<strong>PT Matahari Department Store Tbk</strong><br/><span>Annual Balance Sheet<

/span><Table Border="1"><table width="100%" cellpadding="3" cellspacing="1" cla

ss="ccbnRowHoverTbl" Border="1"><tr class="ccbnBgTblTtl"><td align="left"><span
class="ccbnTblTtl">Period Ended</span></td><td align="right"><span class="ccbnT
blTtl">31-Dec-2014</span></td><td align="right"><span class="ccbnTblTtl">31-Dec2013</span></td><td align="right"><span class="ccbnTblTtl">31-Dec-2012</span></t
d></tr><tr class="ccbnBgTblSubTtl"><td align="left">&#160;</td><td align="right"
><span class="ccbnTblSubTtl">Restated</span></td><td align="right"><span class="
ccbnTblSubTtl">Reclassified</span></td><td align="right"><span class="ccbnTblSub
Ttl">Update</span></td></tr><tr class="ccbnBgTblSubTtl"><td align="left">&#160;<
/td><td align="right"><span class="ccbnTblSubTtl">05-Nov-2015</span></td><td ali
gn="right"><span class="ccbnTblSubTtl">05-Nov-2015</span></td><td align="right">
<span class="ccbnTblSubTtl">05-Nov-2015</span></td></tr><tr class="ccbnBgTblSubT
tl"><td width="100%" align="left" colspan="4"><span class="ccbnTblSubTtl">In mil
lions of IDR<br />(except for per share items)</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Cash & Equivalents</span></td><td align="righ
t" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">785,895.00</span></td><
td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">772,217.0
0</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTbl
Txt">999,872.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Cash and Short Term Investments</span></
td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">785,8
95.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccb
nTblTxt">772,217.00</span></td><td align="right" valign="top" nowrap="nowrap"><s
pan class="ccbnTblTxt">999,872.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Accounts Receivable - Trade, Net</span></td><
td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">45,063.00
</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblT
xt">32,786.00</span></td><td align="right" valign="top" nowrap="nowrap"><span cl
ass="ccbnTblTxt">57,654.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Receivables - Other</span></td><td align="rig
ht" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">135,942.00</span></td>
<td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">57,911.0
0</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTbl
Txt">60,642.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Total Receivables, Net</span></td><td al
ign="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">181,005.00</sp
an></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">
90,697.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class=
"ccbnTblTxt">118,296.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Inventories - Finished Goods</span></td><td a
lign="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">961,113.00</s
pan></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt"
>729,691.00</span></td><td align="right" valign="top" nowrap="nowrap"><span clas
s="ccbnTblTxt">526,269.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Inventories - Other</span></td><td align="rig
ht" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">-5,882.00</span></td><
td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">-5,882.00
</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblT
xt">-6,668.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Total Inventory</span></td><td align="ri
ght" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">955,231.00</span></td

><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">723,809

.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnT
blTxt">519,601.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Prepaid Expenses</span></td><td align="r
ight" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">169,167.00</span></t
d><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">103,35
2.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbn
TblTxt">93,710.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Other Current Assets</span></td><td align="ri
ght" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">26,209.00</span></td>
<td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">12,992.0
0</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTbl
Txt">12,741.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Other Current Assets, Total</span></td><
td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">26,209.00
</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblT
xt">12,992.00</span></td><td align="right" valign="top" nowrap="nowrap"><span cl
ass="ccbnTblTxt">12,741.00</span></td></tr>
<tr><td colspan="6"><table width="100%"
cellpadding="0" cellspacing="0" Border="1"><tr class="ccbnBgLine"><td></td></tr
></table></td></tr>
<tr class="ccbnBgTblHighlight"><td class
="ccbnBgTblHighlightLnk"><span class="ccbnTblTxt">Total Current Assets</span></t
d><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblHighlight">
2,117,507.00</span></td><td align="right" valign="top" nowrap="nowrap"><span cla
ss="ccbnTblHighlight">1,703,067.00</span></td><td align="right" valign="top" now
rap="nowrap"><span class="ccbnTblHighlight">1,744,220.00</span></td></tr>
<tr class="ccbnBgSpacer">
<td colspan="6"></td>
</tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Buildings - Gross</span></td><td align="right
" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">460,979.00</span></td><t
d align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">404,425.00
</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblT
xt">324,379.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Machinery / Equipment - Gross</span></td><td
align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">1,118,971.00
</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblT
xt">990,357.00</span></td><td align="right" valign="top" nowrap="nowrap"><span c
lass="ccbnTblTxt">842,944.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Construction in Progress - Gross</span></td><
td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">88,405.00
</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblT
xt">30,923.00</span></td><td align="right" valign="top" nowrap="nowrap"><span cl
ass="ccbnTblTxt">31,163.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Property / Plant / Equipment, Total - Gross</
span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt
">1,668,355.00</span></td><td align="right" valign="top" nowrap="nowrap"><span c
lass="ccbnTblTxt">1,425,705.00</span></td><td align="right" valign="top" nowrap=
"nowrap"><span class="ccbnTblTxt">1,198,486.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Accumulated Depreciation, Total</span></td><t
d align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">-893,445.0

