| Balance Sheet for ADAES Inc. (ADES) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 13,482 | 16,129 | 14,026 | 2,108 | 777 | | Marketable Securities | 1,916 | 2,427 | 2,515 | 713 | - | | Receivables | 4,449 | 3,522 | 3,014 | 1,198 | 1,065 | | Inventories | - | - | - | 48 | 82 | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 20,129 | 22,439 | 19,838 | 4,267 | 2,041 | | | Gross Fixed Assets | 2,622 | 1,830 | 1,663 | 1,345 | 1,251 | | Accumulated Depreciation | (1,372) | (1,033) | (1,013) | (896) | (791) | | Net Fixed Assets | 1,250 | 797 | 650 | 449 | 460 | | Intangibles | 247 | 241 | 2,180 | 2,170 | 2,136 | | Other Non-Current Assets | 11,256 | 6,253 | 6,048 | 6,194 | - | | Total Non-Current Assets | 14,777 | 9,315 | 8,878 | 8,813 | 2,659 | | Total Assets | 34,906 | 31,754 | 28,716 | 13,080 | 4,700 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 4,285 | 2,352 | 1,706 | 433 | 162 | | Short Term Debt | - | - | - | - | 122 | | Other Current Liabilities | - | - | - | - | - | | Total Current Liabilities | 6,036 | 3,892 | 2,820 | 1,038 | 683 | | | Long Term Debt | - | - | - | - | 796 | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 318 | 184 | 40 | 32 | 248 | | Minority Interest | 148 | 37 | - | - | - | | Total Non-Current Liabilities | 466 | 221 | 40 | 32 | 1,044 | | Total Liabilities | 6,502 | 4,113 | 2,860 | 1,070 | 1,727 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 28,404 | 27,641 | 25,856 | 12,010 | 2,973 | | Total Equity | 28,404 | 27,641 | 25,856 | 12,010 | 2,973 | | Total Liabilities & Stock Equity | 34,906 | 31,754 | 28,716 | 13,080 | 4,700 | | | |
