Baker Hughes Inc. has completed its review of the accounting issues previously identified at its INTEQ division and will restate prior period results by $31 million on a cumulative after-tax basis ($33.1 million pre-tax) to address these issues. Completion of the review revealed that these misstatements occurred over a number of years, with approximately $24 million (after-tax) of the adjustments relating to periods prior to 1995. All adjustments have been made to income from continuing operations. Although the amounts were attributable to several INTEQ locations, $24.2 million of the after-tax amount was related to INTEQ's Venezuelan operations. "I am glad to be able to tell you that we have looked at these issues closely and have quantified them with certainty,'' said Joe B.