| 31-Mar-01 | Eagle Consolidated Report | |||||||
| Balance Sheet UNAUDITED | ||||||||
| Mar/01 | Mar/00 | Inc/<Dec> | % | |||||
| ========== | ========== | Var | Var | |||||
| ASSETS | ||||||||
| Current Assets: | ||||||||
| Checking, Other AW | $0 | $3,550 | ($3,550) | -100.00% | ||||
| US BANK, Reno | 3,962 | -1,974 | 5,936 | 300.70% | ||||
| Checking, Sparks | -19,140 | 3,993 | -23,133 | -579.30% | ||||
| Trade Receivables | 11,276 | 0 | 11,276 | |||||
| Sale Contracts Receivable | 800,000 | 0 | 800,000 | |||||
| Notes Receivable PETI | 3,700 | 0 | 3,700 | |||||
| Notes receivable Lone Eagle | 0 | 0 | 0 | -100.00% | ||||
| Notes Rec. Zawtech | 18,566 | 8,302 | 10,264 | 123.60% | ||||
| Note Receivable, JAB | 0 | 436 | -436 | -100.00% | ||||
| Inventory Account #1 | 16,544 | 955 | 15,589 | 1632.10% | ||||
| Inventory Account #1 | 0 | -7,687 | 7,687 | 100.00% | ||||
| --------------- | --------------- | --------------- | ||||||
| TOTAL Current Assets | 834,908 | 7,575 | 827,333 | 10922% | ||||
| --------------- | --------------- | --------------- | ||||||
| Fixed Assets: | ||||||||
| Furniture & Fixtures | 16,810 | 214 | 16,596 | 7737.40% | ||||
| Equipment | 62,532 | 61,002 | 1,530 | 2.50% | ||||
| Equipment Accum. Deprn. | -36,874 | -36,874 | 0 | 0.00% | ||||
| Vehicles | 48,712 | 37,342 | 11,370 | 30.40% | ||||
| Vehicle Accum Deprn | -4,792 | -4,792 | 0 | 0.00% | ||||
| --------------- | --------------- | --------------- | ||||||
| TOTAL Fixed Assets | 86,388 | 56,892 | 29,496 | 51.80% | ||||
| --------------- | --------------- | --------------- | ||||||
| Other Assets: | ||||||||
| Rights To Technology | 256,655 | 256,655 | 0 | 0.00% | ||||
| Licenses for Zawcad | 391,417 | 391,417 | 0 | 0.00% | ||||
| Deposits | 3,380 | 0 | 3,380 | |||||
| Subsidiary Investment | 100 | 100 | 0 | 0.00% | ||||
| --------------- | --------------- | --------------- | ||||||
| TOTAL Other Assets | 651,552 | 648,172 | 3,380 | 0.50% | ||||
| --------------- | --------------- | --------------- | ||||||
| TOTAL ASSETS | $1,572,848 | $712,639 | $860,209 | 120.70% | ||||
| ========== | ========== | ========== | ||||||
| LIABILITIES | ||||||||
| Current Liabilities: | ||||||||
| Accounts Pay. Related Parties | $2,998 | ($425) | $3,423 | 806.30% | ||||
| Loans, short term, other | 1,550 | 0 | 1,550 | |||||
| Contract payables | 252,429 | 226,548 | 25,881 | 11.40% | ||||
| Inter company clearing | -10,744 | 5,156 | -15,900 | -308.40% | ||||
| Trade Payables | 360,903 | 178,738 | 182,165 | 98.20% | ||||
| Deposits on Equipment | 70,000 | 70,000 | 0 | 0.00% | ||||
| Sales Tax Payable | 3,077 | 0 | 3,077 | |||||
| Salaries and Wages Payable | 100,301 | 40,754 | 59,547 | 146.10% | ||||
| JAB Enterprises Inc. | 12,479 | -11,050 | 23,529 | 212.90% | ||||
| Lease payable IKON | 16,654 | 18,905 | -2,251 | -11.90% | ||||
| Lease Payable Auto/Ford | -0- | 12,952 | -2,113 | -100% | ||||
| --------------- | --------------- | --------------- | ||||||
| TOTAL Current Liabilities | 809,647 | 541,577 | 268,070 | 49.50% | ||||
| --------------- | --------------- | --------------- | ||||||
| Long-Term Liabilities: | ||||||||
| Notes Payable, legal | 5,400 | 23,678 | -18,278 | -77.20% | ||||
| Notes Pay Office Equip | 2,241 | 0 | 2,241 | |||||
| Notes Pay-Inter Company Pur | 25,257 | 0 | 25,257 | |||||
| Notes Payable, JAB ENT | 0 | 71,569 | -71,569 | -100.00% | ||||
| Notes Payable, Conv. Debenture | ||||||||
| 9,000 | 9,000 | 0 | 0.00% | |||||
| --------------- | --------------- | --------------- | ||||||
| TOTAL Long-Term Liabilities | 41,898 | 104,248 | -62,350 | -59.80% | ||||
| --------------- | --------------- | --------------- | ||||||
| TOTAL LIABILITIES | 851,545 | 645,825 | 205,720 | 31.80% | ||||
| --------------- | --------------- | --------------- | ||||||
| CAPITAL | ||||||||
| Common Stock | 132,955 | 132,955 | 0 | 0.00% | ||||
| Additional paid in Capital | 1,778,385 | 1,770,736 | 7,649 | 0.40% | ||||
| Retained Earnings | -1,134,945 | -783,609 | -351,336 | -44.80% | ||||
| Year-to-Date Earnings | -55,092 | -1,053,268 | 998,176 | 94.80% | ||||
| --------------- | --------------- | --------------- | ||||||
| TOTAL CAPITAL | 721,303 | 66,814 | 654,489 | 979.60% | ||||
| --------------- | --------------- | --------------- | ||||||
| TOTAL LIABILITIES & CAPITAL | $1,572,848 | $712,639 | $860,209 | 120.70% | ||||
| ========== | ========== | ========== | ||||||