| Balance Sheet for Kadant Inc (KAI) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 61,553 | 39,634 | 40,822 | 82,089 | 74,451 | | Marketable Securities | - | - | - | - | - | | Receivables | 85,891 | 74,050 | 53,425 | 40,280 | 43,262 | | Inventories | 47,470 | 41,679 | 35,115 | 27,316 | 33,203 | | Other Current Assets | 12,339 | 13,036 | 25,999 | 22,353 | 3,187 | | Total Current Assets | 207,253 | 168,399 | 155,361 | 178,729 | 161,813 | | | Gross Fixed Assets | 105,889 | 97,995 | 85,668 | 68,224 | 77,458 | | Accumulated Depreciation | (63,985) | (57,056) | (52,761) | (51,160) | (51,631) | | Net Fixed Assets | 41,904 | 40,939 | 32,907 | 17,064 | 25,827 | | Intangibles | 32,944 | 34,686 | 160,687 | 74,408 | 78,040 | | Other Non-Current Assets | 14,156 | 11,983 | 6,856 | 15,036 | 6,033 | | Total Non-Current Assets | 229,816 | 224,686 | 200,450 | 106,508 | 109,900 | | Total Assets | 437,069 | 393,085 | 355,811 | 285,237 | 271,713 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 37,132 | 32,934 | 20,229 | 21,327 | 23,896 | | Short Term Debt | 10,240 | 9,330 | 9,000 | - | 598 | | Other Current Liabilities | 34,884 | 28,937 | 29,067 | 18,883 | 13,389 | | Total Current Liabilities | 99,766 | 87,857 | 79,915 | 65,079 | 54,809 | | | Long Term Debt | 30,460 | 44,652 | 20,726 | - | - | | Deferred Income Tax | 8,899 | 8,761 | - | 4,370 | 1,617 | | Other Non-Current Liabilities | 17,731 | 12,833 | 46,500 | 3,327 | 3,178 | | Minority Interest | 1,462 | 1,017 | 1,045 | - | 351 | | Total Non-Current Liabilities | 58,552 | 67,263 | 68,271 | 7,697 | 5,146 | | Total Liabilities | 158,318 | 155,120 | 148,186 | 72,776 | 59,955 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 278,751 | 237,965 | 207,625 | 212,461 | 211,758 | | Total Equity | 278,751 | 237,965 | 207,625 | 212,461 | 211,758 | | Total Liabilities & Stock Equity | 437,069 | 393,085 | 355,811 | 285,237 | 271,713 | | | |
