| Balance Sheet for Rediff.com India Ltd. (REDF) | | | | | | | Assets | in Thousands of Dollars | | | 03/2007 | 03/2006 | 03/2005 | 03/2004 | 03/2003 | | | Cash and Equivalents | 53,546 | 53,094 | 10,069 | 11,639 | 14,384 | | Marketable Securities | - | - | - | - | - | | Receivables | 10,671 | 5,376 | 3,093 | 1,884 | 1,477 | | Inventories | - | - | - | - | 275 | | Other Current Assets | 1,000 | 1,522 | 1,815 | 658 | 541 | | Total Current Assets | 65,851 | 60,652 | 15,323 | 15,293 | 18,083 | | | Gross Fixed Assets | 21,899 | 14,477 | 10,297 | 8,961 | 8,132 | | Accumulated Depreciation | (11,936) | (8,945) | (7,739) | (7,470) | (5,875) | | Net Fixed Assets | 9,963 | 5,532 | 2,558 | 1,491 | 2,257 | | Intangibles | - | - | 7,314 | 7,314 | 9,347 | | Other Non-Current Assets | 3,364 | 613 | 496 | 769 | 645 | | Total Non-Current Assets | 20,642 | 13,459 | 10,368 | 9,575 | 12,249 | | Total Assets | 86,493 | 74,110 | 25,690 | 24,868 | 30,332 | | | Liabilities | in Thousands of Dollars | | | 03/2007 | 03/2006 | 03/2005 | 03/2004 | 03/2003 | | | Accounts Payable | 7,644 | 5,689 | 4,864 | 3,128 | 4,156 | | Short Term Debt | - | - | - | - | - | | Other Current Liabilities | 1,289 | 1,549 | 1,014 | 208 | 265 | | Total Current Liabilities | 8,933 | 7,239 | 5,878 | 3,825 | 4,661 | | | Long Term Debt | - | - | - | - | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 337 | 1 | 16 | 15 | 130 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 337 | 1 | 16 | 15 | 130 | | Total Liabilities | 9,270 | 7,240 | 5,894 | 3,840 | 4,791 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 77,223 | 66,870 | 19,797 | 21,027 | 25,541 | | Total Equity | 77,223 | 66,870 | 19,797 | 21,027 | 25,541 | | Total Liabilities & Stock Equity | 86,493 | 74,110 | 25,690 | 24,868 | 30,332 | | | |