| Balance Sheet for Descartes Systems Group Inc. (DSGX) | | | | | | | Assets | in Thousands of Dollars | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | 01/2004 | | | Cash and Equivalents | 44,091 | 19,370 | 27,634 | 17,220 | 13,187 | | Marketable Securities | - | 2,551 | 5,367 | 31,534 | 34,636 | | Receivables | 11,735 | 7,516 | 5,650 | 8,105 | 16,487 | | Inventories | - | - | - | - | - | | Other Current Assets | 833 | 2,000 | - | - | - | | Total Current Assets | 61,183 | 32,356 | 39,302 | 58,184 | 67,355 | | | Gross Fixed Assets | 21,506 | 17,665 | 15,054 | 14,774 | 32,925 | | Accumulated Depreciation | (14,784) | (10,899) | (9,015) | (7,808) | (19,473) | | Net Fixed Assets | 6,722 | 6,766 | 6,039 | 6,966 | 13,452 | | Intangibles | 18,914 | 10,953 | 1,429 | 4,122 | 26,302 | | Other Non-Current Assets | - | 833 | - | 3,300 | 21,649 | | Total Non-Current Assets | 65,211 | 38,978 | 7,468 | 14,388 | 61,403 | | Total Assets | 126,394 | 71,334 | 46,770 | 72,573 | 128,758 | | | Liabilities | in Thousands of Dollars | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | 01/2004 | | | Accounts Payable | 3,054 | 3,391 | 1,828 | 1,805 | 4,743 | | Short Term Debt | - | - | - | 26,996 | - | | Other Current Liabilities | 783 | - | - | - | - | | Total Current Liabilities | 12,101 | 8,585 | 8,354 | 36,834 | 11,212 | | | Long Term Debt | - | - | - | - | 25,349 | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 1,570 | - | - | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 1,570 | - | - | - | 25,349 | | Total Liabilities | 13,671 | 8,585 | 8,354 | 36,835 | 36,561 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 112,723 | 62,749 | 38,416 | 35,738 | 92,197 | | Total Equity | 112,723 | 62,749 | 38,416 | 35,738 | 92,197 | | Total Liabilities & Stock Equity | 126,394 | 71,334 | 46,770 | 72,573 | 128,758 | | | |
