6    52.3
(millions $)
Net worth              58.9       59.1          73.3       99.5      116.3      113.8   120.3
(millions $)

Note: Congoleum acquired Curtis Noll Corporation October 31, 1977, on a purchase basis.
       Its performance is consolidated with Congoleum after October 31, 1977. Certain operations
       were discontinued in 1976. Results for 1969 to 1975 have not been adjusted for
       discontinued operations.




Exhibit 2
CONGOLEUM CORPORATION (Abridged)
Historical Income Statements

                                                  1976     1977       1978
REVENUES                                      (in thousands except per share data)
Net sales                                        284,735 375,466 558,633
Royalties                                         10,080    13,163    17,197
  Total revenue                                  294,815 388,629 575,830

COST OF SALES AND OPERATING EXPENSES
Cost of sales                    224,028                  285,770    385,851
Selling and admin. expenses       37,805                   55,023    108,648
  Operating income                32,982                   47,836     81,331

OTHER INCOME AND EXPENSE
Interest expense                                 -2,064     -1,734    -1,266


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Miscellaneous income                           3,821       3,538      4,281
  Tot. other income & expense                  1,757       1,804      3,015
  Income from continuing
  operations before income tax                34,739      49,460     84,346

PROVISION FOR INCOME TAXES                    17,400      24,900     42,600
Income from continuing operations             17,339      24,790     41,746
Loss from discontinued operations            -19,500       ---       ---
Patent infringement settlement                17,885       ---       ---
   Net income                                 15,724      24,740     41,746

PER SHARE
Income from continuing operations                1.50        2.13       3.58
Loss from discontinued operations               -1.69      ---        ---
Patent infringement settlement                   1.55      ---        ---
   Net income                                    1.36        2.13       3.58

a) Royalties are from licenses of the company's resilient flooring patents, as well as
    license agreements for know-how. These patents expire from 1980 through 1987,
    although most expire by 1984.

Note: The statements above reflect the addition of Curtis Noll Corporation only after
 October 31, 1977, the date of acquisition. The acquisition was accounted for as a purchase.
 Restating the results of 1977 and 1976 as if Noll were included yields the following:
                                                      Year Ended December 31
                                                            1976       1977
          Total revenues                                 416,000 497,300
          Income from continuing operations               19,592     27,725
          Net income                                      17,977     27,725
          Earnings per share                              $1.56       $2.39



Exhibit 3
CONGOLEUM CORPORATION (Abridged)
Consolidated Balance Sheets (in thousands)
                                                        Year Ended December 31
                                                          1977      1978
CURRENT ASSETS
Cash and temporary investments                          $12,369 $77,254
Receivables                                               55,053  40,424
Shipbuilding contracts in progress                        18,936  24,058
Inventories                                               73,318  75,258 (a)
Other                                                      5,679   3,511
Total current assets                                     165,355 220,505 (b)

PROPERTY PLANT AND EQUIPMENT                             131,621    135,627 (c)
Accumulated depreciation and ammortization               -60,472    -64,850 (d)
Net                                                       71,149     70,777 (e)

OTHER ASSETS
Goodwill                                                  18,520     18,520


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Other                                                    11,356    13,250
TOTAL                                                   266,380   323,052 (f)

CURRENT LIABILITIES
Current maturities of long-term debt                      2,055       460
Accounts payable                                         38,391    41,578
Accrued liabilities                                      28,928    30,102
Income taxes                                             17,985    38,257
Total current liabilities                                87,359   110,397

Long-term debt                                           16,067    14,949
Deferred income taxes and other liab.                     9,886    10,221

Common stock                                              5,859     5,859
Surplus                                                  11,846    11,345
Retained earnings                                       137,256   171,229
Treasury stock                                           -1,893      -948
Net worth                                               153,068   187,485

TOTAL LIABILITIES AND EQUITY                            266,380   323,052

Replacement Cost Data: (a) $79,518 (b) 224,765 (c) 282,267 (d) 188,281
                        (e) 93,986 (f) 352,710




Exhibit 4
CONGOLEUM CORPORATION (Abridged)
Product Line Data
                                                       Year Ended December 31             ---- 9 mos. ----
                                    1974      1975       1976      1977     1978      1978

