| Balance Sheet for Zhone Technologies Inc. (ZHNE) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 37,804 | 46,973 | 52,166 | 46,604 | 32,547 | | Marketable Securities | 12,361 | 17,337 | 18,974 | 18,612 | - | | Receivables | 33,258 | 31,828 | 35,392 | 19,243 | 76,402 | | Inventories | 44,698 | 45,036 | 48,370 | 37,352 | 24,281 | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 131,925 | 145,026 | 160,713 | 125,760 | 137,135 | | | Gross Fixed Assets | 30,725 | 31,367 | 30,103 | 27,512 | 25,419 | | Accumulated Depreciation | (9,907) | (7,663) | (6,006) | (4,545) | (2,834) | | Net Fixed Assets | 20,818 | 23,704 | 24,097 | 22,967 | 22,585 | | Intangibles | - | - | 194,639 | 175,079 | 113,214 | | Other Non-Current Assets | 262 | 715 | 656 | 1,421 | 1,635 | | Total Non-Current Assets | 91,481 | 95,156 | 219,392 | 199,467 | 137,434 | | Total Assets | 223,406 | 240,182 | 380,105 | 325,227 | 274,569 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 21,276 | 18,893 | 17,912 | 14,155 | 19,998 | | Short Term Debt | 15,265 | 22,173 | 15,670 | 15,878 | 6,151 | | Other Current Liabilities | - | 8,702 | - | - | - | | Total Current Liabilities | 54,429 | 61,154 | 58,192 | 53,971 | 54,834 | | | Long Term Debt | 19,140 | 19,376 | 28,597 | 39,935 | 32,040 | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 290 | 2,048 | 1,527 | 1,537 | 816 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 19,430 | 21,424 | 30,124 | 41,472 | 32,856 | | Total Liabilities | 73,859 | 82,578 | 88,316 | 95,443 | 87,690 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 149,547 | 157,604 | 291,789 | 229,784 | 186,879 | | Total Equity | 149,547 | 157,604 | 291,789 | 229,784 | 186,879 | | Total Liabilities & Stock Equity | 223,406 | 240,182 | 380,105 | 325,227 | 274,569 | | | |
