| Balance Sheet for Ocean BioChem Inc. (OBCI) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 751 | 71 | 205 | 988 | 43 | | Marketable Securities | - | - | - | - | - | | Receivables | 1,975 | 2,027 | 2,027 | 4,652 | 4,333 | | Inventories | 5,994 | 5,648 | 6,261 | 5,218 | 5,316 | | Other Current Assets | - | - | 274 | - | - | | Total Current Assets | 9,004 | 7,964 | 9,003 | 11,073 | 9,885 | | | Gross Fixed Assets | 11,689 | 12,060 | 11,790 | 11,066 | 10,554 | | Accumulated Depreciation | (5,453) | (5,260) | (4,479) | (3,728) | (3,047) | | Net Fixed Assets | 6,236 | 6,800 | 7,311 | 7,338 | 7,507 | | Intangibles | 330 | 330 | 330 | 330 | 330 | | Other Non-Current Assets | 363 | 435 | 259 | 657 | 581 | | Total Non-Current Assets | 6,929 | 7,565 | 7,900 | 8,325 | 8,418 | | Total Assets | 15,934 | 15,529 | 16,903 | 19,398 | 18,303 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 1,010 | 944 | 1,257 | 2,251 | 1,305 | | Short Term Debt | 590 | 586 | 581 | 483 | 899 | | Other Current Liabilities | - | - | - | 45 | 80 | | Total Current Liabilities | 3,862 | 4,044 | 6,350 | 7,670 | 7,016 | | | Long Term Debt | 3,989 | 4,550 | 6,262 | 5,580 | 5,678 | | Deferred Income Tax | - | - | - | 260 | 206 | | Other Non-Current Liabilities | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 3,989 | 4,550 | 6,262 | 5,840 | 5,883 | | Total Liabilities | 7,851 | 8,594 | 12,612 | 13,510 | 12,899 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 8,083 | 6,936 | 4,291 | 5,888 | 5,404 | | Total Equity | 8,083 | 6,936 | 4,291 | 5,888 | 5,404 | | Total Liabilities & Stock Equity | 15,934 | 15,529 | 16,903 | 19,398 | 18,303 | | | |
