statement of consolidated stockholders equity years ended october 31 n tho common stock balance october 31 1971 net income common stock issued upon conversion of debentures common stock issued to employees as restricted stock bonuses cash dividends of 44 per share note 7 balance october 31 1972 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 cash dividends of 455 per share note 7 balance october 31 1973 14,321,748 28,644 48,086 96 6,410 13 14,376,244 28,753 statement of changes in consolidated financial position 28,804 13,105 37,289 215,895 nart of this statemi years ended october 31 working capital was provided from operations — net income expenses income not affecting working capital — depreciation depletion and amortization .... provision for deferred income taxes minority interest in earnings of subsidiaries provision for major maintenance equity in undistributed earnings of affiliates joint ventures and partnerships working capital provided from operations . . long-term borrowings . . transfer of investment in real estate to partnership . . sale of noncurrent assets reduction of loans for construction of railroad and power facilities common stock issued upon conversion of debentures total working capital provided working capital was used for additional investment in — equipment and facilities other assets affiliates joint ventures and partnerships land and real estate . transfer of assessment fiens to partnership reduction of long-term liabilities cash dividends paid to stockholders conversion of debentures to common stock other total working capital used net increase decrease in working capital working capital increase decrease by component cash receivables inventories and prepaid expenses bank loans and current portion of long-term liabilities accounts payable ... . other current liabilities the accompanying accounting polic l integral part of this statement