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Shamir Optical Industry Ltd. Reports Third Quarter 2007 Results
Date:11/27/2007

vables - 1,485

Investments in affiliates 3,513 4,365

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TOTAL LONG-TERM INVESTMENTS 7,592 8,910

PROPERTY, PLANT AND EQUIPMENT, NET 28,368 37,883

OTHER ASSETS 5,362 6,610

GOODWILL 7,178 7,426

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TOTAL ASSETS $146,996 $160,000

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CURRENT LIABILITIES:

Short-term bank credit and loans $ 13,654 $ 15,293

Current maturities of long-term loans 4,428 6,116

Trade payables 8,930 13,588

Accrued expenses and other liabilities 11,544 11,433

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TOTAL CURRENT LIABILITIES 38,556 46,430

LONG-TERM LIABILITIES:

Long-term loans 17,995 18,776

Capital leases 4,304 4,554

Accrued severance pay 2,828 3,312

Other long-term liabilities - 756

Deferred income taxes 1,287 1,540

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TOTAL LONG-TERM LIABILITIES 26,414 28,938

MINORITY INTERESTS 2,223 1,319


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SOURCE Shamir Optical Industry Ltd.
Copyright©2007 PR Newswire.
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