Eastboro Machine Tools Corporation: Exhibit 1

Exhibit 1
EXHIBIT 1
EASTBORO MACHINE TOOLS CORPORATION
Consolidated Income Statements ( in thousand dollars, except per share data)
For the Years Ended December 31,
1998
1999
858,263 $
540,747
317,516
815,979 $
501,458
314,522
Research & development

Selling, general, & administrative
Restructuring costs
Operating profit (loss)
77,678
229,971
65,448
(55,581)
70,545
223,634
0
20,343
75,417
231,008
89,411
(138,077)
Other income (expense)

Income (loss) before taxes
Income taxes (benefit)
(4,500)
(60,081)
1,241
1,065
21,408
8,415
(3,458)
(141,534)
(750)
($61,322)
$12,993
($140,784)
($3.25)
$0.77
$0.69
$0.25
($7.57)
$0.25
Net sales
Cost of sales
Gross profit
Net income (loss)
Earnings (loss) per share

Dividends per share
Page 1
2000
756,638
498,879
257,759
Exhibit 1
December 31,
Projected
2001
$
870,000
549,750
320,250
77,250
211,500
0
31,500
(4,200)
27,300
9,282
$18,018
$0.98
$0.39
Page 2
Exhibit 2
EXHIBIT 2
Consolidated Balance Sheets ( in thousand dollars)
December 31st
1999
Cash & equivalents
Accounts receivable
Inventories
Prepaid expenses
Other
Total Current Assets
2000
Projected
2001
13,917 $
208,541
230,342
14,259
22,184
489,242
22,230 $
187,235
203,888
13,016
20,714
447,082
25,665
217,510
217,221
15,011
21,000
496,407
327,603
167,414
160,190
9,429
15,723
358,841
183,486
175,355
2,099
17,688
410,988
205,530
205,458
1,515
17,969
$674,583
$642,223
$721,350
34,196
36,449
300
129,374
200,318
71,345
34,239
150
161,633
267,367
74,981
37,527
1,515
183,014
297,037
Deferred taxes
Long-term debt
Deferred pension costs
Other liabilities
Total Liabilities
16,986
9,000
44,790
2,318
273,411
13,769
8,775
64,329
5,444
359,683
16,526
30,021
70,134
7,505
421,224
Common stock, $1 par value

Capital in excess of par
Cumulative translation adjustment
Retained earnings
18,855
107,874
(6,566)
291,498
18,855
107,907
20,208
146,065
18,835
107,889
26,990
156,875
Property, plant, & equipment

Less depreciation
Net property, plant, & equipment
Intangible assets
Other assets
Total assets
Bank loans
Accounts payable
Current portion of long-term debt
Accruals and other
Total Current Liabilities
Page 3
Exhibit 2
Less treasury stock at cost:

1986--256,151, 1987--255,506
Total shareholders' equity
Total Liabilities & Equity
Page 4
(10,490)
401,172
(10,494)
282,541
(10,464)
300,126
$674,583
$642,223
$721,350
Exhibit 2
Page 5
Exhibit 2
Page 6
Exhibit 5
EXHIBIT 5
Per Share Financial & Stock Data*
Year
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
Sales /
Share
$14.52 $
16.00
22.25
25.64
27.19
30.06
31.66
37.71
40.69
48.23
43.59
42.87
41.48
46.01
43.88
40.68
EPS~
0.45
0.74
0.89
1.59
2.29
2.59
2.61
2.69
2.56
3.58
2.79
0.65
0.35
(3.29)
0.70
(7.57)
DPS~
$0.18
0.22
0.27
0.31
0.40
0.57
0.72
0.81
0.86
0.92
1.03
1.03
1.03
0.77
0.25
0.25
CPS~
$0.97
1.29
1.43
2.05
2.83
3.25
3.34
3.60
3.62
4.81
4.25
2.23
2.00
2.86
1.99
-0.97
High
-----Stock Price----Low
$20.37
21.11
21.23
18.50
22.48
23.84
26.70
29.43
39.74
40.98
38.74
47.19
40.23
30.75
71.88
39.88
$9.69
10.18
8.20
10.18
12.17
18.01
18.25
19.50
20.12
27.32
21.36
29.55
26.82
22.13
50.74
18.38
*Adjusted for 3-for-2 stock split in January 1991 and 50 percent stock dividend in June 1993.
~ EPS: Earnings Per Share;CPS: Cash earnings per Share; DPS: Dividend per Share
Page 7
Exhibit 5
Stock Price----Avg.
$14.48
14.85
13.50
13.35
18.36
21.00
22.73
24.23
29.48
33.98
31.82
36.81
31.26
26.45
61.33
29.15
Avg.
P/E
Payout
Ratio
32.4
20.2
15.1
8.4
8.0
8.1
8.7
9.0
11.5
9.5
11.4
57.0
89.9
NMF
88.2
NMF
40%
30%
30%
19%
17%
22%
27%
30%
34%
26%
37%
160%
297%
NMF
35%
NMF
Avg.
Yield
1.2%
1.5
2.0
2.3
2.2
2.7
3.1
3.4
2.9
2.7
3.2
2.8
3.3
2.9
0.4
0.9
Page 8
Shares
Outstanding
(Millions)
15.49
15.58
16.04
17.87
18.08
18.39
18.76
18.76
18.78
18.88
18.66
18.66
18.66
18.85
18.85
18.60
Exhibit 8
EXHIBIT 8
Projected Sources and Uses Statement ( in million dollars)
Assumptions:
1. Sales Growth Rate:
2. Net Income as % of Sales
3. Dividend Payout Ratio
2001
2002
2003
2004
2005
15%
2.1%
20.0%
15%
4.0%
20.0%
15%
5.0%
20.0%
15%
5.5%
20.0%
15%
6.0%
20.0%
2001
2002
2003
2004
2005
Projections
Sales
Sources:
Net income
Depreciation
870
1,001
1,151
1,323
1,522
18
23
41
40
26
66
58
30
88
73
35
107
91
41
132
44
20
63
50
22
73
58
26
83
66
30
96
68
34
102
Excess cash/(Borrowing needs)

Dividend
(23)
4
(7)
8
4
12
12
15
29
18
After dividend
Excess cash/(Borrowing needs)
(26)
(15)
(7)
(3)
11
Uses:
Capital expend.
Change in Working capital
*Ignoring the effects of borrowings on interest and amortization.

Div. per Share
0.19
0.43
0.62
0.78
0.98
E=NI-Div.
D
297
107
329
121.86
375
129.16
433
132.19
506
121.07
D/E
0.36
0.37
0.34
0.31
0.24
Page 9
Exhibit 8
2006
2007
15%
5.6%
20.0%
15%
8.0%
20.0%
2007
Total
2001-07
2,013
9,630
98
47
145
160
53
213
538
252
790
79
39
117
91
44
135
456
214
670
27
20
78
32
120
108
46
12
1.05
1.72
585
113.44
713
67.80
3,238
792
0.19
0.10
2006
$
1,750
CAGR
Page 10
44%

Eastboro Machine Tools Corporation: Exhibit 1

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Exhibit 1

Research & development

Other income (expense)

Net income (loss)

Earnings (loss) per share

Common stock, $1 par value

Property, plant, & equipment

Less treasury stock at cost:

Excess cash/(Borrowing needs)

*Ignoring the effects of borrowings on interest and amortization.

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