Health Sciences Group, Inc. (HESG)

Health Sciences Group Balance Sheet

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

Fiscal Year	TTM	FY 2005	FY 2004	FY 2003	FY 2002	FY 2001
Period Ending	Sep 30, 2006	Dec 31, 2005	Dec 31, 2004	Dec 31, 2003	Dec 31, 2002	Dec 31, 2001
Cash & Equivalents	0	0.02	0.24	0.12	0.17	-
Cash & Short-Term Investments	0	0.02	0.24	0.12	0.17	-
Cash Growth	-99.42%	-91.16%	98.66%	-28.37%	-	-
Receivables	0.01	0.01	0.14	0.41	0.57	0.4
Inventory	0.05	0.09	0.06	0.14	0.16	0.12
Prepaid Expenses	0.01	0.01	0.01	0.02	0.09	-
Other Current Assets	-	-	0.31	5.6	0.28	0
Total Current Assets	0.07	0.13	0.76	6.29	1.27	0.52
Property, Plant & Equipment	-	-	0.03	0.07	0.13	0.2
Long-Term Investments	-	-	-	-	-	0.84
Goodwill	0.67	0.67	-	0.35	0.35	-
Other Intangible Assets	2.96	3.35	3.6	4	4.22	4.71
Long-Term Deferred Charges	-	-	0.01	0.19	0	-
Total Assets	3.7	4.16	4.4	10.9	5.97	6.27
Accounts Payable	0.24	0.27	0.83	0.76	1.02	0.61
Accrued Expenses	0.75	0.88	0.84	0.2	-	-
Short-Term Debt	0.07	0.02	0.16	0.21	0.07	0.21
Current Portion of Long-Term Debt	0.34	0.32	0.72	0.02	0.22	0.41
Current Portion of Leases	-	-	-	0	0.02	0.02
Other Current Liabilities	3.72	3.54	3.63	5.04	0	-
Total Current Liabilities	5.11	5.03	6.19	6.23	1.34	1.24
Long-Term Debt	-	-	-	0.64	0.17	0.02
Long-Term Leases	-	-	-	-	-	0.02
Other Long-Term Liabilities	0.14	1.21	2.6	2.32	-	-
Total Liabilities	5.25	6.24	8.79	9.19	1.5	1.28
Common Stock	0.04	0.03	0.02	0.01	0.01	0.01
Additional Paid-In Capital	27.71	24.74	18	14.01	9.52	5.9
Retained Earnings	-32.46	-28.68	-22.92	-12.47	-5.05	-0.77
Treasury Stock	-	-	-0.05	-0.05	-	-
Comprehensive Income & Other	-	-1	-0.44	-0.52	-0	-0.15
Total Common Equity	-4.7	-4.91	-5.39	0.98	4.47	4.98
Shareholders' Equity	-1.55	-2.08	-4.39	1.71	4.47	4.98
Total Liabilities & Equity	3.7	4.16	4.4	10.9	5.97	6.27
Total Debt	0.41	0.34	0.88	0.87	0.48	0.67
Net Cash (Debt)	-0.41	-0.31	-0.64	-0.75	-0.31	-0.67
Net Cash Per Share	-0.01	-0.01	-0.05	-0.07	-0.05	-0.20
Filing Date Shares Outstanding	56.29	28.28	22.6	12.84	9.16	6.91
Total Common Shares Outstanding	44.14	28.28	18.21	12.84	9.16	6.81
Working Capital	-5.04	-4.9	-5.43	0.05	-0.07	-0.72
Book Value Per Share	-0.11	-0.17	-0.30	0.08	0.49	0.73
Tangible Book Value	-8.33	-8.94	-8.99	-3.37	-0.1	0.28
Tangible Book Value Per Share	-0.19	-0.32	-0.49	-0.26	-0.01	0.04
Buildings	-	-	-	0.08	0.08	0.07
Machinery	-	-	0.11	0.16	0.15	0.14
Leasehold Improvements	-	-	-	0.08	0.08	0.07

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