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Arotech Corp (ARTX)

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[[ session ]] by (Cboe BZX)

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Balance Sheet for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)

	12-2003	12-2002	12-2001	12-2000	12-1999
Assets
Current Assets
Cash & Cash Equivalents	13,685	1,458	12,672	11,596	N/A
Receivables	5,894	4,809	1,214	4,631	N/A
Inventories	1,915	1,712	523	3,209	N/A
Other current assets	772	983	8,422	0	0
TOTAL	$22,266	$8,961	$22,831	$19,436	$N/A

Non-Current Assets
PPE Net	2,293	2,555	2,221	6,446	N/A
Intangibles	7,440	7,523	0	0	0
Other Non-Current Assets	1,023	1,025	1,356	1,774	0
TOTAL	$10,756	$11,103	$3,577	$8,220	$N/A

Total Assets	$33,022	$20,063	$26,408	$27,656	$N/A

Liabilities
Current Liabilities
Accounts payable and accrued liabilities	5,998	4,909	2,014	4,788	0
TOTAL	$6,710	$7,272	$3,874	$4,787	$N/A

Non-Current Liabilities
Long Term Debt	150	517	N/A	N/A	N/A
Deferred Revenues	141	N/A	N/A	N/A	N/A
Other Non-Current Liabilities	4,316	3,237	3,126	2,791	0
TOTAL	$4,686	$3,754	$3,126	$2,791	$N/A

Total Liabilities	$11,396	$11,026	$7,000	$7,578	$N/A

Shareholders' Equity
Shares Outstanding, K	4,449	2,509	2,205	N/A	N/A
Common Shares	480	357	291	214	N/A
Retained earnings	-109,911	-100,674	-82,169	-63,450	N/A
Other shareholders' equity	-645	-729	-400	-4,345	0
TOTAL	$21,626	$9,038	$19,408	$20,078	$N/A

Total Liabilities And Equity	$33,022	$20,063	$26,408	$27,656	$0