Laserfiche WebLink
<br />. IBIINCOME FUND <br /> Interim Consolidated Balance Sheets <br /> (In thousands of dollars) <br />- June 30, December 31 , <br /> 2007 2006 <br />~ (Unaudited) <br />Assets <br /> Current assets: <br /> Accounts receivable $ 51,059 $ 49,593 <br /> Work in process 32,869 22,783 <br /> Prepaid expenses and other assets 2,707 2,435 <br /> Income taxes recoverable 188 374 <br /> 86,823 75,185 <br /> Future income tax asset (note 6) 3,978 870 <br /> Deferred charges 223 543 <br /> Property and equipment 6,175 5,145 <br /> Intangible assets 10,207 11,118 <br /> Goodwill 95,808 95,206 <br /> Unrealized interest rate swap gains 100 <br /> $ 203,314 $ 188.067~ <br /> Liabilities and Unitholders' Equity <br /> Current liabilities: <br /> Bank indebtedness - net (note 5) $ 10,795 $ 4,641 <br /> Accounts payable and accrued liabilities 16,895 17,695 <br /> Distributions payable 1,541 1,917 <br /> Due to related parties (notes 1 and 8) 6,155 850 <br /> Notes payable 4,711 4,706 <br /> Deferred revenue 8,319 7,887 <br /> Class C Unit (note 8) 14,508 <br /> 48,416 52,204 <br /> Deferred credit - leases 558 703 <br /> Long-term debt (note 5) 24,000 10,000 <br /> Non-controlling interest (note 7) 48,800 46,818 <br /> Unitholders' equity: <br /> Unit capital (note 7) 89,220 89,220 <br /> Deficit (7,593) (10,659) <br /> Accumulated other comprehensive loss (87) (219) <br /> 81,540 78,342 <br /> $ 203,314 $ 188,067 <br /> Contingencies (note 10) <br /> See accompanying notes to interim consolidated financial statements. <br /> <br />