Collins  GROUP			
			
	BALANCE SHEET		
	ANNUAL ASSETS (000$)		
FISCAL YEAR ENDING	12/31/2008	12/31/2007	12/31/2006
CASH	"36,000"	"86,000"	"40,000"
MRKTABLE SECURITIES	NA	NA	NA
RECEIVABLES	"808,000"	"808,000"	"846,000"
INVENTORIES	"296,000"	"257,000"	"262,000"
RAW MATERIALS	NA	NA	NA
WORK IN PROGRESS	NA	NA	NA
FINISHED GOODS	NA	NA	NA
NOTES RECEIVABLE	NA	NA	NA
OTHER CURRENT ASSETS	"178,000"	"185,000"	"130,000"
TOTAL CURRENT ASSETS	"1,318,000"	"1,336,000"	"1,278,000"
"PROP, PLANT & EQUIP"	"2,055,000"	"1,918,000"	"1,818,000"
ACCUMULATED DEP	NA	NA	NA
NET PROP & EQUIP	"2,055,000"	"1,918,000"	"1,818,000"
INVEST & ADV TO SUBS	NA	NA	NA
OTHER NON-CUR ASSETS	NA	NA	NA
DEFERRED CHARGES	NA	NA	NA
INTANGIBLES	"3,806,000"	"3,679,000"	"3,820,000"
DEPOSITS & OTH ASSET	"143,000"	"255,000"	"136,000"
TOTAL ASSETS	"7,322,000"	"7,188,000"	"7,052,000"
			
			
FISCAL YEAR ENDING	12/31/2008	12/31/2007	12/31/2006
NOTES PAYABLE	"112,000"	"40,000"	"116,000"
ACCOUNTS PAYABLE	"904,000"	"811,000"	"750,000"
CUR LONG TERM DEBT	NA	NA	NA
CUR PORT CAP LEASES	NA	NA	NA
ACCRUED EXPENSES	NA	NA	NA
INCOME TAXES	"9,000"	"273,000"	"269,000"
OTHER CURRENT LIAB	NA	"23,000"	"19,000"
TOTAL CURRENT LIAB	"1,025,000"	"1,147,000"	"1,154,000"
MORTGAGES	NA	NA	NA
DEFERRED CHARGES/INC	"1,202,000"	"1,076,000"	"1,076,000"
CONVERTIBLE DEBT	NA	NA	NA
LONG TERM DEBT	"3,361,000"	"3,000,000"	"3,000,000"
NON-CUR CAP LEASES	NA	NA	NA
OTHER LONG TERM LIAB	"1,972,000"	"446,000"	"462,000"
TOTAL LIABILITIES	"7,560,000"	"5,669,000"	"5,692,000"
MINORITY INT (LIAB)	NA	NA	NA
PREFERRED STOCK	NA	NA	NA
COMMON STOCK NET	NA	NA	NA
CAPITAL SURPLUS	NA	NA	NA
RETAINED EARNINGS	NA	NA	NA
TREASURY STOCK	NA	NA	NA
OTHER EQUITIES	"-238,000"	"1,519,000"	"1,360,000"
SHAREHOLDER EQUITY	"-238,000"	"1,519,000"	"1,360,000"
TOT LIAB & NET WORTH	"7,322,000"	"7,188,000"	"7,052,000"
			
			
FISCAL YEAR ENDING	12/31/2008	12/31/2007	12/31/2006
NET SALES	"7,041,000"	"6,592,200"	"6,603,000"
COST OF GOODS	"4,181,000"	"3,832,000"	"3,844,000"
GROSS PROFIT	"2,860,000"	"2,760,000"	"2,759,000"
R & D EXPENDITURES	NA	NA	NA
SELL GEN & ADMIN EXP	"2,583,000"	"2,425,000"	"2,396,000"
INC BEF DEP & AMORT	"277,000"	"335,000"	"363,000"
DEPRECIATION & AMORT	NA	NA	NA
NON-OPERATING INC	"-248,000"	"2,000"	NA
INTEREST EXPENSE	"221,000"	"222,000"	"206,000"
INCOME BEFORE TAX	"-192,000"	"115,000"	"157,000"
PROV FOR INC TAXES	"-46,000"	"56,000"	"96,000"
INVEST GAINS/LOSSES	NA	NA	NA
OTHER INCOME	NA	NA	NA
NET INC BEF EX ITEMS	"-146,000"	"59,000"	"61,000"
EX ITEMS & DISC OPS	NA	NA	NA
NET INCOME	"-146,000"	"59,000"	"61,000"