CTS CORPORATION
Condensed Consolidated Balance Sheets - Unaudited
 (In thousands of dollars)
 

 

  

October 2,
   2005   

 

December 31, 2004* 

     

(Unaudited)

    
 

 

        
Cash and equivalents   $17,085   $61,005
Accounts receivable, net   93,266   84,112
Inventories, net   58,352   42,734
Other current assets   23,035   16,295
      Total current assets   191,738   204,146
         
Property, plant & equipment, net   113,588   112,495
Other assets   243,538   205,536
           
  Total Assets   $548,864   $522,177
         
         
Notes payable and current portion of long-term debt   $3,185   $3,311
Accounts payable   66,637   55,614
Other accrued liabilities   44,286   44,036
      Total current liabilities   114,108   102,961
         
Long-term debt   94,723   94,150
Other obligations   15,843   14,362
Shareholders' equity   324,190   310,704
           
  Total Liabilities and
Shareholders' Equity		        
$548,864 $522,177
         

*

 The balance sheet at December 31, 2004 has been derived from the audited
financial statements at that date.