FOR AGE ORBIT INC. CONSOLID A TED BALANCE SHEETS As at January 31, 2007 and 2006 2007 2006 $$ AS SETS CURRENT A SSETS Cash ....................................................... 191,938 71,909 A ccounts receivable (Note 4) ..................................... 5,479,643 3,741,875 Inventories .................................................. 5,526,364 1,312,663 P repaid expenses .............................................. 7,486 — Current portion of long-term investments (Note 5) ..................... — 2,864 11,205,431 5,129,311 INVESTMENT IN A COMP ANY SUBJECT TO SIGNIFICANT INFL UENCE (Note 5) ......................................... 128,788 324,459 LONG- TERM INVESTMENTS (Note 5) .............................. 310,000 616,826 CAPIT AL A SSETS (Note 6) ....................................... 5,877,670 3,808,104 GOOD WILL .................................................. 227,480 — 17,749,369 9,878,700 LIABILITIES CURRENT LIABILITIES Bank overdraft (Note 7) ......................................... 190,361 120,977 A ccounts payable and accrued liabilities ............................. 4,558,508 2,652,889 Client deposits ................................................ 570,845 197,271 Income taxes payable ........................................... 312,453 437,438 Current portion of long-term debt (Note 8) ........................... 1,841,695 796,157 7,473,862 4,204,732 LONG- TERM DEBT (Note 8) ..................................... — 1,193,559 RETR A C T ABLE SHARES (Note 9) ................................. 3,072,758 2,700,000 FUTURE INCOME T A XES (Note 10) ............................... 310,159 276,111 NON-CONTROLLING INTEREST ................................. 92,712 326,000 10,949,491 8,700,402 Commitments (Note 12) SHAREHOLDERS’ EQUITY Share capital (Note 9) ............................................ 6,808,610 100 Contributed surplus .............................................. 39,764 39,764 6,848,374 39,864 R etained earnings (deficit) ......................................... (48,496) 1,138,434 6,799,878 1,178,298 17,749,369 9,878,700 APPRO VED B Y THE BO ARD (Signed) P IERRE A LEXANDRE (Signed) E RIC A LEXANDRE Director Director F-31