<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 11-K
{X} ANNUAL REPORT PURSUANT TO SECTION 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
FOR THE FISCAL YEAR ENDED DECEMBER 31, 1993
OR
{ } TRANSITION REPORT PURSUANT TO SECTION 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
COMMISSION FILE NUMBER 0-16214
ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PROGRAM
(TITLE OF PLAN)
ALBANY INTERNATIONAL CORP.
(ISSUER OF SECURITIES)
1373 BROADWAY
ALBANY, NEW YORK 12204
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICE)
1
<PAGE>
ITEM 4:
PAGE
FINANCIAL STATEMENTS
Albany International Corp. Prosperity Plus 401(k) Plan
Report of Independent Accountants 3
Statements of net assets available for plan
benefits as of December 31, 1993 and 1992 4
Statements of changes in net assets available for plan
benefits for the years ended December 31, 1993 and 1992 5
Notes to financial statements 6-14
Supplemental schedule of assets held for investment 15
Supplemental schedule of 5% transactions 16
Albany International Corp. Prosperity Plus Employee
Stock Ownership Plan
Report of Independent Accountants 17
Statements of net assets available for plan
benefits as of December 31, 1993 and 1992 18
Statements of changes in net assets available for plan
benefits for the years ended December 31, 1993 and 1992 19
Notes to financial statements 20-27
Supplemental schedule of assets held for investment 28
Supplemental schedule of 5% transactions 29-30
EXHIBITS
Consent of Independent Accountants 31
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
trustees (or other persons who administer the plan) have duly caused this annual
report to be signed on its behalf by the undersigned thereunto duly authorized.
Albany International Corp.
Prosperity Plus Savings Program
DATE: June 30, 1994 BY: Michael C. Nahl
--------------- ---------------------------
Michael C. Nahl
Employee Benefits Committee
2