ZST Digital Networks, Inc. (ZSTN)

ZST Digital Networks Balance Sheet

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

Fiscal Year	TTM	FY 2010	FY 2009	FY 2008	FY 2007	FY 2006
Period Ending	Sep 30, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007	Dec 31, 2006
Cash & Equivalents	55.78	23.7	13.63	1.13	1.13	1.18
Cash & Short-Term Investments	55.78	23.7	13.63	1.13	1.13	1.18
Cash Growth	63.07%	73.92%	1100.75%	0.81%	-4.89%	431.20%
Accounts Receivable	35.28	33.49	24.89	12.32	9.52	3.51
Other Receivables	-	-	-	-	-	0.01
Receivables	35.28	33.49	24.89	12.32	10.29	4.25
Inventory	1.07	7.49	8.64	0.78	5.49	2.62
Prepaid Expenses	1	1.02	1.06	0.01	0.01	0.01
Other Current Assets	-	-	-	3.02	-	-
Total Current Assets	94.55	66.39	48.22	17.27	16.92	8.07
Property, Plant & Equipment	10.93	0.75	0.88	0.03	0.06	0.08
Other Intangible Assets	0.11	0.17	0.17	-	-	-
Other Long-Term Assets	-	9.79	0.86	-	-	-
Total Assets	105.59	77.1	50.13	17.3	16.98	8.15
Accounts Payable	-	-	0.7	1.27	3.03	5.35
Accrued Expenses	1.23	1.23	0.72	0.75	0.25	0.15
Short-Term Debt	-	-	-	6.29	7.96	0.81
Current Portion of Long-Term Debt	-	-	-	-	-	0.02
Current Income Taxes Payable	3.4	1.29	0.55	-	0.49	0.02
Current Unearned Revenue	6.48	2.74	0.38	-	0.02	0
Other Current Liabilities	-	-	-	0.01	2.67	0.02
Total Current Liabilities	11.11	5.26	2.35	8.32	14.41	6.38
Total Liabilities	11.11	5.26	2.35	8.32	14.41	6.38
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	31.2	30.73	30.68	1.49	1.42	2.2
Retained Earnings	59.01	39.18	17.08	6.9	0.79	0.55
Treasury Stock	-0.69	-0.2	-	-	-	-
Comprehensive Income & Other	4.95	2.13	0.02	0.59	0.36	-0.99
Shareholders' Equity	94.47	71.84	47.78	8.98	2.57	1.77
Total Liabilities & Equity	105.59	77.1	50.13	17.3	16.98	8.15
Total Debt	-	-	-	6.29	7.96	0.83
Net Cash (Debt)	55.78	23.7	13.63	-5.16	-6.83	0.35
Net Cash Growth	63.07%	73.92%	-	-	-	-
Net Cash Per Share	4.80	2.03	1.55	-0.87	-1.16	0.06
Filing Date Shares Outstanding	11.51	11.71	11.65	5.9	5.9	5.9
Total Common Shares Outstanding	11.51	11.63	11.65	5.9	5.9	5.9
Working Capital	83.43	61.13	45.87	8.95	2.51	1.69
Book Value Per Share	8.21	6.18	4.10	1.52	0.44	0.30
Tangible Book Value	94.36	71.67	47.61	8.98	2.57	1.77
Tangible Book Value Per Share	8.20	6.16	4.09	1.52	0.44	0.30
Machinery	0.7	0.65	0.65	0.22	0.23	0.22

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