| Balance Sheet for Universal Truckload Services Inc. (UACL) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 5,416 | 5,008 | 10,442 | 904 | 423 | | Marketable Securities | 17,961 | 15,330 | 14,356 | - | - | | Receivables | 86,626 | 82,259 | 72,032 | 59,441 | 43,216 | | Inventories | - | - | - | - | - | | Other Current Assets | 5,051 | 5,534 | 8,750 | 7,461 | 2,100 | | Total Current Assets | 118,251 | 111,568 | 107,939 | 68,602 | 46,694 | | | Gross Fixed Assets | 77,588 | 67,012 | 48,276 | 41,219 | 31,691 | | Accumulated Depreciation | (20,439) | (15,726) | (13,476) | (17,388) | (14,502) | | Net Fixed Assets | 57,149 | 51,286 | 34,800 | 23,831 | 17,189 | | Intangibles | 28,152 | 26,863 | 13,378 | 11,848 | 1,031 | | Other Non-Current Assets | 3,636 | 1,183 | 1,961 | 1,003 | 1,926 | | Total Non-Current Assets | 88,937 | 79,332 | 50,139 | 36,682 | 20,146 | | Total Assets | 207,188 | 190,900 | 158,078 | 105,284 | 66,840 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 29,975 | 30,156 | 26,726 | 21,154 | 12,174 | | Short Term Debt | - | - | - | 33,888 | 15,035 | | Other Current Liabilities | 18,468 | 19,561 | 14,408 | 62,478 | 6,536 | | Total Current Liabilities | 48,443 | 49,717 | 41,134 | 117,520 | 33,745 | | | Long Term Debt | 910 | 1,000 | - | 4,110 | 1,609 | | Deferred Income Tax | 5,146 | 3,958 | 2,385 | - | - | | Other Non-Current Liabilities | 1,247 | 1,772 | 1,387 | 479 | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 7,303 | 6,730 | 3,772 | 4,589 | 1,609 | | Total Liabilities | 55,746 | 56,447 | 44,906 | 122,109 | 35,354 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 151,442 | 134,453 | 113,172 | (16,825) | 31,486 | | Total Equity | 151,442 | 134,453 | 113,172 | (16,825) | 31,486 | | Total Liabilities & Stock Equity | 207,188 | 190,900 | 158,078 | 105,284 | 66,840 | | | |
