| Balance Sheet for West Timmins Mining Inc. (WTM:CA) | | | | | | | Assets | in Thousands of Dollars | | | 03/2008 | 03/2007 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 8,323 | 2,199 | 473 | 1,568 | 1,520 | | Marketable Securities | 75 | 243 | - | - | - | | Receivables | 1,434 | 500 | 28 | - | - | | Inventories | - | - | - | - | - | | Other Current Assets | - | - | 90 | 119 | 79 | | Total Current Assets | 9,868 | 2,956 | 606 | 1,715 | 1,626 | | | Gross Fixed Assets | 28,081 | 21,978 | 14,377 | 13,688 | 12,313 | | Accumulated Depreciation | (71) | (37) | - | - | - | | Net Fixed Assets | 28,010 | 21,942 | 14,377 | 13,688 | 12,313 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | - | - | - | - | - | | Total Non-Current Assets | 28,010 | 21,942 | 14,377 | 13,688 | 12,313 | | Total Assets | 37,877 | 24,897 | 14,982 | 15,403 | 13,939 | | | Liabilities | in Thousands of Dollars | | | 03/2008 | 03/2007 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 1,115 | 887 | 147 | 174 | 100 | | Short Term Debt | - | - | - | - | - | | Other Current Liabilities | 46 | 118 | 67 | - | - | | Total Current Liabilities | 1,161 | 1,005 | 214 | 174 | 100 | | | Long Term Debt | - | - | - | - | - | | Deferred Income Tax | - | - | 230 | - | - | | Other Non-Current Liabilities | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | - | - | 230 | - | - | | Total Liabilities | 1,161 | 1,005 | 444 | 174 | 100 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 36,716 | 23,892 | 14,538 | 15,229 | 13,839 | | Total Equity | 36,716 | 23,892 | 14,538 | 15,229 | 13,839 | | Total Liabilities & Stock Equity | 37,877 | 24,897 | 14,982 | 15,403 | 13,939 | | | |