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## sCHEdulE II – vAluATION ANd quAlIFYINg ACCOuNTs 

## ThETIMKEN cOMPaNy aND subsIDIaRIEs 

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(1)  Provision for uncollectible accounts included in expenses. 

(2)  Provisions for surplus and obsolete inventory included in expenses. 

(3)  Increase in valuation allowance is recorded as a component of the provision for income taxes. 

(4)  Currency translation and change in reserves due to acquisitions, net of divestitures. 

(5)  Includes valuation allowances recorded against other comprehensive income/loss or goodwill. 

(6)  Actual accounts written off against the allowance – net of recoveries. 

(7)  Inventory items written off against the allowance. 

(8)  Amount primarily relates to the reversal of valuation allowances due to the realization of net operating loss carryforwards. 