0</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTbl

Txt">-686,900.00</span></td><td align="right" valign="top" nowrap="nowrap"><span
class="ccbnTblTxt">-489,742.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Property / Plant / Equipment, Total - Ne
t</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTbl
Txt">774,910.00</span></td><td align="right" valign="top" nowrap="nowrap"><span
class="ccbnTblTxt">738,805.00</span></td><td align="right" valign="top" nowrap="
nowrap"><span class="ccbnTblTxt">708,744.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Note Receivable - Long Term</span></td><
td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</span>
</td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--<
/span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTx
t">2,413.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Deferred Charges</span></td><td align="right"
valign="top" nowrap="nowrap"><span class="ccbnTblTxt">317,552.00</span></td><td
align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">289,264.00<
/span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTx
t">270,098.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Defered Income Tax - Long Term Asset</span></
td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">49,25
0.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbn
TblTxt">43,005.00</span></td><td align="right" valign="top" nowrap="nowrap"><spa
n class="ccbnTblTxt">53,851.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Restricted Cash - Long Term</span></td><td al
ign="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</span></td>
<td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">25,579.0
0</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTbl
Txt">39,187.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Other Long Term Assets</span></td><td align="
right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">153,735.00</span></
td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">137,1
62.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccb
nTblTxt">111,239.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Other Long Term Assets, Total</span></td
><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">520,537
.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnT
blTxt">495,010.00</span></td><td align="right" valign="top" nowrap="nowrap"><spa
n class="ccbnTblTxt">474,375.00</span></td></tr>
<tr><td colspan="6"><table width="100%"
cellpadding="0" cellspacing="0" Border="1"><tr class="ccbnBgLine"><td></td></tr
></table></td></tr>
<tr class="ccbnBgTblHighlight"><td class
="ccbnBgTblHighlightLnk"><span class="ccbnTblTxt">Total Assets</span></td><td al
ign="right" valign="top" nowrap="nowrap"><span class="ccbnTblHighlight">3,412,95
4.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbn
TblHighlight">2,936,882.00</span></td><td align="right" valign="top" nowrap="now
rap"><span class="ccbnTblHighlight">2,929,752.00</span></td></tr>
<tr class="ccbnBgSpacer">
<td colspan="6"></td>
</tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Accounts Payable</span></td><td align="r
ight" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">1,410,802.00</span><

