##### Table of Contents





UNITED
    STATES SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C.
    20549
    Form 10-K
  ANNUAL REPORT PURSUANT TO
    SECTION 13 OR 15(d) OF THE SECURITIES
    EXCHANGE ACT OF 1934
  (Mark One)þ

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
    OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended
    December 31, 2007,oro

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
    OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period
    from          to          .   Commission File Number:
    001-33337
  COLEMAN CABLE, INC.
 (Exact name of registrant as
    specified in its charter)
  Delaware

36-4410887(State or other jurisdiction
    of
    incorporation or organization)

(I.R.S. Employer Identification
    No.)   1530 Shields Drive
 Waukegan, Illinois 60085
 (Address of principal executive
    offices) (Zip Code)
  Registrants telephone number, including area code:
 (847) 672-2300
  Securities registered pursuant to Section 12(b) of the
    Act:
  Title of Each Class

Name of Exchange on Which RegisteredCommon Stock, par value $0.001 per share

NASDAQ Global Market   Securities registered pursuant to Section 12(g) of the
    Act:
 None
  o þ
  o þ
  þ o
  Regulation S-K Form 10-K Form 10-K. o
    Large accelerated
    filer o

Accelerated
    filer o

Non-accelerated
    filer þ

Smaller reporting
    company o(Do not check if a smaller reporting company)   Rule 12b-2 o þ
    Common
    shares outstanding as of March 15, 2008 16,786,895
  DOCUMENTS
    INCORPORATED BY REFERENCE
  Form 10-K




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##### 





TABLE OF
    CONTENTS
  
   PagePart IItem 1.


Business


1Item 1A.


Risk Factors


8Item 1B.


Unresolved Staff Comments


13Item 2.


Properties


13Item 3.


Legal Proceedings


14Item 4.


Submission of Matters to a Vote of Security
    Holders


14Part IIItem 5.


Market for the Registrants Common Equity,
    Related Stockholder Matters and Issuer Purchases of Equity
    Securities


16Item 6.


Selected Financial Data


17Item 7.


Managements Discussion and Analysis of
    Financial Condition and Results of Operations


21Item 7A.


Quantitative and Qualitative Disclosures About
    Market Risk


34Item 8.


Financial Statements and Supplementary Data


34Item 9.


Changes in and Disagreements With Accountants on
    Accounting and Financial Disclosure


34Item 9A.


Controls and Procedures


34Item 9B.


Other Information


35Part IIIItem 10.


Directors and Executive Officers of the
    Registrant


35Item 11.


Executive Compensation


35Item 12.


Security Ownership of Certain Beneficial Owners
    and Management and Related Stockholder Matters


35Item 13.


Certain Relationships and Related Transactions


35Item 14.


Principal Accountant Fees and Services


36Part IVItem 15.


Exhibits and Financial Statement Schedules


36Index to Consolidated Financial Statements


F-1SubsidiariesConsent of Deloitte & Touche LLPCertificationCertificationCertification    TRADEMARKS
  ® tm Booster-in-a-Bag ® ® tm ® ® tm ® Luma-Site ® ® tm ® tm ® ® ® tm ® ® ® ® ® ® ® ® tm




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PART I  ITEM 1.
    Business  Cautionary
    Note Regarding Forward-Looking Statements
      
    fluctuations in the supply or price of copper and other raw
    materials including PVC and fuel;
    changes in the cost of labor;
    increased competition from other wire and cable manufacturers,
    including foreign manufacturers;
    pricing pressures causing margins to decrease;
    general economic conditions and changes in the demand for our
    products by key customers;
    failure of customers to make expected purchases, including
    customers of acquired companies;
    failure to identify, finance or integrate acquisitions;
    failure to accomplish integration activities on a timely basis;
    failure to achieve expected efficiencies in our manufacturing
    consolidations and integration activities;
    unforeseen developments or expenses with respect to our
    acquisition, integration and consolidation efforts; and
    other risks and uncertainties, including those described under
    Risk Factors.    General
   1




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Company
    History
      Acquisitions
    Copperfield,
    LLC
      Woods
    Industries
      Acquisition
    Financing
   2




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Business
    Overview
          Industry
    Overview
      Competition
     3




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Product
    Overview
    Net Sales by Groups of Products

2007


2006


2005(In thousands)Industrial Wire and Cable

$
312,105


$
199,804


$
151,607Electronic Wire


402,146



124,788



96,787Assembled Wire and Cable Products


120,940



83,400



87,084Fabricated Bare Wire


28,953



15,366



10,703Total

$
864,144


$
423,358


$
346,181   Industrial
    Wire and Cable
    Electronic
    Wire
      Assembled
    Wire and Cable Products
  Booster-in-a-Bag,
  Fabricated
    Bare Wire Products
   4




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End
    Market Overview
    Year Ended December 31,2007


2006


2005(In thousands)Net sales:Electrical/Wire and Cable Distributors

$
146,020


$
147,411


$
114,561Specialty Distributors and OEMs


223,159



219,957



171,926Consumer Outlets


98,369



55,990



59,694Copperfield


396,596







Total

$
864,144


$
423,358


$
346,181Operating income:Electrical/Wire and Cable Distributors

$
14,367


$
23,830


$
13,643Specialty Distributors and OEMs


21,061



28,096



14,693Consumer Outlets


10,559



3,421



3,465Copperfield


12,888







Total


58,875



55,347



31,801General corporate


(7,050
)


(6,787
)


(4,029
)Consolidated operating income

$
51,825


$
48,560


$
27,772     Electrical/Wire
    and Cable Distributors
    Specialty
    Distributors and OEMs
   5




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design-and-build
  Consumer
    Outlets
  Booster-in-a-Bag,
    Copperfield
    Raw
    Materials
    Foreign
    Sales and Assets
   6




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Patents
    and Trademarks
    Seasonality
    and Business Cycles
    Backlog
    and Shipping
  just-in-time
  Employees
    Regulation
    and Potential Environmental Liability
      Tax
    Audit
   7




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ITEM 1A.
    Risk
    Factors  Disruptions
    in the supply of copper and other raw materials used in our
    products could cause us to be unable to meet customer demand,
    which could result in the loss of customers and net
    sales.
    Fluctuations
    in the price of copper and other raw materials, as well as fuel
    and energy, and increases in freight costs could increase our
    cost of goods sold and affect our profitability.
      The
    markets for our products are highly competitive, and our
    inability to compete with other manufacturers in the wire and
    cable industry could harm our net sales and
    profitability.
    Our net
    sales, net income and growth depend largely on the economic
    strength of the markets that we serve, and if these markets
    become weaker, we could suffer decreased sales and net
    income.
   8




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We are
    dependent upon a number of key customers. If they were to cease
    purchasing our products, our net sales and profitability would
    likely decline.
    We face
    pricing pressure in each of our markets, and our inability to
    continue to achieve operating efficiency and productivity
    improvements in response to pricing pressure may result in lower
    margins.
    We have
    significant indebtedness outstanding and may incur additional
    indebtedness that could negatively affect our
    business.
      
    our ability to obtain additional financing for capital
    expenditures, potential acquisition opportunities or general
    corporate or other purposes may be impaired;
    a substantial portion of our cash flow from operations must be
    dedicated to the payment of principal and interest on our
    indebtedness, reducing the funds available to us for other
    purposes;
    it may place us at a competitive disadvantage compared to our
    competitors that have less debt or are less leveraged; and
    we may be more vulnerable to economic downturns, may be limited
    in our ability to respond to competitive pressures and may have
    reduced flexibility in responding to changing business,
    regulatory and economic conditions.   9




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We may
    not have the ability to repurchase our senior notes upon a
    change of control as required by the indenture governing our
    senior notes.
    Growth
    through acquisitions is a significant part of our strategy and
    we may not be able to successfully identify, finance or
    integrate acquisitions in order to grow our business.
    If we are
    unable to retain senior management and key employees, we may
    experience operating inefficiencies and increased costs,
    resulting in diminished profitability.
    Advancing
    technologies, such as fiber optic and wireless technologies, may
    make some of our products less competitive and reduce our net
    sales.
   10




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If our
    goodwill or other intangible assets become impaired, we may be
    required to recognize charges that would reduce our
    income.
    We may
    have difficulty integrating the operations of Copperfield and
    Woods. Should we fail to integrate their operations, our results
    of operations and profitability could be negatively
    impacted.
    We have
    incurred restructuring charges in the past and may incur
    additional restructuring charges in the future.
       11




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Some of
    our employees belong to a labor union and certain actions by
    such employees, such as strikes or work stoppages, could disrupt
    our operations or cause us to incur costs.
    We may be
    unable to raise additional capital to meet working capital and
    capital expenditure needs if our operations do not generate
    sufficient funds to do so.
    We are
    subject to current environmental and other laws and
    regulations.
  clean-up et seq
  Disruption
    in the importation of our raw materials and products and the
    risks associated with international operations could cause our
    operating results to decline.
    Complying
    with Section 404 of the Sarbanes-Oxley Act of 2002 may
    strain our resources and divert management.
   12




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We have
    risks associated with inventory.
    Changes
    in industry standards and regulatory requirements may adversely
    affect our business.
    ITEM 1B.
    Unresolved
    Staff Comments    ITEM 2.
    Properties    ApproximateLocation

