Dynamic Corp.

Consolidated Income Statement Year ended December 31, 2009 (in $ thousands)
$ 191,685 Revenues 120,638 Cost of sales 71,047 Gross profit 16,370 Selling expenses 18,077 General and administration expenses 15,317 Research and development costs 8,293 Other operating income 1,135 Other operating expenses 59,192 Total expenses 11,855 Operating result 235 Interest income 756 Other income (56) Interest expense 12,790 Net income from ordinary activities before 789 Income tax 12,001 Net income from ordinary activities 2,872 Extraordinary expense $ 9,129 Net income for the year

Dynamic Corp. Consolidated Balance Sheet December 31, 2009 (in $ thousands) Assets Cash and cash equivalents Accounts receivable Inventories Available-for-sale securities Deferred tax assets Other current assets Total current assets Property, plant and equipment Investment property Deferred tax assets Goodwill Other intangible assets Other non-current assets Total non-current assets Total assets Liabilities and shareholders' Short-term debt Accounts payable Accrued income taxes Other accrued liabilities Other current liabilities Deferred revenues Total current liabilities Debt Other noncurrent liabilities Total noncurrent liabilities Total liabilities

####### 33,490 45,095 9,025 59 4,831 ####### 35,119 4,908 4,773 14,747 11,160 747 71,454 #######

1,251 23,761 254 2,820 4,878 24,877 57,841 10,103 16,475 26,578 84,419

Common stock - 29,713,000 shares 29,713 and outstanding Additional paid in capital 71,228 Retained earnings 52,906 Accumulated other comprehensive (2,369) Total equity and shareholders' ####### liabilities equity #######

Dynamic Corp. Consolidated Income Statement Year ended December 31, 2009 (in $ thousands) US GAAP
$ 191,685 Revenues 120,638 Cost of sales 71,047 Gross profit 16,370 Selling expenses 18,077 General and administration expenses 15,317 Research and development costs 8,293 Other operating income 1,135 Other operating expenses 59,192 Total expenses 11,855 Operating result 235 Interest income 756 Other income (56) Interest expense 12,790 Net income from ordinary activities before 789 Income tax 12,001 Net income from ordinary activities 2,872 Extraordinary expense $ 9,129 Net income for the year $

Conversion Referenc Entries e

(3,240) (1,759) (1,481) 21,370 (931)

IFRS
$ 188,445 118,879 69,566 16,370 39,447 14,386 9,428 79,631 (10,065) 235 756 (104) (9,178) 789 (9,967) (9,967)

20,439 (21,920)

(48) (21,968) (21,968) (2,872) $ (19,096)

Dynamic Corp. Consolidated Balance Sheet December 31, 2009 (in $ thousands) Conversion Assets Cash and cash equivalents Accounts receivable Inventories Available-for-sale securities Deferred tax assets Other current assets Total current assets Property, plant and equipment Biological assets Investment property Deferred tax assets Goodwill Other intangible assets Other non-current assets Total non-current assets Total assets Liabilities and shareholders' Short-term debt Accounts payable Accrued income taxes Other accrued liabilities Other current liabilities Deferred revenues Total current liabilities Debt Other noncurrent liabilities Total noncurrent liabilities Total liabilities Share capital - 29,713,000 shares and outstanding Share premium Retained earnings Impact on current year net income Accumulated other comprehensive Other reserves Total equity and shareholders' liabilities equity $ US GAAP $ 71,943 33,490 45,095 9,025 59 4,831 164,443 35,119 4,908 4,773 14,747 11,160 747 71,454 $ 235,897 Debit Credit Reference IFRS $ 51 $ 71,892 33,490 46,036 9,541 59 4,831 110 165,790 2,542 34,139 1,300 4,908 4,832 14,747 12,091 747 72,764 238,554

941 516

1,457 1,562 1,300 59 931 3,852 5,309

2,542 2,652

1,251 23,761 254 2,820 4,878 24,877 57,841 10,103 16,475 26,578 84,419

51

3,603

817 106 3,240 6,949

868 3,935 1,104 5,039 5,907

4,803 23,761 254 2,003 4,984 28,117 63,922 6,168 35,158 41,326 105,248

19,787 19,787 26,736

29,713 71,228 52,906 (2,369) 151,478 235,897

29,713 71,228 1,925 23 (19,096) 1,467 1,359 (16,247) $ 10,489 31,908 (902) 1,359 133,306 238,554

