| Balance Sheet for Etruscan Resources Ltd (EET:CA) | | | | | | | Assets | in Thousands of Dollars | | | 11/2007 | 11/2006 | 11/2005 | 11/2004 | 11/2003 | | | Cash and Equivalents | 31,927 | 16,657 | 888 | 675 | 12,188 | | Marketable Securities | 376 | - | - | 9,699 | - | | Receivables | 1,240 | 369 | 210 | 311 | 957 | | Inventories | 366 | 308 | - | - | 544 | | Other Current Assets | 302 | 932 | 1,301 | 561 | 371 | | Total Current Assets | 34,210 | 18,266 | 2,398 | 11,246 | 14,061 | | | Gross Fixed Assets | 145,794 | 61,343 | 31,236 | 40,510 | 20,912 | | Accumulated Depreciation | (1,188) | (859) | (821) | (1,057) | (745) | | Net Fixed Assets | 144,606 | 60,484 | 30,416 | 39,453 | 20,167 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 997 | 7,319 | 10,756 | 6,425 | 7,501 | | Total Non-Current Assets | 145,603 | 67,802 | 41,171 | 45,878 | 27,668 | | Total Assets | 179,814 | 86,068 | 43,570 | 57,124 | 41,728 | | | Liabilities | in Thousands of Dollars | | | 11/2007 | 11/2006 | 11/2005 | 11/2004 | 11/2003 | | | Accounts Payable | 11,404 | 10,331 | 3,219 | 2,695 | 6,225 | | Short Term Debt | 6,647 | 324 | 737 | 1,273 | 1,016 | | Other Current Liabilities | - | - | - | - | - | | Total Current Liabilities | 18,052 | 10,655 | 3,956 | 3,967 | 7,241 | | | Long Term Debt | 25,676 | 218 | 611 | 2,828 | 3,190 | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 35,130 | 950 | 850 | - | - | | Minority Interest | 8,580 | - | - | 735 | 929 | | Total Non-Current Liabilities | 69,386 | 1,168 | 1,461 | 3,562 | 4,119 | | Total Liabilities | 87,438 | 11,823 | 5,417 | 7,530 | 11,361 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 92,376 | 74,245 | 38,153 | 49,594 | 30,367 | | Total Equity | 92,376 | 74,245 | 38,153 | 49,594 | 30,367 | | Total Liabilities & Stock Equity | 179,814 | 86,068 | 43,570 | 57,124 | 41,728 | | | |
