1
Exhibit 99(ii)
NACCO Industries, Inc.
Unaudited Consolidating Balance Sheet
December 31, 2000
(In millions)
NACoal
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Project NACoal
Mining excl Proj
NMHG Housewares Subsidiaries Mines Consolidated
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Current Assets
Cash and cash equivalents $ 24.4 $ 7.6 $ 1.4 $ 0.3 $ 1.7
Accounts receivable, net 204.0 90.1 16.5 4.8 21.3
Intercompany accounts receivable - - 3.1 5.2 8.3
Intercompany notes receivable 3.0 - 11.5 (11.5) -
Inventories 283.0 93.1 28.7 7.0 35.7
Prepaid expenses and other 37.9 14.1 1.3 1.2 2.5
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552.3 204.9 62.5 7.0 69.5
Property, Plant and Equipment, net 286.2 64.6 266.0 91.9 357.9
Deferred Charges
Goodwill, net 356.1 86.8 - - -
Coal supply agreement, net - - - 86.4 86.4
Deferred costs and other 12.3 0.3 39.3 10.2 49.5
Deferred income taxes 2.7 9.7 - - -
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371.1 96.8 39.3 96.6 135.9
Other Assets 32.1 0.1 22.1 8.6 30.7
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Total Assets $ 1,241.7 $ 366.4 $ 389.9 $ 204.1 $ 594.0
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Current Liabilities
Accounts payable $ 215.2 $ 32.8 $ 9.9 $ 4.3 $ 14.2
Intercompany accounts payable (5.4) 5.5 0.6 (0.1) 0.5
Revolving credit agreements 33.1 30.7 - 2.5 2.5
Current maturities of long-term debt 30.3 - - 15.1 15.1
Current obligations of project mining
subsidiaries - - 37.7 - 37.7
Accrued payroll 30.3 12.0 4.3 1.8 6.1
Accrued warranty obligations 36.8 0.2 - - -
Intercompany notes payable - - - 8.4 8.4
Other current liabilities 104.6 27.2 5.3 4.5 9.8
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444.9 108.4 57.8 36.5 94.3
Long-term Debt 241.5 80.3 - 128.2 128.2
Obligations of Project Mining Subsidiaries - - 282.7 - 282.7
Self-insurance Reserves and Other 89.2 6.8 45.6 10.9 56.5
Minority Interest 3.1 - - 1.1 1.1
Stockholders' Equity 463.0 170.9 3.8 27.4 31.2
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Total Liabilities and Stockholders'
Equity $ 1,241.7 $ 366.4 $ 389.9 $ 204.1 $ 594.0
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NACCO & Consolidated
Other Elims NACCO
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Current Assets
Cash and cash equivalents $ - $ - $ 33.7
Accounts receivable, net - - 315.4
Intercompany accounts receivable 9.9 (18.2) -
Intercompany notes receivable 8.4 (11.4) -
Inventories - - 411.8
Prepaid expenses and other 0.6 (0.3) 54.8
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18.9 (29.9) 815.7
Property, Plant and Equipment, net 2.0 - 710.7
Deferred Charges
Goodwill, net - - 442.9
Coal supply agreement, net - - 86.4
Deferred costs and other - - 62.1
Deferred income taxes 20.5 (20.1) 12.8
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20.5 (20.1) 604.2
Other Assets 0.4 - 63.3
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Total Assets $ 41.8 $ (50.0) $ 2,193.9
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Current Liabilities
Accounts payable $ 4.3 $ (3.5) $ 263.0
Intercompany accounts payable 14.4 (15.0) -
Revolving credit agreements - - 66.3
Current maturities of long-term debt - - 45.4
Current obligations of project mining
subsidiaries - - 37.7
Accrued payroll 4.8 - 53.2
Accrued warranty obligations - - 37.0
Intercompany notes payable 3.0 (11.4) -
Other current liabilities 6.0 - 147.6
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32.5 (29.9) 650.2
Long-term Debt - - 450.0
Obligations of Project Mining Subsidiaries - - 282.7
Self-insurance Reserves and Other 68.0 (20.1) 200.4
Minority Interest - - 4.2
Stockholders' Equity (58.7) - 606.4
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Total Liabilities and Stockholders'
Equity $ 41.8 $ (50.0) $ 2,193.9
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