Avnet 2004 Annual Report Download - page 75

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SCHEDULE II
AVNET, INC. AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS
Years Ended July 3, 2004, June 27, 2003 and June 28, 2002
Column A Column B Column C Column D Column E
Additions
Balance at Charged to Charged to Balance at
Beginning of Costs and Other Accounts- Deductions- End of
Description Period Expenses Describe Describe Period
(Thousands)
Fiscal 2004
Allowance for doubtful accounts $ 84,042 $36,434 $ Ì $42,066(a) $ 78,410
Valuation allowance on foreign
loss carryforwards (Note 9) ÏÏÏ 148,382 25,708 Ì Ì 174,090
Fiscal 2003
Allowance for doubtful accounts 99,073 46,664 Ì 61,695(a) 84,042
Valuation allowance on foreign
loss carryforwards (Note 9) ÏÏÏ 120,671 27,711 Ì Ì 148,382
Fiscal 2002
Allowance for doubtful accounts 65,204 32,276 977(b) 13,278(a) 99,073
13,894(c)
Valuation allowance on foreign
loss carryforwards (Note 9) ÏÏÏ 49,783 70,888 Ì Ì 120,671
(a) Uncollectible accounts written oÅ.
(b) Recovery of amounts previously written oÅ or reserved.
(c) Reserves recorded primarily through Ñscal 2002 restructuring charges (see Note 17) and subsequently
classiÑed as reserves for doubtful accounts in Ñscal 2002.
66