Ballistic Recovery Systems Inc. (BRSI)

BRSI Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	FY 2008	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Sep 30, 2008	Sep 30, 2007	Sep 30, 2006	Sep 30, 2005	Sep 30, 2004
Cash & Equivalents	0.07	0.91	0.05	0.1	1.31
Cash & Short-Term Investments	0.07	0.91	0.05	0.1	1.31
Cash Growth	-92.14%	1602.33%	-47.89%	-92.16%	52.41%
Accounts Receivable	0.73	1.32	0.54	0.46	0.4
Other Receivables	-	-	-	0.23	-
Receivables	0.88	1.37	0.54	0.69	0.41
Inventory	2.24	1.79	2.46	1.46	1.13
Prepaid Expenses	0.26	0.29	0.14	0.06	0.04
Total Current Assets	3.53	4.45	3.36	2.48	3.16
Property, Plant & Equipment	4.5	0.65	0.59	0.59	0.3
Goodwill	0.17	-	0.1	0.1	-
Other Intangible Assets	0.18	0.02	0.04	0.16	0.05
Long-Term Deferred Tax Assets	3.31	1.42	1.22	1.3	-
Other Long-Term Assets	-	0.03	0.11	0.03	0.05
Total Assets	11.69	6.56	5.42	4.65	3.56
Accounts Payable	1.64	0.78	0.69	0.31	0.17
Accrued Expenses	0.43	0.37	0.32	0.19	0.26
Short-Term Debt	0.79	-	0.3	0.2	-
Current Portion of Long-Term Debt	-	-	0.01	0.24	0.05
Current Income Taxes Payable	-	-	-	-	0.18
Current Unearned Revenue	0.13	0.1	0.04	0.13	0.08
Other Current Liabilities	0	-	-	0.08	-
Total Current Liabilities	2.98	1.25	1.36	1.15	0.74
Long-Term Debt	2.13	-	1.05	1.05	0
Other Long-Term Liabilities	1.27	-	-	-	-
Total Liabilities	6.38	1.25	2.41	2.2	0.74
Common Stock	0.11	0.11	0.08	0.08	0.07
Additional Paid-In Capital	10.26	10.26	6.31	5.78	3.84
Retained Earnings	-5.07	-5.07	-3.38	-3.41	-1.1
Shareholders' Equity	5.3	5.31	3	2.45	2.81
Total Liabilities & Equity	11.69	6.56	5.42	4.65	3.56
Total Debt	2.92	-	1.36	1.5	0.05
Net Cash (Debt)	-2.85	0.91	-1.3	-1.4	1.27
Net Cash Growth	-	-	-	-	63.75%
Net Cash Per Share	-0.25	0.09	-0.17	-0.19	0.18
Filing Date Shares Outstanding	11.33	11.3	8.09	7.69	6.84
Total Common Shares Outstanding	11.33	11.3	8.09	7.69	6.84
Working Capital	0.55	3.2	2	1.33	2.42
Book Value Per Share	0.47	0.47	0.37	0.32	0.41
Tangible Book Value	4.95	5.29	2.86	2.19	2.77
Tangible Book Value Per Share	0.44	0.47	0.35	0.28	0.40
Machinery	5.41	1.31	1.09	0.94	0.59
Order Backlog	-	0.32	9.94	-	1.84

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