content_image/30430.jpg content_image/30431.jpg content_image/30432.jpg
## Note 2 – Inventories 

Inventories, stated at the lower of cost or market value, at December 31 were: 

<img src='content_image/30430.jpg'>

## Note 4 – Bank Credit Agreements and Long-Term Debt 

Line of credit – The Company maintains credit facilities with several financial institutions through its affiliated entities in the United States and Asia. 

## Note 3 – Property, Plant and Equipment 

Property, plant and equipment at December 31 were: 

<img src='content_image/30431.jpg'>

The Company implemented an Enterprise Resource Planning software system for which approximately $2,511,000 and $0 is capitalized within construction in-progress in 2003 and 2004, respectively. 

The credit unused and available under the various facilities as of December 31, 2004, totals $32.3 million, as follows: 

<img src='content_image/30432.jpg'>

