| Balance Sheet for IBSG International Inc. (IBIN) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 2,138 | 964 | 1,297 | 8 | - | | Marketable Securities | - | - | - | - | - | | Receivables | 20,674 | 15,340 | 10,638 | 4,615 | - | | Inventories | - | - | - | - | - | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 24,215 | 16,758 | 12,552 | 4,630 | - | | | Gross Fixed Assets | 1,914 | 1,495 | 1,469 | 1,494 | - | | Accumulated Depreciation | (1,211) | (854) | (547) | (254) | - | | Net Fixed Assets | 703 | 641 | 922 | 1,239 | - | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 10,489 | 6,288 | 4,742 | 1 | - | | Total Non-Current Assets | 11,542 | 6,967 | 5,665 | 1,241 | - | | Total Assets | 35,757 | 23,725 | 18,217 | 5,871 | - | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 879 | 964 | 874 | 349 | - | | Short Term Debt | - | 4 | 14 | 12 | - | | Other Current Liabilities | 1,026 | - | - | - | - | | Total Current Liabilities | 6,531 | 6,290 | 2,596 | 1,947 | - | | | Long Term Debt | - | - | - | - | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 4,995 | - | - | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 4,995 | - | - | - | - | | Total Liabilities | 11,526 | 6,290 | 2,596 | 1,947 | - | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 24,231 | 17,435 | 15,621 | 3,924 | - | | Total Equity | 24,231 | 17,435 | 15,621 | 3,924 | - | | Total Liabilities & Stock Equity | 35,757 | 23,725 | 18,217 | 5,871 | - | | | |
