World Wireless Communications, Inc. (WWRL)

WWRL Balance Sheet

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

Fiscal Year	FY 2002	FY 2001	FY 2000	FY 1999	FY 1998
Period Ending	Dec 31, 2002	Dec 31, 2001	Dec 31, 2000	Dec 31, 1999	Dec 31, 1998
Cash & Equivalents	0.01	0.22	3.1	0.89	0.61
Short-Term Investments	0	0	0.02	0.13	0.14
Cash & Short-Term Investments	0.02	0.22	3.12	1.02	0.75
Cash Growth	-93.20%	-92.80%	204.29%	36.10%	85.09%
Accounts Receivable	0.06	0.07	0.35	0.72	0.33
Other Receivables	0.02	0.02	0.06	0	0.08
Receivables	0.08	0.09	0.4	0.72	0.4
Inventory	0.41	0.45	0.56	0.2	0.55
Prepaid Expenses	0.04	0.07	0.07	0.01	0.02
Total Current Assets	0.55	0.83	4.15	1.96	1.73
Property, Plant & Equipment	0.21	0.37	0.58	0.19	1.04
Goodwill	-	-	0.21	0.39	0.96
Long-Term Deferred Charges	-	0.48	-	-	-
Other Long-Term Assets	0.01	0.01	0.03	0.04	0.41
Total Assets	0.78	1.69	4.97	2.58	4.14
Accounts Payable	1.17	0.75	0.54	0.55	0.98
Accrued Expenses	1.52	0.46	0.37	0.34	0.88
Short-Term Debt	6.81	3.1	-	3.32	2.99
Current Portion of Leases	0.01	0.01	0.02	0.12	0.2
Current Unearned Revenue	0.03	0.03	-	-	-
Other Current Liabilities	-	-	0.01	1.76	-
Total Current Liabilities	9.54	4.34	0.94	6.09	5.05
Long-Term Leases	0.02	0	0.01	0.02	0.08
Total Liabilities	9.56	4.34	0.95	6.11	5.14
Common Stock	0.03	0.03	0.03	0.02	0.01
Additional Paid-In Capital	48.44	48.02	46.7	33.39	25.42
Retained Earnings	-60.55	-50.7	-42.65	-37.88	-26.36
Comprehensive Income & Other	3.3	-0.01	-0.06	-0.01	-0.07
Total Common Equity	-8.78	-2.65	4.02	-4.48	-1
Shareholders' Equity	-8.78	-2.65	4.02	-3.53	-1
Total Liabilities & Equity	0.78	1.69	4.97	2.58	4.14
Total Debt	6.84	3.11	0.03	3.47	3.28
Net Cash (Debt)	-6.82	-2.88	3.09	-2.44	-2.52
Net Cash Per Share	-0.22	-0.09	0.10	-0.14	-0.23
Filing Date Shares Outstanding	31.46	31.45	31.22	29.82	13.92
Total Common Shares Outstanding	31.46	31.45	31.27	21.25	13.92
Working Capital	-8.99	-3.51	3.21	-4.13	-3.33
Book Value Per Share	-0.28	-0.08	0.13	-0.21	-0.07
Tangible Book Value	-8.78	-2.65	3.8	-4.87	-1.96
Tangible Book Value Per Share	-0.28	-0.08	0.12	-0.23	-0.14
Buildings	0.02	0.02	0.02	0.19	-
Machinery	1.03	1.02	1.64	1.58	2.09
Leasehold Improvements	0.02	0.02	0.02	0.19	-

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