G/L Account Name (currency) Balance
Assets $ 52,914,807.53
CURRENT ASSETS CURRENT ASSETS $ 28,705,793.92
ACCTS RCVBL Accounts Receivable $ 6,219,589.22
1400-1-00-1 Accounts Receivable-CA $ 5,653,245.06
1451-2-00-1 Accounts Receivable-US $ 482,413.19
1449-1-00-1 Items to be Cleared-CA $ 187,248.72
1499-2-00-1 Items to be Cleared-US $- 30.00
1405-1-00-1 Allowance for D/D-CA $- 51,332.15
1455-2-00-1 Allowance for D/D-US $- 51,955.60
__________________
Total ACCTS RCVBL Accounts Receivable $ 6,219,589.22
-------------
TS-ACCTS RCVBL Accounts Receivable
__________________
Total TS-ACCTS RCVBL Accounts Receivable
-------------
CASH Cash and Bank $ 22,486,204.70
2440-1-00-1 RBC Chequing(100-001-7)-001-CA $ 6,381,006.06
2040-1-00-1 HSBC Langley-001-CA $- 15.80
2445-1-00-1 RBC Saving(100-002-5)-002-CA $ 13,001,843.34
2425-2-00-1 RBC CA -(03489-400-101-2)-US $ 1,337,009.70
2025-2-00-1 HSBC CA-000073-071-US $ 5,600.44
2030-2-00-1 HSBC US-751721379-US $ 1,488,760.96
2055-2-00-1 HSBC Saving-LC-(120-004933)-US $ 272,000.00
__________________
Total CASH Cash and Bank $ 22,486,204.70
-------------
TS-CASH Cash and Bank
__________________
Total TS-CASH Cash and Bank
-------------
__________________
Total CURRENT ASSETS CURRENT ASSETS $ 28,705,793.92
-------------
FIXED ASSETS FIXED ASSETS $ 24,209,013.61
COMPUTER EQUIP Computer Equipment $ 73,712.96
1700-1-00-1 Computer Equip-Cost-CA $ 196,696.32
1701-1-00-1 Computer Equip-Accum Dep-CA $- 131,596.62
1800-2-00-1 Computer Equip-Cost-US $ 16,817.00
1801-2-00-1 Computer Equip-Accum Dep-US $- 8,203.74
__________________
Total COMPUTER EQUIP Computer Equipment $ 73,712.96
-------------
SOFTWARE Software $ 194,188.88
1710-1-00-1 Software-Cost-CA $ 560,878.34
1711-1-00-1 Software-Accum Dep-CA $- 433,742.26
1810-2-00-1 Software-Cost-US $ 148,040.48
1811-2-00-1 Software-Accum Dep-US $- 80,987.68
__________________
Total SOFTWARE Software $ 194,188.88
-------------
DISPLAY EQUIP Display & Merchandisers
__________________
Total DISPLAY EQUIP Display & Merchandisers
-------------
FURN & FIXT Furniture & Office Equipment $ 674.58
1730-1-00-1 Furn. & Office Equip-Cost-CA $ 4,054.65
1731-1-00-1 Furn. & Office Equip-Accum Dep-CA $- 3,380.07
1830-2-00-1 Furn. & Office Equip- Cost-US $ 12,536.13
1831-2-00-1 Furn. & Office Equip-Accum Dep-US $- 12,536.13
__________________
Total FURN & FIXT Furniture & Office Equipment $ 674.58
-------------
FORKLIFTS Forklifts $ 9,345.47
1840-2-00-1 Forklifts-Cost-US $ 64,479.09
1841-2-00-1 Forklifts-Accum Depr-US $- 55,133.62
__________________
Total FORKLIFTS Forklifts $ 9,345.47
-------------
WHSE EQUIP Warehouse Equipment $ 29,278.96
1750-1-00-1 Warehouse Equip-Cost-CA $ 59,243.52
1751-1-00-1 Warehouse Equip-Accum Dep-CA $- 41,640.70
1850-2-00-1 Warehouse Equip-Cost-US $ 51,614.01
1851-2-00-1 Warehouse Equip-Accum Dep-US $- 39,937.87
__________________
Total WHSE EQUIP Warehouse Equipment $ 29,278.96
-------------
VEHICLES Vehicles
__________________
Total VEHICLES Vehicles
-------------
LEASE IMPROV Leasehold Improvements
__________________
Total LEASE IMPROV Leasehold Improvements
-------------
Other Assets Others
__________________
Total Other Assets Others
-------------
Discont - BS Discontinues - BS
__________________
Total Discont - BS Discontinues - BS
-------------
INVENT Inventory - Others $- 373,907.89
1670-2-00-1 Allowance for Inv Res-US $- 373,907.89
__________________
Total INVENT Inventory - Others $- 373,907.89
-------------
TS-INVENT Inventory - Others
