| Balance Sheet for PetroCanada (PCA:CA) | | | | | | | Assets | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 231 | 499 | 721 | 170 | 635 | | Marketable Securities | - | - | - | - | - | | Receivables | 1,973 | 1,600 | 1,617 | 1,254 | 1,503 | | Inventories | 668 | 632 | 596 | 549 | 551 | | Other Current Assets | 280 | 95 | 237 | - | - | | Total Current Assets | 3,178 | 2,826 | 3,171 | 1,986 | 2,705 | | | Gross Fixed Assets | 29,542 | 28,622 | 24,343 | 22,871 | 18,068 | | Accumulated Depreciation | (10,045) | (10,045) | (8,422) | (8,088) | (7,309) | | Net Fixed Assets | 19,497 | 18,577 | 15,921 | 14,783 | 10,759 | | Intangibles | - | - | - | 986 | 810 | | Other Non-Current Assets | 446 | 442 | 826 | 345 | 316 | | Total Non-Current Assets | 20,674 | 19,820 | 17,484 | 16,114 | 11,885 | | Total Assets | 23,852 | 22,646 | 20,655 | 18,100 | 14,590 | | | Liabilities | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 3,512 | 3,319 | 2,854 | 2,223 | 1,822 | | Short Term Debt | 2 | 7 | 7 | 6 | 6 | | Other Current Liabilities | - | 22 | 184 | 370 | 300 | | Total Current Liabilities | 3,623 | 3,348 | 3,045 | 2,898 | 2,128 | | | Long Term Debt | 3,339 | 2,887 | 2,906 | 2,275 | 2,223 | | Deferred Income Tax | 3,069 | 2,974 | 2,405 | 2,708 | 1,830 | | Other Non-Current Liabilities | 1,951 | 2,996 | 2,811 | 1,480 | 688 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 8,359 | 8,857 | 8,122 | 6,463 | 4,741 | | Total Liabilities | 11,982 | 12,205 | 11,167 | 9,361 | 6,869 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 11,870 | 10,441 | 9,488 | 8,739 | 7,721 | | Total Equity | 11,870 | 10,441 | 9,488 | 8,739 | 7,721 | | Total Liabilities & Stock Equity | 23,852 | 22,646 | 20,655 | 18,100 | 14,590 | | | |