statement of consolidated stockholders equity utah internatii years ended october 31 amounts in thousands preferred common paid-in retained treasury stock stock capital earnings stock note 11 note 12 statement of changes in consolidated financial position balance october 31 1972 as previously reported adjustment to give effect to acquisitions under the pooling of interests concept note 1 — ladd petroleum corporation clarcan petroleum corporation lvo corporation balance october 31 , 1972 as restated net income common stock issued to stockholders in a two-for-one stock split effected in the form of a stock dividend common stock issued upon conversion of debentures common stock issued to employees as restricted stock bonuses common stock issued upon exercise of stock options .... common stock issued in connection with public offering net of related costs acquisition of treasury shares retirement of treasury shares cash dividends on common stock of 455 per share cash dividends on 30y cumulative convertible preferred stock other net balance october 31 , 1 973 net income common stock issued upon conversion of debentures .... common stock issued upon conversion of preferred stock common stock issued to employees as restricted stock bonuses common stock issued upon exercise of stock options and warrants acquisition of treasury shares retirement of treasury shares cash dividends on common stock of 71 per share cash dividends on 300 cumulative convertible preferred stock distribution of shares of united cable television corporation 28,753 $ 64,829 176,950 400 65 465 2,025 2,025 62,604 $ 80,512 13,105 234,628 153 96,941 - 364 172 3,014 1,853 balance october 31 1974 years ended october 31 amounts in thousands , the accompanying a 28 working capital was provided from operations — net income expenses income not affecting working capital — depreciation depletion and amortization provision for deferred income taxes provision for losses on long-term receivables and other minority interest in earnings of subsidiaries provision for major maintenance net of actual costs . . equity in undistributed earnings of affiliates joint ventures and partnerships working capita provided from operations long-term borrowings sale of noncurrent assets net effect of disposition of assets and liabilities relating to discontinued operations reduction of loans for construction of railroad and power facilities common stock issued upon conversion of debentures common stock issued upon conversion of preferred stock . effect on working capital due to foreign currency exchange adjustments other total working capital provided working capital was used for additional investment in — property plant and equipment other assets affiliates joint ventures and partnerships land and real estate reduction of long-term liabilities cash dividends paid to common and preferred stockholders dividends of united cable television corporation to former stockholders of lvo corporation conversion of debentures to common stock conversion of preferred stock to common stock reduction of deferred income taxes other total working capital used net increase decrease in working capital working capital increase decrease by component cash marketable securities receivables inventories and prepaid expenses notes payable and current portion of long-term liabilities . . accounts payable accrued liabilities accrued income taxes the accompanying accounting polic rred by cc and notes . s acquired and accounted for a ntegtal part ol this statement