Revenues by segment
  Home furnishings                      143      153        180       198       225         170
  Shipbuilding                          107      126        115       167       211         158
  Automotive and industrial
   distribution                          79       85         95       105       115          86
                                        329      364        390       470       551         414

Operating income (loss) by segment (1)
   Home furnishings                    22         27         34          42     58          43
   Shipbuilding                       -11          1          2          10     19          13
   Automotive and industrial
   distribution (2)                     6          7          8           9     10           7
                                       17         35         44          61     87          63

Identifiable assets by segment
  Home furnishings                      93        93         97          92     93    NA
  Shipbuilding                          37        38         42          54     59     "
  Automotive and industrial
   distribution                         48        51         56          62     64      "


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                                       178         183       195       208       216       "

(1) Operating income does not include an allocation of interest income or expense, miscellaneous
    and other unallocable expenses, corporate office expenses or provisions for income taxes.
(2) The pro forma amounts for the automotive and industrial distribution segment include the
     results of Curtis Noll Corporation.




Exhibit 5
CONGOLEUM CORPORATION (Abridged)
Management Stock and Ownership in Congoleum Corporation, Autumn of 1979

                             Number of Shares            Weighted          Number of           Total Number
                                 Subject to              Average          Other Shares
                             Options and Stock           Exercise          Beneficially        Beneficoially
                             Appreciation Rights           Price             Owned
Byron C. Radaker
  (Chairman, CEO)                   47,250                $11.87              12,750
Eddy G. Nicholson
  (Vice Chairman, COO)              27,750                $11.31              11,250
Harry F. Pearson
  (Executive Vice Pres.)            17,000                $15.38              47,492
All Directors and Officers
  as a Group                       164,699                $13.07             293,023

Officers of Congoleum expected to assume equivalent positions in the new firm.

It was proposed that Radaker and Nicholson be allowed to purchase 7% and 5% respectively
of the new firm's equity, subject to the right of the firm to repurchase the equity if their
employment is terminated before 1984. Stock in the new venture was also reserved
for other key employees.

Radaker and Nicholson would be employed under five-year contracts which specified
a base salary, incentive compensation, and entitlements in the event of termination.
Current and proposed compensation compared as follows:
                                                      Radaker Nicholson
                       1979 Compensation                370,000 295,000
                       1980 Compensation per Contract
                               Maximun                  500,000 380,000
                               Minimum                  375,000 290,000



Exhibit 6                                                         >>>>>>MORE>>>>>>
CONGOLEUM CORPORATION (Abridged)
Data on Comparable Leveraged Buyouts and Other Acquisitions
                                               Premium/Price                      Senior
                            Acquisition           One Day                          Debt
                              of Stock            Prior to Offer as a Multiple of  Total
Company Acquired      Date   or Assets      AnnouncementNet Income   Book Value Debt


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Houdaille             ########      S                   93%       13.9x     2.0x     65.50%
  Industries
Bliss & Laughlin      8/10/1979     A                   23%        8.7      1.7
Carrier Corp.         9/16/1978     A                   39%       10.2      1.6
Gardner-Denver        1/22/1979     A                   46%       12.2      2.1
Washington Steel      3/12/1979     A                   34%        7.3      1.3
Eltra Corp.           6/29/1979     A                   25%       11.6      1.5
Sudebaker-            7/25/1979     A                   17%       10.7      1.4
  Worthington
Marathon              8/13/1979     A                   13%       11.4      2.1
  Manufacturing
Congoleum                          A/S                  50%        9.4      2.4      68.60%




Exhibit 7
CONGOLEUM CORPORATION (Abridged)
Valuation Based on a Breakup Price Estimated by Lazard Freres (millions)

1979 Estimated Results by Segment:
                           Home Furnishings           Bath Iron    Automotive & Industrial     Corporate
                              Segment                  Works            Distribution          Consolidated

Operating income (a)              56.1                   29                 11.9
Corporate office and other (b)     1.1                   1.3                 0.7
  Pretax income                    55                   27.7                11.2
  Taxes (48%)                     26.4                  13.3                 5.4
Net income                        28.6                  14.4                 5.8

Valuation Based on Assumed Price-
  Earnings Ratio                 Low         High       Low       High      Low        High

