| Balance Sheet for Q.E.P. Co. Inc. (QEPC) | | | | | | | Assets | in Thousands of Dollars | | | 02/2008 | 02/2007 | 02/2006 | 02/2005 | 02/2004 | | | Cash and Equivalents | 949 | 822 | 852 | 1,869 | 957 | | Marketable Securities | - | - | - | - | - | | Receivables | 32,543 | 34,491 | 33,258 | 27,016 | 23,122 | | Inventories | 26,496 | 27,042 | 34,128 | 29,929 | 28,855 | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 63,247 | 65,003 | 70,428 | 61,318 | 55,463 | | | Gross Fixed Assets | 23,735 | 22,472 | 22,237 | 20,468 | 15,186 | | Accumulated Depreciation | (15,884) | (15,702) | (13,941) | (11,282) | (7,157) | | Net Fixed Assets | 7,851 | 6,770 | 8,296 | 9,186 | 8,029 | | Intangibles | 2,717 | 2,831 | 3,109 | 15,740 | 13,648 | | Other Non-Current Assets | 339 | 225 | 310 | 683 | 571 | | Total Non-Current Assets | 22,379 | 22,153 | 28,514 | 25,791 | 23,361 | | Total Assets | 85,626 | 87,156 | 98,942 | 87,108 | 78,824 | | | Liabilities | in Thousands of Dollars | | | 02/2008 | 02/2007 | 02/2006 | 02/2005 | 02/2004 | | | Accounts Payable | 15,968 | 17,705 | 24,041 | 17,144 | 11,936 | | Short Term Debt | 26,514 | 31,490 | 30,715 | 27,150 | 21,985 | | Other Current Liabilities | - | 861 | 1,789 | - | - | | Total Current Liabilities | 54,172 | 59,924 | 62,056 | 49,949 | 41,710 | | | Long Term Debt | 4,722 | 4,949 | 9,147 | 6,532 | 6,958 | | Deferred Income Tax | - | - | 213 | - | 706 | | Other Non-Current Liabilities | 377 | - | - | 783 | 1,943 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 5,099 | 4,949 | 9,360 | 7,315 | 9,606 | | Total Liabilities | 59,271 | 64,873 | 71,416 | 57,263 | 51,317 | | | Preferred Stock Equity | 337 | 337 | 337 | 337 | 337 | | Common Stock Equity | 26,018 | 21,946 | 27,189 | 29,508 | 27,171 | | Total Equity | 26,355 | 22,283 | 27,526 | 29,845 | 27,507 | | Total Liabilities & Stock Equity | 85,626 | 87,156 | 98,942 | 87,108 | 78,824 | | | |
