BEL FUSE INC. AND SUBSIDIARIES SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS Column A Column B Column C Column D Column E Column F -------- -------- -------- -------- -------- -------- Additions ------------------------------------------------------------------------------------ Charged Charged Balance at to profit to other Balance beginning and loss accounts Deductions at close Description of period or income (describe) describe) of period - ---------------------------- ---------- ----------- ---------- ----------- ----------- Year ended December 31, 2001 Allowance for doubtful accounts ............... $ 945,000 $ -- $ -- $ -- $ 945,000 ========== =========== ====== =========== =========== Allowance for excess and obsolete inventory ..... $2,847,000 $14,586,000 $ --(a) $10,692,000 $ 6,269,000 ========== =========== ====== =========== =========== Year ended December 31, 2000 Allowance for doubtful accounts ............... $ 661,000 $ 1,454,000 $ --(a) $ 1,170,000 $ 945,000 ========== =========== ====== =========== =========== Allowance for excess and obsolete inventory ..... $1,542,000 $ 1,644,000 $ --(a) $ 339,000 $ 2,847,000 ========== =========== ====== =========== =========== Year ended December 31, 1999 Allowances for doubtful accounts ............... $ 317,000 $ 344,000 $ -- $ -- $ 661,000 ========== =========== ====== =========== =========== Allowance for excess and obsolete inventory ..... $ 764,000 $ 1,468,000 $ --(a) $ (690,000) $ 1,542,000 ========== =========== ====== =========== =========== (a) Write offs. S-1