Laser Master International, Inc. (LMTI)

LMTI Balance Sheet

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

Fiscal Year	TTM	FY 2008	FY 2007	FY 2006	FY 2004	FY 2003
Period Ending	Aug 31, 2009	Nov 30, 2008	Nov 30, 2007	Nov 30, 2006	Nov 30, 2004	Nov 30, 2003
Cash & Equivalents	0.18	0.27	0.6	0.43	0.75	0.65
Short-Term Investments	0.03	0.02	0.05	0.04	0.44	0.02
Cash & Short-Term Investments	0.21	0.29	0.65	0.48	1.19	0.67
Cash Growth	-37.16%	-55.91%	37.18%	-59.84%	77.21%	-72.08%
Accounts Receivable	0.87	2.56	3.77	6.2	6.18	3.72
Other Receivables	0.03	-	0.11	-	-	0.4
Receivables	0.89	2.56	4.18	6.2	6.18	4.12
Inventory	2.17	1.46	1.61	2.12	4.1	3.98
Prepaid Expenses	0.19	0.07	0.05	0.04	1.11	0.19
Restricted Cash	-	-	-	-	-	0.25
Other Current Assets	0.71	0.44	0.45	0.69	-	-
Total Current Assets	4.16	4.82	6.94	9.53	12.58	9.2
Property, Plant & Equipment	9.05	9.21	9.28	9.46	7.98	8.62
Long-Term Investments	2.01	1.98	1.65	-	-	-
Other Long-Term Assets	0.02	0.02	0.06	0.06	0.09	0.14
Total Assets	15.24	16.03	17.93	19.05	20.65	17.96
Accounts Payable	0.92	0.99	1.55	3.19	2.84	1.66
Accrued Expenses	0.07	0.11	0.17	1.23	-	-
Short-Term Debt	0.53	-	-	0.17	5	2.83
Current Portion of Long-Term Debt	0.18	0.17	0.16	0.15	0.4	0.86
Current Income Taxes Payable	0.06	0.06	0.06	0.05	-	-
Other Current Liabilities	-	-	0.28	-	-	-
Total Current Liabilities	1.75	1.32	2.23	4.78	8.24	5.35
Long-Term Debt	6.09	6.22	6.34	5.24	4.37	4.75
Long-Term Unearned Revenue	0.23	0.13	0.06	-	-	-
Total Liabilities	8.07	7.67	8.64	10.03	12.61	10.1
Common Stock	0.11	0.11	0.11	0.11	0.1	0.1
Additional Paid-In Capital	5.16	5.16	5.16	5.16	5.3	5.3
Retained Earnings	1.91	3.11	4.01	3.74	2.73	2.56
Treasury Stock	-	-	-	-	-0.13	-0.13
Comprehensive Income & Other	-0.01	-0.01	0.02	0.01	0.04	0.02
Shareholders' Equity	7.17	8.36	9.29	9.02	8.03	7.86
Total Liabilities & Equity	15.24	16.03	17.93	19.05	20.65	17.96
Total Debt	6.8	6.39	6.5	5.57	9.77	8.44
Net Cash (Debt)	-6.59	-6.1	-5.85	-5.09	-8.59	-7.77
Net Cash Per Share	-0.61	-0.56	-0.54	-0.47	-0.82	-0.74
Filing Date Shares Outstanding	10.84	10.84	10.84	10.84	10.34	10.34
Total Common Shares Outstanding	10.84	10.84	10.84	10.84	10.34	10.34
Working Capital	2.41	3.5	4.71	4.74	4.34	3.85
Book Value Per Share	0.66	0.77	0.86	0.83	0.78	0.76
Tangible Book Value	7.17	8.36	9.29	9.02	8.03	7.86
Tangible Book Value Per Share	0.66	0.77	0.86	0.83	0.78	0.76
Land	1.8	1.8	1.65	1.65	0.22	0.22
Buildings	7.75	7.75	7.75	7.71	5.88	5.74
Machinery	0.22	0.22	0.22	0.21	12.03	12.04
Order Backlog	-	-	-	-	4.8	4.5

Updated Oct 20, 2009. Source: S&P Global Market Intelligence. Standard template. Financial Sources.