| Balance Sheet for Action Products International Inc. (APII) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 44 | 370 | 59 | 722 | 840 | | Marketable Securities | 475 | 157 | 437 | 140 | - | | Receivables | 4,664 | 1,914 | 2,753 | 2,489 | 1,041 | | Inventories | 2,132 | 1,545 | 2,092 | 1,544 | 921 | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 7,512 | 4,249 | 5,816 | 5,158 | 3,034 | | | Gross Fixed Assets | 3,650 | 3,584 | 3,486 | 3,279 | 3,135 | | Accumulated Depreciation | (2,761) | (2,584) | (2,291) | (2,020) | (1,737) | | Net Fixed Assets | 889 | 1,000 | 1,196 | 1,260 | 1,398 | | Intangibles | - | 69 | 1,405 | 1,382 | 782 | | Other Non-Current Assets | 276 | 27 | 147 | 125 | 164 | | Total Non-Current Assets | 2,571 | 2,501 | 2,748 | 2,767 | 2,344 | | Total Assets | 10,083 | 6,750 | 8,564 | 7,925 | 5,378 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 1,812 | 469 | 169 | 88 | 92 | | Short Term Debt | 2,102 | 1,220 | 805 | 1,607 | 782 | | Other Current Liabilities | 90 | 64 | 27 | 104 | 25 | | Total Current Liabilities | 4,598 | 2,583 | 1,762 | 2,321 | 1,403 | | | Long Term Debt | - | - | 41 | 437 | 533 | | Deferred Income Tax | - | - | - | 50 | 14 | | Other Non-Current Liabilities | - | - | 25 | - | 75 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | - | - | 66 | 487 | 622 | | Total Liabilities | 4,598 | 2,583 | 1,828 | 2,808 | 2,025 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 5,486 | 4,168 | 6,736 | 5,117 | 3,353 | | Total Equity | 5,486 | 4,168 | 6,736 | 5,117 | 3,353 | | Total Liabilities & Stock Equity | 10,083 | 6,750 | 8,564 | 7,925 | 5,378 | | | |
