The value of total assets, especially for the original cost and net book value of property, plant, and equipment (“PPE”) decreased substantially from 2004 to 2005, due primarily to ***. The return on investment decreased from 2003 to 2004, then increased somewhat from 2004 to 2005 to become slightly positive (a small operating income margin). The trend of ROI over the period was the same as the trend of the operating income margin shown in table VI-1.
A. Productive facilities1
B. Productive facilities
C. Other non-current
Source: Compiled from data submitted in response to Commission questionnaires.
Table VI-7 Coated free sheet paper: Value of assets and return on investment of U.S. producers, fiscal years 2003-05
Value of assets
5,623,250 Value ($1,000)
Ratio of operating income to total assets (percent)
Return on investment
Cash and equivalents
Trade receivables (net)
All other current Total current
Original cost of property, plant, and equipment (PPE).
Net book value of PPE (original cost less accumulated depreciation).
CAPITAL AND INVESTMENT
The Commission requested U.S. producers to describe any actual negative effects on their return on investment, or their growth, investment, ability to raise capital, existing development and production efforts, or the scale of capital investments as a result of imports of CFS paper from China, Indonesia, and Korea. The producers’ comments are presented in appendix I.