/td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">1,26

5,953.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="
ccbnTblTxt">1,054,745.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Accrued Expenses</span></td><td align="r
ight" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">256,878.00</span></t
d><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">181,19
7.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbn
TblTxt">270,766.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Notes Payable / Short Term Debt</span></
td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">.00</
span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt
">.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccb
nTblTxt">.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Current Portion of Long Term Debt / Capi
tal Leases</span></td><td align="right" valign="top" nowrap="nowrap"><span class
="ccbnTblTxt">278,978.00</span></td><td align="right" valign="top" nowrap="nowra
p"><span class="ccbnTblTxt">29,149.00</span></td><td align="right" valign="top"
nowrap="nowrap"><span class="ccbnTblTxt">483,935.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Customer Advances</span></td><td align="right
" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">127,000.00</span></td><t
d align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">108,136.00
</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblT
xt">84,358.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Income Taxes Payable</span></td><td align="ri
ght" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">128,814.00</span></td
><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">73,519.
00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTb
lTxt">181,340.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Other Payables</span></td><td align="right" v
align="top" nowrap="nowrap"><span class="ccbnTblTxt">148,683.00</span></td><td a
lign="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">92,926.00</sp
an></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">
85,386.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Other Current Liabilities</span></td><td alig
n="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">167,366.00</span
></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">13
9,301.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="
ccbnTblTxt">9,675.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Other Current liabilities, Total</span><
/td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">571,
863.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="cc
bnTblTxt">413,882.00</span></td><td align="right" valign="top" nowrap="nowrap"><
span class="ccbnTblTxt">360,759.00</span></td></tr>
<tr><td colspan="6"><table width="100%"
cellpadding="0" cellspacing="0" Border="1"><tr class="ccbnBgLine"><td></td></tr
></table></td></tr>
<tr class="ccbnBgTblHighlight"><td class
="ccbnBgTblHighlightLnk"><span class="ccbnTblTxt">Total Current Liabilities</spa
n></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblHighli
ght">2,518,521.00</span></td><td align="right" valign="top" nowrap="nowrap"><spa
n class="ccbnTblHighlight">1,890,181.00</span></td><td align="right" valign="top
" nowrap="nowrap"><span class="ccbnTblHighlight">2,170,205.00</span></td></tr>

<tr class="ccbnBgSpacer">
<td colspan="6"></td>
</tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Long Term Debt</span></td><td align="right" v
align="top" nowrap="nowrap"><span class="ccbnTblTxt">410,191.00</span></td><td a
lign="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">1,566,531.00<
/span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTx
t">2,475,161.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Total Long Term Debt</span></td><td alig
n="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">410,191.00</span
></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">1,
566,531.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class
="ccbnTblTxt">2,475,161.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Total Debt</span></td><td align="right"
valign="top" nowrap="nowrap"><span class="ccbnTblTxt">689,169.00</span></td><td
align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">1,595,680.00
</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblT
xt">2,959,096.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Pension Benefits - Underfunded</span></td><td
align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">324,979.00<
/span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTx
t">261,542.00</span></td><td align="right" valign="top" nowrap="nowrap"><span cl
ass="ccbnTblTxt">215,918.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Other Long Term Liabilities</span></td><td al
ign="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</span></td>
<td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</span
></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">.0
0</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Other Liabilities, Total</span></td><td
align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">324,979.00</
span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt
">261,542.00</span></td><td align="right" valign="top" nowrap="nowrap"><span cla
ss="ccbnTblTxt">215,918.00</span></td></tr>
<tr><td colspan="6"><table width="100%"
cellpadding="0" cellspacing="0" Border="1"><tr class="ccbnBgLine"><td></td></tr
></table></td></tr>
<tr class="ccbnBgTblHighlight"><td class
="ccbnBgTblHighlightLnk"><span class="ccbnTblTxt">Total Liabilities</span></td><
td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblHighlight">3,2
53,691.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class=
"ccbnTblHighlight">3,718,254.00</span></td><td align="right" valign="top" nowrap
="nowrap"><span class="ccbnTblHighlight">4,861,284.00</span></td></tr>
<tr class="ccbnBgSpacer">
<td colspan="6"></td>
</tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Common Stock</span></td><td align="right" val
ign="top" nowrap="nowrap"><span class="ccbnTblTxt">386,794.00</span></td><td ali
gn="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">386,794.00</spa
n></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">3
86,794.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Common Stock, Total</span></td><td align
="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">386,794.00</span>

