Creative Vistas, Inc. (CVAS)

Creative Vistas Balance Sheet

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

Fiscal Year	TTM	FY 2011	FY 2010	FY 2009	FY 2008	FY 2007
Period Ending	Sep 30, 2012	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007
Cash & Equivalents	1.08	0.91	1.78	2.44	4.77	1.96
Cash & Short-Term Investments	1.08	0.91	1.78	2.44	4.77	1.96
Cash Growth	-9.29%	-49.03%	-27.11%	-48.83%	143.34%	-44.95%
Accounts Receivable	0.87	0.9	1.13	4.29	4.57	6.19
Other Receivables	0.18	0.24	0.18	0.26	0.19	0.45
Receivables	1.05	1.13	1.31	4.55	4.76	6.64
Inventory	0.37	0.37	0.48	0.79	0.83	1.04
Prepaid Expenses	0.03	0.01	0.01	0.35	0.29	0.27
Other Current Assets	-	-	2.73	-	-	-
Total Current Assets	2.53	2.42	6.32	8.13	10.65	9.91
Property, Plant & Equipment	0.72	0.72	0.79	6.67	9.21	6.35
Goodwill	-	-	-	-	-	3.1
Other Intangible Assets	-	-	-	0.28	0.85	1.72
Long-Term Deferred Tax Assets	0.04	0.04	0.04	0.04	0.04	0.04
Long-Term Deferred Charges	-	-	0	0.38	0.48	0.55
Other Long-Term Assets	0.02	0.02	4.12	0.28	0.46	0.18
Total Assets	3.31	3.2	11.27	15.78	21.7	21.85
Accounts Payable	1.56	1.06	1.48	1.92	2.61	3.33
Accrued Expenses	-	0.16	0.23	2.6	3.16	2.71
Short-Term Debt	0.32	-	0.26	1.96	1.59	0.01
Current Portion of Long-Term Debt	1.55	1.55	8.9	1.75	2	2.54
Current Portion of Leases	-	-	-	1.5	2.13	1.2
Current Unearned Revenue	0.08	0.06	0.11	0.08	0.12	0.09
Other Current Liabilities	-	0.04	9.31	0.04	0.03	0.04
Total Current Liabilities	3.54	2.89	20.32	9.88	11.65	9.94
Long-Term Debt	1.74	1.73	1.73	15.63	15.75	15.3
Long-Term Leases	-	-	-	3.54	4.55	3.18
Other Long-Term Liabilities	-	-	3.6	-	-	0.3
Total Liabilities	5.27	4.62	25.65	29.05	31.96	28.72
Common Stock	6.56	6.56	6.56	6.56	6.49	1.44
Additional Paid-In Capital	14.34	14.34	14.31	14.16	14.01	4.96
Retained Earnings	-22.49	-22.02	-33.64	-32.96	-31.36	-12.45
Comprehensive Income & Other	-0.37	-0.3	-1.61	-1.03	0.6	-0.83
Shareholders' Equity	-1.96	-1.42	-14.38	-13.27	-10.26	-6.87
Total Liabilities & Equity	3.31	3.2	11.27	15.78	21.7	21.85
Total Debt	3.6	3.27	10.89	24.39	26.02	22.23
Net Cash (Debt)	-2.52	-2.37	-9.11	-21.95	-21.24	-20.27
Net Cash Per Share	-0.07	-0.06	-0.24	-0.59	-0.58	-0.60
Filing Date Shares Outstanding	37.49	37.49	37.49	37.49	37.22	34.49
Total Common Shares Outstanding	37.49	37.49	37.49	37.49	37.22	34.49
Working Capital	-1	-0.47	-14	-1.75	-1	-0.03
Book Value Per Share	-0.05	-0.04	-0.38	-0.35	-0.28	-0.20
Tangible Book Value	-1.96	-1.42	-14.38	-13.55	-11.11	-11.69
Tangible Book Value Per Share	-0.05	-0.04	-0.38	-0.36	-0.30	-0.34
Land	-	0.1	0.1	0.09	0.08	0.1
Buildings	-	0.84	0.86	0.82	0.7	0.86
Machinery	-	0.29	0.39	4.05	4.03	3.51
Leasehold Improvements	-	-	0.02	0.47	0.41	0.34
Order Backlog	-	1.5	-	-	-	-

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