| Balance Sheet for HEI Inc. (HEII) | | | | | | | Assets | in Thousands of Dollars | | | 08/2007 | 08/2006 | 08/2005 | 08/2004 | 08/2003 | | | Cash and Equivalents | 177 | 674 | 351 | 200 | 806 | | Marketable Securities | - | - | - | - | - | | Receivables | 4,449 | 9,205 | 9,278 | 6,770 | 6,314 | | Inventories | 3,260 | 7,000 | 8,044 | 6,787 | 6,864 | | Other Current Assets | 321 | 316 | 2,486 | 1,221 | 403 | | Total Current Assets | 8,735 | 18,025 | 20,159 | 15,459 | 14,387 | | | Gross Fixed Assets | 26,347 | 28,996 | 27,753 | 25,971 | 25,669 | | Accumulated Depreciation | (20,456) | (21,279) | (20,864) | (18,580) | (15,769) | | Net Fixed Assets | 5,891 | 7,717 | 6,889 | 7,391 | 9,900 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 1,076 | 1,130 | 629 | 2,262 | 2,216 | | Total Non-Current Assets | 6,967 | 8,847 | 7,518 | 9,653 | 12,116 | | Total Assets | 15,702 | 26,872 | 27,677 | 25,112 | 26,503 | | | Liabilities | in Thousands of Dollars | | | 08/2007 | 08/2006 | 08/2005 | 08/2004 | 08/2003 | | | Accounts Payable | 3,215 | 3,735 | 4,019 | 5,663 | 3,951 | | Short Term Debt | 1,039 | 6,986 | 3,047 | 1,713 | 887 | | Other Current Liabilities | - | - | - | - | - | | Total Current Liabilities | 5,747 | 13,493 | 11,195 | 12,045 | 8,636 | | | Long Term Debt | 4,350 | 2,824 | 1,813 | 1,833 | 2,555 | | Deferred Income Tax | 528 | 830 | - | - | - | | Other Non-Current Liabilities | 1,717 | - | 873 | 1,277 | 2,121 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 6,595 | 4,615 | 2,686 | 3,110 | 4,676 | | Total Liabilities | 12,342 | 18,108 | 13,881 | 15,155 | 13,312 | | | Preferred Stock Equity | 2 | 2 | - | - | - | | Common Stock Equity | 3,358 | 8,762 | 13,796 | 9,957 | 13,191 | | Total Equity | 3,360 | 8,764 | 13,796 | 9,957 | 13,191 | | Total Liabilities & Stock Equity | 15,702 | 26,872 | 27,677 | 25,112 | 26,503 | | | |
