| Balance Sheet for Gigatronics Inc. (GIGA) | | | | | | | Assets | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Cash and Equivalents | 1,845 | 1,804 | 3,412 | 2,540 | 2,752 | | Marketable Securities | - | - | - | - | - | | Receivables | 2,693 | 2,750 | 3,438 | 3,152 | 2,212 | | Inventories | 5,008 | 5,841 | 4,813 | 6,257 | 6,920 | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 9,929 | 10,755 | 11,882 | 12,176 | 12,155 | | | Gross Fixed Assets | 16,564 | 16,535 | 16,688 | 16,880 | 17,054 | | Accumulated Depreciation | (16,164) | (16,211) | (16,351) | (16,206) | (15,803) | | Net Fixed Assets | 400 | 324 | 337 | 674 | 1,251 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 32 | 82 | 127 | 111 | 327 | | Total Non-Current Assets | 432 | 406 | 464 | 785 | 1,578 | | Total Assets | 10,361 | 11,161 | 12,346 | 12,961 | 13,733 | | | Liabilities | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Accounts Payable | 649 | 1,106 | 870 | 1,075 | 1,686 | | Short Term Debt | - | - | - | - | 10 | | Other Current Liabilities | 1,252 | 681 | 954 | 466 | 732 | | Total Current Liabilities | 2,798 | 3,475 | 3,026 | 2,839 | 4,158 | | | Long Term Debt | - | - | - | - | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 171 | 293 | 222 | 310 | 379 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 171 | 293 | 222 | 310 | 379 | | Total Liabilities | 2,969 | 3,768 | 3,248 | 3,149 | 4,537 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 7,392 | 7,393 | 9,098 | 9,812 | 9,196 | | Total Equity | 7,392 | 7,393 | 9,098 | 9,812 | 9,196 | | Total Liabilities & Stock Equity | 10,361 | 11,161 | 12,346 | 12,961 | 13,733 | | | |
