v2.4.0.6

Consolidated Balance Sheets (Unaudited) (USD $)	Jun. 30, 2012	Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 71,792	$ 104,672
Marketable securities	4,100,643	3,930,601
Other assets	22,553	22,553
Total assets	4,194,988	4,057,826
Liabilities:
Accounts payable and accrued expenses	45,356	69,962
Deferred tax liability	294,649	237,759
Total liabilities	340,005	307,721
Stockholder's equity:
Preferred stock, Cumulative $0.10 par value, 7% cumulative 2,500,000 shares authorized, 505,110 shares issued	50,511	50,511
Common stock, $.10 par value, 25,000,000 shares authorized, 1,283,068 issued	128,307	128,307
Additional paid-in capital	1,716,074	1,716,074
Retained earnings	1,081,710	1,114,595
Accumulated other comprehensive income	1,264,491	1,125,306
Less investment in Twenty Services Holding	(60,000)	(60,000)
Treasury Stock	(326,110)	(324,687)
Total stockholders' equity	3,854,983	3,750,105
Total liabilities and stockholders' equity	$ 4,194,988	$ 4,057,826

Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.

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TWENTY SERVICES INC 10-Q