| Balance Sheet for Bovie Medical Corp. (BVX) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 3,535 | 2,953 | 1,295 | 2,295 | 306 | | Marketable Securities | - | - | - | - | - | | Receivables | 2,525 | 2,818 | 2,317 | 1,954 | 1,708 | | Inventories | 4,522 | 3,609 | 2,997 | 2,002 | 2,451 | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 11,464 | 10,168 | 7,331 | 6,966 | 5,242 | | | Gross Fixed Assets | 6,439 | 5,628 | 4,527 | 3,680 | 3,186 | | Accumulated Depreciation | (3,017) | (2,411) | (1,932) | (1,563) | (1,286) | | Net Fixed Assets | 3,421 | 3,217 | 2,596 | 2,116 | 1,900 | | Intangibles | 3,891 | 3,279 | 1,823 | 1,598 | 1,655 | | Other Non-Current Assets | 44 | 21 | 21 | 339 | 438 | | Total Non-Current Assets | 7,357 | 6,517 | 4,440 | 4,053 | 3,992 | | Total Assets | 18,821 | 16,686 | 11,771 | 11,019 | 9,234 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 807 | 916 | 868 | 620 | 680 | | Short Term Debt | - | 162 | 348 | 32 | 35 | | Other Current Liabilities | 86 | 91 | - | 194 | 112 | | Total Current Liabilities | 1,703 | 2,087 | 1,829 | 1,414 | 1,404 | | | Long Term Debt | - | - | - | 348 | 380 | | Deferred Income Tax | 8 | - | - | - | - | | Other Non-Current Liabilities | 318 | 418 | - | - | - | | Minority Interest | - | 120 | 140 | - | - | | Total Non-Current Liabilities | 326 | 538 | 140 | 348 | 380 | | Total Liabilities | 2,029 | 2,625 | 1,969 | 1,762 | 1,784 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 16,792 | 14,060 | 9,802 | 9,257 | 7,450 | | Total Equity | 16,792 | 14,060 | 9,802 | 9,257 | 7,450 | | Total Liabilities & Stock Equity | 18,821 | 16,686 | 11,771 | 11,019 | 9,234 | | | |