| Balance Sheet for Basic Earth Science Systems Inc. (BSIC) | | | | | | | Assets | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Cash and Equivalents | 5,571 | 2,523 | 78 | 892 | 424 | | Marketable Securities | - | - | - | - | - | | Receivables | 1,346 | 1,261 | 1,315 | 1,007 | 626 | | Inventories | - | - | - | - | - | | Other Current Assets | 280 | 262 | 297 | 179 | 173 | | Total Current Assets | 7,197 | 4,046 | 1,690 | 2,078 | 1,223 | | | Gross Fixed Assets | 32,008 | 29,179 | 27,506 | 38,516 | 36,196 | | Accumulated Depreciation | (18,515) | (17,842) | (17,564) | (32,394) | (31,883) | | Net Fixed Assets | 13,493 | 11,337 | 9,942 | 6,122 | 4,313 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | - | 69 | 218 | 215 | 214 | | Total Non-Current Assets | 13,493 | 11,406 | 10,160 | 6,337 | 4,527 | | Total Assets | 20,690 | 15,452 | 11,850 | 8,415 | 5,750 | | | Liabilities | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Accounts Payable | 1,443 | 744 | 389 | 406 | 256 | | Short Term Debt | - | - | - | - | - | | Other Current Liabilities | - | - | - | - | - | | Total Current Liabilities | 4,029 | 1,989 | 1,473 | 1,504 | 966 | | | Long Term Debt | - | - | 445 | - | - | | Deferred Income Tax | 2,800 | 581 | - | - | - | | Other Non-Current Liabilities | 1,877 | 1,802 | 1,372 | 1,175 | 902 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 4,677 | 2,383 | 1,817 | 1,175 | 902 | | Total Liabilities | 8,706 | 4,372 | 3,290 | 2,679 | 1,868 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 11,984 | 11,080 | 8,560 | 5,736 | 3,882 | | Total Equity | 11,984 | 11,080 | 8,560 | 5,736 | 3,882 | | Total Liabilities & Stock Equity | 20,690 | 15,452 | 11,850 | 8,415 | 5,750 | | | |
