| Balance Sheet for Wet Seal Inc. (WTSLA) | | | | | | | Assets | in Thousands of Dollars | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | 01/2004 | | | Cash and Equivalents | 100,618 | 105,254 | 96,806 | 71,702 | 13,526 | | Marketable Securities | - | - | - | - | 30,817 | | Receivables | 5,882 | 3,660 | 2,586 | 3,525 | 12,559 | | Inventories | 31,590 | 34,231 | 25,475 | 18,372 | 29,054 | | Other Current Assets | - | - | 3,944 | - | 1,067 | | Total Current Assets | 149,081 | 151,940 | 128,811 | 97,517 | 94,030 | | | Gross Fixed Assets | 165,411 | 140,456 | 123,525 | 139,499 | 212,592 | | Accumulated Depreciation | (92,530) | (89,931) | (79,888) | (85,508) | (119,798) | | Net Fixed Assets | 72,881 | 50,525 | 43,637 | 53,991 | 92,794 | | Intangibles | - | - | 5,984 | 5,984 | 6,323 | | Other Non-Current Assets | 2,114 | 2,206 | 4,795 | 6,431 | 44,190 | | Total Non-Current Assets | 74,995 | 56,227 | 54,416 | 66,406 | 143,307 | | Total Assets | 224,076 | 208,167 | 183,227 | 163,923 | 237,337 | | | Liabilities | in Thousands of Dollars | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | 01/2004 | | | Accounts Payable | 19,671 | 21,221 | 23,467 | 20,376 | 29,129 | | Short Term Debt | - | - | - | 10,577 | - | | Other Current Liabilities | 4,729 | 3,509 | - | - | 3,105 | | Total Current Liabilities | 58,845 | 61,986 | 59,939 | 70,510 | 55,463 | | | Long Term Debt | 3,583 | 2,739 | 19,824 | 19,811 | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 31,642 | 24,478 | 27,224 | 33,997 | 12,931 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 37,392 | 29,384 | 56,708 | 53,808 | 12,931 | | Total Liabilities | 96,237 | 91,370 | 116,647 | 124,318 | 68,394 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 127,839 | 116,797 | 66,580 | 39,605 | 168,943 | | Total Equity | 127,839 | 116,797 | 66,580 | 39,605 | 168,943 | | Total Liabilities & Stock Equity | 224,076 | 208,167 | 183,227 | 163,923 | 237,337 | | | |
