| Balance Sheet for SchweitzerMauduit International Inc. (SWM) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 4,000 | 13,700 | 5,100 | 4,500 | 3,700 | | Marketable Securities | - | - | - | - | - | | Receivables | 100,600 | 88,900 | 99,800 | 97,700 | 91,900 | | Inventories | 131,200 | 119,200 | 123,000 | 119,600 | 97,500 | | Other Current Assets | 11,400 | 13,800 | 14,800 | 9,900 | 800 | | Total Current Assets | 247,200 | 235,600 | 242,700 | 231,700 | 202,300 | | | Gross Fixed Assets | 868,000 | 823,100 | 762,700 | 794,400 | 712,900 | | Accumulated Depreciation | (412,000) | (406,300) | (348,700) | (341,200) | (301,400) | | Net Fixed Assets | 456,000 | 416,800 | 414,000 | 453,200 | 411,500 | | Intangibles | 17,000 | 9,000 | - | - | - | | Other Non-Current Assets | 36,800 | 18,000 | 34,100 | 32,200 | 19,800 | | Total Non-Current Assets | 527,800 | 461,000 | 448,100 | 485,400 | 433,600 | | Total Assets | 775,000 | 696,600 | 690,800 | 717,100 | 635,900 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 84,300 | 62,500 | 64,300 | 71,300 | 68,800 | | Short Term Debt | 13,600 | 17,100 | 30,000 | 50,900 | 30,700 | | Other Current Liabilities | - | - | - | - | - | | Total Current Liabilities | 215,200 | 166,500 | 172,000 | 206,400 | 179,600 | | | Long Term Debt | 87,300 | 80,200 | 83,700 | 63,000 | 66,200 | | Deferred Income Tax | 25,000 | 29,000 | 40,200 | 39,300 | 26,300 | | Other Non-Current Liabilities | 79,700 | 101,300 | 88,200 | 102,400 | 104,100 | | Minority Interest | 26,000 | 15,600 | 13,800 | 13,400 | 9,500 | | Total Non-Current Liabilities | 218,000 | 226,100 | 225,900 | 218,100 | 206,100 | | Total Liabilities | 433,200 | 392,600 | 397,900 | 424,500 | 385,700 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 341,800 | 304,000 | 292,900 | 292,600 | 250,200 | | Total Equity | 341,800 | 304,000 | 292,900 | 292,600 | 250,200 | | Total Liabilities & Stock Equity | 775,000 | 696,600 | 690,800 | 717,100 | 635,900 | | | |
