| Balance Sheet for BluePhoenix Solutions Ltd. (BPHX) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 25,962 | 11,627 | 10,791 | 9,363 | 11,105 | | Marketable Securities | 668 | 1,053 | - | 177 | 406 | | Receivables | 24,430 | 27,238 | 18,143 | 15,995 | 12,780 | | Inventories | - | - | - | - | - | | Other Current Assets | 1,282 | 650 | 2,495 | 745 | 1,447 | | Total Current Assets | 53,327 | 42,265 | 31,429 | 27,921 | 26,027 | | | Gross Fixed Assets | 12,813 | 12,092 | 11,465 | 10,614 | 8,920 | | Accumulated Depreciation | (10,279) | (9,945) | (9,305) | (7,921) | (6,121) | | Net Fixed Assets | 2,534 | 2,147 | 2,160 | 2,693 | 2,799 | | Intangibles | 35,783 | 36,826 | 38,832 | 37,090 | 40,265 | | Other Non-Current Assets | 719 | 1,390 | 27,270 | 23,178 | 11,729 | | Total Non-Current Assets | 93,531 | 85,201 | 68,262 | 62,961 | 54,793 | | Total Assets | 146,858 | 127,466 | 99,691 | 90,882 | 80,820 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 4,272 | 4,594 | 3,088 | 4,382 | 3,425 | | Short Term Debt | 67 | 5,091 | 14,095 | 7,214 | 8,342 | | Other Current Liabilities | 15,749 | 5,364 | 6,924 | 7,385 | 10,980 | | Total Current Liabilities | 28,028 | 24,404 | 26,883 | 21,564 | 25,781 | | | Long Term Debt | 135 | 34,076 | 12,731 | 12,686 | 2,065 | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 1,802 | 3,689 | 3,280 | 3,131 | 2,886 | | Minority Interest | 5,185 | 5,348 | 5,031 | 4,870 | 4,690 | | Total Non-Current Liabilities | 7,122 | 43,113 | 21,042 | 20,687 | 9,641 | | Total Liabilities | 35,150 | 67,517 | 47,925 | 42,251 | 35,422 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 111,708 | 59,949 | 51,766 | 48,631 | 45,398 | | Total Equity | 111,708 | 59,949 | 51,766 | 48,631 | 45,398 | | Total Liabilities & Stock Equity | 146,858 | 127,466 | 99,691 | 90,882 | 80,820 | | | |
