| Balance Sheet for Nemi Northern Energy & Mining Inc. (NNE.A:CA) | | | | | | | Assets | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Cash and Equivalents | 9,689 | 2,174 | 26,317 | 7,393 | 55 | | Marketable Securities | - | - | - | - | - | | Receivables | 32 | 1,083 | 175 | 60 | - | | Inventories | - | 9,355 | - | - | - | | Other Current Assets | - | - | 1,306 | 175 | 36 | | Total Current Assets | 9,759 | 12,972 | 27,870 | 7,677 | 95 | | | Gross Fixed Assets | 21 | 32,848 | 13,417 | 1,042 | 929 | | Accumulated Depreciation | (3) | (236) | (65) | (19) | (6) | | Net Fixed Assets | 18 | 32,612 | 13,352 | 1,023 | 923 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 43,625 | 66,830 | 23,801 | 3,126 | 627 | | Total Non-Current Assets | 43,643 | 99,442 | 37,154 | 4,150 | 1,550 | | Total Assets | 53,402 | 112,414 | 65,024 | 11,827 | 1,645 | | | Liabilities | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Accounts Payable | 99 | 11,686 | 7,058 | 487 | 209 | | Short Term Debt | - | 92 | - | - | - | | Other Current Liabilities | - | 28,162 | 1,726 | - | - | | Total Current Liabilities | 99 | 49,939 | 18,784 | 487 | 209 | | | Long Term Debt | - | 10,334 | - | - | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | - | 1,811 | - | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | - | 12,146 | - | - | - | | Total Liabilities | 99 | 62,085 | 18,784 | 487 | 209 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 53,303 | 50,329 | 46,239 | 11,340 | 1,436 | | Total Equity | 53,303 | 50,329 | 46,239 | 11,340 | 1,436 | | Total Liabilities & Stock Equity | 53,402 | 112,414 | 65,024 | 11,827 | 1,645 | | | |
