SCHEDULE VIII(a)
    
 
   
                                   JSCE, INC.
                       VALUATION AND QUALIFYING ACCOUNTS
                                (IN MILLIONS)
    
 
   


                                                    COLUMN B
                                                  ------------           COLUMN C
                                                   BALANCE AT     ----------------------                    COLUMN E
                                                  BEGINNING OF                  CHARGED      COLUMN D      ----------
                   COLUMN A                        PERIOD, AS     CHARGED TO    TO OTHER    -----------    BALANCE AT
- -----------------------------------------------    PREVIOUSLY     COSTS AND     ACCOUNTS    DEDUCTIONS       END OF
                  DESCRIPTION                       REPORTED       EXPENSES     DESCRIBE    DESCRIBE(A)      PERIOD
- -----------------------------------------------   ------------    ----------    --------    -----------    ----------
 
                                                                                            
Year ended December 31, 1994
     Allowance for doubtful accounts...........       $9.2           $1.1         $            $ 1.7          $8.6
                                                     -----          -----       --------       -----         -----
                                                     -----          -----       --------       -----         -----
 
Year ended December 31, 1993
     Allowance for doubtful accounts...........       $7.8           $4.0         $            $ 2.6          $9.2
                                                     -----          -----       --------       -----         -----
                                                     -----          -----       --------       -----         -----
 
Year ended December 31, 1992
     Allowance for doubtful accounts...........       $8.2           $3.5         $            $ 3.9          $7.8
                                                     -----          -----       --------       -----         -----
                                                     -----          -----       --------       -----         -----

    
 
   
(A) Uncollectible accounts written off, net of recoveries.
    
 

   
                                                                SCHEDULE VIII(b)
    
 
   
                      JEFFERSON SMURFIT CORPORATION(U.S.)
                       VALUATION AND QUALIFYING ACCOUNTS
                               (IN MILLIONS)
    
 
   


                                                    COLUMN B
                                                  ------------           COLUMN C
                                                   BALANCE AT     ----------------------                    COLUMN E
                                                  BEGINNING OF                  CHARGED      COLUMN D      ----------
                   COLUMN A                        PERIOD, AS     CHARGED TO    TO OTHER    -----------    BALANCE AT
- -----------------------------------------------    PREVIOUSLY     COSTS AND     ACCOUNTS    DEDUCTIONS       END OF
                  DESCRIPTION                       REPORTED       EXPENSES     DESCRIBE    DESCRIBE(A)      PERIOD
- -----------------------------------------------   ------------    ----------    --------    -----------    ----------
 
                                                                                            
Year ended December 31, 1994
     Allowance for doubtful accounts...........       $9.2           $1.1         $            $ 1.7          $8.6
                                                     -----          -----       --------       -----         -----
                                                     -----          -----       --------       -----         -----
 
Year ended December 31, 1993
     Allowance for doubtful accounts...........       $7.8           $4.0         $            $ 2.6          $9.2
                                                     -----          -----       --------       -----         -----
                                                     -----          -----       --------       -----         -----
 
Year ended December 31, 1992
     Allowance for doubtful accounts...........       $8.2           $3.5         $            $ 3.9          $7.8
                                                     -----          -----       --------       -----         -----
                                                     -----          -----       --------       -----         -----

    
 
   
(A) Uncollectible accounts written off, net of recoveries.