| Balance Sheet for HiTech Pharmacal Co. Inc. (HITK) | | | | | | | Assets | in Thousands of Dollars | | | 04/2008 | 04/2007 | 04/2006 | 04/2005 | 04/2004 | | | Cash and Equivalents | 11,722 | 9,198 | 18,512 | 27,127 | 32,627 | | Marketable Securities | - | 24,070 | 25,000 | 10,000 | 10,005 | | Receivables | 17,604 | 9,331 | 16,719 | 15,604 | 9,849 | | Inventories | 18,024 | 14,485 | 9,130 | 8,849 | 7,104 | | Other Current Assets | 2,569 | 3,961 | 1,098 | 1,014 | 1,277 | | Total Current Assets | 55,092 | 67,043 | 75,205 | 64,805 | 62,978 | | | Gross Fixed Assets | 37,501 | 35,002 | 32,155 | 28,151 | 25,171 | | Accumulated Depreciation | (20,453) | (18,405) | (16,417) | (14,607) | (12,850) | | Net Fixed Assets | 17,048 | 16,597 | 15,738 | 13,544 | 12,321 | | Intangibles | 9,660 | 6,093 | 7,829 | 2,935 | - | | Other Non-Current Assets | 3,212 | 8,009 | 1,607 | 328 | 253 | | Total Non-Current Assets | 29,920 | 30,699 | 25,174 | 16,807 | 12,574 | | Total Assets | 85,012 | 97,742 | 100,379 | 81,612 | 75,552 | | | Liabilities | in Thousands of Dollars | | | 04/2008 | 04/2007 | 04/2006 | 04/2005 | 04/2004 | | | Accounts Payable | 4,773 | 3,237 | 5,332 | 5,410 | 4,530 | | Short Term Debt | - | - | - | - | - | | Other Current Liabilities | - | - | - | 190 | - | | Total Current Liabilities | 9,217 | 11,503 | 9,971 | 10,784 | 7,206 | | | Long Term Debt | - | - | - | - | - | | Deferred Income Tax | 630 | 3,254 | 1,966 | 1,163 | 1,558 | | Other Non-Current Liabilities | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 630 | 3,254 | 1,966 | 1,163 | 1,558 | | Total Liabilities | 9,847 | 14,757 | 11,937 | 11,947 | 8,764 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 75,165 | 82,985 | 88,442 | 69,665 | 66,788 | | Total Equity | 75,165 | 82,985 | 88,442 | 69,665 | 66,788 | | Total Liabilities & Stock Equity | 85,012 | 97,742 | 100,379 | 81,612 | 75,552 | | | |
