Winland Electronics, Inc

(AMEX:WEX)

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Quarterly Data
Annual Data
Note: All numbers in thousands

	Sep 30, 2008	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007
Assets
Current Assets
Cash & Equivalents	537	—	626	1,152
Restricted Cash	—	—	—	—
Marketable Securities	—	—	—	—
Accounts Receivable	3,837	3,569	3,224	3,436
Loans Receivable	—	—	—	—
Other Receivable	651	—	—	389
Receivables	4,488	3,569	3,224	3,825
Raw Materials	3,419	3,409	3,317	3,467
Work in Progress	470	371	280	293
Purchased Components	—	—	—	—
Finished Goods	826	610	1,154	948
Other Inventories	—	—	—	—
Inventories Adjustments and Allowances	—	—	—	—
Inventories	4,715	4,390	4,751	4,708
Prepaid Expenses	333	389	382	253
Current Deferred Income Taxes	—	601	479	400
Other Current Assets	—	—	522	—
Total Current Assets	10,073	8,949	9,984	10,338
Land and Improvements	—	—	—	383
Building and Improvements	—	—	—	3,052
Machinery Furniture and Equipment	—	—	11,867	8,392
Construction in Progress	—	—	—	—
Other Fixed Assets	11,931	11,913	—	—
Total Fixed Assets	11,931	11,913	11,867	11,827
Gross Fixed Assets	11,931	11,913	11,867	11,827
Accumulated Depreciation and Depletion	6,996	6,792	6,614	6,410
Net Fixed Assets	4,935	5,121	5,253	5,417
Intangibles	—	—	—	—
Cost in Excess	—	—	—	—
Non Current Deferred Income Taxes	—	—	—	—
Other Non Current Assets	—	—	—	—
Total Non Current Assets	4,935	5,121	5,253	5,417
Total Assets	15,008	14,070	15,237	15,755
Liabilities
Current Liabilities
Accounts Payable	2,633	1,685	1,842	1,729
Notes Payable	—	—	—	—
Short Term Debt	472	616	458	512
Accrued Expenses	879	846	979	1,112
Accrued Liabilities	—	—	—	—
Deferred Revenues	—	—	—	—
Current Deferred Income Tax Liabilities	—	—	—	—
Other Current Liabilities	—	—	—	—
Total Current Liabilities	3,984	3,147	3,279	3,353
Non Current Liabilities
Long Term Debt	1,169	1,259	1,354	1,471
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	—	—	282	282
Other Non Current Liabilities	278	263	266	267
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	5,431	4,669	5,181	5,373
Total Liabilities	1,447	1,522	1,902	2,020
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	9,577	9,401	10,056	10,382
Common Par	37	37	36	36
Additional Paid in Capital	4,912	4,854	4,745	4,691
Cumulative Translation Adjustment	—	—	—	—
Retained Earnings	4,628	4,510	5,275	5,655
Treasury Stock	—	—	—	—
Other Equity Adjustments	—	—	—	—
Total Capitalization	10,746	10,660	11,410	11,853
Cash Flow	-192	192	482	616
Working Capital	6,089	5,802	6,705	6,985
Free Cash Flow	-296	-1,064	-355	3,605
Invested Capital	10,746	10,660	11,410	11,853
Total Equity	9,577	9,401	10,056	10,382
Total Liabilities and Stock Equity	15,008	14,070	15,237	15,755

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Assets
Current Assets
Cash & Equivalents	1,152	50	865	458
Restricted Cash	—	—	—	—
Marketable Securities	—	—	—	—
Accounts Receivable	3,436	5,165	4,033	2,774
Loans Receivable	—	—	—	—
Other Receivable	389	237	48	30
Receivables	3,825	5,402	4,082	2,805
Raw Materials	3,467	4,881	2,339	1,697
Work in Progress	293	327	164	257
Purchased Components	—	—	—	—
Finished Goods	948	1,976	1,212	1,574
Other Inventories	—	—	—	—
Inventories Adjustments and Allowances	—	-190	-192	-150
Inventories	4,708	6,994	3,523	3,378
Prepaid Expenses	253	360	311	285
Current Deferred Income Taxes	400	278	236	198
Other Current Assets	—	—	—	—
Total Current Assets	10,338	13,085	9,018	7,123
Land and Improvements	383	383	273	273
Building and Improvements	3,052	3,048	3,040	3,003
Machinery Furniture and Equipment	8,392	8,323	7,155	6,414
Construction in Progress	—	—	—	—
Other Fixed Assets	—	—	—	—
Total Fixed Assets	11,827	11,754	10,468	9,690
Gross Fixed Assets	11,827	11,754	10,468	9,690
Accumulated Depreciation and Depletion	6,410	5,975	5,540	5,447
Net Fixed Assets	5,417	5,779	4,928	4,243
Intangibles	—	3	1	0
Cost in Excess	—	—	—	—
Non Current Deferred Income Taxes	—	—	—	—
Other Non Current Assets	—	—	—	—
Total Non Current Assets	5,417	5,782	4,930	4,243
Total Assets	15,755	18,867	13,947	11,366
Liabilities
Current Liabilities
Accounts Payable	1,729	2,830	1,487	960
Notes Payable	—	—	—	—
Short Term Debt	512	2,551	538	666
Accrued Expenses	1,112	996	1,001	880
Accrued Liabilities	—	—	—	—
Deferred Revenues	—	—	—	—
Current Deferred Income Tax Liabilities	—	—	—	—
Other Current Liabilities	—	—	—	—
Total Current Liabilities	3,353	6,377	3,026	2,506
Non Current Liabilities
Long Term Debt	1,471	1,706	1,425	1,580
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	282	255	262	264
Other Non Current Liabilities	267	146	155	163
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	5,373	8,484	4,867	4,512
Total Liabilities	2,020	2,107	1,841	2,006
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	10,382	10,383	9,080	6,854
Common Par	36	36	35	34
Additional Paid in Capital	4,691	4,429	4,165	3,989
Cumulative Translation Adjustment	—	—	—	—
Retained Earnings	5,655	5,918	4,880	2,831
Treasury Stock	—	—	—	—
Other Equity Adjustments	—	—	—	—
Total Capitalization	11,853	12,089	10,505	8,434
Cash Flow	616	1,850	2,633	1,728
Working Capital	6,985	6,708	5,992	4,617
Free Cash Flow	3,605	-2,272	552	-1,664
Invested Capital	11,853	12,089	10,505	8,434
Total Equity	10,382	10,383	9,080	6,854
Total Liabilities and Stock Equity	15,755	18,867	13,947	11,366