| Balance Sheet for Quipp Inc. (QUIP) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 1,391 | 865 | 2,829 | 5,763 | 1,228 | | Marketable Securities | 1,000 | 3,060 | 3,035 | 2,977 | 8,656 | | Receivables | 3,641 | 2,931 | 4,087 | 4,093 | 2,628 | | Inventories | 3,942 | 3,499 | 4,803 | 4,877 | 3,692 | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 10,395 | 11,003 | 15,885 | 18,441 | 17,109 | | | Gross Fixed Assets | 5,100 | 4,991 | 5,413 | 5,263 | 5,064 | | Accumulated Depreciation | (3,289) | (2,830) | (3,810) | (3,570) | (3,299) | | Net Fixed Assets | 1,811 | 2,161 | 1,603 | 1,694 | 1,765 | | Intangibles | 1,089 | 2,864 | 5,577 | 727 | 872 | | Other Non-Current Assets | 27 | 34 | 34 | 40 | 47 | | Total Non-Current Assets | 2,926 | 5,059 | 7,214 | 2,461 | 2,684 | | Total Assets | 13,320 | 16,062 | 23,099 | 20,901 | 19,793 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 1,867 | 928 | 1,684 | 1,261 | 1,324 | | Short Term Debt | 154 | 110 | 109 | 100 | 100 | | Other Current Liabilities | - | - | - | 154 | 114 | | Total Current Liabilities | 7,146 | 6,780 | 10,675 | 8,623 | 7,894 | | | Long Term Debt | - | 155 | 264 | 350 | 450 | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | - | 155 | 264 | 350 | 450 | | Total Liabilities | 7,146 | 6,935 | 10,939 | 8,973 | 8,344 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 6,175 | 9,127 | 12,161 | 11,928 | 11,450 | | Total Equity | 6,175 | 9,127 | 12,161 | 11,928 | 11,450 | | Total Liabilities & Stock Equity | 13,320 | 16,062 | 23,099 | 20,901 | 19,794 | | | |
