Simulated Environment Concepts, Inc. (SMEV)

SMEV Balance Sheet

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

Fiscal Year	FY 2006	FY 2005
Period Ending	Dec 31, 2006	Dec 31, 2005
Cash & Equivalents	0.01	0.06
Cash & Short-Term Investments	0.01	0.06
Cash Growth	-80.79%	-
Inventory	0.14	0.35
Total Current Assets	0.15	0.42
Property, Plant & Equipment	0.06	0.17
Other Intangible Assets	0.08	0.04
Total Assets	0.29	0.63
Accounts Payable	0.06	-
Total Current Liabilities	0.06	-
Long-Term Debt	0.32	0.65
Total Liabilities	0.38	0.65
Common Stock	0	0
Additional Paid-In Capital	0.05	0.05
Retained Earnings	-0.13	-0.07
Shareholders' Equity	-0.08	-0.02
Total Liabilities & Equity	0.29	0.63
Total Debt	0.32	0.65
Net Cash (Debt)	-0.3	-0.58
Working Capital	0.09	0.42
Tangible Book Value	-0.17	-0.06

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