| Balance Sheet for Terravest Income Fund (TI.UN:CA) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | | | Cash and Equivalents | 668 | - | 1,235 | | Marketable Securities | - | - | - | | Receivables | 44,835 | 51,183 | 57,729 | | Inventories | 60,540 | 65,950 | 60,449 | | Other Current Assets | - | 18 | 441 | | Total Current Assets | 108,151 | 118,823 | 123,578 | | | Gross Fixed Assets | 56,921 | 54,917 | 47,893 | | Accumulated Depreciation | (13,042) | (8,420) | (3,614) | | Net Fixed Assets | 43,879 | 46,497 | 44,279 | | Intangibles | 7,599 | 16,821 | 118,306 | | Other Non-Current Assets | - | - | - | | Total Non-Current Assets | 94,557 | 137,143 | 163,275 | | Total Assets | 202,708 | 255,966 | 286,853 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | | | Accounts Payable | 21,204 | 22,703 | 27,843 | | Short Term Debt | 48,064 | 52,813 | 40 | | Other Current Liabilities | 1,024 | 3,569 | 86,665 | | Total Current Liabilities | 70,292 | 79,085 | 114,548 | | | Long Term Debt | - | - | 49 | | Deferred Income Tax | 4,937 | 6,205 | 6,919 | | Other Non-Current Liabilities | 95 | 21,050 | 27,110 | | Minority Interest | 24,121 | 12,466 | 25,466 | | Total Non-Current Liabilities | 29,228 | 39,836 | 59,668 | | Total Liabilities | 99,520 | 118,921 | 174,216 | | | Preferred Stock Equity | - | - | - | | Common Stock Equity | 103,188 | 137,045 | 112,637 | | Total Equity | 103,188 | 137,045 | 112,637 | | Total Liabilities & Stock Equity | 202,708 | 255,966 | 286,853 | | | |
