Page 16 - RosboroAR2017

USEFUL LIVES
-
3-20 yrs
5-40 yrs
5-20 yrs
3-10 yrs
3-10 yrs
-
DEC. 31, 2017
$6,290
161
16,486
58,098
993
448
6,864
$75,674
62
DEC. 31, 2016
$6,290
16,339
51,450
$74,683
16
279
825
516
-
82,538
75,199
DEC. 31, 2017
DEC. 31, 2016
$6,127
$3,379
3,576
2,305
7,406
8,359
6
15
2,249
1,999
$19,364
$16,057
DEC. 31, 2017
DEC. 31, 2016
$11,701
$8,612
2,470
1,821
14,171
10,433
10,330
9,109
$3,841
$1,324
DEC. 31, 2017
DEC. 31, 2016
$6,140
$2,185
2,991
734
375
480
$9,506
$3,399
SUBSEQUENT EVENTS - Subsequent events are events or transactions
that occur after the balance sheet date but before nancial statements are available to be issued. The Company recognizes in the consolidated nancial statements the e ects of all subsequent events that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing
the consolidated nancial statements. The Company’s consolidated nancial statements do not recognize subsequent events that provide evidence about conditions that did not exist at the date of the balance sheet but arose after the balance sheet date and before the consolidated nancial statements are available to be issued.
The Company has evaluated subsequent events through March 5, 2018 which is the date the consolidated nancial statements were available to be issued.
NOTE 4 (IN THOUSANDS)
Land - plantsite
Land improvements
Buildings
Manufacturing equipment
O ce equipment
Transportation and rolling stock
Construction in progress
Less accumulated depreciation and amortization
Depreciation expense totaled $6,357,000 for the year ended December 31, 2017.
Trade accounts payable
Payroll related accrued expenses
Accrued interest
PROPERTY, PLANT & EQUIPMENT
NOTE 2
Logs
Lumber
Glulam products Plywood and veneer Supplies
INVENTORIES
(IN THOUSANDS)
NOTE 3
Timber under contract
NOTE 5
TIMBER ASSETS
Timber deposits and logging roads
Less current portion
15
(IN THOUSANDS)
ACCOUNTS
PAYABLE &
ACCRUED EXPENSES
(IN THOUSANDS)