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EXHIBIT 2 DON FOSTER'S DIVE CAYMAN LTD. BALANCE SHEETS (UNAUDITED) MAY 31 1996 1995 1994 Current Assets: Cash 1,038 1,004 1,701 Accounts Receivable 54,744 67,547

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EXHIBIT 2 DON FOSTER'S DIVE CAYMAN LTD. BALANCE SHEETS (UNAUDITED) MAY 31 1996 1995 1994 Current Assets: Cash 1,038 1,004 1,701 Accounts Receivable 54,744 67,547 49,502 Inventory 38,103 43,860 46,341 Total Current Assets 93,885 112,411 97,544 Non-Current Assets: Investments $ 3,000 $ 167,000 $ 167,000 Fixed Assets $1,220,097 $1,270,631 $1,341,818 Goodwill $ 384,950 $ 384,950 $ 384,950 Total Non-Current Assets $1,608,047 $1,822,581 $1,893,768 Total Assets $1,701,932 $1,934,992 $1,991,312 Current Liabilities: Short-term Bank Loan 93,608 $ 140,293 $ 122,941 Customer Deposits 46,913 $ 69,349 36,984 Accounts Payable 158,437 113,293 141,415 Total Current Liabilities $ 298,958 $ 322,935 301,340 Long-term Liabilities: Long-term Bank Loan 156,958 $ 189,910 $ 264,953 Note Payable $ 870,741 $ 979,591 $1,078,123 Total Long-term Liabilities $1,027,699 $1,169,501 $1,343,076 Shareholders' Equity: Capital Stock 82 82 82 Paid-In Capital 223,094 223,094 163,377 Retained Earnings $ 152,099 $ 219,380 $ 183,437 Total Equity $ 375,275 $ 442,556 $ 346,896 Total Liabilities and Equity $1,701,932 $1,934,992 $1,991,312Sales Revenue Operating Expenses Prot from Operations Administrative Expenses Prot Before Gains/Losses Gain on Sale of Fixed Assets Gain on Currency Exchange Prot (Loss) for the year 1996 $ 2,376,874 $12,204,865! $ 172,009 $ (257,132) $ (85,123) $ 1,824 $ 16 018 $ (67,281) 1995 $ 2,479,367 $12,162,768) 55 316,599 $ 295,043) 33 21,556 $ (3,799) $ 18 186 $ 35,943 DON FOSTER'S DIVE CAYMAN, LTD. INCOME STATED/[ENTS (UNAUDITED) FOR THE YEAR ENDED MAY 31 1994 $ 2,556,897 $52,010,180! $ 546,717 $ i331,470[ $ 215,247 $ 0 $ 10 437 $ 225,684

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