EXHIBIT 99(ii)
NACCO Industries, Inc.
Unaudited Consolidating Balance Sheet
December 31, 2001
(In millions)
<Table>
<Caption>
NACoal
-------------------------------------
Project NACoal
Mining excl Proj
NMHG Housewares Subsidiaries Mines Consolidated
---------- ---------- ------------ ---------- ------------
Current Assets
Cash and cash equivalents $ 59.6 $ 8.0 $ 2.6 $ 1.7 $ 4.3
Accounts receivable, net 165.7 74.9 15.9 7.9 23.8
Intercompany accounts receivable 23.0 2.8 4.9 3.6 8.5
Intercompany notes receivable -- -- 10.6 (10.6) --
Inventories 234.5 84.8 31.0 10.3 41.3
Deferred income taxes 32.9 6.3 0.9 0.1 1.0
Prepaid expenses and other 12.2 7.3 0.8 0.6 1.4
---------- ---------- ---------- ---------- ----------
527.9 184.1 66.7 13.6 80.3
Property, Plant and Equipment, net 280.5 55.1 257.9 136.0 393.9
Deferred Charges
Goodwill, net 344.2 83.7 -- -- --
Coal supply agreements, net -- -- -- 85.2 85.2
Deferred costs and other 1.9 3.1 35.9 9.7 45.6
Deferred income taxes 15.7 15.2 -- -- --
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361.8 102.0 35.9 94.9 130.8
Other Assets 34.9 6.3 22.6 5.8 28.4
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Total Assets $ 1,205.1 $ 347.5 $ 383.1 $ 250.3 $ 633.4
========== ========== ========== ========== ==========
Current Liabilities
Accounts payable $ 176.6 $ 39.0 $ 14.6 $ 4.7 $ 19.3
Intercompany accounts payable 0.1 1.5 0.6 1.1 1.7
Revolving credit agreements 36.2 23.5 -- -- --
Revolving credit agreement expected to be refinanced 265.0 -- -- -- --
Current maturities of long-term debt 25.5 -- -- 16.4 16.4
Current obligations of project mining subsidiaries -- -- 37.9 -- 37.9
Accrued payroll 20.0 9.2 4.2 2.1 6.3
Accrued warranty obligations 34.3 0.2 -- -- --
Intercompany notes payable 8.0 3.0 -- 12.3 12.3
Other current liabilities 112.2 33.0 5.1 7.0 12.1
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677.9 109.4 62.4 43.6 106.0
Long-term Debt 27.7 80.3 -- 140.1 140.1
Obligations of Project Mining Subsidiaries -- -- 271.3 -- 271.3
Self-insurance Reserves and Other 115.2 12.2 44.5 21.5 66.0
Minority Interest 2.3 -- -- 1.1 1.1
Stockholders' Equity 382.0 145.6 4.9 44.0 48.9
---------- ---------- ---------- ---------- ----------
Total Liabilities and Stockholders' Equity $ 1,205.1 $ 347.5 $ 383.1 $ 250.3 $ 633.4
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<Caption>
NACCO & NACCO NACCO
Other Elims Consolidated
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Current Assets
Cash and cash equivalents $ -- $ -- $ 71.9
Accounts receivable, net 0.1 -- 264.5
Intercompany accounts receivable 3.8 (38.1) --
Intercompany notes receivable 69.3 (69.3) --
Inventories -- -- 360.6
Deferred income taxes -- -- 40.2
Prepaid expenses and other 12.0 (0.1) 32.8
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85.2 (107.5) 770.0
Property, Plant and Equipment, net 2.5 -- 732.0
Deferred Charges
Goodwill, net -- -- 427.9
Coal supply agreements, net -- -- 85.2
Deferred costs and other -- 0.1 50.7
Deferred income taxes 18.4 (23.2) 26.1
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18.4 (23.1) 589.9
Other Assets 590.1 (589.7) 70.0
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Total Assets $ 696.2 $ (720.3) $ 2,161.9
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Current Liabilities
Accounts payable $ 0.6 $ (0.2) $ 235.3
Intercompany accounts payable 34.5 (37.8) --
Revolving credit agreements -- -- 59.7
Revolving credit agreement expected to be refinanced -- -- 265.0
Current maturities of long-term debt -- -- 41.9
Current obligations of project mining subsidiaries -- -- 37.9
Accrued payroll 3.0 -- 38.5
Accrued warranty obligations -- -- 34.5
Intercompany notes payable 46.0 (69.3) --
Other current liabilities 4.3 (0.1) 161.5
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88.4 (107.4) 874.3
Long-term Debt -- -- 248.1
Obligations of Project Mining Subsidiaries -- -- 271.3
Self-insurance Reserves and Other 65.2 (23.1) 235.5
Minority Interest -- -- 3.4
Stockholders' Equity 542.6 (589.8) 529.3
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Total Liabilities and Stockholders' Equity $ 696.2 $ (720.3) $ 2,161.9
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