WPCS International Balance Sheet

Quarterly: April 2012 - January 2010 Previous Quarters
Annual

Assets	2012-04	2012-01	2011-10	2011-07	2011-04	2011-01	2010-10	2010-07	2010-04	2010-01
Cash & Short Term Investments		1.74M	5.20M	4.06M	4.87M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Receivables		24.28M	28.73M	30.32M	27.14M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Inventory		1.22M	1.72M	1.60M	1.97M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Prepaid Expenses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Assets		2.38M	5.93M	5.63M	5.37M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Assets		29.64M	41.60M	41.62M	39.36M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Property, Plant & Equipment						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accumulated Depreciation						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Property, Plant & Equipment						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Long Term Investments						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Goodwill & Intangibles		2.60M	2.64M	2.78M	2.84M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Assets		0.57M	0.07M	0.13M	0.13M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Assets		3.17M	5.01M	5.58M	5.64M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Assets		37.69M	51.88M	53.12M	51.06M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Liabilities	2012-04	2012-01	2011-10	2011-07	2011-04	2011-01	2010-10	2010-07	2010-04	2010-01
Current Portion of Long Term Debt						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accounts Payable		12.28M	15.86M	13.60M	10.25M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accrued Expenses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Deferred Revenues						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Liabilities		7.23M	7.42M	7.16M	7.25M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Liabilities		22.81M	26.95M	26.46M	24.59M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Debt		0.25M	0.211M	0.215M	0.02M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	2012-04	2012-01	2011-10	2011-07	2011-04	2011-01	2010-10	2010-07	2010-04	2010-01
Deferred Income Tax						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest		0.00	0.00	0.00	0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Liabilities						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Liabilities		0.39M	0.211M	0.215M	0.02M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities		23.20M	27.17M	26.68M	24.62M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Shares Outstanding						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Preferred Stock		0.00	0.00	0.00	0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Stock, Net		0.001M	0.001M	0.001M	0.001M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Additional Paid-in Capital		50.49M	50.47M	50.45M	50.43M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Retained Earnings		-38.61M	-28.29M	-26.63M	-26.59M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Treasury Stock		0.00	0.00	0.00	0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Shareholder's Equity		2.60M	2.52M	2.61M	2.60M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity		14.48M	24.70M	26.44M	26.44M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities & Shareholder's Equity		37.69M	51.88M	53.12M	51.06M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro