National Oilwell Varco 2003 Annual Report Download - page 54
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53
Schedule II
Balance
beginning
of year
Additi
ons
(Deductions)
charged to
costs and
expenses
Charge
offs and
other
Balance
end of
year
Allowance for doubtful accounts:
2003 12,576$ 5,709$ 32$ 18,317$
2002 9,094$ 3,606$ (124)$ 12,576$
2001 5,885 3,897 (688) 9,094
Valuation allowance for deferred tax assets:
2003 29,912$ 6,940$ -$ 36,852$
2002 29,512$ 400$ -$ 29,912$
2001 28,289 1,223 - 29,512
National-Oilwell, Inc.
Valuation and Qualifying Accounts
Years ended December 31, 2003, 2002 and 2001
(in thousands)