

                                 EXHIBIT 99(c)

Comasec Holdings, Inc. and subsidiary

Consolidated Condensed Balance Sheet

<TABLE>
<CAPTION>
                                                      (Unaudited)
Assets                                               March 31, 1997
<S>                                                        <C> 

Current Assets:
  Cash and cash equivalents                           $     351,935
  Accounts receivable, net of allowance
  for doubtful accounts of $20,000                        3,143,700
  Inventories                                             4,589,015
  Amounts due from affiliates                             2,859,903
  Deferred income taxes                                     665,660
  Prepaid expenses and other receivables                    651,206
                                                      -------------
          Total current assets                           12,261,419

Property, plant and equipment, net                        2,684,109
Intangible asset, net                                        37,360
                                                      -------------
                                                      $  14,982,888
                                                      =============

Liabilities and Shareholder's Equity

Current Liabilities:
  Accounts payable and
  accrued expenses                                    $   3,122,357
  Income taxes payable                                      938,466
                                                      -------------
           Total Current Liabilities                  $   4,060,823                   

Noncurrent liabilities: 
  Deferred income taxes                               $      67,078
                                                      -------------
                                                      $   4,127,901
                                                      -------------

Commitments and Contingencies                   

Shareholder's equity:
  Common Stock, Class A, no par value; 20,000
   shares authorized, 10,000 shares issued
   and outstanding                                        1,009,018
  Common Stock, Class B, no par value; 5,000
  shares authorized, 1,250 shares issued and
   outstanding                                               60,750
  Additional paid-in capital                              6,540,199
  Retained earnings                                       3,245,020
                                                      --------------

     Total shareholder's equity                          10,854,987
                                                      -------------
                                                      $  14,982,888
                                                      =============


     The accompanying notes are an integral part of these consolidated condensed
financial statements.

</TABLE>


<PAGE>

Comasec Holdings, Inc. and subsidiary

Consolidated Consensed Statement of Income
<TABLE>
<CAPTION>

                                                      (Unaudited)
                                                     Three Months
                                                    Ended March 31
                                                    1997      1996

<S>                                                 <C>        <C>
Net Sales                                      $ 7,341,013  $ 7,678,154
Cost of products sold                            4,418,315    4,756,284

          Gross Profit                           2,922,698    2,921,870

Other expenses (income):
     General and administrative expenses           838,856    1,001,464
     Selling expenses                            1,128,624    1,188,900
     Other expenses                                216,153      121,948

     Interest income, net                          (39,704)         -
                                                -----------   ---------

Income before provision for income taxes           778,769      609,558

Provision for income taxes                         299,217      247,543
                                                ----------   -----------

Net income                                      $  479,552   $  362,015
                                                ==========   ==========

</TABLE>


     The accompanying notes are an integral part of these consolidated condensed
financial statements.



<PAGE>
Comasec Holdings, Inc. and subsidiary

Consolidated Condensed Statement of Cash Flows
                                                           (Unaudited)
                                                          Three Months
                                                         Ended March 31,
                                                     1997              1996

      Net cash provided by (used in) 
        operating activities                      $ (106,328)       $   300,168
                                                 -------------      ------------

Cash flows from investing activities:
      Net cash used in investing activities -
       capital expenditures                         (275,189)          (605,910)
                                                 -------------      ------------

Cash flows from financing activities:
  Amounts due from affiliates                         87,607            441,907
  Repayments on revolving line of credit                -              (600,000)
  Amounts due to affiliates                         (119,221)            75,569
                                                  -----------       ------------

       Net cash used in financing activities         (31,614)           (82,524)
                                                  -----------       ------------

Net decrease in cash and cash equivalents           (413,131)          (388,266)

Cash and cash equivalents at beginning of period     765,066            435,432
                                                  -----------       ------------

Cash and cash equivalents at end of period        $  351,935        $    47,166
                                                  ===========       ============


The  accompanying  notes are an integral  part of these  consolidated  condensed
financial statements.



<PAGE>

Comasec Holdings, Inc. and subsidiary Notes to the Unaudited Consolidated
Condensed Financial Statements

1.  Basis of presentation and description of business

The accompanying  financial  statements have been prepared pursuant to the rules
and regulations of the Securities and Exchange  Commission for interim financial
information,  including  Rule  10-01 of  Regulation  S-X.  Accordingly,  certain
information  and footnote  disclosure  normally  required in complete  financial
statements prepared in accordance with generally accepted accounting  principles
have been  condensed or omitted.  In the opinion of management  those  financial
statements  include all  adjustments  necessary for a fair  presentation  of the
results of operations for the interim periods  presented.  Results of operations
for interim periods may not be indicative of results expressed for a full year.

The  accompanying  financial  statements  only  include the  accounts of Comasec
Holdings, Inc. and its wholly-owned  subsidiary,  Survivair,  Inc. (collectively
the  "Company"),   acquired  by  Pro-Tech  Respirators,   Inc.,  a  wholly-owned
subsidiary of Bacou USA,  Inc., on May 30, 1997. All  intercompany  transactions
have been  eliminated.  Prior to May 30,  1997,  Comasec  Holdings,  Inc.  was a
wholly-owned subsidiary of Comasec International, S.A.

Also prior to May 30, 1997,  Comasec Holdings,  Inc. had two other  wholly-owned
subsidiaries which were not acquired by Pro-Tech Respirators,  Inc. Accordingly,
accounts related to interests in such subsidiaries have not been included in the
accompanying financial statements.

The  Company  is a  manufacturer  of self  contained  breathing  apparatus,  air
purifying respirators,  replacement cartridges and gas detection equipment, with
customers primarily in the United States of America.

2.  Inventories

     Inventories consist of the following at March 31, 1997:

     Raw material and supplies             $ 2,396,056
     Work-in-process                           998,089
     Finished goods                          1,194,870
                                           -----------
                                           $ 4,589,015

