| Balance Sheet for Teal Exploration & Mining Inc. (TL:CA) | | | | | | | Assets | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Cash and Equivalents | 1,997 | 6,252 | 29,628 | 398 | 197 | | Marketable Securities | - | - | - | - | - | | Receivables | 5,946 | 431 | 669 | 38 | 55 | | Inventories | 3,775 | 56 | - | - | - | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 12,289 | 7,281 | 30,342 | 465 | 266 | | | Gross Fixed Assets | 17,927 | 7,975 | 377 | 57 | 43 | | Accumulated Depreciation | (1,319) | (259) | (50) | (25) | (16) | | Net Fixed Assets | 16,608 | 7,716 | 327 | 32 | 27 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 27,698 | - | - | - | - | | Total Non-Current Assets | 44,306 | 7,716 | 327 | 32 | 27 | | Total Assets | 56,594 | 14,996 | 30,668 | 497 | 292 | | | Liabilities | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Accounts Payable | 18,959 | 3,907 | 683 | 652 | 490 | | Short Term Debt | 55,755 | 10,656 | - | 6 | - | | Other Current Liabilities | 824 | 232 | 133 | - | - | | Total Current Liabilities | 75,538 | 14,795 | 2,650 | 658 | 490 | | | Long Term Debt | 1,832 | 53 | - | 36,305 | 38,013 | | Deferred Income Tax | 82 | - | - | - | - | | Other Non-Current Liabilities | 1,806 | - | - | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 3,720 | 53 | - | 36,305 | 38,013 | | Total Liabilities | 79,258 | 14,848 | 2,650 | 36,963 | 38,503 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | (22,664) | 149 | 28,019 | (36,466) | (38,210) | | Total Equity | (22,664) | 149 | 28,019 | (36,466) | (38,210) | | Total Liabilities & Stock Equity | 56,594 | 14,997 | 30,669 | 497 | 293 | | | |