Assumed price-earnings ratio       9.0x     10.0x       5.0x      6.0x     10.0x      11.0x
Derived valuation                 257.4      286         72       86.4      58        63.8
Plus:
  Estimated excess cash on
   12/31/79 (c)
Less:
  Estimated long-term debt and
   current maturity of long-
   term debt on 12/31/79
  Unfunded vested pension liabil-
   ities (as of 12/31/78)
Net breakup value

Per share (based on 12,201,000
   fully diluted shares)

(a) From Congoleum's internal reporting of quarterly operating income and performance
   report. Operating income for the Home Furnishings Segment was reduced by $2.7 million


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   attributable to the Kinder Division. This operation has been assued to be sold for $10 million
    by the end of 1979.
(b) Allocated based on 1979 estimated sales (excluding $36 million attributable to Kinder
   and excluding royalty payments).
(c) Total cash at year-end estimated at $103.1 million minus $8 million. Excess cash is,
   therefore, estimated at 95.1 million.




Exhibit 8
CONGOLEUM CORPORATION (Abridged)
Forecast of Congoleum Operations

These data are from an internal forecast by Congoleum prepared in the summer of 1978,
and subsequently made available to First Boston Corp.

                                                   1979       1980       1981
                                            (in millions except per share data)
For the Year Ended December 31
  Revenues                                         596         680        737
  Operating income                                   86         97        112
  Net income                                         45         51         60
  Net income per share                              3.8       4.35          5
  Dividends per share                             0.90        1.10       1.30

At December 31
   Cash and temporary investments                   93        136         182
   Working capital                                 140        169         209
   Long-term debt                                   15         14          14
   Stockholders' investment                        220        259         304




Exhibit 9
CORPORATION CORPORATION (Abridged)
Financial Data on Market Segment Competitors

                                  5 Year                                                   1982-1984
                                 Expected                            LT Debt       1979     Expected
                                   Growth       P/E        b*        % Cap.        ROE     Div. Yield
Home Furnishing
 Armstrong Cork                   17.50%        5.8        1.00      18.20%       11.60%    3.20%
 GAF Corp.                         14%           6         1.15       35%         10.40%    2.60%

Shipbuilding
 Todd Shipyards                     21%         5.3        1.00       69%          22%        2%

Automotive and industrial
   distribution



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 Genuine Parts                     16%         10.4     0.95      5%     19.20%    2.50%
 General Automotive Parts          16%          9.6     0.75      7%      19%      2.40%
 Barnes Group                     12.50%        5.1     0.85     18%     20.60%    2.70%

CONGOLEUM                         22.50%       7.9      1.25     7%         23%     3%

 * The risk-free rate was assumed to be 9.5% and the market premium 8.6%.



Exhibit 10
CONGOLEUM CORPORATION (Abridged)
Average or Comparable Debt Yields by Quality, September 1979
                                                   Ratio of Debt to
S & P Rating         Yield Firm Name               Total Capital (%)

  AAA                  9.35
  AA                   9.54
   A                   9.78
  BBB                 10.49
  BB                  13.76     Action Industries         56.9
                      11.06     Control Data              21.1
                      11.86     Sun Chemical              47.6
                      10.59     Talley Industries           43
    B                 13.32     APL Corp.                 57.9
                      12.70     Arrow Electronics         49.7
                      11.98     Charter Company           50.4
                      12.46     Columbia Pictures         41.3
                      12.87     Texas Int'l Airlines        51
  CCC                 16.11     Altec Corp.               70.8
                      13.32     General Host              74.4
                      17.22     Grolier Inc.               NA
                      14.26     LTV Corp.                 73.8
                      15.02     Rapid American Corp.      75.7




Exhibit 11
CONGOLEUM CORPORATOION (Abridged)
Average or Comparable Preferred Stock Dividend Yields by Quality, September 1979

                      Yield                                   Ratio of Debt to
Moody's Rating         (%)      Firm Name                  Total Capital (%)

  AAA                  NR
  AA                   9.60
   A                  10.34
  BAA                 10.49

S & P Rating
   BB                   10      Control Data                     21.1


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                        10.8    Evans Products                           36.8
                         10     Fairmont Foods                            39
                        11.5    Flexi-Van Corp.                           64

    B                   12.1    Eastern Airlinnes                        68.1
                        11.5    Humana Inc.                              72.1
                        12.5    Norin Corp.                              49.5
                        12.6    Petro-Lewis                              67.2