__________________
Total TS-INVENT Inventory - Others
-------------
INVENTORY Inventory - Regular $ 20,535,751.22
1500-1-01-1 Inventory-DL $ 5,135,886.71
1500-1-02-1 Inventory-ML $ 9,391,148.72
1600-2-30-1 Inventory-CH $ 2,194,674.87
1600-2-40-1 Inventory-SE $ 2,593,864.45
1500-1-28-1 Inventory-TR-CA $ 2,468.61
1600-2-98-1 Inventory-TR-US $ 4,566.81
1600-2-90-1 Inventory-AM-CH $ 70.24
1600-2-94-1 Inventory-LS Buildiing Products $ 44,709.12
1510-1-01-1 Inventory-Ocean Freight/Duties DL $ 236,532.50
1510-1-02-1 Inventory-Ocean Freight/Duties ML $ 311,737.31
1511-1-01-1 Inventory - S & H Fee DL $ 428,065.55
1511-1-02-1 Inventory - S & H Fee ML $ 192,026.33
__________________
Total INVENTORY Inventory - Regular $ 20,535,751.22
-------------
TS-INVENTORY Inventory - Regular
__________________
Total TS-INVENTORY Inventory - Regular
-------------
PREPD/DEP Prepaid/Deposits $ 51,451.19
1523-1-00-1 WIP-Quoting Software $ 10,201.56
1524-1-00-1 Prepaid insurance-CA $ 27,484.96
1524-2-00-1 Prepaid insurance-US $ 4,479.64
1525-1-00-1 Deposits $ 4,500.00
1430-1-00-1 Payroll Receivables (reimbursement) $ 2,812.06
1430-2-00-1 Payroll Receivables(reimbursement)-US $ 472.97
1540-1-00-1 Advance to Employee-CA $ 1,500.00
__________________
Total PREPD/DEP Prepaid/Deposits $ 51,451.19
-------------
TS-PREPD/DEP Prepaid/Deposits
__________________
Total TS-PREPD/DEP Prepaid/Deposits
-------------
INTER CO Inter Company $ 3,688,518.24
1470-1-00-1 Inter Co - Regal-CA $ 15,674,015.58
1470-2-00-1 Inter Co - Regal-US $- 15,674,015.58
1485-2-00-1 Inter Co-Tariff-US $ 24,293.03
1484-1-00-1 Inter Co -TS (CA) $ 1,161,402.01
1489-2-00-1 Inter Co -TS (US) $ 2,024,400.06
1482-1-00-1 Inter Co-Tariff-CA $- 36,997.37
1483-1-00-1 Inter Co BPD $ 358,881.07
1488-1-00-1 1062707 BC LTD $ 12,484.24
1491-1-00-1 1359767 BC LTD $ 136,362.99
1492-1-00-1 1364502 B.C. LTD $ 2,828.18
1494-1-00-1 Surrey Sciences Corp $ 1,636.23
1495-1-00-1 1362860 BC Ltd $ 1,927.80
1487-2-00-1 Investment In RegalUS Corp $ 1,300.00
__________________
Total INTER CO Inter Company $ 3,688,518.24
-------------
TS-INTER CO Inter Company
__________________
Total FIXED ASSETS FIXED ASSETS $ 24,209,013.61
-------------
__________________
Total Assets $ 52,914,807.53
__________________
$ 52,914,807.53
=============
Liabilities $ 51,153,248.23
CURRENTS LIABS CURRENT LIABILITIES $ 37,832,328.97
CREDIT CARDS Other Payables $ 371,294.71
2135-1-00-1 Credit Card-TD Visa-CA $ 223,967.05
2140-1-00-1 Credit Card-Amex-CA $ 1,659.11
2145-2-00-1 Credit Card-BOA Visa-US $- 201.96
2150-2-00-1 Credit Card-Amex-US $ 145,870.51
__________________
Total CREDIT CARDS Other Payables $ 371,294.71
-------------
ACCRUED LIABS Accrued/Other Liabilities $ 1,916,396.04
2160-1-00-1 Accrued Payables-CA $ 1,200.00
2165-1-00-1 Accrued Payables on Receiving-CA $- 33.89
2266-2-00-1 Interest Provision-US $ 698,029.66
2268-2-00-1 Freight Clearing-US
2285-1-00-1 Vendor Discount prov-CA $ 1,064,011.75
2285-2-00-1 Vendor Discount prov-US $ 142,328.30
2187-1-00-1 WCB Payable-CA $ 199.43
2190-1-00-1 Vacation Payable-CA $ 10,660.79
__________________
Total ACCRUED LIABS Accrued/Other Liabilities $ 1,916,396.04
-------------
TS-ACCRUED LIA Accrued/Other Liabilities
__________________
Total TS-ACCRUED LIA Accrued/Other Liabilities
-------------
ACCTS PAYABLE Accounts Payable $ 35,524,638.22
2100-1-00-1 Accounts Payable-CA $ 31,203,209.10
2200-2-00-1 Accounts Payable-US $ 3,089,641.11
2210-2-00-1 Accounts payable-US-CA $ 1,231,788.01
