| Balance Sheet for KVH Industries Inc. (KVHI) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 12,284 | 15,781 | 14,160 | 10,289 | 2,849 | | Marketable Securities | 41,021 | 38,958 | 35,930 | 35,438 | - | | Receivables | 12,826 | 10,740 | 12,518 | 10,324 | 11,769 | | Inventories | 9,313 | 9,043 | 6,564 | 7,251 | 6,298 | | Other Current Assets | 18 | - | - | - | - | | Total Current Assets | 76,462 | 75,367 | 70,170 | 64,434 | 22,795 | | | Gross Fixed Assets | 28,702 | 20,861 | 19,955 | 19,510 | 18,125 | | Accumulated Depreciation | (16,963) | (11,292) | (11,292) | (11,292) | (9,402) | | Net Fixed Assets | 11,739 | 9,569 | 8,663 | 8,218 | 8,723 | | Intangibles | - | - | 63 | 189 | - | | Other Non-Current Assets | 36 | 155 | 100 | 59 | 315 | | Total Non-Current Assets | 15,109 | 13,057 | 12,160 | 11,479 | 11,276 | | Total Assets | 91,570 | 88,424 | 82,330 | 75,914 | 34,071 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 3,016 | 2,639 | 3,480 | 1,604 | 3,590 | | Short Term Debt | 132 | 123 | 115 | 107 | 110 | | Other Current Liabilities | - | - | - | - | 27 | | Total Current Liabilities | 8,765 | 8,244 | 8,557 | 5,785 | 6,234 | | | Long Term Debt | 2,026 | 2,158 | 2,282 | 2,397 | 2,504 | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 8 | 227 | 128 | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 2,035 | 2,385 | 2,410 | 2,397 | 2,504 | | Total Liabilities | 10,800 | 10,629 | 10,968 | 8,181 | 8,738 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 80,770 | 77,795 | 71,363 | 67,732 | 25,333 | | Total Equity | 80,770 | 77,795 | 71,363 | 67,732 | 25,333 | | Total Liabilities & Stock Equity | 91,570 | 88,424 | 82,331 | 75,914 | 34,071 | | | |
