| Balance Sheet for B.V.R. Systems Ltd. (BVRSF) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 1,520 | 3,421 | 3,057 | 2,664 | 1,627 | | Marketable Securities | - | - | - | - | - | | Receivables | 2,544 | 4,523 | 1,770 | 4,273 | 4,857 | | Inventories | 1,322 | 2,021 | 2,076 | 2,221 | 2,441 | | Other Current Assets | 39 | - | - | - | - | | Total Current Assets | 6,916 | 11,054 | 9,174 | 11,721 | 8,925 | | | Gross Fixed Assets | 10,515 | 10,379 | 10,037 | 9,712 | 9,538 | | Accumulated Depreciation | (9,635) | (9,514) | (9,193) | (8,864) | (8,378) | | Net Fixed Assets | 880 | 865 | 844 | 848 | 1,160 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 2,364 | 1,374 | 93 | 1,114 | 1,318 | | Total Non-Current Assets | 3,244 | 2,239 | 937 | 1,962 | 2,478 | | Total Assets | 10,160 | 13,293 | 10,111 | 13,683 | 11,403 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 1,922 | 1,487 | 1,564 | 2,204 | 3,268 | | Short Term Debt | 1,086 | 636 | 637 | 637 | 10,546 | | Other Current Liabilities | 3,731 | 3,796 | 2,931 | 6,131 | 6,704 | | Total Current Liabilities | 8,411 | 7,567 | 5,132 | 8,972 | 20,518 | | | Long Term Debt | - | - | 516 | 1,033 | 601 | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 189 | 320 | 686 | 69 | - | | Minority Interest | - | - | - | - | 460 | | Total Non-Current Liabilities | 189 | 320 | 1,202 | 1,102 | 1,061 | | Total Liabilities | 8,600 | 7,887 | 6,334 | 10,074 | 21,579 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 1,560 | 5,406 | 3,777 | 3,609 | (10,176) | | Total Equity | 1,560 | 5,406 | 3,777 | 3,609 | (10,176) | | Total Liabilities & Stock Equity | 10,160 | 13,293 | 10,111 | 13,683 | 11,403 | | | |
