Audiovox 2006 Annual Report Download - page 104
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Audiovox Specialized Applications, LLC and Subsidiary
(A Limited Liability Company)
Consolidated Statements of Members Equity
Years Ended November 30, 2006, 2005 and 2004
2006 2005 2004
Balance, beginning.................................. $24,145,549 $21,723,411 $22,681,594
Net income ...................................... 5,795,107 4,716,396 7,303,965
Member distributions ............................. (6,603,808) (2,294,258) (8,262,148)
Balance, ending .................................... $23,336,848 $24,145,549 $21,723,411
See Notes to Financial Statements.
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