Easson Telecom Balance Sheet

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2008	FY 2007	FY 2006
Period Ending	Dec '08 Dec 31, 2008	Dec '07 Dec 31, 2007	Dec '06 Dec 31, 2006
Cash & Equivalents	0.26	2.04	0.01
Cash & Short-Term Investments	0.26	2.04	0.01
Cash Growth	-87.22%	29552.25%	-
Accounts Receivable	-	0.48	0.32
Other Receivables	0.2	-	-
Receivables	0.2	0.48	0.32
Other Current Assets	2.75	0.03	-
Total Current Assets	3.22	2.55	0.32
Property, Plant & Equipment	0	0.01	0.02
Other Intangible Assets	-	-	0.18
Total Assets	18.63	17.59	10.99
Accounts Payable	-	0.02	-
Current Income Taxes Payable	0.03	0.54	0.17
Current Unearned Revenue	1.37	-	-
Other Current Liabilities	6.55	6.44	0.03
Total Current Liabilities	7.95	7	0.2
Long-Term Debt	14.01	14.01	4.57
Other Long-Term Liabilities	-	-	5.9
Total Liabilities	21.96	21	10.67
Common Stock	2.7	2.7	0
Retained Earnings	-6.17	-6.15	0.32
Comprehensive Income & Other	0.14	0.04	-
Shareholders' Equity	-3.33	-3.41	0.32
Total Liabilities & Equity	18.63	17.59	10.99
Total Debt	14.01	14.01	4.57
Net Cash (Debt)	-13.75	-11.97	-4.56
Net Cash Per Share	-10.18	-15.14	-
Filing Date Shares Outstanding	1.35	1.35	-
Total Common Shares Outstanding	1.35	1.35	-
Working Capital	-4.73	-4.45	0.12
Book Value Per Share	-2.46	-2.53	-
Tangible Book Value	-3.33	-3.41	0.14
Tangible Book Value Per Share	-2.46	-2.53	-
Machinery	0.01	0.01	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.