Cortelco Systems Puerto Rico, Inc. (CPROF)

CPROF Balance Sheet

Financials in millions USD. Fiscal year is August - July.

Fiscal Year	TTM	FY 2008	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Apr 30, 2009	Jul 31, 2008	Jul 31, 2007	Jul 31, 2006	Jul 31, 2005	Jul 31, 2004
Cash & Equivalents	0.44	0.92	1.01	0.87	0.5	0.13
Cash & Short-Term Investments	0.44	0.92	1.01	0.87	0.5	0.13
Cash Growth	-42.24%	-8.61%	15.81%	74.95%	296.03%	100.00%
Accounts Receivable	2.42	1.9	1.74	1.56	1.38	2.14
Other Receivables	-	-	-	-	0	-
Receivables	2.42	1.9	1.74	1.56	1.38	2.14
Inventory	0.41	0.23	0.54	0.25	0.28	0.44
Prepaid Expenses	0.1	0.09	0.12	0.09	0.1	0.12
Total Current Assets	3.36	3.14	3.41	2.77	2.26	2.83
Property, Plant & Equipment	0.06	0.08	0.06	0.12	0.18	0.32
Long-Term Investments	0.02	0.03	0.15	0.22	-	-
Other Intangible Assets	0	0.01	0.01	0.04	0.05	-
Long-Term Accounts Receivable	0.08	0.13	-	-	-	-
Total Assets	3.53	3.39	3.62	3.14	2.49	3.15
Accounts Payable	1.2	1	1.04	0.5	0.5	0.95
Accrued Expenses	0.37	0.32	0.28	0.38	0.28	0.35
Short-Term Debt	0.25	-	-	-	-	-
Current Unearned Revenue	0.17	0.22	0.27	0.37	0.29	0.23
Other Current Liabilities	0.12	0.01	0.25	0.12	0.17	0.38
Total Current Liabilities	2.12	1.54	1.83	1.36	1.23	1.91
Total Liabilities	2.12	1.54	1.83	1.36	1.23	1.91
Common Stock	0.02	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	7.33	7.33	7.32	7.32	6.97	6.97
Retained Earnings	-5.92	-5.49	-5.45	-5.53	-5.73	-5.74
Treasury Stock	-0.01	-0.01	-0.01	-0.01	-	-
Comprehensive Income & Other	-0	-	-0.08	-0.01	-	-
Shareholders' Equity	1.42	1.84	1.8	1.78	1.25	1.24
Total Liabilities & Equity	3.53	3.39	3.62	3.14	2.49	3.15
Total Debt	0.25	-	-	-	-	-
Net Cash (Debt)	0.19	0.92	1.01	0.87	0.5	0.13
Net Cash Growth	-75.13%	-8.61%	15.81%	74.95%	296.03%	231.58%
Net Cash Per Share	0.12	0.58	0.64	0.55	0.31	0.09
Filing Date Shares Outstanding	1.59	1.59	1.57	1.57	1.6	1.6
Total Common Shares Outstanding	1.59	1.59	1.57	1.57	1.6	1.6
Working Capital	1.25	1.6	1.58	1.41	1.02	0.92
Book Value Per Share	0.89	1.16	1.14	1.13	0.78	0.77
Tangible Book Value	1.41	1.84	1.78	1.74	1.2	1.24
Tangible Book Value Per Share	0.89	1.16	1.13	1.11	0.75	0.77
Buildings	-	-	-	0.09	0.09	0.09
Machinery	-	0.1	0.11	0.25	0.34	0.68
Leasehold Improvements	-	0.03	0.09	0.09	0.09	0.09

Updated Jun 15, 2009. Source: S&P Global Market Intelligence. Standard template. Financial Sources.