Type of Facility

Square Feet


Leased or OwnedTexarkana, Arkansas

Manufacturing, Warehouse


106,700


OwnedGurnee, Illinois***

Warehouse


75,000


LeasedNorth Chicago, Illinois

Manufacturing


23,277


LeasedWaukegan, Illinois

Offices


30,175


LeasedWaukegan, Illinois

Manufacturing


212,530


Owned  77,394Leased  135,136Waukegan, Illinois***

Warehouse


180,000


LeasedEast Longmeadow, Massachusetts

Manufacturing, Warehouse


90,000


LeasedOswego, New York

Manufacturing, Warehouse


115,000


OwnedSiler City, North Carolina*

Closed


86,000


OwnedHayesville, North Carolina

Manufacturing


104,000


OwnedBremen, Indiana (Insulating)

Insulating


43,007


LeasedBremen, Indiana (Fabricating)

Fabricating


124,160


LeasedBremen, Indiana (East)

Fabricating, Insulating


106,200


LeasedBremen, Indiana (Distribution)

Distribution


48,000


LeasedLafayette, Indiana

Fabricating, Insulating


337,256


OwnedAvilla, Indiana **

Insulating


119,000


OwnedNogales, Arizona**

Fabricating, Insulating


84,000


LeasedEl Paso, Texas (Zaragosa Rd.)**

Fabricating, Insulating


69,163


OwnedEl Paso, Texas (Inglewood Rd.)**

Insulating


28,500


LeasedEl Paso, Texas (Esther Lama Rd.)**

Distribution


87,969


LeasedIndianapolis, Indiana***

Distribution


257,600


LeasedIndianapolis, Indiana***

Distribution


90,400


LeasedIndianapolis, Indiana

Offices


23,107


Leased     *
    
    On November of 2006, we approved a plan to close this facility
    and move its manufacturing operations to other facilities. 13




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**
    
    In November of 2007, we approved the planned Copperfield
    integration strategy to move these facilities into one modern
    facility in El Paso, Texas.***
    
    In January of 2008, we announced plans to close this facility in
    2008 and consolidate operations within a new distribution center
    in Pleasant Prairie, Wisconsin, which is scheduled to be opened
    in April of 2008.        ITEM 3.
    Legal
    Proceedings          ITEM 4.
    Submission
    of Matters to a Vote of Security Holders   14




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Executive
    Officers of the Company
  Name

Age

PositionG. Gary Yetman


53


President, Chief Executive Officer and DirectorRichard N. Burger


57


Executive Vice President, Chief Financial Officer, Secretary and
    TreasurerJeffrey D. Johnston


52


Executive Vice President, Operations and Assistant SecretaryRichard Carr


56


Executive Vice President, CEO of CopperfieldMichael Frigo


53


Executive Vice President OEM Group, President of CopperfieldJ. Kurt Hennelly


44


Executive Vice President, OperationsKenneth A. McAllister


62


Executive Vice President, Distribution GroupKathy Jo Van


43


Executive Vice President, Retail Group   Mr. Yetman
  Mr. Burger
  Mr. Johnston
  Mr. Carr
  Mr. Frigo
  Mr. Hennelly
  Mr. McAllister
 15




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Ms. Van
 PART II  ITEM 5.
    Market
    for the Registrants Common Equity, Related Stockholder
    Matters and Issuer Purchases of Equity Securities  Common
    Stock
    2007Sales Price


CashHigh


Low


DividendsFirst Quarter*

$
20.70


$
15.65


$
Second Quarter

$
29.99


$
20.75


$
Third Quarter

$
28.53


$
10.37


$
Fourth Quarter

$
14.72


$
9.27


$
     *
    
    The Company started trading on the NASDAQ Global Market on
    March 1, 2007. Accordingly, no public, readily available
    market price information exists for our common shares prior to
    March 1, 2007.    Dividends
    and Distributions
     16




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Equity
    Compensation Plan Information
    Number of SecuritiesRemaining Available forFuture Issuance Under EquityNumber of Securities to be


Weighted-Average


Compensation PlansIssued Upon Exercise of


Exercise Price of


(Excluding SecuritiesOutstanding Options,


Outstanding Options,


Reflected in thePlan Category

Warrants and Rights


Warrants and Rights


First Column)(1)Equity Compensation Plans Approved by Security Holders


887,500


$
15.52



762,500Equity Compensation Plans Not Approved by Security Holders










Total


887,500


$
15.52



762,500     (1)
    
    Represents shares of common stock that may be issued pursuant to
    the Companys Long-Term Incentive Plan adopted in 2006 (the
    Plan). Any employee of the Company or a subsidiary,
    or any director of the Company or a subsidiary, is eligible to
    receive awards under the Plan. The maximum number of shares of
    our common stock that may be delivered to participants and their
    beneficiaries under the Plan is 1,650,000 shares.  Performance
    Graph
    Comparison
    of Cumulative Return(1)
  
  Indexed ReturnsMarch 1, 2007



December 31, 2007Coleman Cable, Inc.



100




59.06Russell 2000



100




97.59     (1)
    
    Assumes the value of the investment in our common stock and the
    Russel 2000 Index was 100 on March 1, 2007, when our common
    stock began to be publicly traded on the NASDAQ Global Market. 17




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ITEM 6.
    Selected
    Consolidated Financial Data          As of and for the Year Ended December 31,2003


2004


2005


2006


2007(In thousands except for per share data)Statement of Operations Data:Net sales

$
233,555


$
285,792


$
346,181


$
423,358


$
864,144Cost of goods sold


198,457



240,260



292,755



341,642



759,551Gross profit


35,098



45,532



53,426



81,716



104,593Selling, engineering, general and administrative expenses


18,262



26,475



25,654



31,760



44,258Intangible asset amortization(1)


















7,636Restructuring charges(2)


249



(190
)






1,396



874Operating income


16,587



19,247



27,772



48,560



51,825Interest expense, net


10,087



11,252



15,606



15,933



27,519Loss on early extinguishment of debt






13,923











Other (income) loss, net(3)


(110
)


(13
)


(1,267
)


497



41Income (loss) before income taxes


6,610



(5,915
)


13,433



32,130



24,265Income tax expense(4)


1,558



3,092



2,298



2,771



9,375Net income (loss)

$
5,052


$
(9,007
)

$
11,135


$
29,359


$
14,890Per Common Share Data(5):Net income (loss) per shareBasic

$
0.44


$
(0.76
)

$
0.87


$
2.15


$
0.89Diluted


0.36



(0.76
)


0.87



2.15


$
0.88Weighted average shares outstandingBasic


11,467



11,795



12,749



13,637



16,786Diluted


13,968



11,795



12,749



13,637



16,826Pro Forma Statement of Operations Data:Income (loss) before income taxes

$
6,610


$
(5,915
)

$
13,433


$
32,130Pro forma income tax expense (benefit)(4)


2,614



(2,362
)


5,351



12,400Pro forma net income (loss)


3,996



(3,553
)


8,082



19,730 18




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As of and for the Year Ended December 31,2003


2004


2005


2006


2007(In thousands except for per share data)Pro Forma Per Common Share Data(5):Pro forma net income (loss) per shareBasic

$
0.35


$
(0.30
)

$
0.63


$
1.45Diluted


0.29



(0.30
)


0.63



1.45Other Financial Data:EBITDA(6)

$
22,300


$
10,735


$
33,883


$
53,497


$
72,260Capital expenditures


2,345



4,714



6,171



2,702



6,010Cash interest expense


8,323



6,499



14,813



15,187



23,220Depreciation and amortization expense(7)


5,603



5,398



4,844



5,434



20,476Net cash provided by (used in) operating activities


16,770



(10,067
)


(10,340
)


30,048



23,793Net cash used in investing activities


(1,611
)


(4,701
)


(1,789
)


(2,578
)


(269,072
)Net cash provided by (used in) financing activities


(15,155
)


(15,753
)


11,153



(12,794
)


239,398Balance Sheet Data:Cash and cash equivalents

$
49


$
1,034


$
58


$
14,734


$
8,877Working capital


35,276



62,756



90,107



115,083



230,525Total assets


166,991



197,056



221,388



235,745



575,652Total debt(8)


106,768



159,727



169,300



122,507



364,861Total shareholders equity


27,365



2,200



13,071



77,841



95,971     (1)
    
    Intangible asset amortization includes $7.6 million of
    amortization related to intangible assets acquired in 2007,
    primarily Copperfield.(2)
    
    Restructuring charges include: (i) $0.2 million in
    2003 for costs associated with the relocation of our cord
    operations from our Waukegan, Illinois facility to Miami,
    Florida; (ii) income of $0.2 million recorded in 2004
    reflects the reversal of accruals recorded in prior years, which
    were deemed to no longer be necessary;
    (iii) $1.3 million of costs associated with the
    closing of the leased manufacturing and distribution facility
    located in Miami Lakes, Florida and $0.1 million associated
    with the closing of the owned facility located in Siler City,
    North Carolina in 2006; and, (iv) $0.9 million in
    restructuring costs recorded in 2007 related to the 2006 Miami
    Lakes and Siler City facility closures ($0.6 million) and
    integration costs related to Copperfield ($0.3 million).(3)
    
    Other (income) loss included $0.5 million in 2006 for
    estimated costs accrued pursuant to the Tax Matters Agreement.
    Other income, net was $1.3 million due to the sale of zero
    coupon bonds in May 2005.(4)
    
    Prior to October 10, 2006, we were treated as an S
    corporation for federal and state income tax purposes, with the
    exception of our wholly-owned C corporation subsidiary.
    Accordingly, our shareholders were responsible for federal and
    substantially all state income tax liabilities arising out of
    our operations other than those conducted by our C corporation
    subsidiary. On October 10, 2006, the day before we
    consummated the 2006 Private Placement, we ceased to be an S
    corporation and became a C corporation and, as such, are now
    subject to federal and state income tax. As a result of the
    termination of our S corporation status, we recorded a one-time
    non-cash charge of approximately $0.3 million to our income
    tax provision to recognize the estimated amount of previously
    unrecognized net deferred income tax liability. Income tax
    expense in 2007 reflects our status as a C corporation for the
    entire year, compared to the expense recorded in 2006, which
    reflects the above-noted conversion in October 2006.(5)
    
