LOUD Technologies Inc. (LTEC)

LOUD Technologies Balance Sheet

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

Fiscal Year	TTM	FY 2007	FY 2006	FY 2005	FY 2004	FY 2003
Period Ending	Sep 30, 2008	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004	Dec 31, 2003
Cash & Equivalents	2.23	3.59	0.31	0.47	0.45	0.76
Cash & Short-Term Investments	2.23	3.59	0.31	0.47	0.45	0.76
Cash Growth	-46.50%	1054.02%	-33.55%	4.00%	-40.55%	-75.28%
Accounts Receivable	23.85	25.2	26.23	28.22	16.8	13.04
Other Receivables	-	-	-	-	-	0.19
Receivables	23.85	25.2	26.23	28.22	16.8	13.23
Inventory	40.36	56.8	54.84	39.29	27.96	18.93
Prepaid Expenses	4.22	1.92	1.52	1.86	2.39	2.92
Total Current Assets	70.65	87.51	82.91	69.84	47.59	35.84
Property, Plant & Equipment	4.6	5.74	6.54	7.86	7.38	8.38
Goodwill	4.15	19.73	2.25	2.25	-	-
Other Intangible Assets	23.61	27.98	11.37	12.2	5.13	5.55
Long-Term Deferred Charges	2.51	2.62	2.69	3.38	0.63	-
Other Long-Term Assets	-	-	-	0.02	0.06	0.65
Total Assets	105.52	143.58	105.76	95.55	60.8	50.42
Accounts Payable	16.18	25.83	23.02	16.13	17.68	6.45
Accrued Expenses	9.74	11.02	11.19	10.01	6.97	7.97
Short-Term Debt	1.83	1.32	14.21	9.6	11.83	7.87
Current Portion of Long-Term Debt	93.44	8	1.5	3.31	0.3	0.5
Current Income Taxes Payable	0.29	1.83	1.56	1.29	1.47	1.29
Other Current Liabilities	-	-	3.86	2.2	7.59	9.17
Total Current Liabilities	121.7	48.3	55.35	42.54	45.83	33.26
Long-Term Debt	2.11	92.36	40.11	40.94	11.61	16.26
Long-Term Deferred Tax Liabilities	5.62	4.64	0.1	0.04	-	-
Other Long-Term Liabilities	-	-	-	2.94	0.03	0.07
Total Liabilities	129.42	145.3	95.55	86.46	57.48	49.59
Common Stock	42	41.81	41.28	40.79	38.78	34
Retained Earnings	-70.63	-43.66	-31.08	-31.7	-35.46	-33.17
Comprehensive Income & Other	-1.96	0.14	-	-	-	-
Shareholders' Equity	-23.9	-1.72	10.21	9.09	3.32	0.83
Total Liabilities & Equity	105.52	143.58	105.76	95.55	60.8	50.42
Total Debt	97.39	101.68	55.82	53.85	23.74	24.63
Net Cash (Debt)	-95.16	-98.09	-55.5	-53.38	-23.29	-23.87
Net Cash Per Share	-19.58	-20.22	-11.15	-10.78	-5.31	-6.10
Filing Date Shares Outstanding	4.86	4.86	4.58	4.57	4.51	3.92
Total Common Shares Outstanding	4.86	4.62	4.58	4.57	4.43	3.92
Working Capital	-51.04	39.21	27.56	27.31	1.76	2.58
Book Value Per Share	-4.92	-0.37	2.23	1.99	0.75	0.21
Tangible Book Value	-51.66	-49.42	-3.41	-5.36	-1.81	-4.72
Tangible Book Value Per Share	-10.63	-10.70	-0.75	-1.17	-0.41	-1.20
Land	-	-	0.85	0.85	-	-
Buildings	-	-	-	-	1.52	5.24
Machinery	-	22.76	18.84	16.46	13.49	27.07
Leasehold Improvements	-	2.3	1.86	1.74	1.52	5.24

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