| Balance Sheet for Pantera Drilling Income Trust (RIG.UN:CA) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | | | Cash and Equivalents | 728 | 1,217 | - | | Marketable Securities | - | - | - | | Receivables | 4,794 | 7,401 | 6,062 | | Inventories | - | - | - | | Other Current Assets | - | - | - | | Total Current Assets | 5,881 | 8,743 | 6,408 | | | Gross Fixed Assets | 57,801 | 52,901 | 30,451 | | Accumulated Depreciation | (9,044) | (6,586) | (5,046) | | Net Fixed Assets | 48,756 | 46,314 | 25,406 | | Intangibles | - | - | - | | Other Non-Current Assets | - | - | - | | Total Non-Current Assets | 48,756 | 46,314 | 25,406 | | Total Assets | 54,637 | 55,057 | 31,813 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | | | Accounts Payable | 4,437 | 9,476 | 4,468 | | Short Term Debt | 972 | 192 | 24,272 | | Other Current Liabilities | 195 | 406 | 1,222 | | Total Current Liabilities | 5,603 | 10,074 | 30,349 | | | Long Term Debt | 22,609 | 19,460 | 675 | | Deferred Income Tax | - | - | - | | Other Non-Current Liabilities | - | - | - | | Minority Interest | - | - | - | | Total Non-Current Liabilities | 22,609 | 19,460 | 675 | | Total Liabilities | 28,213 | 29,533 | 31,024 | | | Preferred Stock Equity | - | - | - | | Common Stock Equity | 26,425 | 25,524 | 790 | | Total Equity | 26,425 | 25,524 | 790 | | Total Liabilities & Stock Equity | 54,637 | 55,057 | 31,813 | | | |
