Celerity Solutions Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 1999	FY 1998	FY 1997	FY 1996	FY 1995
Period Ending	Dec '99 Dec 31, 1999	Mar '99 Mar 31, 1999	Mar '98 Mar 31, 1998	Mar '97 Mar 31, 1997	Mar '96 Mar 31, 1996	Mar '95 Mar 31, 1995
Cash & Equivalents	0.21	0.4	1.35	0.76	1.96	1.69
Short-Term Investments	0.01	0.01	0.99	1	2.36	1.78
Cash & Short-Term Investments	0.22	0.41	2.34	1.76	4.32	3.46
Cash Growth	-72.89%	-82.29%	33.27%	-59.37%	24.80%	-
Accounts Receivable	1.01	2.77	2.2	1.03	0.5	0.93
Other Receivables	-	0.04	-	-	-	-
Receivables	1.11	2.93	3.36	1.28	1	1.23
Prepaid Expenses	0.14	0.13	0.11	0.08	0.17	0.21
Total Current Assets	1.47	3.47	5.81	3.11	5.5	4.9
Property, Plant & Equipment	0.43	0.62	0.57	0.66	0.37	0.47
Goodwill	0.89	1	1.13	0.83	-	0.6
Other Intangible Assets	0.71	0.79	0.8	0.2	-	0.16
Other Long-Term Assets	0.11	0.08	0.01	0.04	0.03	0.03
Total Assets	3.62	5.96	8.45	5.91	7.15	7.09
Accounts Payable	1.07	2.44	1.29	0.43	0.17	0.82
Short-Term Debt	-	0.2	0.04	-	-	-
Current Portion of Long-Term Debt	0.43	0.59	1.1	-	-	-
Current Income Taxes Payable	-	-	0.51	-	-	-
Current Unearned Revenue	0.18	0.39	0.45	0.4	0.07	0.36
Total Current Liabilities	1.67	3.62	3.39	0.83	0.24	1.18
Long-Term Debt	0.72	1.02	1.18	1.55	-	-
Other Long-Term Liabilities	0.06	0.06	0.07	0.08	0.1	0.08
Total Liabilities	2.45	4.7	4.64	2.46	0.34	1.26
Common Stock	0.96	0.96	0.88	0.69	0.57	0.56
Additional Paid-In Capital	19.04	19.04	18.9	16.75	15.82	15.76
Retained Earnings	-16.9	-16.82	-13.93	-11.93	-7.52	-10.5
Treasury Stock	-1.93	-1.93	-2.05	-2.05	-2.05	-
Shareholders' Equity	1.17	1.25	3.81	3.45	6.81	5.82
Total Liabilities & Equity	3.62	5.96	8.45	5.91	7.15	7.09
Total Debt	1.15	1.81	2.32	1.55	-	-
Net Cash (Debt)	-0.92	-1.4	0.02	0.21	4.32	3.46
Net Cash Growth	-	-	-89.61%	-95.26%	24.80%	-
Net Cash Per Share	-0.10	-0.17	0.00	0.04	0.83	0.61
Filing Date Shares Outstanding	9.59	8.84	8.02	6.03	4.83	5.64
Total Common Shares Outstanding	9.59	8.82	8.02	6.03	4.83	5.64
Working Capital	-0.2	-0.15	2.42	2.28	5.26	3.72
Book Value Per Share	0.12	0.14	0.47	0.57	1.41	1.03
Tangible Book Value	-0.43	-0.53	1.87	2.42	6.81	5.06
Tangible Book Value Per Share	-0.05	-0.06	0.23	0.40	1.41	0.90
Buildings	-	0.04	0.03	-	-	-
Machinery	-	1.55	1.23	-	-	-
Leasehold Improvements	-	0.04	0.03	-	-	-

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