Cobra 2000 Annual Report Download - page 14

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12 Cobra Electronics Corporation
Cobra Electronics Consolidated Financial Statements
Consolidated Balance Sheets
Cobra Electronics Corporation
In thousands December 31 2000 1999
ASSETS:
Current assets:
Cash $54 $93
Receivables, less allowances for claims and doubtful accounts
of , in  and , in  36,116 25,565
Inventories, primarily finished goods 18,873 8,689
Deferred income taxes 4,031 4,997
Other current assets 3,200 4,192
Total current assets 62,274 43,536
Property, plant and equipment, at cost:
Land 330 330
Buildings and improvements 3,567 3,619
Tooling and equipment 15,668 13,915
19,565 17,864
Accumulated depreciation (13,308) (13,042)
Net property, plant and equipment 6,257 4,822
Other assets:
Deferred income taxes 1,688 4,581
Cash surrender value of officers’ life insurance policies 5,670 5,499
Other 2,016 1,141
Total other assets 9,374 11,221
Total assets $ 77,905 $ 59,579