| Balance Sheet for Wavecom S.A. (WVCM) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 6,830 | 72,293 | 71,795 | 72,225 | 139,178 | | Marketable Securities | 196,571 | - | - | - | - | | Receivables | 44,672 | 38,709 | 28,725 | 30,972 | 56,099 | | Inventories | 8,809 | 8,752 | 7,631 | 22,228 | 42,505 | | Other Current Assets | 416 | 731 | 1,177 | 1,493 | 12,453 | | Total Current Assets | 267,917 | 122,869 | 112,391 | 134,341 | 264,619 | | | Gross Fixed Assets | 84,611 | 71,996 | 62,942 | 84,649 | 80,978 | | Accumulated Depreciation | (70,617) | (59,565) | (55,562) | (67,558) | (45,951) | | Net Fixed Assets | 13,994 | 12,431 | 7,380 | 17,091 | 35,027 | | Intangibles | 9,861 | 13,661 | - | - | - | | Other Non-Current Assets | 34,285 | 11,319 | 10,959 | 21,400 | 45,040 | | Total Non-Current Assets | 69,993 | 60,817 | 29,721 | 51,518 | 88,013 | | Total Assets | 337,910 | 183,686 | 142,112 | 185,859 | 352,632 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 40,322 | 47,848 | 28,775 | 49,298 | 108,113 | | Short Term Debt | 1,272 | 308 | 358 | 631 | 1,075 | | Other Current Liabilities | 5,333 | 862 | 266 | 990 | 89 | | Total Current Liabilities | 65,126 | 66,410 | 44,936 | 106,629 | 164,950 | | | Long Term Debt | 117,554 | - | - | - | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 25,193 | 22,192 | 21,156 | 2,347 | 7,879 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 143,244 | 22,700 | 21,267 | 2,756 | 8,413 | | Total Liabilities | 208,370 | 89,110 | 66,201 | 109,384 | 173,362 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 129,540 | 94,576 | 75,910 | 76,475 | 179,269 | | Total Equity | 129,540 | 94,576 | 75,910 | 76,475 | 179,269 | | Total Liabilities & Stock Equity | 337,910 | 183,686 | 142,111 | 185,859 | 352,631 | | | |
