complete financial statement - Buhler Industries Inc.

VersatileOne of the most important products in the history of Versatile entered production in 2012. The newline of Versatile four-wheel drives featuring new styling, interim Tier IV technology and the largestcab in the industry began full production. The tractor represents more than four years of research,development and engineering and has been highly anticipated by dealers and farmers.On October 26, 2011, Versatile celebrated a huge milestone at the factory at 1260 Clarence Avenuein Winnipeg, Manitoba, Canada. The 100,000th tractor rolled off the line shortly after noon and aceremony and celebration was held to commemorate the event. The 100,000th tractor, a Versatile305 row crop, was decked out with special metallic paint, chromed steps, exhaust grille and tip,featured a special mural decal featuring all the Versatile tractors built at the factory dating back to1966. After being displayed at several shows, the tractor was delivered to a Kansas farm that hasowned several generations of Versatile tractors.Versatile introduced the first new combine in the North American market in nearly two decades. TheVersatile RT490 is a Class 9 combine featuring RCR360 technology. The rotating concave rotarysystem is a unique threshing system that includes better cleaning and higher threshing capacity. TheRT490 was a highlight at shows and marketing events and demonstrations were performed acrossNorth America in nearly every crop type.The new Versatile ML Series air drill featuring ALIVE technology entered production and won an AE50award from the ASABE. This award recognizes the unique technology of the drill which features incabseed furrow profile selection for various types of crops. This technology requires less hydraulicpressure because of the mechanical linkage and follows the Versatile philosophy of simplicity,durability and ease of service and maintenance.4