| Balance Sheet for Winsonic Digital Media Group Ltd. (WDMG) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 91 | 4 | - | 437 | 0 | | Marketable Securities | - | - | - | - | - | | Receivables | 104 | 465 | - | - | - | | Inventories | 6 | 5 | - | - | - | | Other Current Assets | 306 | 255 | - | 82 | - | | Total Current Assets | 544 | 796 | 16 | 519 | 0 | | | Gross Fixed Assets | 1,676 | 1,567 | 1,256 | 2,070 | 99 | | Accumulated Depreciation | (909) | (784) | (614) | (551) | (34) | | Net Fixed Assets | 767 | 783 | 641 | 1,519 | 65 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 494 | 25 | - | - | - | | Total Non-Current Assets | 1,525 | 1,792 | 641 | 1,519 | 65 | | Total Assets | 2,070 | 2,588 | 658 | 2,039 | 65 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 5,588 | 2,859 | 2,095 | 1,515 | 131 | | Short Term Debt | 2,015 | 695 | 1,520 | 1,296 | 221 | | Other Current Liabilities | 1,693 | 2,319 | 1,561 | 1,020 | 19 | | Total Current Liabilities | 16,307 | 8,519 | 6,530 | 5,560 | 400 | | | Long Term Debt | - | 45 | - | - | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | - | 45 | - | - | - | | Total Liabilities | 16,307 | 8,564 | 6,530 | 5,560 | 400 | | | Preferred Stock Equity | - | - | - | - | 133 | | Common Stock Equity | (14,238) | (5,976) | (5,872) | (3,522) | (468) | | Total Equity | (14,238) | (5,976) | (5,872) | (3,522) | (335) | | Total Liabilities & Stock Equity | 2,070 | 2,588 | 658 | 2,039 | 65 | | | |
