For MrIndy from the 5/11 Form 10-Q filed by CART (most recent quarterly report).
Total assets March 31, 2001 - $159,719,000
Total assets December 31, 2000 - $144,101,000
Additionally, the main difference in income this year as compared to last year is sponsor revenue which decreased by $2 million. However, last year CART ended up taking a one time hit of six million as bad debt for sponsor revenue never received.
Despite the negligible first quarter, CART should once again have a net income in excess of $15 million for the year.
CART is seasonal company and the first and last quarter reports are out of season and thus aren't adequate basis for financial assessment.