| Balance Sheet for Lamar Advertising Company (LAMR) | | | | After Hours: $ 22.48 | 0.00 (0.00%) | Volume: 100 | 4:00 PM EDT Oct 10, 2008 | | | | | | | Assets | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 76 | 12 | 19 | 44 | 8 | | Marketable Securities | - | - | - | - | - | | Receivables | 135 | 128 | 115 | 88 | 91 | | Inventories | - | - | - | - | - | | Other Current Assets | 29 | 19 | 10 | 8 | 7 | | Total Current Assets | 301 | 231 | 187 | 183 | 144 | | | Gross Fixed Assets | 2,686 | 2,433 | 2,191 | 2,077 | 1,933 | | Accumulated Depreciation | (1,169) | (1,027) | (902) | (808) | (679) | | Net Fixed Assets | 1,517 | 1,406 | 1,289 | 1,270 | 1,254 | | Intangibles | 803 | 861 | 2,192 | 2,185 | 2,207 | | Other Non-Current Assets | 73 | 69 | 69 | 52 | 32 | | Total Non-Current Assets | 3,769 | 3,693 | 3,550 | 3,507 | 3,493 | | Total Assets | 4,069 | 3,924 | 3,737 | 3,689 | 3,637 | | | Liabilities | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 20 | 15 | 14 | 10 | 9 | | Short Term Debt | 32 | 9 | 3 | 73 | 5 | | Other Current Liabilities | - | - | - | - | - | | Total Current Liabilities | 145 | 111 | 93 | 148 | 74 | | | Long Term Debt | 2,694 | 1,982 | 1,574 | 1,587 | 1,700 | | Deferred Income Tax | 136 | 140 | 108 | 76 | 95 | | Other Non-Current Liabilities | 163 | 153 | 145 | 141 | 46 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 2,993 | 2,275 | 1,826 | 1,805 | 1,840 | | Total Liabilities | 3,138 | 2,386 | 1,920 | 1,953 | 1,915 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 931 | 1,539 | 1,817 | 1,736 | 1,723 | | Total Equity | 931 | 1,539 | 1,817 | 1,736 | 1,723 | | Total Liabilities & Stock Equity | 4,069 | 3,924 | 3,737 | 3,689 | 3,637 | | | |