Covista Communications, Inc. (CVST)

Covista Communications Balance Sheet

Financials in millions USD. Fiscal year is February - January.

Fiscal Year	FY 2005	FY 2004	FY 2003	FY 2002	FY 2001
Period Ending	Jan 31, 2005	Jan 31, 2004	Jan 31, 2003	Jan 31, 2002	Jan 31, 2001
Cash & Equivalents	8.61	3.8	3.44	1.38	2.69
Short-Term Investments	-	-	-	0.44	0.54
Cash & Short-Term Investments	8.61	3.8	3.44	1.82	3.23
Cash Growth	126.65%	10.25%	89.37%	-43.67%	-34.43%
Accounts Receivable	9.02	10.53	15.72	10.25	20.53
Receivables	9.02	10.53	15.72	10.75	20.53
Prepaid Expenses	0.62	0.87	0.63	1.37	1.23
Total Current Assets	18.25	15.2	19.79	13.95	24.98
Property, Plant & Equipment	6.08	11.65	15.15	12.49	13.02
Goodwill	0.2	8.21	8.21	-	-
Other Intangible Assets	2.17	4.77	6.79	3.37	-
Long-Term Deferred Charges	0.24	0.55	0.47	0.17	0.22
Other Long-Term Assets	0.28	0.51	0.65	1.28	0.88
Total Assets	27.23	40.89	51.05	31.26	39.1
Accounts Payable	6.83	10.7	15.07	19.47	27.96
Accrued Expenses	5.06	7.76	11.42	0.99	1.3
Current Portion of Long-Term Debt	0.57	2.58	2.83	0.38	0.62
Current Unearned Revenue	1.25	0.25	-	-	-
Other Current Liabilities	-	-	-	4.43	2.83
Total Current Liabilities	13.72	21.29	29.32	25.27	32.71
Long-Term Debt	-	0.57	1.81	4.4	0.38
Other Long-Term Liabilities	-	0.2	0.22	0.02	0.22
Total Liabilities	13.72	22.05	31.36	29.69	33.32
Common Stock	0.97	0.97	0.97	0.62	0.48
Additional Paid-In Capital	52.93	52.92	52.83	25.65	30.02
Retained Earnings	-38.94	-33.61	-32.66	-23.26	-11.29
Treasury Stock	-1.45	-1.45	-1.45	-1.45	-1.45
Comprehensive Income & Other	-	-	-	-	-11.98
Shareholders' Equity	13.51	18.83	19.69	1.57	5.78
Total Liabilities & Equity	27.23	40.89	51.05	31.26	39.1
Total Debt	0.57	3.16	4.64	4.78	1
Net Cash (Debt)	8.03	0.64	-1.19	-2.96	2.23
Net Cash Growth	1155.29%	-	-	-	-33.54%
Net Cash Per Share	0.45	0.04	-0.09	-0.29	0.30
Filing Date Shares Outstanding	17.82	17.82	17.78	12.64	11.77
Total Common Shares Outstanding	17.82	17.82	17.78	10.85	7.97
Working Capital	4.54	-6.09	-9.54	-11.33	-7.73
Book Value Per Share	0.76	1.06	1.11	0.14	0.72
Tangible Book Value	11.15	5.85	4.7	-1.8	5.78
Tangible Book Value Per Share	0.63	0.33	0.26	-0.17	0.72
Buildings	0.48	1.61	2.34	1.5	1.38
Machinery	18.78	39.76	37.39	27.24	26.25
Construction In Progress	0.24	0.39	2.77	2.1	0.09
Leasehold Improvements	0.48	1.61	2.34	1.5	1.38

Source: S&P Global Market Intelligence. Standard template. Financial Sources.