| Balance Sheet for Hardinge Inc. (HDNG) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 16,003 | 6,762 | 6,552 | 4,189 | 4,739 | | Marketable Securities | - | - | - | - | - | | Receivables | 72,783 | 78,079 | 71,619 | 71,951 | 51,014 | | Inventories | 158,617 | 132,834 | 117,036 | 100,738 | 87,064 | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 257,008 | 227,638 | 202,872 | 183,387 | 147,357 | | | Gross Fixed Assets | 180,427 | 176,754 | 170,961 | 172,743 | 162,926 | | Accumulated Depreciation | (118,896) | (112,702) | (104,640) | (105,968) | (96,741) | | Net Fixed Assets | 61,531 | 64,052 | 66,321 | 66,775 | 66,185 | | Intangibles | 11,927 | 11,849 | 25,384 | 28,231 | 22,214 | | Other Non-Current Assets | 8,215 | 7,765 | 5,244 | 7,491 | 9,820 | | Total Non-Current Assets | 104,820 | 103,022 | 97,404 | 102,924 | 98,350 | | Total Assets | 361,828 | 330,660 | 300,276 | 286,311 | 245,707 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 27,266 | 31,462 | 26,454 | 25,404 | 13,760 | | Short Term Debt | 5,655 | 5,758 | 12,955 | 4,893 | 5,002 | | Other Current Liabilities | (180) | - | 5,129 | - | - | | Total Current Liabilities | 67,544 | 70,644 | 76,451 | 61,206 | 44,077 | | | Long Term Debt | 19,363 | 67,578 | 50,356 | 35,213 | 17,675 | | Deferred Income Tax | 4,361 | 1,673 | 2,646 | 3,208 | 3,163 | | Other Non-Current Liabilities | 15,415 | 33,656 | 31,830 | 30,563 | 38,018 | | Minority Interest | - | - | - | 6,121 | 3,688 | | Total Non-Current Liabilities | 39,139 | 102,907 | 84,832 | 75,105 | 62,544 | | Total Liabilities | 106,683 | 173,551 | 161,283 | 136,311 | 106,621 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 255,145 | 157,109 | 138,993 | 150,000 | 139,086 | | Total Equity | 255,145 | 157,109 | 138,993 | 150,000 | 139,086 | | Total Liabilities & Stock Equity | 361,828 | 330,660 | 300,276 | 286,311 | 245,707 | | | |
