Laserfiche WebLink
<br />Financial Summary <br /> <br />A financial summary of the company's operations is shown below. Tax returns and interim <br />financial statements are attached. <br /> <br /> <br />ASSETS <br />Cash & Securities <br />Receivables <br />Current Assets <br />Machinery & Equipment <br />Autos & Trucks <br />Less Depreciation <br />Net Fixed Assets <br />Long-Term Assets <br />TOTAL ASSETS <br />LIABILITIES <br />Accruals <br />Current Liabilities <br />Long-term Debt <br />Loans from Stockholders <br />Long-Term Liabilities <br />TOTAL LIABILITIES <br />NET WORTH <br />Common Stock <br />Retained Earnings <br />TOTAL NET WORTH <br />TOTAL L1AB & NET WORTH <br /> <br />41.8% <br /> <br />1.0 <br />31.0 <br />32.0 <br />55.0 <br /> <br />1.8% <br />56.4% <br />.. . 58.2o/~ <br />. 100.0% <br /> <br />1.0 <br />1.0 <br />23.0 <br />23.0 <br />46.0 <br />47.0 <br /> <br />'1.1% <br />_1.1% <br />24:5% · <br />24.5% <br />. 48.9% <br />50.0% <br /> <br />1.0 <br />1.0 <br />22.0 <br />23.0 <br />45.0 <br />46.0 <br /> <br />0.8% . <br />',0.8% <br />16:7% <br />17.4% <br />34.1% <br />34.8% <br /> <br />1.0 <br />46.0 <br />47.0 <br />94.0 <br /> <br />1.1% <br />48.9% <br />...~-'!:2~... <br />100:0% .... <br /> <br />1.0 <br />85.0 <br />86.0 <br />132.0 <br /> <br />0.8% <br />64.4% <br />.65:2%" <br />. ---100:00/-; <br /> <br />The company's balance sheet is relatively strong given its short history. Matt has been able to <br />build a good level of revenues with minimal debt. D/W at YE 2007 was only lx, and half of the <br />balance sheet debt is a note payable to Matt which carries no repayment requirements. Liquidity <br />is ever improving but will no doubt be an ongoing challenge as the company continues to grow. <br /> <br />10 <br />