| Balance Sheet for D&E Communications Inc. (DECC) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 17,845 | 3,101 | 10,325 | 8,517 | 12,446 | | Marketable Securities | - | 7,746 | - | - | - | | Receivables | 14,688 | 16,037 | 17,215 | 16,570 | 20,956 | | Inventories | 2,666 | 2,704 | 3,645 | 3,523 | 3,552 | | Other Current Assets | 2,520 | 1,150 | 1,243 | 2,465 | 1,141 | | Total Current Assets | 40,606 | 34,048 | 40,622 | 39,541 | 47,009 | | | Gross Fixed Assets | 403,307 | 386,134 | 371,972 | 344,651 | 326,684 | | Accumulated Depreciation | (237,243) | (214,722) | (192,259) | (162,078) | (137,533) | | Net Fixed Assets | 166,064 | 171,412 | 179,713 | 182,573 | 189,151 | | Intangibles | 148,376 | 153,072 | 307,020 | 316,428 | 322,721 | | Other Non-Current Assets | 8,512 | 8,375 | 8,317 | 8,243 | 15,367 | | Total Non-Current Assets | 460,575 | 476,526 | 495,050 | 507,244 | 527,239 | | Total Assets | 501,181 | 510,574 | 535,672 | 546,785 | 574,248 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 17,188 | 10,762 | 18,962 | 7,338 | 18,507 | | Short Term Debt | 7,071 | 7,066 | 10,000 | 10,000 | 11,001 | | Other Current Liabilities | 4,709 | - | 11,087 | 11,585 | 10,323 | | Total Current Liabilities | 30,877 | 26,944 | 44,730 | 43,788 | 43,900 | | | Long Term Debt | 186,879 | 199,950 | 205,500 | 218,500 | 222,765 | | Deferred Income Tax | 70,977 | 74,849 | 79,063 | 86,402 | 88,295 | | Other Non-Current Liabilities | 23,128 | 21,806 | 20,587 | 20,530 | 17,248 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 282,430 | 298,051 | 306,596 | 326,878 | 329,754 | | Total Liabilities | 313,307 | 324,995 | 351,326 | 370,666 | 373,654 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 187,874 | 185,579 | 184,346 | 176,119 | 200,594 | | Total Equity | 187,874 | 185,579 | 184,346 | 176,119 | 200,594 | | Total Liabilities & Stock Equity | 501,181 | 510,574 | 535,672 | 546,785 | 574,248 | | | |
