April 30, (Dollars in thousands) 2003 2002 Current Liabilities Accounts payable $ 68,704 $ 32,390 Salaries, wages, and additional compensation 31,788 24,579 Accrued marketing and merchandising 29,252 11,563 Income taxes 18,783 2,078 Dividends payable 11,447 3,979 Other current liabilities 7,300 5,842 Total Current Liabilities 167,274 80,431 Noncurrent Liabilities Long-term debt 135,000 135,000 Postretirement benefits other than pensions 17,614 14,913 Deferred income taxes 134,018 4,105 Other noncurrent liabilities 37,330 10,299 Total Noncurrent Liabilities 323,962 164,317 Shareholders’ Equity Serial preferred shares – no par value: Authorized – 3,000,000 shares; outstanding – none — — Common shares – no par value: Authorized – 150,000,000 shares; outstanding – 49,767,540 in 2003  and 23,504,129 in 2002 (net of 6,900,393 and 7,140,338 treasury shares,  respectively), at stated value 12,442 6,217 Additional capital 815,767 33,184 Retained income 323,064 267,793 Less: Deferred compensation (2,825) (2,725) Amount due from ESOP Trust (8,093) (8,562) Accumulated other comprehensive loss (16,184) (15,763) Total Shareholders’ Equity 1,124,171 280,144 $1,615,407 $524,892 21 See notes to consolidated financial statements. Liabilities and Shareholders’ Equity