1,925 7,832

Dynamic Corp. Statement of cash flows Year ended December 31, 2009 (in $ thousands)

Cash flow from operating activities $9,129 Net income for the year Reconciliation between net income and cash flows from operating activities 2,872 Impairment expense 7,844 Depreciation and amortization 232 Deferred income taxes Other changes in ###### Asset accounts 29,006 Liability accounts 21,306 Cash flow provided by operating activities Cash flow from investing activities Capital expenditures in property, plant and equipment Capital expenditures in intangible assets Cash flow used for investing activities Cash flow from financing activities Issuance of convertible bonds Cash flow provided by financing activities

(2,181) (184) (2,365)

4,000 4,000

Effect of changes of exchange rates on cash and cash equivalents (390) 22,551 Net change in cash and cash equivalents 49,392 Cash and cash equivalents at the beginning of the period ###### Cash and cash equivalents at the end of the period Supplemental disclosure of cash flow information: Interest paid Interest received Income taxes paid

(42) 253 (923)

Dynamic Corp. Consolidated statement of changes in equity Year ended December 31, 2009 (in $ thousands) Accumulated other Common Additional comprehensive Stock paid-in-capital income/loss (1,991) Balance at January 1, 2009$29,713 $ 71,228 $ Net income for the period (48) Currency translation 393 Unrealized investment gains (723) Actuarial losses $29,713 $ 71,228 $ (2,369) Balance at December 31, 2009

Retained earnings $ 43,777 9,129

$ 52,906

Total equity $ 142,727 9,129 (48) 393 (723) $ 151,478

Dynamic Corp. Conversion Journal Entries December 31, 2009 (In $ thousands) Adjustment Journal Entry DR CR

Dynamic Corp. Inventory - Repair parts December 31, 2009

Activity of inventory for semiconductor repair parts: Purchases Units Month Units Unit Cost Total Sold Jan-08 1,000 $80.00 $80,000 200 Feb-08 500 $82.00 $41,000 500 Mar-08 500 $85.00 $42,500 600 Apr-08 500 $85.00 $42,500 500 May-08 3,500 $85.00 $297,500 3,000 Jun-08 2,500 $87.00 $217,500 2,500 Jul-08 3,500 $88.00 $308,000 3,500 Aug-08 3,800 $89.00 $338,200 3,250 Sep-08 3,500 $92.00 $322,000 3,000 Oct-08 3,500 $91.00 $318,500 3,500 Nov-08 4,000 $90.00 $360,000 3,400 Dec-08 4,000 $95.00 $380,000 3,800 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 4,000 4,250 4,250 4,100 4,230 4,250 2,500 2,500 4,250 4,600 4,700 4,200 $100.00 $102.00 $103.00 $105.00 $110.00 $112.00 $115.00 $116.00 $118.00 $118.00 $120.00 $121.00 $400,000 $433,500 $437,750 $430,500 $465,300 $476,000 $287,500 $290,000 $501,500 $542,800 $564,000 $508,200 3,500 825 4,200 4,050 4,150 4,000 4,100 4,150 4,125 4,150 4,200 4,150

Dynamic Corp. Inventory - Impairment of Finished Goods December 31, 2009

Impairment of semiconductor finished goods: Unit #1 Unit #2 Total Cost $750,000 ######## ######## Fair value 38,000 198,000 236,000 Impairment $712,000 ######## ########

Dynamic Corp. Fair Value of Timber December 31, 2009 (in $ thousands)

Dynamic Corp. Property, Plant & Equipment - Depreciation December 31, 2009 (in $ thousands) Property, Plant & Equipment per US GAAP balance sheet: Depreciatio n& Impairment Cost Land and buildings 31,095 11,412 Timber 1,282 1,009 Technical equipment and machinery 30,247 16,918 Other plant, factory and office equipment 9,338 7,504 Total 71,962 36,843 Identifiable components of land and buildings: Component Virginia England California Land 855 234 281 Building shell 15,002 1,408 4,624 Roof & interior construction 2,522 758 1,105 Electric, ventilation, etc 1,768 550 547 Fixed equipment-20 years 419 196 148 Fixed equipment-15 years 75 52 33 Fixed equipment-10 years 186 69 40 IT infrastructure 124 48 51 Total Land and Buildings 20,951 3,315 6,829