  CCC                   18.2    Chrysler Corp.                           33.8
                        11.9    Continental Copper Steel                  45
                         14     Susquehanna Corp.                        25.3
                         15     United Brands                            33.3
                         14     Warnaco                                   35
                         13     Wheeling Pittsburgh Steel                33.7




Exhibit 12
CONGOLEUM CORPORATION (Abridged)
Sources and Allocation of Purchase Premium *
                                                         (in millions)
Cost of stock ($38 x 12.2 mm shares)                          463.6
Expenses                                                           7
Purchase price                                                            470.6

Stockholders' investment 12/31/78                             187.5
Claim settlement                                                3.5
Proceeds from exercise of stock options                           5
Estimated 1979 additions to retained earnings                  37.7
Stockholders' investment 12/31/79                             233.7
  Less: Unfunded pension liabilities                           34.5
Adjusted stockholkers' investment 12/31/79                                199.2

Purchase premium *                                                        271.4

Allocation of purchase premium
   Inventory write-up from recapture of
    LIFO reserve                                                 4.2
   Fixed assets                                                83.4
   Patents                                                      150
   Goodwill                                                    33.8
   Purchase premium                                                       271.4

 * See note in papercase.




Exhibit 13
CONGOLEUM CORPORATION (Abridged)


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Income and Cash Flow Forecast for Congoleum Reflecting the Terms of the Proposed
  Leveraged Buyout 1978 - 1984 ($ millions)
                                                             >>>> MORE >>>>
                                                     1978
Line #                                              Actual     1979e      1980            1981
    1     Operating income (Exhibit 15)                 95.5     105.9      111.5          132.2
    2     Less: corporate expenses                       7.5        8.6       4.3            5.1
    3            depreciation & amortization             6.7        7.5     35.51          36.26
    4     Earnings before interest and taxes            80.3      89.8      71.69          90.84

    5      Less: interest expense (net) (a)                   -3       -5.7      42.92      40.55
    6      Profit before taxes                              83.3       95.5      28.77      50.19

    7      Less: tax (@ 48%)                                  40       45.8      13.80      24.09
    8      Profit after taxes                              43.30      49.70      14.97      26.10

           Adjustments
   9       Add back depreciation & amortization (b)                              35.51      36.26
   10      Less capital expenditures                                               -15      -16.2
   11      Less investment in working capital required                                         -2
   12      Less preferred dividends                                                -3.5      -3.5
   13      Less principal repayments                                              -17.4    -24.75

   14      Free Cash Flow (to common stock) (c)                                  12.84       3.91
   15      Add: dividends, interest and principal                                63.56       68.8
   16      Free cash flow (to all capital)                                       76.40      72.71
   17      Less: bank & preexisting interest                                     35.85      33.46
                  and principal
   18      Free cash flow (to non-bank)                                          40.55      39.25
                  buyout participants)

   19      Net working capital                                          120        122        136
   20      Change in net working capital                                             2         14

(a) With no leveraged buyout, Congoleum's net interest expenses were expected to
    be $(2.0), $(2.0), $(2.1), $(2.1), and $(3.0) million over the years 1980-1984.
(b) With no leveraged buyout, Congoleum's depreciation and amortization expenses were
    expected to be $7.5, $8.3, $9.0, $9.9, and $10.9 million over the years 1980-1984.
(c) Because of covenants prohibiting dividends, these free cash flows would be reinvested
     (presumably in cash and marketable securities), reducing financial risk, and increasing the
     the free cash flow. Does not reflect income from the reinvestment of surplus cash.




Exhibit 15
CONGOLEUM CORPORATION (Abridged)
Projected Operating Income 1979-1984
These data are from projections made by First Boston Corp. and assume the buyout is completed.
                                            Actual
                                             1978      1979       1980     1981       1982


                                               Page 9
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          Revenues
    1     Home furnishings net                207.9     234.9      217.9     241.9    273.3
    2     Home furnishings royalties           17.2      20.6       24.8      29.7     35.7
    3      Total home furnishings             225.1     255.5      242.7     271.6     309
    4     Shipbuilding                         211      230.4      247.9     279.2    345.1
    5     Automotive - expediter               78.8      90.6      104.2     119.8    137.8
    6     Automotive - conventional             45        45         40        40       40
    7      Total automotive                   123.8     135.6      144.2     159.8    177.8
    8        Total revenues                   559.9     621.5      634.8     710.6    831.9

