| Balance Sheet for MDU Communications International (MDTV) | | | | | | | Assets | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Cash and Equivalents | 767 | 3,239 | 9,358 | 4,706 | 508 | | Marketable Securities | - | - | - | - | - | | Receivables | 2,381 | 1,642 | 1,562 | 939 | 348 | | Inventories | - | - | - | - | - | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 3,731 | 5,269 | 11,121 | 5,743 | 1,319 | | | Gross Fixed Assets | 34,831 | 27,105 | 19,390 | 9,173 | 5,346 | | Accumulated Depreciation | (12,785) | (8,385) | (4,954) | (2,771) | (1,609) | | Net Fixed Assets | 22,046 | 18,720 | 14,436 | 6,402 | 3,737 | | Intangibles | 4,187 | 1,822 | 2,741 | 3,226 | 1,082 | | Other Non-Current Assets | 1,484 | 1,358 | 963 | 325 | 256 | | Total Non-Current Assets | 27,717 | 21,900 | 18,140 | 9,953 | 5,075 | | Total Assets | 31,448 | 27,169 | 29,260 | 15,696 | 6,394 | | | Liabilities | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Accounts Payable | 1,819 | 1,131 | 1,197 | 609 | 489 | | Short Term Debt | 81 | 79 | 45 | 58 | 95 | | Other Current Liabilities | - | - | - | - | - | | Total Current Liabilities | 3,958 | 3,206 | 3,336 | 1,832 | 1,371 | | | Long Term Debt | 13,275 | 3,705 | 151 | - | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 409 | 252 | - | 44 | 580 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 13,696 | 4,045 | 175 | 93 | 580 | | Total Liabilities | 17,653 | 7,251 | 3,511 | 1,926 | 1,951 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 13,795 | 19,918 | 25,749 | 13,771 | 4,443 | | Total Equity | 13,795 | 19,918 | 25,749 | 13,771 | 4,443 | | Total Liabilities & Stock Equity | 31,448 | 27,169 | 29,260 | 15,696 | 6,394 | | | |
