TABLE 4.3
Tentex Balance Sheet and Calculation of Free Cash Flow
Concepts
Change:
Row
Assets
2003
2002
2003/2002
1
Cash
$220,000
$187,000
2
Cash required for operations
$71,251
$64,126
3
Excess cash
$148,749
$122,874
4
Accounts receivable
$356,256
$302,817
5
Inventories
$890,639
$846,107
6
Other current assets
$0
$0
7
Total current assets
$1,686,895
$1,522,924
8
Gross plant and equipment
$5,343,834
$5,076,642
9
Accumulated depreciation
$3,730,729
$3,480,729
10
Net fixed capital
$1,613,105
$1,595,914
11
Total assets
$3,300,000
$3,118,838
12
Liabilities and equity
13
Short-term debt and current portion
of long-term debt
$200,000
$190,000
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