    The financial data reflects the retroactive presentation of the
    312.6079 for 1 stock split which occurred on October 11,
    2006.(6)
    
    EBITDA represents earnings from continuing operations before net
    interest, income taxes, depreciation, and amortization. Other
    companies may define EBITDA differently and, as a result, our
    measure of EBITDA may not be directly comparable to EBITDA of
    other companies. EBITDA is a performance measure and liquidity
    measure used by our management, and we believe it is commonly
    reported and widely used by investors and other interested
    parties as a measure of a companys operating performance
    and ability to incur and service 19




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debt. Our management believes that EBITDA is useful to investors
    in evaluating our operating performance because it provides a
    means to evaluate the operating performance of our business on
    an ongoing basis using criteria that are used by our internal
    decision-makers for evaluation and planning purposes, including
    the preparation of annual operating budgets and the
    determination of levels of operating and capital investments. In
    particular, our management believes that EBITDA is a meaningful
    measure because it allows management to readily view operating
    trends, perform analytical comparisons and identify strategies
    to improve operating performance. For example, our management
    believes that the inclusion of items such as taxes, interest
    expense, intangible asset amortization and interest income can
    make it more difficult to identify and assess operating trends
    affecting our business and industry. Furthermore, our management
    believes that EBITDA is a performance measure that provides
    investors, securities analysts and other interested parties with
    a measure of operating results unaffected by differences in
    capital structures, business acquisitions, capital investment
    cycles and ages of related assets among otherwise comparable
    companies in our industry. Finally, EBITDA also closely tracks
    Consolidated EBITDA, a liquidity measurement that is used in
    calculating financial covenants in both our credit facility and
    the indenture for our senior notes.EBITDAs usefulness as a performance measure is limited by
    the fact that it excludes the impact of interest expense,
    depreciation and amortization expense and taxes. We borrow money
    in order to finance our operations; therefore, interest expense
    is a necessary element of our costs and ability to generate
    revenue. Similarly, our use of capital assets makes depreciation
    and amortization expense a necessary element of our costs and
    ability to generate income. Since we are subject to state and
    federal income taxes, any measure that excludes tax expense has
    material limitations.Due to these limitations, we do not, and you should not, use
    EBITDA as the sole measure of our performance and liquidity.We also use, and recommend that you consider, net income in
    accordance with GAAP as a measure of our performance or cash
    flows from operating activities in accordance with GAAP as a
    measure of our liquidity. The following is a reconciliation of
    net income (loss), as determined in accordance with GAAP, to
    EBITDA.  Year Ended December 31,2003


2004


2005


2006


2007(In thousands)Net income (loss)

$
5,052


$
(9,007
)

$
11,135


$
29,359


$
14,890Interest expense, net


10,087



11,252



15,606



15,933



27,519Income tax expense


1,558



3,092



2,298



2,771



9,375Depreciation and amortization expense(7)


5,603



5,398



4,844



5,434



20,476EBITDA

$
22,300


$
10,735


$
33,883


$
53,497


$
72,260     Year Ended December 31,2003


2004


2005


2006


2007(In thousands)Net cash flow from operating activities

$
16,770


$
(10,067
)

$
(10,340
)

$
30,048


$
23,793Interest expense, net


10,087



11,252



15,606



15,933



27,519Income tax expense


1,558



3,092



2,298



2,771



9,375Loss on early extinguishment of debt






(13,923
)










Deferred income tax assets and liabilities


338



18



581



(679
)


3,689Gain (loss) on sale of fixed assets


60



13



7



(502
)


20Gain (loss) on sale of
    investment-net










1,267



11



Stock-based compensation






(1,648
)






(1,412
)


(3,739
)Changes in operating assets and liabilities


(5,238
)


22,857



24,354



7,327



11,603Non-cash interest income


227



245



110







Non-cash interest expense


(1,502
)


(1,104
)










EBITDA

$
22,300


$
10,735


$
33,883


$
53,497


$
72,260  20




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##### Table of Contents



EBITDA includes the effects of restructuring charges, bad debt
    write off (recovery) related to the bankruptcy of a major
    customer, a special bonus to certain members of senior
    management the loss on early extinguishment of debt,
    professional services to one of our directors for services
    rendered in connection with the exploration of development of
    strategic alternatives and certain other matters; and the
    expenses pursuant to the Tax Matters Agreement and certain other
    matters. Restructuring charges are described in footnote
    (2) above. In particular, 2003 EBITDA includes a bad debt
    recovery of $0.1 million, 2004 EBITDA includes a bad debt
    recovery of $0.3 million, a special senior management bonus
    of $3.0 million and a loss on early extinguishment of debt
    of $13.9 million, and 2006 EBITDA includes
    $0.8 million of cash paid and $0.5 million of stock to
    one of our directors for professional services and
    $0.5 million of expenses related to the Tax Matters
    Agreement. Changes in operating assets and liabilities exclude
    amortization of debt issuance costs, which is included in
    interest expense.(7)
    
    Depreciation and amortization expense does not include
    amortization of debt issuance costs, which is included in
    interest expense.(8)
    
    Net of unamortized discount of $2.0 million as of
    December 31, 2003, and unamortized premium of
    $3.0 million as of December 31, 2007.  ITEM 7.
    Managements
    Discussion and Analysis of Financial Condition and Results of
    Operations  The following discussion contains forward-looking statements
    that involve risks and uncertainties. Our actual results may
    differ materially from those anticipated in these
    forward-looking statements as a result of a variety of risks and
    uncertainties, including those described under
    Item 1A, Risk Factors and elsewhere in this
    report. We assume no obligation to update any of these
    forward-looking statements. You should read the following
    discussion in conjunction with our consolidated financial
    statements and the notes thereto included in this report.
  Overview
        Production
    Costs Overview, Impact of Copper Prices and Current Business
    Environment
   21




---



##### Table of Contents



Acquisitions
    Copperfield,
    LLC
    Woods
    Industries, Inc.
    Integration
     22




---



##### Table of Contents



first-in-class
  Consolidated
    Results of Operations
    Year Ended December 31,2007


2006


2005Amount


%


Amount


%


Amount


%(In thousands)Net sales

$
864,144



100.0
%

$
423,358



100.0
%

$
346,181



100.0
%Gross profit


104,593



12.1



81,716



19.3



53,426



15.4Selling, engineering, general and administrative expenses


44,258



5.1



31,760



7.5



25,654



7.4Intangible asset amortization


7,636



0.9















Restructuring


874



0.1



1,396



0.3







Operating income


51,825



6.0



48,560



11.5



27,772



8.0Interest expense, net


27,519



3.2



15,933



3.8



15,606



4.5Other (income) loss, net


41







497



0.1



(1,267
)


(0.4
)Income (loss) before income taxes


24,265



2.8



32,130



7.6



13,433



3.9Income tax expense


9,375



1.1



2,771



0.7



2,298



0.7Net income (loss)

$
14,890



1.7


$
29,359



6.9


$
11,135



3.2   Year
    Ended December 31, 2007 Compared with Year Ended
    December 31, 2006
  Net sales
  Gross profit
 23




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##### Table of Contents



Selling, engineering, general and
    administrative
  Intangible amortization expense
  Restructuring charges
  Interest expense, net
  Other (income) loss, net
  Income tax expense
  Year
    Ended December 31, 2006 Compared with Year Ended
    December 31, 2005
  Net sales
 24




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##### Table of Contents



Gross profit
  Selling, engineering, general and
    administrative
  Restructuring charges
  Interest expense, net and loss on early extinguishment of
    debt
  Other (income) loss, net
  Income tax expense
  Segment
    Results
    Year Ended December 31,2007


2006


2005Amount


Percent of Total


Amount


Percent of Total


Amount


Percent of Total(In thousands)Net sales:Electrical/Wire and Cable Distributors

$
146,020



16.9
%

$
147,411



34.8
%

$
114,561



33.0
%Specialty Distributors and OEMs


223,159



25.8



219,957



52.0



171,926



49.8Consumer Outlets


98,369



11.4



55,990



13.2



59,694



17.2Copperfield


396,596



45.9















Total

$
864,144



100.0
%

$
423,358



100.0
%

$
346,181



100.0
%   25




---



##### Table of Contents



Percent of





Percent of





Percent ofSegment





Segment





SegmentAmount


Net Sales


Amount


Net Sales


Amount


Net SalesOperating income:Electrical/Wire and Cable Distributors

$
14,367



9.8
%

$
23,830



16.2
%

$
13,643



11.9
%Specialty Distributors and OEMs


21,061



9.4



28,096



12.8



14,693



8.5Consumer Outlets


10,559



10.7



3,421



6.1



3,465



5.8Copperfield


12,888



3.2















Total


58,875







55,347







31,801Corporate


(7,050
)






(6,787
)






(4,029
)Consolidated Operating Income

$
51,825






$
48,560






$
27,772     Electrical/Wire
    and Cable Distributors
      Specialty
    Distributors and OEMs
     26




