| Balance Sheet for Heidrick & Struggles International Inc. (HSII) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 260,580 | 147,440 | 203,689 | 222,753 | 119,289 | | Marketable Securities | 22,275 | 73,375 | - | - | - | | Receivables | 88,108 | 88,166 | 57,797 | 56,296 | 50,038 | | Inventories | - | - | - | - | - | | Other Current Assets | 1,419 | - | 3,536 | - | - | | Total Current Assets | 402,698 | 333,678 | 281,779 | 290,170 | 178,349 | | | Gross Fixed Assets | 112,821 | 102,738 | 96,457 | 107,162 | 104,254 | | Accumulated Depreciation | (94,091) | (84,090) | (75,353) | (79,485) | (70,788) | | Net Fixed Assets | 18,730 | 18,648 | 21,104 | 27,677 | 33,466 | | Intangibles | 15,363 | 17,884 | 52,894 | 55,708 | 56,398 | | Other Non-Current Assets | 50,021 | 48,970 | 33,782 | 39,963 | 35,819 | | Total Non-Current Assets | 214,186 | 186,092 | 129,143 | 131,114 | 125,683 | | Total Assets | 616,884 | 519,770 | 410,922 | 421,284 | 304,032 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 8,699 | 7,217 | 6,019 | 10,986 | 7,196 | | Short Term Debt | - | - | - | 27 | 568 | | Other Current Liabilities | 44,233 | 8,732 | - | 7,463 | 4,349 | | Total Current Liabilities | 253,699 | 202,592 | 121,815 | 139,972 | 113,534 | | | Long Term Debt | - | - | - | - | 26 | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 53,385 | 53,473 | 51,622 | 65,186 | 64,659 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 53,385 | 53,473 | 51,622 | 65,186 | 64,685 | | Total Liabilities | 307,084 | 256,065 | 173,437 | 205,158 | 178,219 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 309,800 | 263,705 | 237,485 | 216,126 | 125,813 | | Total Equity | 309,800 | 263,705 | 237,485 | 216,126 | 125,813 | | Total Liabilities & Stock Equity | 616,884 | 519,770 | 410,922 | 421,284 | 304,032 | | | |
