| Balance Sheet for Pacific Northern Gas Ltd (PNG:CA) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 802 | 11,574 | - | - | 313 | | Marketable Securities | - | - | - | - | - | | Receivables | 31,224 | 29,907 | 29,206 | 23,304 | 25,100 | | Inventories | 2,063 | 2,603 | 2,688 | 1,725 | 2,215 | | Other Current Assets | 416 | - | - | 362 | - | | Total Current Assets | 36,068 | 48,418 | 33,694 | 25,606 | 27,761 | | | Gross Fixed Assets | 295,531 | 286,737 | 280,605 | 291,141 | 281,789 | | Accumulated Depreciation | (121,198) | (113,741) | (109,254) | (114,361) | (107,441) | | Net Fixed Assets | 174,333 | 172,996 | 171,351 | 176,780 | 174,348 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 7,051 | 8,651 | 10,165 | 5,271 | 4,305 | | Total Non-Current Assets | 181,539 | 181,647 | 181,516 | 182,051 | 178,653 | | Total Assets | 217,607 | 230,065 | 215,210 | 207,657 | 206,414 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 18,221 | 22,094 | 21,121 | 16,037 | 15,054 | | Short Term Debt | 11,247 | 9,955 | 15,039 | 10,428 | 7,282 | | Other Current Liabilities | 10,543 | 17,557 | 4,144 | 4,958 | 6,299 | | Total Current Liabilities | 40,011 | 49,606 | 40,304 | 31,423 | 28,635 | | | Long Term Debt | 72,821 | 71,679 | 76,560 | 81,447 | 85,827 | | Deferred Income Tax | 14,530 | 15,430 | 15,430 | 15,430 | 15,430 | | Other Non-Current Liabilities | 4,016 | 8,573 | 224 | 407 | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 91,367 | 95,682 | 92,214 | 97,284 | 101,257 | | Total Liabilities | 131,378 | 145,288 | 132,518 | 128,707 | 129,892 | | | Preferred Stock Equity | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | | Common Stock Equity | 81,229 | 79,777 | 77,692 | 73,950 | 71,522 | | Total Equity | 86,229 | 84,777 | 82,692 | 78,950 | 76,522 | | Total Liabilities & Stock Equity | 217,607 | 230,065 | 215,210 | 207,657 | 206,414 | | | |
