UTAH MEDICAL PRODUCTS INC - 10-K filing on 2016-03-10

Note 1 - Summary of Significant Accounting Policies: Inventories (Policies)	12 Months Ended
Dec. 31, 2015
Policies
Inventories	Inventories Finished products, work-in-process, raw materials and supplies inventories are stated at the lower of cost (computed on a first-in, first-out method) or market (see note 2).

Note 1 - Summary of Significant Accounting Policies: Inventories (Policies)

12 Months Ended

Dec. 31, 2015

Finished products, work-in-process, raw materials and supplies inventories are stated at the lower of cost (computed on a first-in, first-out method) or market (see note 2).