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##### Table of Contents



Consumer
    Outlets
      Copperfield
      Liquidity
    and Capital Resources
    
    Acquisition of Copperfield and Woods Including acquisition-related costs and working capital
    adjustments (subject to finalization for Woods), we paid
    $215.4 million for 100% of the outstanding equity interests
    of Copperfield, and $53.2 million for certain assets of
    Woods U.S. and all the stock of Woods Canada. These
    acquisitions significantly increased the scale of our operations
    and our outstanding debt levels;
    Issuance of $120.0 million in Senior Notes We issued $120.0 million aggregate principal of Senior
    Notes (defined below) in connection with financing the
    Copperfield acquisition in April of 2007, thereby increasing the
    total outstanding principal of Senior Notes to
    $240.0 million at December 31, 2007;
    Amended $200.0 million Revolving Credit
    Facility In April 2007, also in connection with
    the Copperfield acquisition, our five-year Revolving Credit
    Facility was amended and restated, thereby increasing our total
    borrowing capacity under the facility up to a maximum of
    $200.0 million. We also borrowed against the facility to
    fund our acquisition of Woods, resulting in outstanding
    borrowings under the facility of $123.4 million at
    December 31, 2007. 27




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##### Table of Contents



Debt
    As of December 31,2007


2006(In thousands)Revolving Credit Facility expiring April 2, 2012

$
123,438


$
9.875% Senior Notes due October 1, 2012, including
    unamortized premium of $2,980 and $0, respectively


242,980



120,000Capital lease obligations


782



1,129Other debt


641



1,378Total debt

$
367,841


$
122,507   Revolving
    Credit Facility
            9.875% Senior
    Notes
   28




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##### Table of Contents



Current
    and Future Liquidity
          Cash
    Flow Summary
    As of December 31,2007


2006


2005(In thousands)Net Income

$
14,890


$
29,359


$
11,135Non-cash items


21,692



8,964



3,827Changes in working capital assets and liabilities


(12,789
)


(8,275
)


(25,302
)Net cash from operating activities


23,793



30,048



(10,340
)Net cash from investing activities


(269,072
)


(2,578
)


(1,789
)Net cash from financing activities


239,398



(12,794
)


11,153Effects of exchange rate changes on cash and cash equivalents


24







Net increase in cash and cash equivalents


(5,857
)


14,676



(976
)Cash and equivalents at beginning of year


14,734



58



1,034Cash and equivalents at end of year

$
8,877


$
14,734


$
58   Operating
    activities
   29




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##### Table of Contents



Investing
    activities
    Financing
    activities
    Integration
    activities related to Copperfield and Woods
      Seasonality
   30




---



##### Table of Contents



Contractual
    Obligations
    Payments Due by PeriodLess Than








AfterTotal


1 Year


1-3 Years


3-5 Years


5 Years(Dollars in thousands)Long-term debt obligations (including current portion and
    interest)

$
479,708


$
24,190


$
47,475


$
407,927


$
116Capital lease obligations (including interest)


867



539



328







Operating lease obligations


31,658



7,341



11,779



7,904



4,634Purchase obligations


68,638



68,638











           Off-Balance
    Sheet Arrangements
    Critical
    Accounting Policies
    Revenue
    Recognition
   31




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##### Table of Contents



Allowance
    for Uncollectible Accounts
    Inventories
  product-by-product
  Plant
    and Equipment
  Accounting for the Impairment or Disposal of Long-Lived
    Assets
  Goodwill
  Goodwill and Other Intangible
    Assets
  Income
    Taxes
   32




---



##### Table of Contents



Accounting for Income Taxes.
    New
    Accounting Pronouncements
  Business Combinations
  Fair Value Measurements.
  The
    Fair Value Option for Financial Assets and Financial Liabilities
    including an Amendment of FASB Statement No. 115
  Noncontrolling Interests in Consolidated Financial
    Statements  an amendment of ARB No. 51
 33




---



##### Table of Contents



ITEM 7A.
    Quantitative
    and Qualitative Disclosures about Market Risk    Commodity Risk.
  Interest Rate Risk.
  ITEM 8.
    Financial
    Statements and Supplementary Data  page F-1.
  ITEM 9.
    Changes
    in and Disagreements With Accountants on Accounting and
    Financial Disclosure    ITEM 9A.
    Controls
    and Procedures  Disclosure
    Controls and Procedures
  Rules 13a-15(b) 15d-15(e)),
  Managements
    Report on Internal Control over Financial
    Reporting
  Rule 13a-15(d) 15d-15(f).
 34




---



##### Table of Contents



Changes
    in Internal Control over Financial Reporting
  Rules 13a-15(d) 15d-15(f)
  ITEM 9B.
    Other
    Information   PART III  ITEM 10.
    Directors
    and Executive Officers of the Registrant    
  Code of
    Ethics
    ITEM 11.
    Executive
    Compensation  
  ITEM 12.
    Security
    Ownership of Certain Beneficial Owners and Management and
    Related Stockholder Matters   35




---



##### Table of Contents



ITEM 13.
    Certain
    Relationships and Related Transactions    
  ITEM 14.
    Principal
    Accountant Fees and Services  
 PART IV  ITEM 15
    Exhibits
    and Financial Statement Schedules             36




---



##### 



Coleman
    Cable, Inc. and Subsidiaries



INDEX TO
    CONSOLIDATED FINANCIAL STATEMENTS

December 31,
    2007   
 Report of Independent Registered Public
    Accounting Firm  Deloitte & Touche LLP


F-2Consolidated Statements of Income for the Years
    Ended December 31, 2007, 2006 and 2005


F-3Consolidated Balance Sheets as of
    December 31, 2007 and 2006


F-4Consolidated Statements of Cash Flows for the
    Years Ended December 31, 2007, 2006 and 2005


F-5Consolidated Statements of Changes in
    Shareholders Equity for the Years Ended December 31,
    2007, 2006 and 2005


F-6Notes to Consolidated Financial Statements


F-7     F-1




---



##### Table of Contents



REPORT OF
    INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM  To the Board
    of Directors and Shareholders of
         DELOITTE &
    TOUCHE LLP
     F-2




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES



CONSOLIDATED
    STATEMENTS OF INCOME  Years Ended December 31,2007


2006


2005(Thousands, except per share data)NET SALES

$
864,144


$
423,358


$
346,181COST OF GOODS SOLD


759,551



341,642



292,755GROSS PROFIT


104,593



81,716



53,426SELLING, ENGINEERING, GENERAL AND ADMINISTRATIVE EXPENSES


44,258



31,760



25,654INTANGIBLE ASSET AMORTIZATION


7,636







RESTRUCTURING CHARGES


874



1,396



OPERATING INCOME


51,825



48,560



27,772INTEREST EXPENSE, NET


27,519



15,933



15,606OTHER (INCOME) LOSS, NET


41



497



(1,267
)INCOME BEFORE INCOME TAXES


24,265



32,130



13,433INCOME TAX EXPENSE


9,375



2,771



2,298NET INCOME

$
14,890


$
29,359


$
11,135EARNINGS PER COMMON SHARE DATANET INCOME PER SHAREBasic

$
0.89


$
2.15


$
0.87Diluted


0.88



2.15



0.87WEIGHTED AVERAGE COMMON SHARES OUTSTANDINGBasic


16,786



13,637



12,749Diluted


16,826



13,637



12,749PRO FORMA DATA (Note 1)PRO FORMA NET INCOMEIncome before income taxes





$
32,130


$
13,433Pro forma income tax expense (unaudited)






12,400



5,351Pro forma net income (unaudited)





$
19,730


$
8,082PRO FORMA NET INCOME PER SHARE (UNAUDITED)Basic





$
1.45


$
0.63Diluted






1.45



0.63    F-3




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES



CONSOLIDATED
    BALANCE SHEETS  December 31,2007


2006(Thousands except per share data)ASSETSCURRENT ASSETS:Cash and cash equivalents

$
8,877


$
14,734Accounts receivable, net of allowances of $4,601 and $2,092,
    respectively


159,133



62,318Inventories


138,359



66,765Deferred income taxes


3,776



2,136Assets held for sale


661



Prepaid expenses and other current assets


8,647



2,739Total current assets


319,453



148,692PROPERTY, PLANT AND EQUIPMENT:Land


2,772



579Buildings and leasehold improvements


14,780



7,636Machinery, fixtures and equipment


101,701



45,125119,253



53,340Less accumulated depreciation and amortization


(42,918
)


(31,762
)Construction in progress


3,628



244Property, plant and equipment, net


79,963



21,822GOODWILL


108,461



60,628INTANGIBLE ASSETS, NET


58,181



10OTHER ASSETS, NET


9,594



4,593TOTAL ASSETS

$
575,652


$
235,745LIABILITIES AND SHAREHOLDERS EQUITYCURRENT LIABILITIES:Current portion of long-term debt

$
936


$
936Accounts payable


49,519



13,091Accrued liabilities


38,473



19,582Total current liabilities


88,928



33,609LONG-TERM DEBT


366,905



121,571LONG-TERM LIABILITIES


281



DEFERRED INCOME TAXES


23,567



2,724SHAREHOLDERS EQUITY:Common stock, par value $0.001; 75,000 shares authorized
    and 16,786 shares issued and outstanding


17



17Additional paid-in capital


83,709



80,421Retained earnings (accumulated deficit)


12,293



(2,597
)Accumulated other comprehensive loss


(48
)


Total shareholders equity


95,971



77,841TOTAL LIABILITIES AND SHAREHOLDERS EQUITY

$
575,652


$
235,745    F-4




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES



CONSOLIDATED
    STATEMENTS OF CASH FLOWS  Years Ended December 31,2007


2006


2005(Thousands)CASH FLOW FROM OPERATING ACTIVITIES:Net income


14,890


$
29,359


$
11,135Adjustments to reconcile net income to net cash flow from
    operating activities:Depreciation and amortization


