| Balance Sheet for Gander Mountain Company (GMTN) | | | | | | | Assets | in Thousands of Dollars | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | | | Cash and Equivalents | 2,622 | 1,342 | 1,580 | 1,033 | | Marketable Securities | - | - | - | - | | Receivables | 11,478 | 10,337 | 7,215 | 9,347 | | Inventories | 403,683 | 349,120 | 308,395 | 264,138 | | Other Current Assets | - | - | - | - | | Total Current Assets | 433,770 | 371,480 | 321,747 | 280,324 | | | Gross Fixed Assets | 267,081 | 220,048 | 188,973 | 141,798 | | Accumulated Depreciation | (98,396) | (75,609) | (56,526) | (40,368) | | Net Fixed Assets | 168,685 | 144,439 | 132,447 | 101,430 | | Intangibles | 25,098 | - | - | - | | Other Non-Current Assets | 3,576 | 1,318 | 4,736 | 4,089 | | Total Non-Current Assets | 246,162 | 150,137 | 137,183 | 105,519 | | Total Assets | 679,932 | 521,617 | 458,930 | 385,843 | | | Liabilities | in Thousands of Dollars | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | | | Accounts Payable | 72,563 | 62,868 | 35,465 | 38,808 | | Short Term Debt | 254,260 | 170,162 | 174,936 | 114,441 | | Other Current Liabilities | - | 34,507 | - | - | | Total Current Liabilities | 387,429 | 281,062 | 252,180 | 192,597 | | | Long Term Debt | 64,173 | 4,993 | 20,000 | - | | Deferred Income Tax | 7,113 | - | - | - | | Other Non-Current Liabilities | 27,397 | 27,343 | 36,925 | 30,938 | | Minority Interest | - | - | - | - | | Total Non-Current Liabilities | 98,683 | 43,764 | 56,925 | 30,938 | | Total Liabilities | 486,112 | 324,826 | 309,105 | 223,535 | | | Preferred Stock Equity | - | - | - | - | | Common Stock Equity | 193,820 | 196,791 | 149,825 | 162,308 | | Total Equity | 193,820 | 196,791 | 149,825 | 162,308 | | Total Liabilities & Stock Equity | 679,932 | 521,617 | 458,930 | 385,843 | | | |
