Print Page  Close Window

SEC Filings

S-4/A
KEY ENERGY SERVICES INC filed this Form S-4/A on 03/08/1996
Entire Document
 
<PAGE>



                         WELLTECH, INC. AND SUBSIDIARIES
                      UNAUDITED CONSOLIDATED BALANCE SHEET
                               SEPTEMBER 30, 1995

                                 (In Thousands)


                      LIABILITIES AND STOCKHOLDERS' EQUITY


CURRENT LIABILITIES:
   Current maturities of long-term debt                              $6,769
   Accounts payable                                                   5,931
   Accrued payroll and related taxes                                  1,429
   Accrued casualty insurance                                         2,009
   Other accrued and current liabilities                              2,311
                                                                   --------
         Total Current Liabilities                                   18,449
                                                                   --------
NON-CURRENT LIABILITIES
   Long-term debt, net of current maturities                          9,983
   Accrued casualty insurance                                         2,219
                                                                   --------
         Total Non-Current Liabilities                               12,202
COMMITMENTS AND CONTINGENCIES (Note 5)
MINORITY INTEREST                                                     1,465
                                                                   --------
STOCKHOLDERS' EQUITY:
   Common stock, $1.00 par; 500,000 shares
   authorized; 352,941 issued and outstanding                           353
   Capital in excess of par value                                    92,456
   Accumulated deficit                                              (55,927)
                                                                   ---------
         Total Stockholders' Equity                                  36,882
                                                                   ---------
         Total Liabilities and Stockholders' Equity                 $68,998
                                                                   =========
     See accompanying notes to unaudited consolidated financial statements.

                                      F-56