21,662



6,382



5,792Stock-based compensation


3,739



1,412



Non-cash interest income










(110
)Deferred tax provision (credit)


(3,689
)


679



(581
)(Gain) loss on disposal of fixed assets


(20
)


502



(7
)Gain on sale of investment






(11
)


(1,267
)Changes in operating assets and liabilities (net of
    acquisitions):Accounts receivable


(4,606
)


(3,478
)


(10,227
)Inventories


(2,894
)


1,124



(17,755
)Prepaid expenses and other assets


(4,967
)


142



(1,417
)Accounts payable


(6,377
)


(8,869
)


1,985Accrued liabilities


6,055



2,806



2,112Net cash flow from operating activities


23,793



30,048



(10,340
)CASH FLOW FROM INVESTING ACTIVITIES:Capital expenditures


(6,010
)


(2,702
)


(6,171
)Acquisition of businesses, net of cash acquired


(263,138
)






Proceeds from the disposal of fixed assets


17



42



Proceeds from sale of investment


59



82



4,382Net cash flow from investing activities


(269,072
)


(2,578
)


(1,789
)CASH FLOW FROM FINANCING ACTIVITIES:Borrowings under revolving loan facilities to fund acquisitions,
    including issuance costs


127,080







Net borrowings (repayments) under revolving loan facilities


(5,450
)


(46,000
)


16,180Early retirement of debt










(3,822
)Proceeds of issuance of common stock, net of issuance costs


(451
)


114,851



Issuance of senior notes, net of issuance costs


119,352







Repayment of long-term debt


(1,133
)


(793
)


(941
)Repurchase of common stock






(61,384
)


Dividends paid to shareholders






(19,468
)


(264
)Net cash flow from financing activities


239,398



(12,794
)


11,153Effect of exchange rate changes on cash and cash equivalents


24







INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS


(5,857
)


14,676



(976
)CASH AND CASH EQUIVALENTS  Beginning of year


14,734



58



1,034CASH AND CASH EQUIVALENTS  End of year

$
8,877


$
14,734


$
58NONCASH ACTIVITYReduction of carrying value of Oswego fixed assets and capital
    lease obligation

$



$



$
1,878Capital lease obligation


50







34Unpaid capital expenditures


1,453







166SUPPLEMENTAL CASH FLOW INFORMATIONIncome taxes paid

$
18,709


$
1,259


$
2,792Cash interest paid


23,220



15,187



14,813    F-5




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES



CONSOLIDATED
    STATEMENTS OF CHANGES IN SHAREHOLDERS EQUITY  Retained


AccumulatedCommon





Additional


Earnings


OtherStock


Common


Paid-in


(Accumulated


ComprehensiveOutstanding


Stock


Capital


Deficit)


Income


Total(Thousands)BALANCE  December 31, 2005


12,749



13



25,546



(12,488
)






13,071Repurchase of common stock


(4,400
)


(4
)


(61,380
)










(61,384
)Common stock issuance, net of issuance costs


8,400



8



114,843











114,851Stock-based compensation


37







1,412











1,412Net income














29,359







29,359Dividends














(19,468
)






(19,468
)BALANCE  December 31, 2006


16,786



17



80,421



(2,597
)






77,841Comprehensive incomeNet income














14,890







14,890Cumulative translation, net of tax adjustment


















(48
)


(48
)Total Comprehensive Income






















14,842Common stock issuance costs










(451
)










(451
)Stock-based compensation










3,739











3,739BALANCE  December 31, 2007


16,786


$
17


$
83,709


$
12,293


$
(48
)

$
95,971    F-6




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES



NOTES TO
    CONSOLIDATED FINANCIAL STATEMENTS

(Thousands, except per share data) 1.
    SUMMARY
    OF SIGNIFICANT ACCOUNTING POLICIES  Nature
    of Operations, Principles of Consolidation and Basis of
    Presentation
      Unaudited
    Pro Forma Data
    Accounting
    Estimates
    2007


2006


2005Balance  January 1

$
2,092


$
1,876


$
1,655Provisions


625



294



369Acquisition


2,944







Write-offs and credit allowances, net of recovery


(1,060
)


(78
)


(148
)Balance  December 31

$
4,601


$
2,092


$
1,876   Revenue
    Recognition
   F-7




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    Cost
    of Goods Sold
    Cash
    and Cash Equivalents
    Inventories
  first-in,
  Property,
    Plant and Equipment
    Software
    Development
  No. 98-1, Accounting for the Costs of Computer Software Developed or
    Obtained for Internal Use SOP No. 98-1,
  Goodwill
    and Other Intangible Assets
  Goodwill and Other
    Intangible Assets,
 F-8




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    Impairment
    of Long-Lived Assets
  Accounting for the
    Impairment or Disposal of Long-Lived Assets,
  Income
    Taxes
      Accounting for Uncertainty in Income Taxes Accounting for Income Taxes
   F-9




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  Derivative
    and Other Financial Instruments, and Concentrations of Credit
    Risk
          Stock-based
    Compensation
  Share-based
    Payment,
  Earnings
    per Common Share
    New
    Accounting Pronouncements
  Business Combinations
  Fair Value Measurements.
 F-10




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    The
    Fair Value Option for Financial Assets and Financial Liabilities
    including an Amendment of FASB Statement No. 115
  Noncontrolling Interests in Consolidated Financial
    Statements  an amendment of ARB No. 51
  2.
    ACQUISITIONS  Copperfield,
    LLC
      Woods
    Industries
   F-11




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  Purchase
    Price Allocations
  Business Combinations
    Copperfield


Woods


TotalCash and cash equivalents

$
639


$
4,884


$
5,523Accounts receivable


61,592



30,752



92,344Inventories


41,601



27,231



68,832Prepaid expenses and other current assets


832



1,798



2,630Property, Plant and equipment


62,656



1,604



64,260Intangible assets


64,400



1,400



65,800Goodwill


43,606



4,227



47,833Other assets


607







607Total assets acquired


275,933



71,896



347,829Current liabilities


(36,596
)


(18,157
)


(55,091
)Long-term liabilities


(42
)






(42
)Deferred income taxes


(23,846
)


(527
)


(24,035
)Total liabilities assumed


(60,484
)


(18,684
)


(79,168
)Net assets acquired

$
215,449


$
53,212


$
268,661     Weighted AverageAmortization Period


Copperfield


Woods


TotalCustomer relationships


4


$
55,600


$
900


$
56,500Trademarks and trade names


11



7,800



500



8,300Non-competition agreements


2



1,000







1,000Total intangible assets





$
64,400


$
1,400


$
65,800  F-12




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    Unaudited
    Selected Pro Forma Financial Information
    Years December 31,2007


2006Net sales

$
1,142,266


$
1,108,079Net income

$
7,094


$
23,244Earnings per share:Basic

$
0.42


$
1.70Diluted

$
0.42


$
1.70   3.
    GOODWILL
    AND INTANGIBLE ASSETS    2007December 31,


Acquisition


December 31,2006


Activity


2007Electrical/Wire and Cable Distributors

$
25,023


$



$
25,023Specialty Distributors and OEMs


31,696







31,696Consumer Outlets


3,909



4,227



8,136Copperfield






43,606



43,606Total

$
60,628


$
47,833


$
108,461    F-13




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
      Weighted


2007


2006Average


Gross





Net


Gross





NetAmortization


Carrying


Accumulated


Carrying


Carrying


Accumulated


CarryingPeriod


Amount


Amortization


Amount


Amount


Amortization


AmountCustomer relationships


4


$
56,500


$
(7,026
)

$
49,474


$



$



$
Trademarks and trade names


11



8,350



(343
)


8,007



50



(40
)


10Non-competition agreements


2



1,000



(300
)


700











Total


5


$
65,850


$
(7,669
)

$
58,181


$
50


$
(40
)

$
10     2008

$
11,9992009


10,5462010


8,2172011


6,5292012


5,175     4.
    RESTRUCTURING
    AND INTEGRATION ACTIVITIES  Copperfield
    Integration
     F-14




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  2006
    Restructuring Activities
      Employee


Lease


Equipment


OtherSeverance


Termination


Relocation


ClosingCosts


Costs


Costs


Costs


TotalCopperfield IntegrationBALANCE  December 31, 2006

$



$



$



$



$
Provision














279



279Purchase accounting adjustments


385















385Uses














(279
)


(279
)BALANCE  December 31, 2007

$
385


$



$



$



$
3852006 Restructuring ActivitiesBALANCE  December 31, 2005

$



$



$



$



$
Provision


147



662



262



325



1,396Uses


(77
)


(662
)


(262
)


(325
)


(1,326
)BALANCE  December 31, 2006

$
70


$



$



$



$
70Provision


41







320



234



595Uses


(111
)






(320
)


(231
)


(662
)BALANCE  December 31, 2007

$



$



$



$
3


$
3   2008
    Activities- Consolidation of Distribution Facilities, Including
    Woods
   F-15




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  5.
    INVENTORIES    December 31,2007


2006FIFO cost:Raw materials

$
31,626


$
11,975Work in progress


4,324



3,293Finished products


102,409



51,497Total

$
138,359


$
66,765   6.
    ACCRUED
    LIABILITIES    December 31,2007


2006Salaries, wages and employee benefits

$
9,503


$
5,117Sales incentives


14,383



7,359Income taxes






568Interest


6,505



3,023Other


8,082



3,515Total

$
38,473


$
19,582   7.
    DEBT    December 31,2007


2006Revolving credit facility expiring April 2, 2012

$
123,438


$
9.875% Senior notes due October 1, 2012, including
    unamortized premium of $2,980 and $0, respectively