          Operating Income
   9      Home furnishings net                43.7        42        39.2      48.4     57.4
   10     Home furnishings royalties          17.2       20.6       24.8      29.7     35.7
   11      Total home furnishings             60.9       62.6        64       78.1     93.1
   12     Shipbuilding                        21.7       31.5       33.9      38.5     47.7
   13     Automotive - expediter               NA        11.8       13.6      15.6     17.9
   14     Automotive - conventional            NA          0          0        0        0
   15      Total automotive                   12.9       11.8       13.6      15.6     17.9
   16        Total operating income           95.5      105.9      111.5     132.2    158.7

NOTE: Neither depreciations nor corporate-level expenses are reflected in operating
        income, nor is income from the reinvestment of surplus cash.




Exhibit 16
CONGOLEUM CORPORATION (Abridged)
Capital Structure and Debt Repayment Schedule for Congpoleum 1980-1984 (a) ($ millions)

                                                        31-Dec
Line #                                                   1979      1980      1981     1982
          Old debt
    1                                             3
            7 1/2% Subordinated debentures due 1983         12.2    12.2     12.2     12.2
    2       Other L-T debt                               4.24       3.77     3.32     3.11
          New debt
    3       Bank term notes                              125       108.33    91.67     75
    4       11 1/4% Senior notes due 1995               113.6       113.6     106     98.3
    5       12 1/4% Subordinated notes due 2000          89.8        89.8     89.8    89.8
    6     Preferred stock $11.00 (322,000 shares)        26.2        26.2     26.2    26.2

          Common stock
    7      Par value .10 (1,000,000 shares)               0.1        0.1      0.1      0.1
    8      Paid-in surplus                               24.9       24.9     24.9     24.9

          Interest
   9        7 1/2% Sub. debentures                                  0.92      0.92     0.92
   10       Other LTD                                                0.3      0.26     0.23
   11       Bank term loans @ 14%                                   17.5     15.17    12.83
   12       11 1/4% Senior notes                                   12.94     12.94    12.08
   13       12 1/4% Subordinated notes                             11.27     11.27    11.27
   14         Total interest payments                              42.92     40.56    37.33


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    15       Preferred dividend                                           3.54           3.54   3.54

             Amortization
    16        7 1/2% Sub. debentures
    17        Other L-T debt (assumed in acquisition)         0.46        0.47        0.45       0.21
    18        Bank notes                                                 16.67       16.67      16.67
    19        11 1/4% Senior notes                                                    7.67       7.67
    20        12 1/4% Subordinated notes
    21       TOTAL: Interest, principal, dividends                        63.6       68.85      65.39

(a) Includes anticipated pre-payments as well as required repayments.




Congoleum Corporation (Abridged)
Harvard Business School
Case Software 2-293-756

Copyright (c) 1993 by the President and Fellows of Harvard College.




The this case was prepared as a basis for class discussion rather than
to illustrate either effective or ineffective handling of an administrative situation.




                                   SCROLL DOWN FOR LIST OF EXHIBITS...



WORKSHEET NAVIGATION

This worksheet contains the data from the following exhibits:

Exhibit 1:   Ten Year Historical Financial Data
Exhibit 2:   Historical Income Statements
Exhibit 3:   Consolidated Balance Sheets
Exhibit 4:   Product Line Data
Exhibit 5:   Management Stock and Ownership in Congoleum Corporation, Autumn of 1979
Exhibit 6:   Data on Comparable Leveraged Buyouts and Other Acquisitions
Exhibit 7:   Valuation Based on a Breakup Price Estimated by Lazard Freres (millions)
Exhibit 8:   Forecast of Congoleum Operations
Exhibit 9:   Financial Data on Market Segment Competitors


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Exhibit 10: Average or Comparable Debt Yields by Quality, September 1979
Exhibit 11: Average or Comparable Preferred Stock Dividend Yields by Quality, September 1979
Exhibit 12: Sources and Allocation of Purchase Premium
Exhibit 13: Income and Cash Flow Forecast for Congoleum Reflecting the Terms of the Proposed
              Leveraged Buyout 1978 - 1984 ($ millions)
Exhibit 15: Projected Operating Income 1979-1984
            These data are from projections made by First Boston Corp. and assume the buyout is completed.
Exhibit 16: Capital Structure and Debt Repayment Schedule for Congpoleum 1980-1984 (a) ($ millions)

 The first exhibit is located in the A1 position.
 To view each succeeding exhibit, use the SCROLL Bar to view the next exhibit


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 SCROLL TO A1 TO GO TO FIRST EXHIBIT...




