F/S BALANCE SHEET WISTER MFG. Cash Net Accounts receivable 2017 394,387 1,341,200 2016 2015 2014 2013 2012 2011 2017 2016 2015 2014 2013 2012 2011 557,252 512,699 Inventories Prepaid Expenses 2,001,002 1,321,504 1,668,418 1,255,579 1,728,498 351,378 1,963,295 1,681,358 951,099 1,112,487 54,109 1,446,561 23,415 1,195,201 3.67% 5.22% 4.99% 3.75% 9.65% 0.61% 0.25% 12.47% 12.38% 12.23% 20.95% 11.29% 16.28% 12.93% 2,031,846 61,569 TOTAL CURRENT ASSETS 3,798,158 62,665 3,609,839 56,507 3,553,283 75,585 4,071,616 68,074 4,163,506 1,745,756 63,495 3,309,921 1,709,880 18.60% 15.63% 16.83% 17.94% 20.62% 19.64% 18.50% 84,973 0.57% 0.59% 0.55% 0.81% 0.69% 0.71% 0.92% 3,013,469 35.30% 33.83% 34.60% 43.44% 42.25% 37.24% 32.60% NET PROPERTY & EQUIPMENT 6,960,048 7,061,275 6,716,523 5,300,407 5,690,164 5,577,411 6,229,530 64.70% 66.17% 65.40% 56.56% 57.75% 62.76% 67.40% TOTAL ASSETS 10,758,206 10,671,114 10,269,806 9,372,023 9,853,670 8,887,332 9,242,999 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% CURRENT LIABILITIES Line of Credit 4,603 Current Portion of Long-Term Debt 186,043 Accounts Payable 595,322 4,346 177,301 858,314 Accrued Expenses 702,504 781,467 TOTAL CURRENT LIABILITIES 1,488,472 1,821,428 10,617 155,810 1,049,014 359,500 1,574,941 855,350 49,295 1,886,340 340,353 3,131,338 570,486 150,170 1,748,044 432,994 2,901,694 1,704,717 1,491,831 0.04% 0.04% 0.10% 9.13% 5.79% 19.18% 16.14% 204,000 1,591,676 181,614 3,682,007 204,000 1.73% 1.66% 1.52% 0.53% 1.52% 2.30% 2.21% 1,426,163 5.53% 8.04% 10.21% 20.13% 17.74% 17.91% 15.43% 146,327 6.53% 7.32% 3.50% 3.63% 4.39% 2.04% 1.58% 3,268,321 13.84% 17.07% 15.34% 33.41% 29.45% 41.43% 35.36% LONG TERM DEBT Long-Term Debt, Net of Current 2,565,218 2,849,533 2,967,689 1,994,241 2,042,149 129,000 324,333 23.84% 26.70% 28.90% 21.28% 20.72% 1.45% 3.51% Notes Payable, stockholders 3,716,332 3,273,936 3,592,489 3,579,704 3,524,788 3,471,988 3,420,116 34.54% 30.68% 34.98% 38.20% 35.77% 39.07% 37.00% TOTAL LONG TERM DEBT 6,281,550 6,123,469 6,560,178 5,573,945 5,566,937 3,600,988 3,744,449 58.39% 57.38% 63.88% 59.47% 56.50% 40.52% 40.51% TOTAL LIABILITIES 7,770,022 7,944,897 8,135,119 TOTAL EQUITY 2,988,184 2,726,217 2,134,687 8,705,283 666,740 8,468,631 7,282,995 7,012,770 72.22% 74.45% 79.21% 92.89% 85.94% 81.95% 75.87% 1,385,039 1,604,337 2,230,229 27.78% 25.55% 20.79% 7.11% 14.06% 18.05% 24.13% TOTAL LIABILITIES & EQUITY 10,758,206 10,671,114 10,269,806 9,372,023 9,853,670 8,887,332 9,242,999 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% F/S INCOME STATEMENTS EXHIBIT 1 WISTER MFG. 2017 2016 2015 2014 2013 2012 2011 2017 2016 2015 2014 2013 2012 2011 INCOME: Net Sales 31,882,433 27,559,758 30,950,685 24,294,061 23,180,919 18,891,329 20,309,051 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% COST OF SALES 26,673,812 23,891,271 GROSS PROFIT 5,208,621 3,668,487 26,866,128 4,084,557 22,020,113 2,273,948 22,479,490 701,429 18,111,937 779,392 18,550,741 1,758,310 83.66% 16.34% 86.69% 13.31% 86.80% 13.20% 90.64% 9.36% 96.97% 95.87% 91.34% 3.03% 4.13% 8.66% EXPENSES: Administrative, selling and delivery 1,225,284 1,149,515 985,164 816,437 975,486 435,775 404,541 3.84% 4.17% 3.18% 3.36% 4.21% 2.31% 1.99% Depreciation & Amortization 1,014,451 938,910 869,361 866,426 836,515 856,190 829,817 3.18% 3.41% 2.81% 3.57% 3.61% 4.53% 4.09% Loss on note receivable 500,000 1.57% Income (loss) before other inc/(exp) 2,468,886 1,580,062 2,230,032 591,085 (1,110,572) (512,573) 523,952 7.74% 5.73% 7.21% 2.43% -4.79% -2.71% 2.58% Other Income (Expense) Interest expense, bank and other (137,271) (147,240) (119,799) Interest expense, stockholders (57,523) (56,641) (55,772) (133,054) (54,916) Insurance proceeds, net 0 0 0 433,965 (83,329) (52,800) 1,269,332 (61,447) (59,085) -0.43% -0.53% -0.39% -0.55% -0.36% -0.33% -0.29% (51,872) (51,097) -0.18% -0.21% -0.18% -0.23% -0.23% -0.27% -0.25% 0 0 1.79% 5.48% Other Income 0 0 0 0 TOTAL OTHER INCOME (EXPENSES) (194,794) (203,881) (175,571) 245,995 2,449 1,135,652 0 0 0.01% (113,319) (110,182) -0.61% -0.74% -0.57% 1.01% 4.90% -0.60% -0.54% NET ORDINARY PRE-TAX INCOME 2,274,092 1,376,181 2,054,461 837,080 25,080 (625,892) 413,770 7.13% 4.99% 6.64% 3.45% 0.11% -3.31% 2.04%