Audiovox 2010 Annual Report Download - page 119

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Audiovox Specialized Applications, LLC and Subsidiary
(A Limited Liability Company)
Consolidated Statements of Members' Equity
November 30, 2009, 2008 and 2007
2009 2008 2007
Balance, beginning $ 26,135,586 $ 26,128,658 $ 23,336,848
Net income 2,457,223 3,176,393 6,881,233
Member distributions (6,555,020) (3,169,465) (4,089,423)
Balance, ending $ 22,037,789 $ 26,135,586 $ 26,128,658
See Notes to Financial Statements
6
Source: AUDIOVOX CORP, 10-K, May 14, 2010 Powered by Morningstar® Document Research℠