| Balance Sheet for TESSCO Technologies Inc. (TESS) | | | | | | | Assets | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Cash and Equivalents | 2,086 | 4,176 | 2,287 | 3,881 | 6,766 | | Marketable Securities | - | - | - | - | - | | Receivables | 55,699 | 44,860 | 43,576 | 60,907 | 47,125 | | Inventories | 49,057 | 37,449 | 47,616 | 60,833 | 40,987 | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 112,718 | 91,904 | 98,674 | 130,619 | 99,451 | | | Gross Fixed Assets | 43,190 | 48,135 | 45,798 | 42,954 | 38,654 | | Accumulated Depreciation | (20,957) | (23,879) | (21,179) | (16,761) | (12,710) | | Net Fixed Assets | 22,234 | 24,256 | 24,620 | 26,193 | 25,945 | | Intangibles | - | - | - | 2,452 | 2,452 | | Other Non-Current Assets | 2,536 | 2,514 | 1,054 | 1,293 | 1,281 | | Total Non-Current Assets | 31,080 | 31,778 | 28,126 | 29,938 | 29,678 | | Total Assets | 143,799 | 123,683 | 126,800 | 160,557 | 129,129 | | | Liabilities | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Accounts Payable | 64,433 | 47,258 | 44,984 | 82,618 | 55,250 | | Short Term Debt | 3,714 | 356 | 442 | 363 | 282 | | Other Current Liabilities | 6,603 | 9,619 | 2,317 | - | - | | Total Current Liabilities | 76,004 | 58,377 | 52,970 | 89,619 | 62,120 | | | Long Term Debt | 3,843 | 4,203 | 4,559 | 5,001 | 5,355 | | Deferred Income Tax | 2,189 | 2,700 | 2,785 | 3,561 | 3,419 | | Other Non-Current Liabilities | 1,611 | 1,251 | 1,379 | 1,554 | 1,901 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 7,643 | 8,154 | 8,724 | 10,116 | 10,675 | | Total Liabilities | 83,647 | 66,531 | 61,694 | 99,735 | 72,795 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 60,152 | 57,151 | 65,107 | 60,822 | 56,334 | | Total Equity | 60,152 | 57,151 | 65,107 | 60,822 | 56,334 | | Total Liabilities & Stock Equity | 143,799 | 123,683 | 126,800 | 160,557 | 129,129 | | | |