242,980



120,000Capital lease obligations


782



1,129Other long-term debt, annual interest rates up to 6.5%, payable
    through 2018


641



1,378367,841



122,507Less current portion


(936
)


(936
)Total long-term debt

$
366,905


$
121,571   Revolving
    Credit Facility
   F-16




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
            9.875% Senior
    Notes
   F-17




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    2008

$
9362009


3552010


132011


102012


363,449Subsequent to 2012


98Total debt maturities


364,861Unamortized premium on long-term debt


2,980Total debt

$
367,841     Debt
    Issue Costs
    8.
    INCOME
    TAXES  Tax Matters
    Agreement
    2007


2006


2005Income before income taxesU.S

$
23,367


$
32,130


$
13,433Foreign


898







Total

$
24,265


$
32,130


$
13,433  F-18




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    2007


2006


2005Current tax expense

$
13,064


$
2,092


$
2,879Deferred income tax expense


(3,689
)


679



(581
)Total income tax expense

$
9,375


$
2,771


$
2,298       2007


2006Deferred tax assets:Reserves not deducted for tax:Allowances for uncollectible accounts

$
(604
)

$
(492
)Legal reserves


(151
)


(151
)Employee benefits


(499
)


(426
)Section 199


(539
)


(15
)Other


(1,139
)


(215
)Inventories


(1,292
)


(1,299
)Stock-based compensation


(1,465
)


(350
)Deferred tax liabilities:Depreciation and amortization


24,951



3,074Other


529



462Net deferred tax liability

$
19,791


$
588     2007


2006


2005Income taxes at federal statutory rate

$
8,487


$
10,924


$
4,702Increase (decrease) in income taxes resulting from:Non-taxable S corporation (income) losses






(9,348
)


(2,649
)State taxes (net of federal tax benefit)


1,331



652



81S to C corporation conversion






346



Other


(443
)


197



164Income taxes

$
9,375


$
2,771


$
2,298   non-U.S. subsidiaries. non-U.S. subsidiaries.
   F-19




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    9.
    COMMITMENTS
    AND CONTINGENCIES  Capital
    and Operating Leases
    Capital


OperatingLeases


Leases2008

$
539


$
7,3412009


324



6,3072010


4



5,4722011






4,1092012






3,795After 2012






4,634Total

$
867


$
31,658Less: Amounts representing interest


85Present value of future minimum lease payments


782Less: Current obligations under capital leases


469Long-term obligations under capital leases

$
313     Employee
    Benefits
    Legal
    Matters
   F-20




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
      Self-Insurance
    Tax
    Matters Agreement
      10.
    SHAREHOLDERS
    EQUITY   F-21




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  11.
    EARNINGS
    PER SHARE    Years Ended December 31,2007


2006Basic weighted average shares outstanding


16,786



13,637Dilutive effect of stock options


40



Diluted weighted average share outstanding


16,826



13,637     12.
    STOCK-BASED
    COMPENSATION      2007


2006Fair value of options at grant date (per share)

$
11.67


$
8.09Dividend yield


0
%


0
%Expected volatility


45
%


45
%Risk-free interest rate


4.70
%


4.74
%Expected term of options


6 years



7 years    F-22




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    Weighted-AverageWeighted-Average


Remaining


AggregateExercise


Contractual


IntrinsicShares


Price


Terms


ValueOutstanding on January 1, 2007


825


$
15.00



9.0Granted


65


$
22.47



Exercised










Forfeited or expired


(2
)


23.62



Outstanding on December 31, 2007


888


$
15.52



8.8



At December 31, 2007:Vested or expected to vest


856


$
15.54



8.8



Exercisable














     13.
    RELATED
    PARTIES         F-23




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  14.
    INVENTORY
    THEFT    15.
    BUSINESS
    SEGMENT INFORMATION    Disclosure about Segments of an
    Enterprise and Related Information
    End Markets

Principal Products

Applications

CustomersElectrical/Wire and Cable DistributorsElectrical Distribution

Industrial power, electronic and communication cables, low
    voltage wire and assembled products

Construction and industrial MRO applications

Buying groups, national chains and independent distributorsWire and Cable Distribution

Industrial power, electronic and communication cables and low
    voltage wire

Construction and industrial MRO applications

Independent distributorsSpecialty Distributors and OEMsOEM/Government

Custom cables

Various marine, lighting, mobile equipment, entertainment and
    military applications, agriculture, appliance, trailer cable,
    welding cable and battery cable

OEMs and governmental agencies/subcontractors F-24




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  End Markets

Principal Products

Applications

CustomersHVAC/R

Thermostat cable and assembled products

Services the electric controls for HVAC/R

Independent distributors and consignment manufacturersIrrigation

Irrigation, sprinkler and polyethylene golf course cables

Commercial and residential sprinkler systems, low voltage
    lighting applications and well pumps

Turf and landscape, golf course and submersible pump distributorsIndustrial/Contractor

Extension cords, ground fault circuit interrupters, industrial
    cord reels, custom cords, trouble lights, portable halogen
    lights and electrical/electronic cables

Various commercial construction and industrial applications

Specialty, tool and fastener distributors; MRO/industrial
    catalog houses and retail/general construction supply housesSecurity/Home Automation

Electronic and communication wire and cables

Security, home automation, audio, data communication and fire
    safety

Security, audio-video, residential and commercial distributorsRVs

Machine tool wire, portable cords and adapters, and coaxial,
    speaker alarm and other cable

RV wiring products

Manufactured housing OEMs and RV aftermarket suppliersCopper Fabrication

Specialty copper products

Appliances, fire alarms, security systems, electronics,
    automotive, telecommunications, military, industrial, high
    temperature and geophysical

Other channels within the Combined Company and other small
    specialized wire and cable manufacturersConsumer OutletsRetail

Extension cords, trouble lights, surge and strip and electronic
    cable products

Wide variety of consumer applications

National and regional mass merchandisers, home centers, hardware
    distributors, warehouse clubs and other consumer retailersAutomotive Retail

Battery booster cables, battery cables and accessories

Broad spectrum of automotive applications

National and regional retailersCopperfield

Insulated copper wire and fabricated copper wire

Wide variety of applications in the transportation, industrial
    distribution, appliance and OEM markets

OEMs and specialty distributors  F-25




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
      2007


2006


2005Net sales:Electrical/Wire & Cable Distributors

$
146,020


$
147,411


$
114,561Specialty Distributors & OEMs


223,159



219,957



171,926Consumer Outlets


98,369



55,990



59,694Copperfield


396,596







Consolidated net sales

$
864,144


$
423,358


$
346,181Operating income:Electrical/Wire & Cable Distributors

$
14,367


$
23,830


$
13,643Specialty Distributors & OEMs


21,061



28,096



14,693Consumer Outlets


10,559



3,421



3,465Copperfield


12,888







58,875



55,347



31,801Corporate


(7,050
)


(6,787
)


(4,029
)Consolidated operating income

$
51,825


$
48,560


$
27,772     Net Sales by Groups of Products

2007


2006


2005Industrial Wire and Cable

$
312,105


$
199,804


$
151,607Electronic Wire


402,146



124,788



96,787Assembled Wire and Cable Products


120,940



83,400



87,084Fabricated Bare Wire


28,953



15,366



10,703Total

$
864,144


$
423,358


$
346,181     16.
    SUPPLEMENTAL
    GUARANTOR INFORMATION   F-26




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  CONSOLIDATING
    STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31,
    2007
  Guarantor


Non GuarantorParent


Subsidiaries


Subsidiary


Eliminations


TotalNet sales

$
446,652


$
433,052


$
3,395


$
(18,955
)

$
864,144Cost of goods sold


371,639



385,942



1,970







759,551Gross profit


75,013



47,110



1,425



(18,955
)


104,593Selling, engineering, general and administrative expenses


38,740



23,997



476



(18,955
)


44,258Intangible amortization


14



7,613



9







7,636Restructuring charges


595



279











874Operating income


35,664



15,221



940







51,825Interest expense, net


19,039



8,437



43







27,519Other income


42







(1
)






41Income before income taxes


16,583



6,784



898







24,265Income tax expense


8,697



429



249







9,375Income from subsidiaries


7,004











(7,004
)


Net income

$
14,890


$
6,355


$
649


$
(7,004
)

$
14,890   CONSOLIDATING
    STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31,
    2006
  GuarantorParent


Subsidiaries


Eliminations


TotalNet sales

$
407,389


$
30,641


$
(14,672
)

$
423,358Cost of goods sold


327,840



13,802







341,642Gross profit


79,549



16,839



(14,672
)


81,716Selling, engineering, general and administrative expenses


32,834



13,598



(14,672
)


31,760Restructuring charges


1,396











1,396Operating income


45,319



3,241







48,560Interest expense, net


14,996



937







15,933Other loss, net


497











497Income before income taxes


29,826



2,304







32,130Income tax expense


2,219



552







2,771Income from guarantor subsidiaries


1,752







(1,752
)


Net income

$
29,359


$
1,752


$
(1,752
)

$
29,359  F-27




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  CONSOLIDATING
    STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31,
    2005
  GuarantorParent


Subsidiaries


Eliminations


TotalNet sales

$
328,421


$
29,747


$
(11,987
)

$
346,181Cost of goods sold


283,184



9,571







292,755Gross profit


45,237



20,176



(11,987
)


53,426Selling, engineering, general and administrative expenses


24,458



13,183



(11,987
)


25,654Operating income


20,779



6,993







27,772Interest expense, net


15,089



517







15,606Other income






(1,267
)






