Cuisine Solutions, Inc. (CUSI)

Cuisine Solutions Balance Sheet

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

Fiscal Year	TTM	FY 2008	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Apr 4, 2009	Jun 28, 2008	Jun 30, 2007	Jun 24, 2006	Jun 25, 2005	Jun 26, 2004
Cash & Equivalents	0.83	1.02	0.55	2.15	2.17	1.4
Cash & Short-Term Investments	0.83	1.02	0.55	2.15	2.17	1.4
Cash Growth	294.74%	86.08%	-74.65%	-0.78%	55.63%	2.80%
Accounts Receivable	7.79	8.26	5.86	5.36	3.76	3.75
Other Receivables	-	-	0.06	0.03	0.09	0.06
Receivables	7.79	8.26	5.92	5.39	3.85	3.81
Inventory	9.86	11.32	15.08	9.46	6.93	5.42
Prepaid Expenses	0.51	0.48	0.52	0.37	0.34	0.14
Other Current Assets	0.46	0.46	0.64	0.62	0.29	2.24
Total Current Assets	19.91	22.34	23.39	18	13.59	13.01
Property, Plant & Equipment	13.07	14.01	12.52	8.32	3.89	3.55
Long-Term Investments	0.38	0.38	0.38	0.38	1.47	1.11
Long-Term Deferred Tax Assets	5.29	5	4.88	-	-	-
Other Long-Term Assets	0.29	0.22	0.15	0.08	0.05	0.05
Total Assets	38.94	41.95	41.32	26.77	18.99	17.71
Accounts Payable	6.82	6.36	7	5.83	4.23	4.26
Accrued Expenses	1.52	2.39	2.49	2.46	1.63	1.34
Short-Term Debt	0.37	1.05	1.81	1	1.77	-
Current Portion of Long-Term Debt	1.02	0.9	0.78	0.36	0.42	0.92
Current Portion of Leases	-	0.01	-	-	-	-
Other Current Liabilities	-	-	-	0.15	1.2	3.64
Total Current Liabilities	9.72	10.7	12.07	9.79	9.25	10.16
Long-Term Debt	4.41	5.67	5.52	3.32	1.08	0.98
Long-Term Leases	-	0.02	-	-	-	-
Other Long-Term Liabilities	0.79	0.77	0.6	0.4	-	-
Total Liabilities	14.92	17.16	18.2	13.51	10.34	11.14
Common Stock	0.18	0.17	0.17	0.17	0.16	0.16
Additional Paid-In Capital	29.48	28.95	28.25	27.52	26.75	26.38
Retained Earnings	-6.76	-6.36	-6.4	-15.13	-18.78	-20.49
Treasury Stock	-0.1	-	-	-	-	-
Comprehensive Income & Other	1.16	2.03	1.11	0.7	0.52	0.52
Shareholders' Equity	24.01	24.79	23.12	13.26	8.65	6.57
Total Liabilities & Equity	38.94	41.95	41.32	26.77	18.99	17.71
Total Debt	5.79	7.64	8.11	4.68	3.28	1.9
Net Cash (Debt)	-4.97	-6.63	-7.57	-2.52	-1.11	-0.51
Net Cash Per Share	-0.29	-0.37	-0.41	-0.14	-0.06	-0.03
Filing Date Shares Outstanding	17.39	17.45	16.62	16.44	16.09	15.83
Total Common Shares Outstanding	17.39	17.45	16.62	16.44	16.07	15.83
Working Capital	10.19	11.64	11.31	8.2	4.34	2.85
Book Value Per Share	1.38	1.42	1.39	0.81	0.54	0.42
Tangible Book Value	23.95	24.79	23.12	13.26	8.65	6.57
Tangible Book Value Per Share	1.38	1.42	1.39	0.81	0.54	0.42
Land	-	0.57	0.48	0.45	0.07	0.07
Buildings	-	6.88	5.87	4.54	4.96	4.86
Machinery	-	19.67	14.67	13.84	12.81	12.31
Construction In Progress	-	0.47	2.95	0.48	0.39	0.02
Leasehold Improvements	-	4.35	3.51	3.1	2.38	2.32

Source: S&P Capital IQ. Standard template. Financial Sources.