Technology Solutions Company (TSCC)

TSCC Balance Sheet

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

Fiscal Year	FY 2008	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Dec 31, 2008	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Cash & Equivalents	2.52	1.8	6.92	20.14	30.03
Short-Term Investments	5.47	9.17	6.59	-	-
Cash & Short-Term Investments	7.99	10.97	13.51	20.14	30.03
Cash Growth	-27.12%	-18.82%	-32.90%	-32.95%	-26.94%
Accounts Receivable	0.51	3.51	7.66	7.16	6.18
Receivables	1.15	3.51	11.06	7.16	6.18
Other Current Assets	1.18	0.24	0.58	0.58	0.71
Total Current Assets	10.33	14.72	25.14	27.88	36.92
Property, Plant & Equipment	0.22	0.19	0.04	0.39	0.51
Goodwill	-	-	-	-	7.88
Other Intangible Assets	0.06	0.52	0.87	0.98	2.09
Long-Term Accounts Receivable	-	-	-	-	2.02
Other Long-Term Assets	-	-	-	0.01	0.12
Total Assets	10.61	15.43	26.04	32.8	53.08
Accounts Payable	0.96	1.54	1.64	0.6	0.96
Accrued Expenses	0.29	2.65	4.13	4.85	5.68
Short-Term Debt	-	-	-	-	0.65
Other Current Liabilities	0.02	1.08	2.19	2.7	4
Total Current Liabilities	1.27	5.26	7.96	8.15	11.29
Total Liabilities	1.27	5.26	7.96	8.15	11.29
Common Stock	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	129.21	129.1	130.18	127.89	128.06
Retained Earnings	-116.22	-115.82	-107.52	-98.69	-81.28
Treasury Stock	-3.16	-3.35	-4.82	-4.82	-5.22
Comprehensive Income & Other	-0.51	0.21	0.21	0.24	0.21
Shareholders' Equity	9.34	10.17	18.08	24.65	41.79
Total Liabilities & Equity	10.61	15.43	26.04	32.8	53.08
Total Debt	-	-	-	-	0.65
Net Cash (Debt)	7.99	10.97	13.51	20.14	29.38
Net Cash Growth	-27.12%	-18.82%	-32.90%	-31.47%	-28.52%
Net Cash Per Share	3.11	4.32	5.45	8.57	14.38
Filing Date Shares Outstanding	2.57	2.56	2.54	2.51	2.34
Total Common Shares Outstanding	2.57	2.56	2.51	2.36	2.34
Working Capital	9.06	9.46	17.18	19.72	25.63
Book Value Per Share	3.64	3.97	7.21	10.46	17.84
Tangible Book Value	9.28	9.65	17.21	23.67	31.82
Tangible Book Value Per Share	3.62	3.77	6.86	10.04	13.58
Machinery	8.15	8.02	8.45	9.57	10.32

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