HPN Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 1997	FY 1996	FY 1995
Period Ending	Sep '98 Sep 30, 1998	Dec '97 Dec 31, 1997	Dec '96 Dec 31, 1996	Dec '95 Dec 31, 1995
Cash & Equivalents	0.57	1.81	1.33	-
Short-Term Investments	0.17	0.19	-	-
Cash & Short-Term Investments	0.74	2	1.33	-
Cash Growth	-65.18%	50.08%	-	-
Accounts Receivable	0.07	0.01	0.08	-
Other Receivables	-	0.01	-	-
Receivables	0.07	0.13	0.15	-
Inventory	0.59	0.01	0.04	-
Prepaid Expenses	0.02	0.01	0.02	-
Restricted Cash	0	0	1.13	-
Total Current Assets	1.42	2.16	2.67	-
Property, Plant & Equipment	0.1	0.11	0.13	-
Long-Term Investments	-	-	1.21	-
Other Long-Term Assets	0.07	0.05	0.04	-
Total Assets	1.91	2.41	4.25	-
Accounts Payable	0.26	0.16	0.18	-
Current Unearned Revenue	0.13	0.19	0.29	-
Total Current Liabilities	0.39	0.35	0.46	-
Long-Term Unearned Revenue	0.06	0.07	0.07	-
Total Liabilities	0.45	0.42	0.53	-
Common Stock	0	0	0	-
Additional Paid-In Capital	8.24	8.24	8.28	-
Retained Earnings	-6.77	-6.24	-4.56	-
Comprehensive Income & Other	-0.01	-0.01	-	-
Shareholders' Equity	1.46	1.99	3.72	-
Total Liabilities & Equity	1.91	2.41	4.25	-
Net Cash (Debt)	0.74	2	1.33	-
Net Cash Growth	-65.18%	50.08%	-	-
Net Cash Per Share	23.46	63.84	122.98	-
Filing Date Shares Outstanding	0.04	0.04	0.02	0.01
Total Common Shares Outstanding	0.04	0.04	0.02	0.01
Working Capital	1.03	1.8	2.21	-
Book Value Per Share	35.93	48.93	179.61	-
Tangible Book Value	1.46	1.99	3.72	-
Tangible Book Value Per Share	35.93	48.93	179.61	-
Buildings	-	0.1	-	-
Machinery	0.19	0.18	-	-
Leasehold Improvements	0.1	0.1	-	-

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