Collins GROUP BALANCE SHEET ANNUAL ASSETS (000$) FISCAL YEAR ENDING 12/31/2009 12/31/2008 12/31/2007 CASH "54,000" "36,000" "86,000" MRKTABLE SECURITIES NA NA NA RECEIVABLES "820,667" "808,000" "808,000" INVENTORIES "271,667" "296,000" "257,000" RAW MATERIALS NA NA NA WORK IN PROGRESS NA NA NA FINISHED GOODS NA NA NA NOTES RECEIVABLE NA NA NA OTHER CURRENT ASSETS "164,333" "178,000" "185,000" TOTAL CURRENT ASSETS "1,310,667" "1,318,000" "1,336,000" "PROP, PLANT & EQUIP" "1,930,333" "2,055,000" "1,918,000" ACCUMULATED DEP NA NA NA NET PROP & EQUIP "1,930,333" "2,055,000" "1,918,000" INVEST & ADV TO SUBS NA NA NA OTHER NON-CUR ASSETS NA NA NA DEFERRED CHARGES NA NA NA INTANGIBLES "3,768,333" "3,806,000" "3,679,000" DEPOSITS & OTH ASSET "178,000" "143,000" "255,000" TOTAL ASSETS "7,187,333" "7,322,000" "7,188,000" FISCAL YEAR ENDING 12/31/2008 12/31/2007 NOTES PAYABLE "89,333" "112,000" "40,000" ACCOUNTS PAYABLE "821,667" "904,000" "811,000" CUR LONG TERM DEBT NA NA NA CUR PORT CAP LEASES NA NA NA ACCRUED EXPENSES NA NA NA INCOME TAXES "183,667" "9,000" "273,000" OTHER CURRENT LIAB NA NA "23,000" TOTAL CURRENT LIAB "1,108,667" "1,025,000" "1,147,000" MORTGAGES NA NA NA DEFERRED CHARGES/INC "1,118,000" "1,202,000" "1,076,000" CONVERTIBLE DEBT NA NA NA LONG TERM DEBT "3,120,333" "3,361,000" "3,000,000" NON-CUR CAP LEASES NA NA NA OTHER LONG TERM LIAB "960,000" "1,972,000" "446,000" TOTAL LIABILITIES "6,307,000" "7,560,000" "5,669,000" MINORITY INT (LIAB) NA NA NA PREFERRED STOCK NA NA NA COMMON STOCK NET NA NA NA CAPITAL SURPLUS NA NA NA RETAINED EARNINGS NA NA NA TREASURY STOCK NA NA NA OTHER EQUITIES "880,333" "-238,000" "1,519,000" SHAREHOLDER EQUITY "880,333" "-238,000" "1,519,000" TOT LIAB & NET WORTH "7,187,333" "7,322,000" "7,188,000" FISCAL YEAR ENDING 12/31/2009 12/31/2008 12/31/2007 NET SALES "6,816,600" "7,041,000" "6,592,200" COST OF GOODS "4,006,500" "4,181,000" "3,832,000" GROSS PROFIT "2,810,000" "2,860,000" "2,760,000" R & D EXPENDITURES NA NA NA SELL GEN & ADMIN EXP "2,504,000" "2,583,000" "2,425,000" INC BEF DEP & AMORT "306,000" "277,000" "335,000" DEPRECIATION & AMORT NA NA NA NON-OPERATING INC "-123,000" "-248,000" "2,000" INTEREST EXPENSE "221,500" "221,000" "222,000" INCOME BEFORE TAX "-38,500" "-192,000" "115,000" PROV FOR INC TAXES "5,000" "-46,000" "56,000" INVEST GAINS/LOSSES "2,500" NA NA OTHER INCOME NA NA NA NET INC BEF EX ITEMS "-41,000" "-146,000" "59,000" EX ITEMS & DISC OPS "20,000" NA NA NET INCOME "-21,000" "-146,000" "59,000"