| Balance Sheet for Depomed Inc. (DEPO) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 14,374 | 14,574 | 7,566 | 953 | 20,045 | | Marketable Securities | 39,091 | 16,985 | 51,508 | 17,152 | 24,211 | | Receivables | 3,623 | 9,082 | 1,956 | - | 278 | | Inventories | 3,263 | 4,483 | 865 | - | - | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 62,769 | 47,880 | 63,002 | 18,547 | 45,226 | | | Gross Fixed Assets | 8,791 | 8,762 | 8,281 | 7,673 | 4,952 | | Accumulated Depreciation | (7,170) | (6,220) | (5,134) | (3,732) | (2,812) | | Net Fixed Assets | 1,621 | 2,541 | 3,147 | 3,941 | 2,141 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 16,255 | 2,196 | 229 | 380 | 326 | | Total Non-Current Assets | 17,876 | 4,737 | 3,376 | 4,321 | 2,467 | | Total Assets | 80,645 | 52,617 | 66,378 | 22,869 | 47,693 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 1,134 | 4,886 | 1,589 | 1,733 | 2,024 | | Short Term Debt | - | - | - | 105 | 316 | | Other Current Liabilities | 6,545 | 4,881 | 139 | 93 | - | | Total Current Liabilities | 14,334 | 22,339 | 8,071 | 3,474 | 3,619 | | | Long Term Debt | - | - | - | 10,281 | 9,485 | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 20,791 | 57,567 | 51,545 | 711 | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 20,791 | 57,567 | 51,545 | 10,992 | 9,498 | | Total Liabilities | 35,125 | 79,906 | 59,617 | 14,465 | 13,116 | | | Preferred Stock Equity | 12,015 | 12,015 | 12,015 | 12,015 | 12,015 | | Common Stock Equity | 33,505 | (39,303) | (5,254) | (3,612) | 22,561 | | Total Equity | 45,520 | (27,288) | 6,761 | 8,403 | 34,576 | | Total Liabilities & Stock Equity | 80,645 | 52,617 | 66,378 | 22,869 | 47,693 | | | |
