| Balance Sheet for Omega Flex Inc. (OFLX) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | | | Cash and Equivalents | 13,143 | 17,424 | 9,882 | | Marketable Securities | - | - | - | | Receivables | 13,382 | 9,745 | 11,938 | | Inventories | 10,567 | 8,149 | 6,228 | | Other Current Assets | 705 | 529 | 457 | | Total Current Assets | 38,976 | 38,694 | 28,757 | | | Gross Fixed Assets | 12,736 | 12,194 | 10,822 | | Accumulated Depreciation | (5,987) | (5,489) | (5,073) | | Net Fixed Assets | 6,749 | 6,705 | 5,749 | | Intangibles | - | - | 3,526 | | Other Non-Current Assets | 521 | 3,698 | 3,682 | | Total Non-Current Assets | 10,796 | 13,929 | 12,957 | | Total Assets | 49,772 | 52,623 | 41,714 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | | | Accounts Payable | 1,486 | 1,236 | 1,554 | | Short Term Debt | - | - | 186 | | Other Current Liabilities | 7,469 | 6,028 | - | | Total Current Liabilities | 17,997 | 22,458 | 11,632 | | | Long Term Debt | - | - | 3,225 | | Deferred Income Tax | 1,216 | 146 | 639 | | Other Non-Current Liabilities | 1,891 | 2,318 | 209 | | Minority Interest | 129 | 55 | 23 | | Total Non-Current Liabilities | 3,236 | 2,519 | 4,096 | | Total Liabilities | 21,233 | 24,977 | 15,728 | | | Preferred Stock Equity | - | - | - | | Common Stock Equity | 28,539 | 27,646 | 25,986 | | Total Equity | 28,539 | 27,646 | 25,986 | | Total Liabilities & Stock Equity | 49,772 | 52,623 | 41,714 | | | |
