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<br />CONSTRUCT GROUP CORP. <br />BALANCE SHEETS <br />DECEMBER 31. <br /> <br />ASSETS 2009 2008 <br />CURRENT ASSETS <br />Cash and cash equivalents $ 39,003 S 12.469 <br />Contracts receivable 4,177,605 4,639,679 <br />Costs and estimated earnings in excess of bi llings <br />on uncompleted contracts 620, I 07 1.271.298 <br />Total current assets 4.836,715 5,923,446 <br />PROPERTY AND EQUIPMENT - NET 914.352 954,130 <br />OTHER ASSETS 7,855 5.591 <br /> $ 5,758,922 $ 6,883,167 <br /> <br />LIABILITIES AND STOCKHOLDERS' EQUITY <br /> <br />CURRENT LIABILITIES <br />Short - term borrowings <br />Current portion of long-term debt <br />Accounts payable - trade <br />Accrued liabilities <br />Billings in excess of costs and estimated earnings <br />on uncompleted contracts <br /> <br />'rotal current liabilities <br /> <br />$ <br /> <br />850,000 <br />240,767 <br />765,995 <br />116,333 <br /> <br />$ 982,787 <br />172,420 <br />1,777,431 <br /> <br />180,784 <br />2.153,879 <br /> <br />156,413 <br />3,089,051 <br /> <br />LONG - TERM DEBT <br /> <br />574,279 <br /> <br />483,950 <br /> <br />STOCKHOLDERS' EQUITY <br />Common stock - 600 shares of no par value <br />150 authorized, issued and outstanding <br />Paid-in capital in excess of par <br />Retained earnings <br /> <br /> 500 500 <br /> 37,169 37,169 <br /> 2,993,095 3.272,497 <br /> 3,030,764 3,310,166 <br />$ 5.758.922 S 6,883,167 <br /> <br />The accompanying notes are an integral part of this statement <br /> <br />~ <br />., <br />