| Balance Sheet for International Barrier Technology Inc. (IBH:CA) | | | | | | | Assets | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Cash and Equivalents | 444 | 592 | 1,001 | 1,561 | 648 | | Marketable Securities | - | - | - | - | - | | Receivables | 367 | 267 | 528 | 308 | 589 | | Inventories | 299 | 509 | 355 | 379 | 124 | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 1,170 | 1,431 | 1,922 | 2,269 | 1,373 | | | Gross Fixed Assets | 5,665 | 5,454 | 5,208 | 3,803 | 2,001 | | Accumulated Depreciation | (1,517) | (1,308) | (1,097) | (1,223) | (1,107) | | Net Fixed Assets | 4,148 | 4,147 | 4,111 | 2,580 | 894 | | Intangibles | 521 | 679 | 852 | 1,292 | 1,478 | | Other Non-Current Assets | - | - | - | - | 111 | | Total Non-Current Assets | 4,670 | 4,826 | 4,963 | 3,872 | 2,483 | | Total Assets | 5,840 | 6,257 | 6,885 | 6,141 | 3,856 | | | Liabilities | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Accounts Payable | 657 | 462 | 605 | 355 | 487 | | Short Term Debt | 65 | 71 | 80 | 82 | 228 | | Other Current Liabilities | 7 | - | - | - | - | | Total Current Liabilities | 730 | 533 | 685 | 437 | 715 | | | Long Term Debt | 763 | 308 | 20 | 18 | 52 | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 1,169 | 800 | 623 | 698 | 844 | | Total Liabilities | 1,898 | 1,333 | 1,307 | 1,135 | 1,560 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 3,941 | 4,924 | 5,577 | 5,006 | 2,296 | | Total Equity | 3,941 | 4,924 | 5,577 | 5,006 | 2,296 | | Total Liabilities & Stock Equity | 5,840 | 6,257 | 6,885 | 6,141 | 3,856 | | | |