| Balance Sheet for Deswell Industries Inc. (DSWL) | | | | | | | Assets | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Cash and Equivalents | 22,718 | 24,549 | 25,369 | 28,073 | 30,193 | | Marketable Securities | 116 | 107 | 164 | 244 | - | | Receivables | 22,796 | 23,916 | 18,318 | 25,111 | 19,084 | | Inventories | 26,462 | 29,495 | 21,845 | 21,136 | 16,174 | | Other Current Assets | 1,594 | 1,923 | 4,689 | - | - | | Total Current Assets | 73,901 | 80,343 | 71,380 | 80,365 | 68,793 | | | Gross Fixed Assets | 111,373 | 98,026 | 93,402 | 86,221 | 69,963 | | Accumulated Depreciation | (45,488) | (37,869) | (35,116) | (30,088) | (25,702) | | Net Fixed Assets | 65,885 | 60,157 | 58,286 | 56,133 | 44,261 | | Intangibles | - | - | - | 478 | 478 | | Other Non-Current Assets | - | - | - | - | 2 | | Total Non-Current Assets | 66,506 | 60,867 | 59,290 | 56,611 | 44,741 | | Total Assets | 140,407 | 141,210 | 130,670 | 136,976 | 113,534 | | | Liabilities | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Accounts Payable | 12,527 | 15,865 | 10,886 | 16,449 | 11,168 | | Short Term Debt | - | - | - | - | - | | Other Current Liabilities | 1,754 | 1,233 | 2,947 | 1,193 | 889 | | Total Current Liabilities | 19,150 | 21,671 | 16,266 | 22,789 | 15,917 | | | Long Term Debt | - | - | - | - | - | | Deferred Income Tax | - | - | - | - | 15 | | Other Non-Current Liabilities | - | - | - | - | - | | Minority Interest | - | 7,884 | 7,636 | 9,420 | 7,872 | | Total Non-Current Liabilities | - | 7,884 | 7,636 | 9,420 | 7,887 | | Total Liabilities | 19,150 | 29,555 | 23,902 | 32,209 | 23,804 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 121,257 | 111,655 | 106,768 | 104,767 | 89,730 | | Total Equity | 121,257 | 111,655 | 106,768 | 104,767 | 89,730 | | Total Liabilities & Stock Equity | 140,407 | 141,210 | 130,670 | 136,976 | 113,534 | | | |
