ICBS, Ltd. (ICBT)

ICBS, Ltd. Balance Sheet

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

Fiscal Year	FY 2001	FY 2000
Period Ending	Jun 30, 2001	Jun 30, 2000
Cash & Equivalents	0.08	-
Short-Term Investments	0.45	-
Cash & Short-Term Investments	0.53	-
Accounts Receivable	1.21	0.55
Other Receivables	3.75	-
Receivables	4.96	0.55
Inventory	0.02	0.07
Prepaid Expenses	0.32	0.04
Total Current Assets	5.84	0.66
Property, Plant & Equipment	0.19	0.19
Total Assets	6.03	0.85
Accounts Payable	1.59	0.81
Accrued Expenses	0.01	-
Short-Term Debt	0.45	0.37
Current Portion of Long-Term Debt	0.1	0.05
Current Portion of Leases	0.02	0.02
Current Unearned Revenue	0.19	-
Total Current Liabilities	2.36	1.25
Long-Term Debt	1.64	0.82
Long-Term Leases	0.03	0.04
Total Liabilities	4.03	2.12
Common Stock	4	0
Retained Earnings	-2	-1.26
Shareholders' Equity	2	-1.26
Total Liabilities & Equity	6.03	0.85
Total Debt	2.24	1.3
Net Cash (Debt)	-1.71	-1.3
Working Capital	3.47	-0.59
Tangible Book Value	2	-1.26
Machinery	0.3	-

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