Medical Supply International USA, Inc. (MSIU)

MSIU Balance Sheet

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

Fiscal Year	FY 2005	FY 2004	FY 2003	FY 2002	FY 2001
Period Ending	Dec 31, 2005	Dec 31, 2004	Dec 31, 2003	Dec 31, 2002	Dec 31, 2001
Cash & Equivalents	0.02	0.07	0.26	0.12	0
Short-Term Investments	0	-	0	-	0.04
Cash & Short-Term Investments	0.02	0.07	0.26	0.12	0.04
Cash Growth	-65.04%	-74.62%	123.98%	223.11%	-
Accounts Receivable	0	0.01	0.03	0	-
Other Receivables	0.05	-	-	0.01	-
Receivables	0.05	0.01	0.03	0.01	-
Inventory	0.01	0.02	-	-	-
Prepaid Expenses	-	0.03	0.03	0.03	-
Other Current Assets	-	0	-	-	-
Total Current Assets	0.08	0.13	0.33	0.15	0.04
Property, Plant & Equipment	1.19	1.12	0.42	0.47	-
Other Intangible Assets	0.01	0.01	-	-	-
Other Long-Term Assets	-	0	-	0	-
Total Assets	1.27	1.26	0.75	0.63	0.04
Accounts Payable	0.38	0.2	0.09	0.11	0
Accrued Expenses	0.2	0.18	0.12	0.05	-
Short-Term Debt	0.03	-	-	0	0
Current Portion of Leases	-	0.04	0.11	0.15	-
Other Current Liabilities	-	0.01	0.02	0	-
Total Current Liabilities	0.61	0.43	0.34	0.31	0
Long-Term Debt	1.21	0.82	-	-	-
Long-Term Leases	-	-	0.08	0.18	-
Total Liabilities	1.82	1.26	0.42	0.49	0
Common Stock	0.01	0.01	0.01	0.01	0
Additional Paid-In Capital	0.88	0.76	0.62	0.23	0.03
Retained Earnings	-1.39	-0.76	-0.3	-0.1	-0.01
Comprehensive Income & Other	-0.05	-	-	-	-
Shareholders' Equity	-0.55	0.01	0.33	0.13	0.03
Total Liabilities & Equity	1.27	1.26	0.75	0.63	0.04
Total Debt	1.24	0.87	0.2	0.34	0
Net Cash (Debt)	-1.22	-0.8	0.07	-0.22	0.04
Net Cash Per Share	-0.07	-0.05	0.00	-0.02	0.00
Filing Date Shares Outstanding	18.36	17.46	16.5	12.3	7.56
Total Common Shares Outstanding	18.36	17.46	16.5	12.3	7.56
Working Capital	-0.53	-0.3	-0.01	-0.16	0.03
Book Value Per Share	-0.03	0.00	0.02	0.01	0.00
Tangible Book Value	-0.56	-0	0.33	0.13	0.03
Tangible Book Value Per Share	-0.03	-0.00	0.02	0.01	0.00
Buildings	0.62	0.55	-	-	-
Machinery	0.91	0.73	0.49	0.49	-

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