(1,267
)Income before income taxes


5,690



7,743







13,433Income tax expense


57



2,241







2,298Income from guarantor subsidiaries


5,502







(5,502
)


Net income

$
11,135


$
5,502


$
(5,502
)

$
11,135  F-28




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  CONSOLIDATING
    BALANCE SHEET AS OF DECEMBER 31, 2007
  Guarantor


Non GuarantorParent


Subsidiaries


Subsidiary


Eliminations


TotalASSETSCURRENT ASSETS:Cash and cash equivalents

$
3,822


$
14


$
5,041


$



$
8,877Accounts receivable, net of allowances


83,596



68,533



7,004







159,133Intercompany receivable


27,006



17,273



1,736



(46,015
)


Inventories, net


80,231



51,303



6,825







138,359Deferred income taxes


3,169



607











3,776Assets held for sale


661















661Prepaid expenses and other current assets


7,839



3,167



187



(2,546
)


8,647Total current assets


206,324



140,897



20,793



(48,561
)


319,453PROPERTY, PLANT AND EQUIPMENT, NET


16,352



63,104



507







79,963GOODWILL


62,413



43,638



2,410







108,461INTANGIBLE ASSETS, NET


1,022



56,788



371







58,181OTHER ASSETS, NET


8,811



783











9,594INVESTMENT IN SUBSIDIARIES


260,247











(260,247
)


TOTAL ASSETS

$
555,169


$
305,210


$
24,081


$
(308,808
)

$
575,652LIABILITIES AND SHAREHOLDERS EQUITYCURRENT LIABILITIES:Current portion of long-term debt

$
310


$
626


$



$



$
936Accounts payable


25,515



21,586



2,418







49,519Intercompany payable


19,009



27,006







(46,015
)


Accrued liabilities


24,051



11,217



5,751



(2,546
)


38,473Total current liabilities


68,885



60,435



8,169



(48,561
)


88,928LONG-TERM DEBT


366,635



270











366,905LONG-TERM LIABILITIES, NET






281











281DEFERRED INCOME TAXES


23,519



48











23,567Common stock


17















17Additional paid in capital


83,709



215,341



15,421



(230,762
)


83,709Accumulated other comprehensive income


111







(159
)






(48
)Retained earnings


12,293



28,835



650



(29,485
)


12,293Total shareholders equity


96,130



244,176



15,912



(260,247
)


95,971TOTAL LIABILITIES AND SHAREHOLDERS EQUITY

$
555,169


$
305,210


$
24,081


$
(308,308
)

$
575,652  F-29




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  CONSOLIDATING
    BALANCE SHEET AS OF DECEMBER 31, 2006
  GuarantorParent


Subsidiaries


Eliminations


TotalASSETSCURRENT ASSETS:Cash and cash equivalents

$
14,719


$
15


$



$
14,734Accounts receivable, net of allowances


60,789



1,529







62,318Intercompany receivable






16,168



(16,168
)


Inventories, net


60,007



6,758







66,765Deferred income taxes


1,931



205







2,136Prepaid expenses and other current assets


2,268



1,838



(1,367
)


2,739Total current assets


139,714



26,513



(17,535
)


148,692PROPERTY, PLANT AND EQUIPMENT, NET


16,197



5,625







21,822GOODWILL AND INTELLECTUAL PROPERTY, NET


60,487



141







60,628INTANGIBLE ASSETS, NET


10











10OTHER ASSETS, NET


4,590



3







4,593INVESTMENT IN SUBSIDIARIES


22,480







(22,480
)


TOTAL ASSETS

$
243,478


$
32,282


$
(40,015
)

$
235,745LIABILITIES AND SHAREHOLDERS EQUITYCURRENT LIABILITIES:Current portion of long-term debt

$
356


$
580


$



$
936Accounts payable


12,245



846







13,091Intercompany payable


12,676



3,492



(16,168
)


Accrued liabilities


17,049



3,900



(1,367
)


19,582Total current liabilities


42,326



8,818



(17,535
)


33,609LONG-TERM DEBT


120,686



885







121,571DEFERRED INCOME TAXES


2,625



99







2,724Common stock


17











17Additional paid in capital


80,421



1



(1
)


80,421Retained earnings (accumulated deficit)


(2,597
)


22,479



(22,479
)


(2,597
)Total shareholders equity


77,841



22,480



(22,480
)


77,841TOTAL LIABILITIES AND SHAREHOLDERS EQUITY

$
243,478


$
32,282


$
(40,015
)

$
235,745  F-30




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  CONSOLIDATING
    STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31,
    2007
  Guarantor


Non-GuarantorParent


Subsidiaries


Subsidiary


Eliminations


TotalCASH FLOW FROM OPERATING ACTIVITIES:Net income

$
14,890


$
6,355


$
649


$
(7,004
)

$
14,890Adjustments to reconcile net income (loss) to net cash flow from
    operating activities:Depreciation and amortization


4,604



17,055



3







21,662Stock-based compensation


3,739















3,739Deferred tax provision


(3,188
)


(501
)










(3,689
)Loss on sale of fixed assets  net


(44
)


24











(20
)Equity in consolidated subsidiary


(7,004
)










7,004



Changes in operating assets and liabilities:Accounts receivable


(784
)


(5,412
)


1,590







(4,606
)Inventories


(685
)


(2,944
)


735







(2,894
)Prepaid expenses and other assets


(5,247
)


(731
)


(168
)


1,179



(4,967
)Accounts payable


7,611



(13,428
)


(560
)






(6,377
)Intercompany accounts


2,555



(1,093
)


(1,462
)






Accrued liabilities


4,325



3,441



(532
)


(1,179
)


6,055Net cash flow from operating activities


20,772



2,766



255







23,793CASH FLOW FROM INVESTING ACTIVITIES:Capital expenditures


(3,165
)


(2,822
)


(23
)






(6,010
)Acquisition of businesses, net cash acquired


(268,562
)


639



4,785







(263,138
)Proceeds from the sale of fixed assets


17















17Proceeds from the sale of investment


59















59Net cash flow from investing activities


(271,651
)


(2,183
)


4,762







(269,072
)CASH FLOW FROM FINANCING ACTIVITIES:Borrowings under revolving loan facilities to fund acquisitions
    including issue costs


127,080















127,080Net borrowings (repayments) under revolving loan facilities


(5,450
)














(5,450
)Proceeds of issuance of common stock, net


(451
)














(451
)Repayment of long-term debt


(549
)


(584
)










(1,133
)Borrowings of long-term debt


119,352















119,352Net cash flow from financing activities


239,982



(584
)










239,398Effect of exchange rate on cash and cash equivalents










24







24INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS


(10,897
)


(1
)


5,041







(5,857
)CASH AND CASH EQUIVALENTS  Beginning of year


14,719



15











14,734CASH AND CASH EQUIVALENTS  End of year

$
3,822


$
14


$
5,041


$



$
8,877NONCASH ACTIVITYCapital lease obligations

$
35


$
15


$



$



$
50Unpaid capital expenditures


45



1,408











1,453  F-31




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  CONSOLIDATING
    STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31,
    2006
  GuarantorParent


Subsidiaries


Eliminations


TotalCASH FLOW FROM OPERATING ACTIVITIES:Net income

$
29,359


$
1,752


$
(1,752
)

$
29,359Adjustments to reconcile net income (loss) to net cash flow from
    operating activities:Depreciation and amortization


5,470



912







6,382Noncash interest income














Stock-based compensation


1,412











1,412Deferred tax provision


694



(15
)






679Loss on sale of fixed assets  net


359



143







502Gain on sale of investment  net


(11
)










(11
)Equity in consolidated subsidiary


(1,752
)






1,752



Changes in operating assets and liabilities:Accounts receivable


(3,387
)


(91
)






(3,478
)Inventories


1,275



(151
)






1,124Prepaid expenses and other assets


(252
)


(973
)


1,367



142Accounts payable


(8,745
)


(124
)






(8,869
)Intercompany accounts


360



(360
)






Accrued liabilities


4,430



(257
)


(1,367
)


2,806Net cash flow from operating activities


29,212



836







30,048CASH FLOW FROM INVESTING ACTIVITIES:Capital expenditures


(2,332
)


(370
)






(2,702
)Proceeds from the sale of fixed assets


42











42Proceeds from the sale of investment


82











82Net cash flow from investing activities


(2,208
)


(370
)






(2,578
)CASH FLOW FROM FINANCING ACTIVITIES:Net borrowings (repayments) under revolving loan facilities


(46,000
)










(46,000
)Proceeds of issuance of common stock, net


114,851











114,851Repayment of long-term debt


(322
)


(471
)






(793
)Borrowings of long-term debt














Repurchase of common stock


(61,384
)










(61,384
)Dividends paid to shareholders


(19,468
)










(19,468
)Net cash flow from financing activities


(12,323
)


(471
)






(12,794
)INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS


14,681



(5
)






14,676CASH AND CASH EQUIVALENTS  Beginning of year


38



20







58CASH AND CASH EQUIVALENTS  End of year

$
14,719


$
15


$



$
14,734  F-32




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  CONSOLIDATING
    STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31,
    2005
  GuarantorParent


Subsidiaries


Eliminations


TotalCASH FLOW FROM OPERATING ACTIVITIES:Net income

$
11,135


$
5,502


$
(5,502
)

$
11,135Adjustments to reconcile net income (loss) to net cash flow from
    operating activities:Depreciation and amortization


4,867



925







5,792Noncash interest income






(110
)






(110
)Deferred tax provision






(581
)






