| Balance Sheet for Qrs Music Technologies Inc (QRSM) | | | | | | | Assets | in Thousands of Dollars | | | 06/2006 | 06/2005 | 06/2004 | 06/2003 | 06/2002 | | | Cash and Equivalents | 56 | 603 | 1,603 | 967 | 1,505 | | Marketable Securities | - | - | - | - | - | | Receivables | 1,539 | 1,140 | 883 | 1,152 | 1,416 | | Inventories | 8,273 | 7,912 | 5,653 | 5,055 | 3,554 | | Other Current Assets | - | - | 18 | - | 55 | | Total Current Assets | 10,907 | 10,456 | 8,865 | 7,685 | 7,003 | | | Gross Fixed Assets | 2,597 | 2,478 | 2,317 | 2,199 | 2,387 | | Accumulated Depreciation | (1,391) | (1,275) | (1,266) | (1,207) | (1,388) | | Net Fixed Assets | 1,207 | 1,203 | 1,050 | 992 | 999 | | Intangibles | 845 | - | - | - | - | | Other Non-Current Assets | 28 | 124 | 110 | 95 | 33 | | Total Non-Current Assets | 2,139 | 1,327 | 1,160 | 1,087 | 1,032 | | Total Assets | 13,046 | 11,783 | 10,025 | 8,772 | 8,035 | | | Liabilities | in Thousands of Dollars | | | 06/2006 | 06/2005 | 06/2004 | 06/2003 | 06/2002 | | | Accounts Payable | 1,672 | 1,462 | 517 | 473 | 444 | | Short Term Debt | 86 | 109 | 165 | 165 | 165 | | Other Current Liabilities | 17 | - | 478 | - | - | | Total Current Liabilities | 2,575 | 2,357 | 1,573 | 957 | 900 | | | Long Term Debt | 678 | - | 124 | 481 | 646 | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 678 | - | 124 | 481 | 646 | | Total Liabilities | 3,252 | 2,357 | 1,697 | 1,438 | 1,546 | | | Preferred Stock Equity | 5 | 5 | 5 | 5 | 5 | | Common Stock Equity | 9,788 | 9,421 | 8,323 | 7,329 | 6,484 | | Total Equity | 9,794 | 9,426 | 8,328 | 7,334 | 6,489 | | Total Liabilities & Stock Equity | 13,046 | 11,783 | 10,025 | 8,772 | 8,035 | | | |
