	2008 12/31/08	2007 12/31/07	2006 12/31/06	2005 12/31/05
ASSETS
Cash & Short Term Investments	144	92	396	34
Receivables - Net	321	339	110	104
Raw Materials	85	82	30	26
Work in Progress	15	17	5	6
Finished Goods	65	71	16	16
Progress Payments Other	0	0	1	2
Inventories - Total	164	169	52	49
Prepaid Expenses	--	--	--	--
Other Current Assets	88	53	38	188
CURRENT ASSETS - TOTAL	718	653	596	222
Land	36	42	2	4
Buildings	134	140	46	46
Machinery & Equipment	218	193	76	64
Property, Plant and Equipment - Gross	451	441	164	148
Accumulated Depreciation	(143)	(118)	(75)	(71)
Property, Plant and Equipment - Net	308	323	89	78
Investments in Associated Companies	0	0	0	1
Deferred Charges	13	22	--	--
Other Tangible Assets	19	15	17	10
Total Intangible Other Assets - Net	1,768	1,962	239	239
Other Assets - Total	1,846	2,074	303	300
TOTAL ASSETS	2,825	2,975	941	550
LIABILITIES
Accounts Payable	201	199	44	46
Short Term Debt & Current Portion of Long Term Debt	11	12	0	4
Accrued Payroll	78	70	24	24
Income Taxes Payable	21	23	--	--
Other Current Liabilities	114	99	35	101
CURRENT LIABILITIES - TOTAL	424	404	104	106
Long Term Debt	1,179	1,579	469	163
Provision for Risks and Charges	71	72	10	--
Deferred Taxes - Credit	103	174	--	--
Deferred Taxes - Debit	46	75	47	49
DEFERRED TAXES	57	98	--	(49)
Other Liabilities	59	64	(33)	13
TOTAL LIABILITIES	1,790	2,217	550	232
EQUITY
Non-Equity Reserves	0	0	0	--
Minority Interest	0	0	0	0
Preferred Stock	0	0	0	0
Common Stock	951	610	351	312
Other Appropriated Reserves	34	4	--	--
Retained Earnings	50	22	38	5
Unrealized Foreign Exchange Gain/Loss	--	149	2	871K
Unrealized Gain/Loss on Marketable Securities	0	(27)	--	--
COMMON EQUITY	1,035	759	391	318
TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY	2,825	2,975	941	550
SHARE INFORMATION
Common Shares Outstanding	34	31	26	25

	2009 Q3 9/30/09	2009 Q2 6/30/09	2009 Q1 3/31/09	2008 Q4 12/31/08	2008 Q3 9/30/08
ASSETS
Cash & Short Term Investments	125	276	102	144	147
Receivables - Net	325	311	310	321	339
Inventories - Total	178	166	162	164	188
Prepaid Expenses	--	--	--	--	--
Other Current Assets	99	92	89	88	69
CURRENT ASSETS - TOTAL	726	846	663	718	744
Property, Plant and Equipment - Gross	498	482	446	451	462
Accumulated Depreciation	(183)	(169)	(151)	(143)	(144)
Property, Plant and Equipment - Net	316	312	295	308	318
Total Intangible Other Assets - Net	1,743	1,708	1,649	1,768	1,842
Other Assets - Total	1,841	1,800	1,715	1,846	1,991
TOTAL ASSETS	2,814	2,900	2,639	2,825	2,934
LIABILITIES
Accounts Payable	194	188	192	201	218
Short Term Debt & Current Portion of Long Term Debt	11	120	11	11	356
Income Taxes Payable	36	30	29	21	27
Other Current Liabilities	186	195	194	192	198
CURRENT LIABILITIES - TOTAL	427	533	426	424	798
Long Term Debt	813	854	946	1,179	849
Deferred Taxes - Credit	84	89	91	103	170
Deferred Taxes - Debit	69	58	34	46	118
DEFERRED TAXES	15	31	56	57	52
Other Liabilities	149	133	131	129	128
TOTAL LIABILITIES	1,404	1,551	1,559	1,790	1,827
EQUITY
Non-Equity Reserves	0	0	0	0	0
Minority Interest	0	0	0	0	0
Preferred Stock	0	0	0	0	0
Common Stock	1,294	1,287	1,121	951	946
Retained Earnings	25	28	13	50	46
Unrealized Foreign Exchange Gain/Loss	91	34	(53)	--	--
COMMON EQUITY	1,411	1,349	1,080	1,035	1,107
TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY	2,814	2,900	2,639	2,825	2,934
SHARE INFORMATION
Common Shares Outstanding	40	40	37	34	34

() = Negative Values
Values are displayed in Millions except for earnings per share and where noted

ITRI : NASDAQ