| Balance Sheet for Lakeland Industries Inc. (LAKE) | | | | | | | Assets | in Thousands of Dollars | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | 01/2004 | | | Cash and Equivalents | 3,428 | 1,907 | 1,532 | 9,185 | 2,445 | | Marketable Securities | - | - | - | - | - | | Receivables | 14,928 | 14,780 | 14,221 | 13,117 | 12,570 | | Inventories | 48,116 | 40,956 | 45,243 | 30,906 | 26,266 | | Other Current Assets | 1,828 | 1,550 | 1,805 | 958 | 1,213 | | Total Current Assets | 70,269 | 62,114 | 63,719 | 55,128 | 43,285 | | | Gross Fixed Assets | 20,380 | 17,791 | 13,955 | 10,318 | 8,433 | | Accumulated Depreciation | (7,055) | (6,707) | (6,201) | (5,304) | (4,511) | | Net Fixed Assets | 13,325 | 11,084 | 7,755 | 5,014 | 3,921 | | Intangibles | - | - | 871 | - | - | | Other Non-Current Assets | 157 | 129 | 118 | 171 | 98 | | Total Non-Current Assets | 14,353 | 12,085 | 8,744 | 5,185 | 4,019 | | Total Assets | 84,623 | 74,198 | 72,464 | 60,313 | 47,304 | | | Liabilities | in Thousands of Dollars | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | 01/2004 | | | Accounts Payable | 3,313 | 3,055 | 2,537 | 2,710 | 3,461 | | Short Term Debt | 94 | - | - | - | 16,785 | | Other Current Liabilities | - | - | - | - | - | | Total Current Liabilities | 4,997 | 4,326 | 3,839 | 4,152 | 21,509 | | | Long Term Debt | 8,871 | 3,786 | 7,272 | - | - | | Deferred Income Tax | - | 27 | 87 | 86 | 251 | | Other Non-Current Liabilities | 1,882 | - | 470 | 495 | 517 | | Minority Interest | - | - | - | 1,113 | - | | Total Non-Current Liabilities | 10,753 | 3,813 | 7,829 | 1,694 | 768 | | Total Liabilities | 15,750 | 8,139 | 11,668 | 5,847 | 22,277 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 68,873 | 66,059 | 60,796 | 54,467 | 25,027 | | Total Equity | 68,873 | 66,059 | 60,796 | 54,467 | 25,027 | | Total Liabilities & Stock Equity | 84,623 | 74,198 | 72,464 | 60,313 | 47,304 | | | |
