MAGNUSSONS CURRENT FINANCIAL CONDITIONHere are the current book and market value

MAGNUSSONS CURRENT FINANCIAL CONDITIONHere are the current book and market values of Magnussons assets and liabilities. The only assets ofinterest to buyers are its tangible (physical assets) which are listed below. The value of the contaminatedfacility and the land it was built on is zero and it is not included in the assets below. There is no cash oraccounts receivable because these were used by the bankruptcy court to pay off part of the claims ofMagnussons creditors (mostly taxes employee wages and pension arrears and some suppliers). Againstthese assets are the claims of suppliers and a bank loan used to finance a portion of the inventory.FGH hired a valuation consultant for Magnussons tangible assets and liabilities. Here are the consultantsconclusions.