__________________
Total ACCTS PAYABLE Accounts Payable $ 35,524,638.22
-------------
TS-ACCTS PAYABL Accounts Payable
__________________
Total TS-ACCTS PAYABL Accounts Payable
-------------
BANK INDEBT Bank Indebtedness
__________________
Total BANK INDEBT Bank Indebtedness
-------------
CUSTOMER DEP Deposits from Customers $ 20,000.00
2370-1-00-1 Deposits-Tenants-CA $ 20,000.00
__________________
Total CUSTOMER DEP Deposits from Customers $ 20,000.00
-------------
TS-CUSTOMER DEP Deposits from Customers
__________________
Total TS-CUSTOMER DEP Deposits from Customers
-------------
__________________
Total CURRENTS LIABS CURRENT LIABILITIES $ 37,832,328.97
-------------
LONG TERM LIABS LONG TERM LIABILITIES $ 13,706,004.10
Long Term Loan Long Term Loan $ 13,706,004.10
2500-1-00-1 Shareholder's Loan-CA $- 104,152.04
3300-1-00-1 Secured Loan-CA $ 11,371,114.03
3350-2-00-1 Secured Loan-US $ 2,439,042.11
__________________
Total Long Term Loan Long Term Loan $ 13,706,004.10
-------------
TS-Long Trm Lon Long Term Loan
__________________
Total TS-Long Trm Lon Long Term Loan
-------------
__________________
Total LONG TERM LIABS LONG TERM LIABILITIES $ 13,706,004.10
-------------
TAX LIABS TAX LIABILITIES $- 385,084.84
GST/PST/FED TAX ""GST, PST & Federal Taxes" $- 392,507.81
2210-1-00-1 GST/HST Collected on Sales $ 347,619.00
2220-1-00-1 GST/HST Paid on Purchases $- 675,193.82
2230-1-00-1 GST/HST Remittances $- 65,188.20
2235-1-00-1 QST Collected on Sales $ 5,074.08
2240-1-00-1 QST Paid on Purchase $- 1,263.16
2241-1-00-1 QST Remittance $- 258.23
2260-1-00-1 Corp. Tax Payable $- 3,297.48
__________________
Total GST/PST/FED TAX ""GST, PST & Federal Taxes" $- 392,507.81
-------------
TS-GST/PST/FED ""GST, PST & Federal Taxes"
__________________
Total TS-GST/PST/FED ""GST, PST & Federal Taxes"
-------------
PAYRL LIABS CAD Payroll Liabilities - CA $ 7,647.75
2310-1-00-1 Payroll Income Tax Payable $ 2,050.11
2320-1-00-1 CPP Payable $ 4,150.20
2330-1-00-1 UIC Payable $ 1,447.44
__________________
Total PAYRL LIABS CAD Payroll Liabilities - CA $ 7,647.75
-------------
TS-PAYRL LIA CA Payroll Liabilities - CA
__________________
Total TS-PAYRL LIA CA Payroll Liabilities - CA
-------------
PAYRL LIABS US Payroll US Liabilities $- 224.78
2351-2-00-1 Federal Tax Payable $- 28.49
2352-2-00-1 Social Security/Medicare $- 43.65
2353-2-00-1 NC State Tax Payable $- 201.99
2354-2-00-1 NC Unemployment Tax $ 57.84
2357-2-00-1 WA State Tax Payable $- 8.49
__________________
Total PAYRL LIABS US Payroll US Liabilities $- 224.78
-------------
TS-PAYRL LIA US Payroll US Liabilities
__________________
Total TAX LIABS TAX LIABILITIES $- 385,084.84
-------------
__________________
Total Liabilities $ 51,153,248.23
Equity $ 1,767,604.81
RET EARNINGS RETAINED EARNINGS $- 1,369,527.17
RET EARN Retained Earnings $- 1,369,527.17
3800-1-00-1 Retained Earnings-CA $ 6,168,530.47
3850-2-00-1 Retained Earnings-US $- 7,409,814.65
3900-1-00-1 Current Year Earnings-CA $ 1,757.01
3975-1-00-1 Dividend Declared $- 130,000.00
__________________
Total RET EARN Retained Earnings $- 1,369,527.17
-------------
TS-RET EARN Retained Earnings
__________________
Total TS-RET EARN Retained Earnings
-------------
__________________
Total RET EARNINGS RETAINED EARNINGS $- 1,369,527.17
-------------
STOCK STOCK $ 1,000.00
COM Common Stock $ 1,000.00
3100-1-00-1 Common Stock-CA $ 1,000.00
__________________
Total COM Common Stock $ 1,000.00
-------------
TS-COM Common Stock
__________________
Total STOCK STOCK $ 1,000.00
