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PREQUALIFICATION WORKSHEET <br />PRINTED: <br />4222019 <br />PQA APPIitOVE13, <br />4/92019 <br />ACCT : # 35-1120685 ALT ACCT: # 0449 NEW? SUPP? <br />APPROVED <br />NAME: WALSH & KELLY INC <br />DATTE:E: <br />42220I9 <br />December 31, 2018 <br />CURRENT FIXED <br />EQUIPMENT <br />ASSETS REPORTED <br />$42,594,782'...... <br />00 $9,745,338.00 <br />........ .. <br />$28,570,400.00 <br />VALID: <br />5/1/2019 <br />LIABILITIES REPORTED <br />($16,642,474.00) ($16,987,249.00) <br />EXPIRES: <br />4/302C20 <br />NET ASSETS REPORTED <br />$25,952,308.00 ($7 241,9 11.00) <br />$28,570,400.00 <br />DENIAL DATE: <br />DENIAL REASON: <br />09 OMIT NO DETAIL OR QUANTITY <br />($3,570,326.00) $0.00 <br />$0.00 <br />11 OMIT NO DETAIL <br />($167,486.00) $0.00 <br />$0.00 <br />15 CASH SURRENDER VALUE <br />$1,253.591.00 ($1,253,591.00) <br />$0.00 <br />16 OMIT INTANGIBLES <br />$0.00 ($1,152,280.00) <br />$0.00 <br />22 DUE AFTER 24 MONTHS <br />$0.00 $13,690,291.00 <br />$0.00 <br />NET FIXED ASSETS <br />$0 <br />NET FIXED ASSETS EQUIPMENT <br />$000 <br />N I <br />.. <br />RATING <br />CURRENT <br />6.00 <br />$234XED <br />NET ACCEPTABLE ASSETS <br />$23,468,087 $4,042,504 <br />$26,570,400 <br />,8587000 <br />RATING FACTORS <br />,....*.;:. ...:r.d. ......ar. ::::......;. <br />x 10 X 2 <br />... .... .:.... .... ... � :.:- <br />X 8 <br />•.7:......:;.......,.: <br />EQUIPMENT <br />$228,563,200.00 <br />RATING COMPONENTS <br />$234,680,870 $8,085,018 <br />$228,563,200.............. <br />— , ..... — <br />—MAXIMUM <br />BALANCE <br />329,0 <br />X 1.5 <br />$228,563,200 <br />. _,._.u....... . <br />MAXIMUM EQUIPMENT <br />$352,021,305 <br />$0 <br />STATEMENT TYPE: <br />AUDITED <br />9.00 <br />EXPER. REDUCTION <br />0°/a <br />$228,563,200 <br />S0 <br />AGGREGATE <br />UNLIMITED <br />80,870 <br />+ <br />S4,042,509A... <br />_ <br />A(B) <br />$25,000,000 <br />$463,244,070 <br />$4,042,509 <br />B(A) <br />UNLIMITED <br />C(B) <br />UNLIMITED...__...,.,. <br />MAJUMUM FD{ED <br />$l 5 811018 ADJ. FMD <br />$9,095018 <br />E(E) <br />$25,000,000 <br />BALANCE SHEET ANALYSIS <br />.... Y Y W <br />E <br />$50,000,000 <br />CURRENT ASSETS: <br />$42,594,782 CURRENT RATIO: <br />2.559 <br />E(G) <br />$25,000,000 <br />IIVVENTORY: <br />$3.95.7Q...... ,, ... <br />,326 QUICK RATIO: <br />2,345 <br />EC <br />$25,000,000 <br />CURRENTLIABIITIIES <br />WORKING CAPITAL <br />$16,642,474 <br />_. <br />$ 25,952,308 <br />E( <br />$25,000,000 <br />._, <br />LONG TERM LIABILITIES: <br />$16,987,249Vµ DE . ,......, ,. ..... ......... <br />BTINET WORTH: <br />0.711 <br />E ) <br />$50,000,000 <br />NET WORTH: <br />$47,290,797 <br />TOTAL LIABILITIES: <br />$33,629,723 <br />NOTES: <br />