(581
)Gain on sale of fixed assets  net


(7
)










(7
)Gain on sale of investment  net






(1,267
)






(1,267
)Equity in consolidated subsidiary


(5,502
)






5,502



Changes in operating assets and liabilities:Accounts receivable


(57,402
)


47,175







(10,227
)Inventories


(14,079
)


(3,676
)






(17,755
)Prepaid expenses and other assets


1,051



(168
)


(2,300
)


(1,417
)Accounts payable


1,726



259







1,985Intercompany accounts


46,705



(46,705
)






Accrued liabilities


919



(1,107
)


2,300



2,112Net cash flow from operating activities


(10,587
)


247







(10,340
)CASH FLOW FROM INVESTING ACTIVITIES:Capital expenditures


(5,908
))


(263
)






(6,171
)Proceeds from the sale of fixed assets






4,382







4,382Net cash flow from investing activities


(5,908
)


4,119







(1,789
)CASH FLOW FROM FINANCING ACTIVITIES:Net borrowings (repayments) under revolving loan facilities


16,180











16,180Early retirement of debt






(3,822
)






(3,822
)Repayment of long-term debt


(407
)


(534
)






(941
)Dividends paid to shareholders


(264
)










(264
)Net cash flow from financing activities


15,509



(4,356
)






11,153INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS


(986
)


10







(976
)CASH AND CASH EQUIVALENTS  Beginning of year


1,024



10







1,034CASH AND CASH EQUIVALENTS  End of year

$
38


$
20


$



$
58NON CASH ACTIVITYReduction in carrying value of Oswego fixed assets and capital
    lease obligations






1,878







1,878Capital Lease obligations






34







34Unpaid capital expenditures


166











166  F-33




---



##### Table of Contents



COLEMAN
    CABLE, INC. AND SUBSIDIARIES
  NOTES TO
    CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  17.
    QUARTERLY
    RESULTS (UNAUDITED)  First


Second


Third


Fourth


Total2007


2006


2007


2006


2007


2006


2007


2006


2007


2006Total Net Sales

$
109,396


$
90,798


$
247,018


$
114,414


$
253,453


$
114,925


$
254,277


$
103,221


$
864,144


$
423,358Gross Profit


16,486



16,569



28,378



24,628



29,166



24,228



30,563



16,291



104,593



81,716Total Operating Income


7,642



9,827



14,647



17,160



14,838



14,179



14,698



7,394



51,825



48,560Total Net Income


2,794



5,108



4,098



12,795



4,043



9,759



3,955



1,697



14,890



29,359Net Income Per ShareBasic


0.17



0.40



0.24



1.00



0.24



0.77



0.24



0.12



0.89



2.15Diluted


0.17



0.40



0.24



1.00



0.24



0.77



0.24



0.12



0.88



2.15          F-34




---



##### Table of Contents



SIGNATURES
    
  By
    /s/  G.
    Gary Yetman     POWER OF
    ATTORNEY
  Form 10-K Form 10-K
    /s/  G.
    Gary YetmanG.
    Gary Yetman

Director, President and Chief Executive Officer/s/  Richard
    N. BurgerRichard
    N. Burger

Executive Vice President, Chief Financial Officer,
    Secretary and Treasurer (Principal Financial and
    Accounting Officer)/s/  David
    BistricerDavid
    Bistricer

Director/s/  Nachum
    SteinNachum
    Stein

Director/s/  Shmuel
    D. LevinsonShmuel
    D. Levinson

Director/s/  James
    G. LondonJames
    G. London

Director/s/  Denis
    SpringerDenis
    Springer

Director/s/  Isaac
    NeubergerIsaac
    Neuberger

Director/s/  Harmon
    SpolanHarmon
    Spolan

Director/s/  Dennis
    MartinDennis
    Martin

Director  S-1




---



##### Table of Contents



Index to
    Exhibits
  Item No.



Description3
.1



Certificate of Incorporation of Coleman Cable, Inc., as filed
    with the Delaware Secretary of State on October 10, 2006,
    incorporated herein by reference to our Quarterly Report on Form
    10-Q for the quarter ended September 30, 2006.3
.2



Amended and Restated By-Laws of Coleman Cable, Inc., effective
    as of October 11, 2006, incorporated herein by reference to our
    Quarterly Report on Form 10-Q for the quarter ended September
    30, 2006.4
.1



Registration Rights Agreement dated September 28, 2004 between
    Coleman Cable, Inc. and Wachovia Capital Markets, LLC, as
    Initial Purchaser under the Purchase Agreement, incorporated
    herein by reference to our Form S-4 filed on April 26, 2005.4
.2



Indenture dated as of September 28, 2004 among Coleman Cable,
    Inc., the Note Guarantors from time to time party thereto and
    Deutsche Bank Trust Company Americas, as Trustee, incorporated
    herein by reference to our Form S-4 filed on April 26, 2005.4
.3



Registration Rights Agreement, dated October 11, 2006 between
    Coleman Cable, Inc. and Friedman, Billings, Ramsey & Co.,
    Inc., incorporated herein by reference to our Quarterly Report
    on Form 10-Q for the quarter ended September 30, 2006.4
.4



Shareholders Agreement, dated October 11, 2006 between Coleman
    Cable, Inc. and its Existing Holders, incorporated herein by
    reference to our Quarterly Report on Form 10-Q for the quarter
    ended September 30, 2006.10
.1



Amended and Restated Credit Agreement dated as of April 2, 2007
    among Coleman Cable, Inc., certain of its Subsidiaries, the
    Lenders named therein, and Wachovia Bank, National Association,
    as administration agent, incorporated herein by reference to our
    Quarterly Report on Form 10-Q for the quarter ended March 31,
    2007.10
.2



First Amendment to Amended and Restated Credit Agreement dated
    as of November 1, 2007 by and among Coleman Cable, Inc., certain
    of its Subsidiaries, the Lenders named therein, and Wachovia
    Bank, National Association, as administrative agent,
    incorporated herein by reference to our Form 8-K filed on
    November 2, 2007.10
.3



Lease dated as of September 11, 2003, by and between Panattoni
    Development Company, LLC and Coleman Cable, Inc., as
    subsequently assumed by HQ2 Properties, LLC pursuant to an
    Assignment and Assumption of Lease, dated as of August 15, 2005,
    amended by First Amendment to Lease, dated as of August 15,
    2005, by and between HQ2 Properties, LLC and Coleman Cable,
    Inc., incorporated herein by reference to our Quarterly Report
    on Form 10-Q for the quarter ended September 30, 2005.10
.4



Amended and Restated Employment Agreement, dated as of September
    1, 2006 by and between Coleman Cable, Inc. and G. Gary Yetman,
    incorporated herein by reference to our Quarterly Report on Form
    10-Q for the quarter ended September 30, 2006.10
.5



Amended and Restated Employment Agreement, dated as of September
    1, 2006 by and between Coleman Cable, Inc. and Richard N.
    Burger, incorporated herein by reference to our Quarterly Report
    on Form 10-Q for the quarter ended September 30, 2006.10
.6



Amended and Restated Employment Agreement, dated as of September
    1, 2006 by and between Coleman Cable, Inc. and Jeffrey D.
    Johnston Messrs. , incorporated herein by reference to our
    Quarterly Report on Form 10-Q for the quarter ended September
    30, 2006.*10
.7



Employment Agreement, dated March 9, 2007 between Coleman Cable,
    Inc. and Richard Carr, incorporated herein by reference to Post
    Effective Amendment No. 2 to Form S-1 filed on September 7, 2007.*10
.8



Employment Agreement, dated March 9, 2007 between Coleman Cable,
    Inc. and Mike Frigo, incorporated herein by reference to Post
    Effective Amendment No. 2 to Form S-1 filed on September 7, 2007.10
.9



Consulting Agreement dated as of October 11, 2006 by and between
    Coleman Cable, Inc. and David Bistricer, incorporated herein by
    reference to our Quarterly Report on Form 10-Q for the quarter
    ended September 30, 2006.10
.10



Consulting Agreement dated as of October 11, 2006 by and between
    Coleman Cable, Inc. and Nachum Stein, incorporated herein by
    reference to our Quarterly Report on Form 10-Q for the quarter
    ended September 30, 2006. E-1




---



##### Table of Contents



Item No.



Description10
.11



2006 Long-Term Incentive Plan, incorporated herein by reference
    to our Quarterly Report on Form 10-Q for the quarter ended
    September 30, 2006.*10
.12



First Amendment to the 2006 Long-Term Incentive Plan,
    incorporated herein by reference to our Proxy Statement filed on
    April 10, 2007.*10
.13



Form of Non-Qualified Stock Option Agreement Under the 2006
    Long-Term Incentive Plan, incorporated herein by reference to
    our Form S-1 filed on November 16, 2006.10
.14



Indemnification Agreement dated November 13, 2007 by and between
    Morgan Capital LLC and Coleman Cable, Inc., incorporated herein
    by reference to our Quarterly Report on Form 10-Q for the
    quarter ended September 30, 2007.21
.1



Subsidiaries.23
.1



Consent of Deloitte & Touche LLP.24
.1



Power of Attorney (included on signature page of this filing).31
.1



Certification of Chief Executive Officer pursuant to Section 302
    of the Sarbanes-Oxley Act of 2002.31
.2



Certification of Chief Financial Officer pursuant to Section 302
    of the Sarbanes-Oxley Act of 2002.32
.1



Certification of Chief Executive Officer and Chief Financial
    Officer pursuant to 18 U.S.C. Section 1350, adopted
    pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.     *
    
    Denotes management contract or compensatory plan or arrangement. E-2