IBSG International Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2007	FY 2006	FY 2005	FY 2004	FY 2003
Period Ending	Sep '08 Sep 30, 2008	Dec '07 Dec 31, 2007	Dec '06 Dec 31, 2006	Dec '05 Dec 31, 2005	Dec '04 Dec 31, 2004	Dec '03 Dec 31, 2003
Cash & Equivalents	8.95	2.14	0.96	1.3	0.01	0.01
Cash & Short-Term Investments	8.95	2.14	0.96	1.3	0.01	0.01
Cash Growth	172.82%	121.92%	-25.73%	15307.30%	51.48%	-
Accounts Receivable	24.47	20.67	14.82	10.61	4.62	-
Other Receivables	-	-	0.52	0.02	-	-
Receivables	24.47	20.67	15.34	10.64	4.62	-
Prepaid Expenses	1.37	1.4	0.45	0.62	0.01	-
Other Current Assets	-	-	0.1	-	-	0.01
Total Current Assets	34.79	24.21	16.86	12.55	4.63	0.01
Property, Plant & Equipment	0.43	0.7	0.64	0.92	1.24	0.01
Goodwill	-	-	0.04	-	-	-
Long-Term Accounts Receivable	5	6.2	2.57	-	-	-
Long-Term Deferred Tax Assets	1.72	0.35	2.25	-	-	-
Long-Term Deferred Charges	1.46	2.35	3.54	4.74	-	-
Other Long-Term Assets	0.14	0.14	0	0	0	-
Total Assets	45.4	35.76	25.91	18.22	5.87	0.02
Accounts Payable	1.18	0.88	0.96	0.87	0.24	0.16
Accrued Expenses	-	-	-	0.06	-	0.22
Short-Term Debt	-	-	-	0.4	-	-
Current Portion of Long-Term Debt	-	-	-	-	0.24	-
Current Portion of Leases	-	-	0	0.01	0.01	-
Current Income Taxes Payable	3.81	1.03	-	-	-	-
Current Unearned Revenue	3.25	3.71	8.19	1.68	1.35	-
Other Current Liabilities	-	-	-	0.93	0.11	-
Total Current Liabilities	9.59	6.53	10.5	3.95	1.95	0.38
Long-Term Unearned Revenue	5	5	-	-	-	-
Total Liabilities	14.58	11.53	10.5	3.95	1.95	0.38
Common Stock	0.01	0.01	0.01	0.06	0.04	0.01
Additional Paid-In Capital	23.63	20.16	16.21	14.81	12.49	-
Retained Earnings	7.17	4.06	-0.8	-0.61	-2.94	-0.38
Comprehensive Income & Other	-	-	-	-	-5.67	-
Shareholders' Equity	30.81	24.23	15.42	14.27	3.92	-0.37
Total Liabilities & Equity	45.4	35.76	25.91	18.22	5.87	0.02
Total Debt	-	-	0	0.41	0.25	-
Net Cash (Debt)	8.95	2.14	0.96	0.89	-0.24	0.01
Net Cash Growth	172.82%	122.85%	8.13%	-	-	-
Net Cash Per Share	0.84	0.25	0.14	0.18	-0.07	0.00
Filing Date Shares Outstanding	12.48	10.28	7.27	6.91	4.24	-
Total Common Shares Outstanding	12.44	9.69	7.07	6.04	3.76	-
Working Capital	25.2	17.68	6.37	8.6	2.68	-0.37
Book Value Per Share	2.48	2.50	2.18	2.36	1.04	-
Tangible Book Value	30.81	24.23	15.38	14.27	3.92	-0.37
Tangible Book Value Per Share	2.48	2.50	2.18	2.36	1.04	-
Machinery	-	0.12	0.12	1.47	1.49	-

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