</td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">386

,794.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="c
cbnTblTxt">386,794.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Additional Paid-In Capital</span></td><t
d align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">-3,571,934
.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnT
blTxt">-3,571,934.00</span></td><td align="right" valign="top" nowrap="nowrap"><
span class="ccbnTblTxt">195,192.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Retained Earnings (Accumulated Deficit)<
/span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTx
t">3,344,403.00</span></td><td align="right" valign="top" nowrap="nowrap"><span
class="ccbnTblTxt">2,403,768.00</span></td><td align="right" valign="top" nowrap
="nowrap"><span class="ccbnTblTxt">1,253,608.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Other Equity</span></td><td align="right" val
ign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</span></td><td align="righ
t" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</span></td><td align
="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">-3,767,126.00</sp
an></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Other Equity, Total</span></td><td align
="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</span></td><td
align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</span></
td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">-3,76
7,126.00</span></td></tr>
<tr><td colspan="6"><table width="100%"
cellpadding="0" cellspacing="0" Border="1"><tr class="ccbnBgLine"><td></td></tr
></table></td></tr>
<tr class="ccbnBgTblHighlight"><td class
="ccbnBgTblHighlightLnk"><span class="ccbnTblTxt">Total Equity</span></td><td al
ign="right" valign="top" nowrap="nowrap"><span class="ccbnTblHighlight">159,263.
00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTb
lHighlight">-781,372.00</span></td><td align="right" valign="top" nowrap="nowrap
"><span class="ccbnTblHighlight">-1,931,532.00</span></td></tr>
<tr class="ccbnBgSpacer">
<td colspan="6"></td>
</tr>
<tr><td colspan="6"><table width="100%"
cellpadding="0" cellspacing="0" Border="1"><tr class="ccbnBgLine"><td></td></tr
></table></td></tr>
<tr class="ccbnBgTblHighlight"><td class
="ccbnBgTblHighlightLnk"><span class="ccbnTblTxt">Total Liabilities & Shareholde
rs' Equity</span></td><td align="right" valign="top" nowrap="nowrap"><span class
="ccbnTblHighlight">3,412,954.00</span></td><td align="right" valign="top" nowra
p="nowrap"><span class="ccbnTblHighlight">2,936,882.00</span></td><td align="rig
ht" valign="top" nowrap="nowrap"><span class="ccbnTblHighlight">2,929,752.00</sp
an></td></tr>
<tr class="ccbnBgSpacer">
<td colspan="6"></td>
</tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Shares Outstanding - Common Stock Primary Iss
ue</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTb
lTxt">259.10</span></td><td align="right" valign="top" nowrap="nowrap"><span cla
ss="ccbnTblTxt">259.10</span></td><td align="right" valign="top" nowrap="nowrap"
><span class="ccbnTblTxt">259.10</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Shares Outstanding - Common Issue 2</span></t

d><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">6.17</

span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt
">6.17</span></td><td align="right" valign="top" nowrap="nowrap"><span class="cc
bnTblTxt">6.17</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLnk"><span class="ccbnTblTxt">Shares Outstanding - Common Issue 3</span></t
d><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">2,652.
65</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTb
lTxt">2,652.65</span></td><td align="right" valign="top" nowrap="nowrap"><span c
lass="ccbnTblTxt">2,652.65</span></td></tr>
<tr><td colspan="6"><table width="100%"
cellpadding="0" cellspacing="0" Border="1"><tr class="ccbnBgLine"><td></td></tr
></table></td></tr>
<tr class="ccbnBgTblHighlight"><td class
="ccbnBgTblHighlightLnk"><span class="ccbnTblTxt">Total Common Shares Outstandin
g</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTbl
Highlight">2,917.92</span></td><td align="right" valign="top" nowrap="nowrap"><s
pan class="ccbnTblHighlight">2,917.92</span></td><td align="right" valign="top"
nowrap="nowrap"><span class="ccbnTblHighlight">2,917.92</span></td></tr>
<tr class="ccbnBgSpacer">
<td colspan="6"></td>
</tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Treasury Shares - Common Stock Primary I
ssue</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbn
TblTxt">.00</span></td><td align="right" valign="top" nowrap="nowrap"><span clas
s="ccbnTblTxt">.00</span></td><td align="right" valign="top" nowrap="nowrap"><sp
an class="ccbnTblTxt">.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Treasury Shares - Common Issue 2</span><
/td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">.00<
/span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTx
t">.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="cc
bnTblTxt">.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Treasury Shares - Common Issue 3</span><
/td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">.00<
/span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTx
t">.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="cc
bnTblTxt">.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Employees</span></td><td align="right" v
align="top" nowrap="nowrap"><span class="ccbnTblTxt">12,594.00</span></td><td al
ign="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">13,654.00</spa
n></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">1
2,702.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Deferred Revenue - Current</span></td><t
d align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">127,000.00
</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblT
xt">108,136.00</span></td><td align="right" valign="top" nowrap="nowrap"><span c
lass="ccbnTblTxt">84,358.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Total Current Assets less Inventory</spa
n></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">1
,162,276.00</span></td><td align="right" valign="top" nowrap="nowrap"><span clas
s="ccbnTblTxt">979,258.00</span></td><td align="right" valign="top" nowrap="nowr
ap"><span class="ccbnTblTxt">1,224,619.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Quick Ratio</span></td><td align="right"

