| Balance Sheet for Williams Controls Inc. (WMCO) | | | | | | | Assets | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Cash and Equivalents | 1,621 | 2,530 | 5,052 | 2,482 | 101 | | Marketable Securities | - | - | - | - | - | | Receivables | 9,710 | 10,599 | 9,475 | 8,617 | 14,200 | | Inventories | 9,152 | 9,918 | 4,433 | 3,777 | 4,053 | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 21,266 | 24,037 | 21,136 | 17,282 | 18,684 | | | Gross Fixed Assets | 21,356 | 20,283 | 19,033 | 16,213 | 15,407 | | Accumulated Depreciation | (12,403) | (11,826) | (11,578) | (10,811) | (9,760) | | Net Fixed Assets | 8,953 | 8,457 | 7,455 | 5,402 | 5,647 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 623 | 1,027 | 1,394 | 1,194 | 576 | | Total Non-Current Assets | 11,037 | 11,712 | 12,369 | 13,843 | 6,223 | | Total Assets | 32,303 | 35,749 | 33,505 | 31,125 | 24,907 | | | Liabilities | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Accounts Payable | 3,811 | 6,504 | 5,449 | 4,084 | 4,027 | | Short Term Debt | 1,000 | 3,996 | 5,503 | 3,454 | 4,658 | | Other Current Liabilities | 288 | 1,669 | 1,439 | - | - | | Total Current Liabilities | 10,082 | 17,697 | 17,616 | 13,747 | 17,481 | | | Long Term Debt | - | 4,544 | 8,126 | 16,640 | 402 | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 5,052 | 5,246 | 7,182 | 7,773 | 8,095 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 5,052 | 9,790 | 15,308 | 24,413 | 24,569 | | Total Liabilities | 15,134 | 27,487 | 32,924 | 38,160 | 42,050 | | | Preferred Stock Equity | - | - | - | - | 1 | | Common Stock Equity | 17,169 | 8,262 | 581 | (7,035) | (17,143) | | Total Equity | 17,169 | 8,262 | 581 | (7,035) | (17,142) | | Total Liabilities & Stock Equity | 32,303 | 35,749 | 33,505 | 31,125 | 24,908 | | | |
