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              [html]<thead><tr><td></td><td>Liquidity and Capital Resources</td><td>sales for 2003 and Net sales for office S % in 2002. The</td><td>During 2003, cash flow from operations along with funds from stock option exerciplans, provided the funds necessary to m</td><td>m the Company ’ s nas experienced an</td><td>invest in capital improvements, repay long - mon stock, and pay increased dividends.</td><td>The Business and ( BIFMA ) reported</td><td>Cash, cash equivalents, and sho $ 204.2 million at the end of 2003 compa</td><td>ts down 19 %. The 3 n reported office</td><td>Sensor non - relationships and approximately $ 80 million of cash to acquestion</td><td>Someone to 14.4 % hieved by providant and greater value</td><td>renal, anese remaining runds, eolipied wittions and additional long - term debt, if radequate to finance operations, planned i</td><td>Prevalence of the compared to the compared to the compared to the compared to the compared to the componency the compared to the compared to the compared to the compared to the compared to the compared to the comparison</td><td>Company is not aware of any commitments, events, or uncertainties thresult in its liquidity increasing or decreasi</td><td>Position of formation of formation</td><td>The Company places special em and reduction of its working capital with</td><td>charges, which</td><td>Proportion of controls. The successfulness</td><td>ch impacted operations</td><td>Tomers and maintaining close communication</td><td>Prevalence of restructure</td><td>Statistics</td><td>Comparison of controls, and building and</td><td>37 for 38 days over the past three years. The were 23.23, and 18 for 2003.2002, and 2</td><td>Table</td><td>Sinventory turns in the future but the Comp ways to add efficiency to its supply chain. Ti</td><td>to strong housing truction and retail</td><td>Patients without and accrued expenses is due to timiz program payments and the payment of adj. 1.</td><td>Consolidations, and dealers, as</td><td>Company also funded the retiree medical</td><td>Prease in 2002 was</td><td>benefit obligation in 2003.</td><td>95 % was 12.1 % compared to 100 mg / mL of 200 mL / mL of 200 mL / mL of 200 mL / mL of 200 mL / mL of 200 mL / mL of 200 mL / mL of 200 mL / mL of 200 mL / mL of 200 mL / mL of 200 mL / mL of 200 mL / mL / mL of 200 mL / mL of 200 mL / mL of 200 mL / mL ( mL )</td><td>International</td><td>Specificity (%)</td><td>Statistics</td><td>n</td><td>at the time of purchase and reevaluates susance sheet date. Equity securities are classif</td><td>Research discontinuance of</td><td>Stated at current market value with uncluded as a separate component of equipment</td><td>Comparison of approximately</td><td>Securities and securities are classified as held at amortized cost. A table of holdings as of</td><td></td><td></td>
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