BARNES GROUP INC. CONSOLIDATED BALANCE SHEETS December 31, Assets Current assets Cash and cash equivalents Accounts receivable, less allowances  (2002 —  $^{$}$2,891; 2001 —  $^{$}$3,114) Inventories Deferred income taxes Prepaid expenses Total current assets Deferred income taxes Property, plant and equipment Goodwill Other assets Total assets Liabilities and Stockholders’ Equity Current liabilities Notes payable Accounts payable Accrued liabilities Long-term debt — current  Total current liabilities Long-term debt Accrued retirement benefits Other liabilities Commitments and contingencies (Notes 9 and 18) Stockholders’ equity Common stock — par value  $ 0.01 per share Authorized: 60,000,000 shares Issued: 22,037,769 shares at par value Additional paid-in capital Treasury stock at cost (2002 — 3,081,718 shares;  2001 — 3,576,322 shares)  Retained earnings Accumulated other non-owner changes to equity Total stockholders’ equity Total liabilities and stockholders’ equity 2002 $ 28,355 97,533 88,809 16,024 7,916 238,637 22,610 159,440 164,594 67,249 $^{$}$652,530 $ — 63,389 61,853 6,837 132,079 214,125 87,162 10,944 220 53,511 (61,847) 255,147 (38,811) 208,220 $^{$}$652,530 2001 $ 48,868 94,124 85,721 16,702 11,120 256,535 5,783 152,943 159,836 61,408 $^{$}$636,505 $ 5,500 71,410 59,118 47,576 183,604 178,365 63,610 12,089 220 54,874 (76,903) 243,369 (22,723) 198,837 $^{$}$636,505 (Dollars in thousands) See accompanying notes. PAGE 18 Back to Table of Contents