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                  1976    1977    1978

                  294.8   388.6   575.8

                  10.1    13.2    17.8

                  15.7    24.7    41.7

                  1.36    2.13    3.58

                  0.33     0.4    0.67


                  12.9    14.6     26.3
                   8       8.8      12
                  76.8     78     110.1

                  16.6    16.1    14.9

                  132.6   153.1   187.5



tain operations




                                                          Page 13
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                Page 14
                   932e461b-ea65-4423-b5f6-b1f51dddf02c.xls




---- 9 mos. ----
       1979


            177
            181

             89
            447


            40
            28

             8
            76


       NA
        "

        "


                                   Page 15
                                            932e461b-ea65-4423-b5f6-b1f51dddf02c.xls


                  "

miscellaneous




           Total Number
            of Shares
           Beneficoially
              Owned

                 60,000

                 39,000

                 64,492

                457,722




                Sub.       Senior   Sub.
                Debt        Debt    Debt
                Total      Total    Total
                Debt        Cap.    Cap.


                                                            Page 16
                              932e461b-ea65-4423-b5f6-b1f51dddf02c.xls



  34.50%     56%     29.60%




  31.40%    60.40%   27.60%




 Corporate
Consolidated Total

    97
    3.1
   93.9
   45.1
   45.8


    Low      High


   387.4     436.2


   95.1      95.1



   15.6      15.6

    34.5      34.5
   432.4     481.2

   35.44     39.43




                                              Page 17
            932e461b-ea65-4423-b5f6-b1f51dddf02c.xls




1982-1984




                            Page 18
932e461b-ea65-4423-b5f6-b1f51dddf02c.xls




                Page 19
932e461b-ea65-4423-b5f6-b1f51dddf02c.xls




                Page 20
                                           932e461b-ea65-4423-b5f6-b1f51dddf02c.xls




                                          1980-1984
               1982     1983     1984       Totals
                158.7    175.9    166.1
                  5.9      6.8      7.6
                37.07    37.95    21.23
               115.73   113.15   137.27

                37.33    34.12    29.87
                78.40    97.03   107.40

                37.63    46.57    51.55
                41.77    50.46    55.85


                37.07    37.95    21.23
                -17.5    -18.9    -20.4
                  -14    -23.3    -11.2       -12.8
                 -3.5     -3.5     -3.5       -17.5
               -24.52   -36.75   -24.55      -127.7

                10.02    18.06    15.83       60.8
                65.35    74.37    57.96        330
                75.37    92.43    73.79      390.8
                30.86    40.74    25.28      166.2

                44.51    51.69    48.51      224.6


                159.3    170.5    183.3
                 23.3     11.2     12.8




s completed.

               1983     1984


                                                           Page 21
                932e461b-ea65-4423-b5f6-b1f51dddf02c.xls



308.8    349
 42.8    21.4
351.6   370.4
345.1   345.1
158.5   182.3
  40      40
198.5   222.3
895.2   937.8


 64.8    73.3
 42.8    21.4
107.6    94.7
 47.7    47.7
 20.6    23.7
  0       0
 20.6    23.7
175.9   166.1




1983    1984

 0       0
2.86    2.61

58.34   41.67
 90.7    83.1
 89.8    89.8
 26.2


 0.1     0.1
24.9    24.9


 0.92
 0.22     0.2
 10.5    8.17
11.22   10.23
11.27   11.27
34.12   29.87


                                Page 22
                      932e461b-ea65-4423-b5f6-b1f51dddf02c.xls



3.54    3.54


 12.2
 0.24    0.25   (a)
16.67   16.67
 7.67    7.67

74.41   57.96




                                      Page 23
                          932e461b-ea65-4423-b5f6-b1f51dddf02c.xls




he buyout is completed.
84 (a) ($ millions)




                                          Page 24

				
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