First Seismic Corp. (FSEI)

First Seismic Balance Sheet

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

Fiscal Year	FY 1999	FY 1998	FY 1997	FY 1996	FY 1995
Period Ending	Dec 31, 1999	Dec 31, 1998	Dec 31, 1997	Dec 31, 1996	Dec 31, 1995
Cash & Equivalents	0.45	0.17	0.18	0.21	0.44
Cash & Short-Term Investments	0.45	0.17	0.18	0.21	0.44
Cash Growth	164.42%	-7.88%	-12.29%	-52.25%	-
Accounts Receivable	0.25	0.42	0.49	0.45	0.9
Other Receivables	-	-	0.03	-	-
Receivables	0.25	0.42	0.52	0.45	0.9
Total Current Assets	0.7	0.59	0.71	0.66	1.34
Property, Plant & Equipment	1.31	0.25	0.22	0.15	0.15
Other Intangible Assets	1.42	2.68	2.14	2.3	2.67
Long-Term Deferred Tax Assets	0.15	-	-	-	-
Other Long-Term Assets	0.03	0.04	0.04	0.04	0.03
Total Assets	3.61	3.56	3.12	3.15	4.18
Accounts Payable	0.64	1.08	0.67	0.47	1.72
Accrued Expenses	0.34	0.17	0.07	0.05	0.3
Short-Term Debt	0	-	-	-	-
Current Portion of Long-Term Debt	0	-	0.18	0.75	0.68
Current Unearned Revenue	-	-	0.06	-	-
Total Current Liabilities	0.98	1.25	0.97	1.27	2.7
Long-Term Debt	0.01	1.46	1.61	1.38	1.72
Other Long-Term Liabilities	0.07	0.07	0.26	0.49	0.4
Total Liabilities	1.05	2.78	2.85	3.13	4.82
Common Stock	0.09	0.06	0.05	0.05	0.05
Additional Paid-In Capital	12.42	9.53	9.47	9.37	9.12
Retained Earnings	-10.12	-8.78	-9.19	-9.35	-9.73
Treasury Stock	-	-0.07	-0.07	-0.07	-0.07
Comprehensive Income & Other	-0.01	-0.01	-0.01	-	-
Total Common Equity	2.38	0.73	0.27	0.01	-0.63
Shareholders' Equity	2.56	0.78	0.27	0.01	-0.63
Total Liabilities & Equity	3.61	3.56	3.12	3.15	4.18
Total Debt	0.01	1.46	1.79	2.13	2.4
Net Cash (Debt)	0.44	-1.29	-1.61	-1.92	-1.96
Net Cash Per Share	0.05	-0.23	-0.31	-0.38	-0.41
Filing Date Shares Outstanding	9.24	5.74	5.32	5.07	4.82
Total Common Shares Outstanding	9.24	5.74	5.32	5.07	4.82
Working Capital	-0.28	-0.66	-0.27	-0.61	-1.36
Book Value Per Share	0.26	0.13	0.05	0.00	-0.13
Tangible Book Value	0.96	-1.95	-1.88	-2.29	-3.3
Tangible Book Value Per Share	0.10	-0.34	-0.35	-0.45	-0.69
Land	1.24	0.17	-	-	-
Machinery	0.18	0.16	0.09	0.08	0.06

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