| Balance Sheet for Universal Display Corp. (PANL) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 33,871 | 31,098 | 30,654 | 18,931 | 14,070 | | Marketable Securities | 49,789 | 17,958 | 17,190 | 26,258 | 12,812 | | Receivables | 2,395 | 2,113 | 1,944 | 2,588 | 806 | | Inventories | 41 | 31 | 36 | 20 | 33 | | Other Current Assets | 674 | 606 | 498 | 238 | 154 | | Total Current Assets | 86,770 | 51,805 | 50,323 | 48,035 | 27,874 | | | Gross Fixed Assets | 25,518 | 24,307 | 22,142 | 16,508 | 9,158 | | Accumulated Depreciation | (11,993) | (10,232) | (8,588) | (6,956) | (5,626) | | Net Fixed Assets | 13,526 | 14,074 | 13,554 | 9,552 | 3,532 | | Intangibles | 4,624 | 6,319 | 8,015 | 9,710 | 11,405 | | Other Non-Current Assets | 80 | 133 | 1,928 | 6,596 | 3,390 | | Total Non-Current Assets | 18,230 | 20,526 | 23,497 | 25,857 | 18,327 | | Total Assets | 105,000 | 72,332 | 73,819 | 73,892 | 46,202 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 861 | 1,809 | 1,250 | 724 | 437 | | Short Term Debt | - | - | - | 300 | 4 | | Other Current Liabilities | 7,178 | 7,178 | 3,478 | 1,767 | 1,267 | | Total Current Liabilities | 12,791 | 14,383 | 11,975 | 7,404 | 4,195 | | | Long Term Debt | - | - | - | 4,200 | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 2,994 | 3,566 | 4,228 | 3,100 | 3,100 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 2,994 | 3,566 | 4,228 | 7,300 | 3,100 | | Total Liabilities | 15,784 | 17,949 | 16,203 | 14,704 | 7,295 | | | Preferred Stock Equity | 2 | 2 | 2 | 2 | 5 | | Common Stock Equity | 89,214 | 54,380 | 57,614 | 59,186 | 38,902 | | Total Equity | 89,216 | 54,382 | 57,616 | 59,188 | 38,907 | | Total Liabilities & Stock Equity | 105,000 | 72,332 | 73,819 | 73,892 | 46,202 | | | |