Total 1,370 21,034 4,385 2,865 763 160 295 223 31,095

Dynamic Corp. Property, Plant & Equipment December 31, 2009 (in $ thousands) Depreciati on & Impairmen t Cost Land and buildings 31,095 11,424 Timber 1,282 1,009 Technical equipment and machinery 30,247 16,906 Other plant, factory and office equipment 9,338 7,504 Total 71,962 36,843

Component Virginia England California Land 855 234 281 Building shell 15,002 1,408 4,624 Roof & interior construction 2,522 758 1,105 Electric, ventilation, etc 1,768 550 547 Fixed equipment-20 years 419 196 148 Fixed equipment-15 years 75 52 33 Fixed equipment-10 years 186 69 40 IT infrastructure 124 48 51 Total Land and Buildings 20,951 3,315 6,829 US GAAP Total Buildings Annual Depreciation Years of Depreciation Accum. Dep. 12/31/2009

Total 1,370 21,034 4,385 2,865 763 160 295 223 31,095

20,096 502 10 5,024

3,081 77 9 693

6,548 164 8.5 1,391

29,725 743 7,109

Annual Depreciation Component Virginia England California Land 0 0 0 Building shell 375 35 116 Roof & interior construction 126 38 55 Electric, ventilation, etc 77 24 24 Fixed equipment-20 years 21 10 7 Fixed equipment-15 years 5 3 2 Fixed equipment-10 years 19 7 4 IT infrastructure 12 5 5

Total 0 526 219 125 38 11 30 22

Annual Depreciation Years of Depreciation Accum. Dep. 12/31/2009

635 10 6,350

122 9 1,098

213 8.5 1,813

970 9,261

Dynamic Corp. Research & Development December 31, 2009

Costs Development cost, Nov-Dec 2008 $230,000 Development cost, Jan-Jun 2009 840,000 Development cost, July-Nov 2009 935,000 Legal fees patent 50,000

Dynamic Corp. Contingent liabilties December 31, 2009 (in $ thousands)

Range of likely outcomes Minimum Maximum

3,550,000 40,000,000

Dynamic Corp. Debt December 31, 2009 (in $ thousands)

Debt consists of the following (in thousands): Short term Bank overdrafts Current installment of bank note

$51 1,200 $1,251

Long-term Convertible bonds Bank note maturing October 15, 2010, refinanced with five-year bank note on February 15, 2010. Bank note payable in monthly installments (of $100 plus interest) through January 2012.

$4,000 3,603 2,500 $6,103

Dynamic Corp. Available-for-sale securities December 31, 2009 (in $ thousands) Fair Value Cost 12/31/2008 12/31/2009 Equity securities, public companies 7,824 8,305 8,698 Equity securities, private companies 327 524 843

Dynamic Corp. Contracts pending installation December 31, 2009 (In $ thousands)
Estimated Installation (in thousands) Revenue Labor Cost $ 500 $ 125 332 83 984 246 748 187 676 169 $ 3,240 $ 810

Job # 09-26753 09-26754 09-26758 09-26759 09-26760

Dynamic Corp. Pension obligation December 31, 2009 (in $ thousands)

Funded status: Plan assets less than benefit obligation Net amount recognized

12,925 12,925

Amounts recognized in the consolidated balance sheet: Noncurrent liability 12,925 Accumulated other comprehensive loss 951 Amount recognized in other comprehensive income: Other comprehensive pension loss 723

Dynamic Corp. Lease Adjustment December 31, 2009 Scheduled Payments: Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Present Value Fair Value of Equipment

Payments 102,000 204,000 204,000 204,000 204,000 204,000 204,000 204,000 204,000 204,000 204,000 102,000 $1,561,911 $1,749,000 89.30% 11 15 73.33%

Term of Lease Estimated Life

Prepare conversion adjustment: Payments 2009 $102,000 Principal $47,333 Interest $54,667

Expected principal payment 2010 Expected payments non-current

$106,020 $1,408,558

Monthly depreciation 2009 depreciation

$11,833 $70,996