| Balance Sheet for SMART Modular Technologies Inc. (SMOD) | | | | | | | Assets | in Thousands of Dollars | | | 08/2007 | 08/2006 | 08/2005 | | | Cash and Equivalents | 144,147 | 85,620 | 75,970 | | Marketable Securities | - | - | 5,071 | | Receivables | 184,391 | 208,652 | 144,760 | | Inventories | 65,105 | 65,902 | 53,122 | | Other Current Assets | - | - | - | | Total Current Assets | 401,860 | 377,705 | 288,382 | | | Gross Fixed Assets | 57,190 | 39,513 | 20,113 | | Accumulated Depreciation | (23,602) | (13,542) | (8,804) | | Net Fixed Assets | 33,588 | 25,971 | 11,309 | | Intangibles | - | - | 11,390 | | Other Non-Current Assets | 14,442 | 19,593 | 9,980 | | Total Non-Current Assets | 51,217 | 48,751 | 32,679 | | Total Assets | 453,077 | 426,456 | 321,061 | | | Liabilities | in Thousands of Dollars | | | 08/2007 | 08/2006 | 08/2005 | | | Accounts Payable | 131,937 | 169,349 | 125,305 | | Short Term Debt | - | - | - | | Other Current Liabilities | - | - | 1,000 | | Total Current Liabilities | 155,980 | 196,674 | 156,217 | | | Long Term Debt | 81,250 | 81,250 | 125,000 | | Deferred Income Tax | - | - | - | | Other Non-Current Liabilities | - | 1,637 | 961 | | Minority Interest | - | - | - | | Total Non-Current Liabilities | 81,250 | 82,887 | 125,961 | | Total Liabilities | 237,230 | 279,561 | 282,178 | | | Preferred Stock Equity | - | - | - | | Common Stock Equity | 215,847 | 146,895 | 38,883 | | Total Equity | 215,847 | 146,895 | 38,883 | | Total Liabilities & Stock Equity | 453,077 | 426,456 | 321,061 | | | |
