ALBANY INTERNATIONAL CORP /DE/ - FORM 8-K/A - EX-99.11 - EFFECT OF CHANGES ON BALANCE SHEETS MARCH 31, 2012 AND DECEMBER 31, 2011 - July 20, 2012

Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - ALBANY INTERNATIONAL CORP /DE/Financial_Report.xls
8-K/A - CURRENT REPORT - ALBANY INTERNATIONAL CORP /DE/e49191_8ka.htm
EX-99.9 - EFFECT OF CHANGES ON INCOME STATE FULL YEAR 2010 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-9.htm
EX-99.8 - EFFECT OF CHANGES ON INCOME STATE FULL YEAR 2011 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-8.htm
EX-99.2 - EFFECT OF CHANGES Q1 2012 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-2.htm
EX-99.5 - EFFECT OF CHANGES FOR YEAR 2009 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-5.htm
EX-99.7 - EFFECT OF CHANGES ON INCOME STATEMENT Q1 2012 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-7.htm
EX-99.1 - EFFECT OF CHANGES FOR Q1 2011 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-1.htm
EX-99.4 - EFFECT OF CHANGES FOR FULL YEAR 2010 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-4.htm
EX-99.6 - EFFECT OF CHANGES ON INCOME STATEMENT Q1 2011 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-6.htm
EX-99.3 - EFFECT OF CHANGES FOR FULL YEAR 2011 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-3.htm
EX-99.10 - EFFECT OF CHANGES ON INCOME STATEMENT FULL YEAR 2009 - ALBANY INTERNATIONAL CORP /DE/e49191ex99-10.htm

99.11   Effect of changes on Balance Sheets for March 31, 2012 and December 31, 2011  (000's, except for share amounts).
               
               
               
  March 31, March 31, March 31,   December 31, December 31, December 31,
  2012 2012 2012   2011 2011 2011
  As previously reported Reclassify Primaloft
to Discontinued		 Updated
Q2 2012		   As previously reported Reclassify Primaloft
to Discontinued		 Updated
Q2 2012
ASSETS              
  Cash and cash equivalents $140,925   $                -  $140,925    $118,909   $                -  $118,909 
  Accounts receivable, net     152,126               (2,098)            150,028               148,849               (1,338)            147,511 
  Inventories     138,299               (3,685)            134,614               133,649               (3,846)            129,803 
  Income taxes receivable and deferred       23,724                     -              23,724                30,010                     -              30,010 
  Prepaid expenses and other current assets      13,464                  (102)             13,362                13,409                    (60)             13,349 
  Current assets of discontinued operations        2,596                5,885                8,481                62,107                5,244              67,351 
      Total current assets 471,134                     -  471,134    506,933                     -  506,933 
               
  Property, plant and equipment, net 434,266                  (444)            433,822    439,516                  (563)            438,953 
  Intangibles 1,021                     -                1,021    1,079                     -                1,079 
  Goodwill 77,148                     -              77,148    75,469                     -              75,469 
  Deferred taxes 127,362                     -             127,362    134,644                     -             134,644 
  Other assets 36,448                     -              36,448    22,504                     -              22,504 
  Noncurrent assets of discontinued
   operations		 279                   444  723    50,783                   563  51,346 
      Total assets $1,147,658                     -   $1,147,658    $1,230,928                     -  $1,230,928 
               
LIABILITIES AND SHAREHOLDERS' EQUITY              
  Notes and loans payable $193   $                -  $193    $424   $                -   $424 
  Accounts payable 37,732               (2,571)             35,161    33,663                  (955)             32,708 
  Accrued liabilities 104,989               (1,133)            103,856    105,649                  (545)            105,104 
  Current maturities of long-term debt 30,145                     -              30,145    1,263                     -                 1,263 
  Income taxes payable and deferred 7,010                     -                7,010    8,766                     -                 8,766 
  Current liabilities of discontinued operations        2,675                3,704               6,379                20,946                1,500              22,446 
      Total current liabilities 182,744                     -  182,744    170,711                     -   170,711 
               
  Long-term debt 296,636                     -             296,636    373,125                     -              373,125 
  Other noncurrent liabilities 127,993                    (54)            127,939    185,648                    (52)            185,596 
  Deferred taxes and other credits 61,066                     -              61,066    71,529                     -               71,529 
  Noncurrent liabilities of discontinued
   operations		              -                     54                     54                14,065                     52              14,117 
      Total liabilities 668,439                     -  668,439    815,078                     -   815,078 
               
Commitments and Contingencies -  -     - -  
               
SHAREHOLDERS' EQUITY              
  Preferred stock, par value $5.00 per share;              
    authorized 2,000,000 shares; none issued              -                       -                          -                      -  
  Class A Common Stock, par value $.001 per              
    share; authorized 100,000,000 shares;              
    issued 36,585,004 in 2012 and 36,540,842
    in 2011		            37                       -                    37                       37                       -                    37 
  Class B Common Stock, par value $.001 per              
    share; authorized 25,000,000 shares;                
    issued and outstanding 3,236,098
    in 2012 and 2011		             3                       -                     3                        3                       -                     3 
  Additional paid in capital    391,611                       -            391,611               391,495                       -            391,495 
  Retained earnings    465,016                       -            465,016               422,044                       -            422,044 
  Accumulated items of other comprehensive
   income:		              
    Translation adjustments      (6,244)                      -              (6,244)              (19,111)                      -            (19,111)
    Pension and  post retirement liability
     adjustments		   (110,480)                      -           (110,480)             (118,104)                      -           (118,104)
    Derivative valuation adjustment      (2,804)                      -              (2,804)                (2,594)                      -              (2,594)
  Treasury stock (Class A), at cost 8,479,487
   shares in 2012 and 2011		     (257,920)             -           (257,920)        (257,920)              -       (257,920)
      Total shareholders' equity 479,219                    - 479,219    415,850                    - 415,850 
      Total liabilities and shareholders' equity $1,147,658   $                  - $1,147,658    $1,230,928   $                  - $1,230,928 

 
 

ALBANY INTERNATIONAL CORP /DE/ Reports