Overhead Door Company, Inc.
Statement of Changes in Financial Position
For the six month period ended June 30, 1997
CURRENT YEAR TO
DATE
Funds Provided
Items included in net income not affecti
working capital:
Depreciation .00 3,919.05
______________ ______________
Funds Provided by Ope .00 3,919.05
Sale of stock .00 .00
______________ ______________
Total Funds Provide .00 3,919.05
______________ ______________
Funds Applied:
Additions to Property and E .00 18,575.00
Total Funds Applied .00 18,575.00
______________ ______________
Increase or Decreas $ .00 $ -14,655.95
============== ==============
Changes in Working Capital
Increase or Decrease in Current Assets
Cash $ -1,025.00 $ 380.55
Accounts and notes receiv .00 48,945.39
Inventories .00 35,441.14
______________ ______________
-1,025.00 84,767.08
______________ ______________
Increase or Decrease in Current Liabilit
Notes payable .00 1,125.00
Accounts payable - 200.00 1,084.10
Accrued expenses 190.00 2,779.16
______________ ______________
-10.00 4,988.26
______________ ______________
Increase or Decreas $ -1,015.00 $ 79,778.82
See Accountant's Compilation Report
Overhead Door Company, Inc.
Statement of Changes in Financial Position
For the six month period ended June 30, 1997
CURRENT YEAR TO
DATE
============== ==============
See Accountant's Compilation Report
