Ultimate Sports, Inc. (USPS)

Ultimate Sports Balance Sheet

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

Fiscal Year	FY 2010	FY 2009	FY 2008	FY 2007
Period Ending	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007
Cash & Equivalents	0.01	0.01	0.06	0.06
Cash & Short-Term Investments	0.01	0.01	0.06	0.06
Cash Growth	45.77%	-91.18%	-6.41%	-
Receivables	0.07	0.09	0.1	0.11
Inventory	0.33	0.36	0.34	0.41
Total Current Assets	0.4	0.45	0.51	0.58
Property, Plant & Equipment	0.01	0.01	0.02	0.02
Total Assets	0.44	0.47	0.52	0.6
Accounts Payable	0.17	0.07	0.16	0.28
Short-Term Debt	-	0	0.01	0.05
Current Portion of Long-Term Debt	0.14	0.01	0.01	0.01
Total Current Liabilities	0.31	0.08	0.18	0.34
Long-Term Debt	0.19	0.23	0.27	0.27
Other Long-Term Liabilities	0.02	-	-	-
Total Liabilities	0.52	0.31	0.45	0.61
Common Stock	0.78	0.68	0.66	0.66
Retained Earnings	-0.85	-0.52	-0.58	-0.67
Shareholders' Equity	-0.08	0.16	0.08	-0.01
Total Liabilities & Equity	0.44	0.47	0.52	0.6
Total Debt	0.33	0.24	0.29	0.33
Net Cash (Debt)	-0.32	-0.23	-0.23	-0.26
Net Cash Per Share	-0.02	-0.02	-0.02	-0.02
Filing Date Shares Outstanding	17.4	13.9	12.04	12.04
Total Common Shares Outstanding	17.4	13.9	12.04	12.04
Working Capital	0.09	0.37	0.33	0.24
Book Value Per Share	-0.00	0.01	0.01	-0.00
Tangible Book Value	-0.08	0.16	0.08	-0.01
Tangible Book Value Per Share	-0.00	0.01	0.01	-0.00
Machinery	0.24	0.23	0.23	0.23

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