Badger Meter (BMI) Balance Sheet

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Cash	10.67M
Receivables	57.97M
Finished goods	20.73M
Work in process	18.05M
Raw materials	43.66M
Total inventories	82.44M
Prepaid expenses and other current assets	5.67M
Deferred income taxes
Total current assets	156.75M
Property, plant and equipment, at cost	198.88M
Less accumulated depreciation	-108.72M
Net property, plant and equipment	90.16M
Intangible assets, at cost less accumulated amortization	52.81M
Other assets	7.99M
Deferred income taxes
Goodwill	47.98M
Total assets	357.13M
Short-term debt	49.73M
Payables	19.3M
Accrued compensation and employee benefits	12.8M
Warranty and after-sale costs	3.22M
Income and other taxes	2.61M
Total current liabilities	87.66M
Other long-term liabilities	3.83M
Accrued non-pension postretirement benefits	5.94M
Other accrued employee benefits	6.32M
Commitments and contingencies (Note 6)	0
Common stock	37.12M
Capital in excess of par value	27.38M
Reinvested earnings	221.1M
Accumulated other comprehensive loss	-11.8M
Less: Employee benefit stock	-728K
Treasury stock, at cost	-20.57M
Total shareholders' equity	252.51M
Total liabilities and shareholders' equity	357.13M

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