Balance sheet for RECONDITIONED SYSTEMS INC (RESY)

Balance Sheet for RECONDITIONED SYSTEMS INC
Mar 31, 2003 Mar 31, 2002 Mar 31, 2001
Assets
Cash And Cash Equivalents 1,274,000 1,377,000 1,839,000
Short Term Investments - - -
Net Receivables 1,548,000 1,177,000 1,277,000
Inventory 1,343,000 1,408,000 1,434,000
Other Current Assets 186,000 149,000 194,000
Total Current Assets 4,351,000 4,111,000 4,745,000
Long Term Investments - - 75,000
Property Plant and Equipment 319,000 391,000 250,000
Goodwill - - -
Intangible Assets - - -
Accumulated Amortization - - -
Other Assets 67,000 66,000 37,000
Deferred Long Term Asset Charges - - -
Total Assets 4,737,000 4,568,000 5,106,000
Liabilities
Accounts Payable 822,000 775,000 939,000
Short/Current Long Term Debt - - -
Other Current Liabilities 157,000 85,000 69,000
Total Current Liabilities 980,000 860,000 1,008,000
Long Term Debt - - -
Other Liabilities - - -
Deferred Long Term Liability Charges - - -
Minority Interest - - -
Negative Goodwill - - -
Total Liabilities 980,000 860,000 1,008,000
Stockholders' Equity
Misc Stocks Options Warrants - - -
Redeemable Preferred Stock - - -
Preferred Stock - - -
Common Stock 4,938,000 4,805,000 4,589,000
Retained Earnings -314,000 -230,000 267,000
Treasury Stock -866,000 -866,000 -758,000
Capital Surplus - - -
Other Stockholder Equity - - -
Total Stockholder Equity 3,757,000 3,709,000 4,098,000
Net Tangible Assets 3,757,000 3,709,000 4,098,000