FOR AGE ORBIT INC CONSOLID A TED BALANCE SHEETS As at January 31 2007 and 2006 2007 2006 AS SETS CURRENT A SSETS Cash 191938 71909 A ccounts receivable Note 4 5479643 3741875 Inventories 5526364 1312663 P repaid expenses 7486 Current portion of longterm investments Note 5 2864 11205431 5129311 INVESTMENT IN A COMP ANY SUBJECT TO SIGNIFICANT INFL UENCE Note 5 128788 324459 LONG TERM INVESTMENTS Note 5 310000 616826 CAPIT AL A SSETS Note 6 5877670 3808104 GOOD WILL 227480 17749369 9878700 LIABILITIES CURRENT LIABILITIES Bank overdraft Note 7 190361 120977 A ccounts payable and accrued liabilities 4558508 2652889 Client deposits 570845 197271 Income taxes payable 312453 437438 Current portion of longterm debt Note 8 1841695 796157 7473862 4204732 LONG TERM DEBT Note 8 1193559 RETR A C T ABLE SHARES Note 9 3072758 2700000 FUTURE INCOME T A XES Note 10 310159 276111 NONCONTROLLING INTEREST 92712 326000 10949491 8700402 Commitments Note 12 SHAREHOLDERS EQUITY Share capital Note 9 6808610 100 Contributed surplus 39764 39764 6848374 39864 R etained earnings deficit 48496 1138434 6799878 1178298 17749369 9878700 APPRO VED B Y THE BO ARD Signed P IERRE A LEXANDRE Signed E RIC A LEXANDRE Director Director F31