| Balance Sheet for Novatel Wireless Inc. New (NVTL) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 84,600 | 34,612 | 36,653 | 16,486 | 3,942 | | Marketable Securities | 68,412 | 48,071 | 47,075 | 36,591 | - | | Receivables | 71,943 | 47,774 | 28,121 | 14,061 | 9,385 | | Inventories | 25,876 | 25,662 | 23,132 | 9,653 | 2,349 | | Other Current Assets | - | 3,344 | - | 2,182 | - | | Total Current Assets | 264,009 | 165,394 | 150,055 | 78,973 | 17,689 | | | Gross Fixed Assets | 49,603 | 37,637 | 29,511 | 18,373 | 14,875 | | Accumulated Depreciation | (27,452) | (22,136) | (15,646) | (13,897) | (12,960) | | Net Fixed Assets | 22,151 | 15,501 | 13,865 | 4,476 | 1,915 | | Intangibles | 1,535 | 2,411 | 3,459 | 32,764 | 4,629 | | Other Non-Current Assets | 315 | 1,709 | 6,836 | 110 | 188 | | Total Non-Current Assets | 32,620 | 26,251 | 26,009 | 37,350 | 6,732 | | Total Assets | 296,629 | 191,645 | 176,064 | 116,323 | 24,421 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 38,547 | 39,346 | 34,226 | 5,952 | 6,730 | | Short Term Debt | - | - | 3,891 | 1,127 | - | | Other Current Liabilities | - | - | 5,000 | - | 1,304 | | Total Current Liabilities | 63,318 | 57,409 | 55,005 | 16,145 | 15,431 | | | Long Term Debt | - | - | - | - | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 15,204 | - | - | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 15,566 | - | - | - | 354 | | Total Liabilities | 78,884 | 57,409 | 55,005 | 16,145 | 15,785 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 217,745 | 134,236 | 121,059 | 100,178 | 8,636 | | Total Equity | 217,745 | 134,236 | 121,059 | 100,178 | 8,636 | | Total Liabilities & Stock Equity | 296,629 | 191,645 | 176,064 | 116,323 | 24,421 | | | |
