| Balance Sheet for Heartland Inc. (HTLJ) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 217 | 642 | 685 | 578 | - | | Marketable Securities | - | - | - | - | - | | Receivables | 3,500 | 4,236 | 4,403 | 3,709 | - | | Inventories | 904 | 858 | 10,291 | 4,933 | - | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 4,623 | 5,754 | 15,523 | 9,330 | - | | | Gross Fixed Assets | 1,211 | 1,529 | 3,449 | 2,600 | - | | Accumulated Depreciation | (509) | (584) | (74) | (724) | - | | Net Fixed Assets | 701 | 944 | 3,375 | 1,877 | - | | Intangibles | - | 17 | 447 | 2,194 | - | | Other Non-Current Assets | 426 | 62 | 371 | 295 | 13 | | Total Non-Current Assets | 1,127 | 2,315 | 5,485 | 4,365 | 13 | | Total Assets | 5,750 | 8,069 | 21,008 | 13,695 | 13 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 2,362 | 3,328 | 5,284 | 2,864 | 427 | | Short Term Debt | 8 | - | 1,473 | 1,597 | 5 | | Other Current Liabilities | 12 | - | 13 | 104 | - | | Total Current Liabilities | 3,556 | 6,260 | 20,091 | 12,074 | 705 | | | Long Term Debt | 584 | 904 | 2,837 | 691 | - | | Deferred Income Tax | - | - | - | 408 | - | | Other Non-Current Liabilities | - | - | 352 | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 611 | 904 | 3,337 | 1,368 | - | | Total Liabilities | 4,167 | 7,163 | 23,428 | 13,443 | 705 | | | Preferred Stock Equity | 716 | - | - | - | - | | Common Stock Equity | 868 | 906 | (2,421) | 253 | (692) | | Total Equity | 1,584 | 906 | (2,421) | 253 | (692) | | Total Liabilities & Stock Equity | 5,750 | 8,069 | 21,008 | 13,695 | 13 | | | |
