Table T-5.4
The Timken Company
Normalized Balance Sheets
.	1999	1998
Assets	.	.
Cash	0	0
Receivables	14	14
Inventory	18	19
Other current assets	2	2
Total Current Assets	34	35
Fixed Assets	57	55
Intangibles	6	6
Other	3	4
Total Assets	100	100
Liabilities	.	.
Notes payable	5	5
Current portion of LTD	0	1
Trade Payable	10	9
Tax Payable	0	1
Other Current Liabilites	8	4
Total Current Liabilities	23	20
Long Term Debt (LTD)	13	13
Deferred Taxes	0	0
Other	21	24
Equity	43	43
Total	100	100
Source: The Timken Company 1999 Annual Report