valign="top" nowrap="nowrap"><span class="ccbnTblTxt">.46</span></td><td align=

"right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">.52</span></td><td
align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">.56</span><
/td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Current Ratio</span></td><td align="righ
t" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">.84</span></td><td alig
n="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">.90</span></td><
td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">.80</span
></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Net Debt</span></td><td align="right" va
lign="top" nowrap="nowrap"><span class="ccbnTblTxt">-96,726.00</span></td><td al
ign="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">823,463.00</sp
an></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">
1,959,224.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Tangible Book Value</span></td><td align
="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">159,263.00</span>
</td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">-78
1,372.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="
ccbnTblTxt">-1,931,532.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Tangible Book Value per Share</span></td
><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">54.58</
span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt
">-267.78</span></td><td align="right" valign="top" nowrap="nowrap"><span class=
"ccbnTblTxt">-661.96</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Total Long Term Debt, Supplemental</span
></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">-</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblT
xt">--</span></td><td align="right" valign="top" nowrap="nowrap"><span class="cc
bnTblTxt">2,959,096.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Long Term Debt Maturing within 1 Year</s
pan></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt"
>--</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnT
blTxt">--</span></td><td align="right" valign="top" nowrap="nowrap"><span class=
"ccbnTblTxt">483,935.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Long Term Debt Maturing in Year 6 & Beyo
nd</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTb
lTxt">--</span></td><td align="right" valign="top" nowrap="nowrap"><span class="
ccbnTblTxt">--</span></td><td align="right" valign="top" nowrap="nowrap"><span c
lass="ccbnTblTxt">2,475,161.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Unfunded Plan Obligations</span></td><td
align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</span></
td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">279,4
03.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccb
nTblTxt">--</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Total Funded Status</span></td><td align
="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</span></td><td
align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">-279,403.00
</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblT
xt">--</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Discount Rate - Domestic</span></td><td

align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</span></t

d><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">8.90</
span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt
">--</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Compensation Rate - Domestic</span></td>
<td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</span
></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">10
.00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnT
blTxt">--</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Total Plan Obligations</span></td><td al
ign="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</span></td>
<td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">279,403.
00</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTb
lTxt">--</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Selling Space, Square Meters (Gross)</sp
an></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">
--</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTb
lTxt">--</span></td><td align="right" valign="top" nowrap="nowrap"><span class="
ccbnTblTxt">750,024.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Number of Stores Opened</span></td><td a
lign="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</span></td
><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</spa
n></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">1
3.00</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Number of Stores Closed</span></td><td a
lign="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</span></td
><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">--</spa
n></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">-</span></td></tr>
<tr class="ccbnBgTblOdd"><td class="ccbn
BgTblLabelLnk"><span class="ccbnTblTxt">Number of Stores, End of Period</span></
td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTblTxt">131.0
0</span></td><td align="right" valign="top" nowrap="nowrap"><span class="ccbnTbl
Txt">125.00</span></td><td align="right" valign="top" nowrap="nowrap"><span clas
s="ccbnTblTxt">116.00</span></td></tr></table></Table>