80
PFSWEB
COMBINED STATEMENTS OF SHAREHOLDER'S EQUITY
(IN THOUSANDS)
ACCUMULATED
DAISYTEK'S OTHER TOTAL
NET EQUITY COMPREHENSIVE SHAREHOLDER'S COMPREHENSIVE
INVESTMENT INCOME (LOSS) EQUITY INCOME (LOSS)
---------- ------------- ------------- -------------
BALANCE, March 31, 1996............ $ (49) $ -- $ (49)
Net income....................... 24 -- 24 $ 24
Other comprehensive income --
foreign currency translation
adjustment.................... -- 17 17 17
----- ----- ----- -----
Comprehensive income............. $ 41
=====
BALANCE, March 31, 1997............ (25) 17 (8)
Net loss......................... (75) -- (75) $ (75)
Other comprehensive loss --
foreign currency translation
adjustment.................... -- (72) (72) (72)
----- ----- ----- -----
Comprehensive loss............... $(147)
=====
BALANCE, March 31, 1998............ (100) (55) (155)
Net income....................... 292 -- 292 $ 292
Contributed capital.............. 520 -- 520
Other comprehensive loss --
foreign currency translation
adjustment.................... -- (76) (76) (76)
----- ----- ----- -----
Comprehensive income............. $ 216
=====
BALANCE, March 31, 1999............ $ 712 $(131) $ 581
===== ===== =====
The accompanying notes are an integral part of these combined statements.
F-5