| Balance Sheet for Langer Inc. (GAIT) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 2,422 | 29,767 | 18,829 | 3,910 | 5,534 | | Marketable Securities | - | - | - | - | - | | Receivables | 8,764 | 4,602 | 5,182 | 7,056 | 3,628 | | Inventories | 6,680 | 3,275 | 4,123 | 4,846 | 2,497 | | Other Current Assets | 1,502 | - | - | - | - | | Total Current Assets | 21,525 | 38,535 | 28,954 | 17,199 | 12,154 | | | Gross Fixed Assets | 24,351 | 13,373 | 10,909 | 10,070 | 4,892 | | Accumulated Depreciation | (9,758) | (5,127) | (3,874) | (2,889) | (2,396) | | Net Fixed Assets | 14,593 | 8,245 | 7,035 | 7,181 | 2,496 | | Intangibles | 14,458 | 5,961 | 20,723 | 22,664 | 8,496 | | Other Non-Current Assets | 1,159 | 1,989 | 460 | 762 | 877 | | Total Non-Current Assets | 52,165 | 30,314 | 28,218 | 30,607 | 11,869 | | Total Assets | 73,691 | 68,849 | 57,172 | 47,807 | 24,023 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 3,149 | 1,243 | 1,070 | 1,140 | 1,133 | | Short Term Debt | - | - | 14,439 | - | 800 | | Other Current Liabilities | 1,096 | 1,261 | 3,675 | 6,015 | 2,114 | | Total Current Liabilities | 7,572 | 5,223 | 19,750 | 15,812 | 4,720 | | | Long Term Debt | 28,603 | 29,032 | - | 22,147 | 14,589 | | Deferred Income Tax | 1,802 | 1,659 | 1,325 | 1,640 | - | | Other Non-Current Liabilities | 1,127 | 1,218 | 217 | 293 | 939 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 34,231 | 34,609 | 4,242 | 26,780 | 15,528 | | Total Liabilities | 41,803 | 39,833 | 23,992 | 42,592 | 20,248 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 31,888 | 29,017 | 33,181 | 5,215 | 3,775 | | Total Equity | 31,888 | 29,017 | 33,181 | 5,215 | 3,775 | | Total Liabilities & Stock Equity | 73,691 | 68,849 | 57,172 | 47,807 | 24,023 | | | |
