Pixelplus Co., Ltd.
Consolidated Balance Sheets
(In thousands of USD, except per ADS data)
(Unaudited)
Sep. 30, 2008 Dec. 31, 2007
Assets
Cash and cash equivalents 68 520
Restricted cash 4,145 4,974
Accounts receivable, net 3,386 2,624
Inventories, net 3,740 1,181
Other current assets 1,092 1,598
Total current assets 12,431 10,897
Other non current assets 6,500 5,022
Total assets 18,931 15,919
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Liabilities, minority interest and
Shareholders' equity
Trade accounts payable 4,172 449
Other accounts payable 1,345 684
Short-term borrowings 7,046 4,518
Other current liabilities 1,490 1,097
Total current liabilities 14,053 6,748
Long-term borrowings 1,883 -
Other non current liabilities 1,148 350
Total liabilities 17,084 7,098
Minority interest - -
Series A convertible redeemable
preferred stock - -
Shareholders' equity
Common stock 2,821 2,763
Additional paid-in capital 33,366 33,226
Accumulated other comprehensive loss (55) (82)
Accumulated deficit (34,285) (27,086)
Total Shareholders' equity 1,847 8,821
Total liabilities, minority interest
and Shareholders' equity 18,931 15,919
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