-------------
Profit Period $ 3,136,131.98
__________________
Total Equity $ 1,767,604.81
__________________
$ 52,920,853.04
=============
(currency) Foreign Currency
US$ 6,894,821.17
US$ 2,616,452.16
US$ 314,993.26
US$ 496.22
US$ 356,083.42
US$ - 22.89
US$ - 41,563.49
__________________
US$ 314,993.26
-------------
__________________
-------------
US$ 2,301,458.90
US$ 984,015.70
US$ 1,117,443.20
US$ 200,000.00
__________________
US$ 2,301,458.90
-------------
__________________
-------------
__________________
US$ 2,616,452.16
-------------
US$ 4,278,369.01
US$ 6,339.62
US$ 12,445.24
US$ - 6,105.62
__________________
US$ 6,339.62
-------------
US$ 49,910.94
US$ 110,667.15
US$ - 60,756.21
__________________
US$ 49,910.94
-------------
__________________
-------------
US$ 11,816.33
US$ - 11,816.33
__________________
-------------
US$ 8,590.95
US$ 49,824.08
US$ - 41,233.13
__________________
US$ 8,590.95
-------------
US$ 11,179.39
US$ 45,711.83
US$ - 34,532.44
__________________
US$ 11,179.39
-------------
__________________
-------------
__________________
-------------
__________________
-------------
__________________
-------------
US$ - 276,968.81
US$ - 276,968.81
__________________
US$ - 276,968.81
-------------
__________________
-------------
US$ 4,372,995.56
US$ 231,109.97
US$ 708,523.35
US$ 1,548,116.41
US$ 1,868,486.02
US$ 685.85
US$ 576.47
US$ 51.17
US$ 15,446.32
__________________
US$ 4,372,995.56
-------------
__________________
-------------
US$ 3,576.83
US$ 3,229.76
US$ 347.07
__________________
US$ 3,576.83
-------------
__________________
-------------
US$ 102,744.53
US$ 10,714,224.13
US$ - 12,078,655.34
US$ 17,640.43
US$ - 1,729.10
US$ 1,450,264.41
US$ 1,000.00
__________________
US$ 102,744.53
-------------
__________________
US$ 4,278,369.01
-------------
__________________
US$ 6,894,821.17
__________________
US$ 6,894,821.17
=============
US$ - 4,260,195.01
US$ - 5,156,958.36
US$ 107,131.35
US$ - 144.87
US$ 107,276.22
__________________
US$ 107,131.35
-------------
US$ 527,038.02
US$ 3,025.05
US$ 517,284.26
US$ - 98,375.67
US$ 105,104.38
__________________
US$ 527,038.02
-------------
__________________
-------------
US$ - 5,791,127.73
US$ - 9,208,056.00
US$ 2,293,186.52
US$ 1,123,741.75
__________________
US$ - 5,791,127.73
-------------
__________________
-------------
__________________
-------------
__________________
-------------
__________________
-------------
__________________
US$ - 5,156,958.36
-------------
US$ 1,686,936.94
US$ 1,686,936.94
US$ - 95,742.05
US$ 1,782,678.99
__________________
US$ 1,686,936.94
-------------
__________________
-------------
__________________
US$ 1,686,936.94
-------------
US$ - 790,173.59
US$ - 790,071.01
US$ 1,862.42
US$ - 791,933.43
__________________
US$ - 790,071.01
-------------
__________________
-------------
__________________
-------------
__________________
-------------
US$ - 102.58
US$ - 146.85
US$ 44.25
US$ 0.02
__________________
US$ - 102.58
-------------
__________________
US$ - 790,173.59
-------------
__________________
US$ - 4,260,195.01
US$ - 60,982,830.97
US$ - 32,683,246.22
US$ - 32,683,246.22
US$ - 25,205,848.15
US$ - 7,477,398.07
__________________
US$ - 32,683,246.22
-------------
__________________
-------------
__________________
US$ - 32,683,246.22
-------------
__________________
-------------
__________________
-------------
US$ - 28,299,584.75
__________________
US$ - 60,982,830.97
__________________
US$ - 65,243,025.98
=============
