CCSE:TDV.D Balance Sheet

Financials in millions VEF. Fiscal year is January - December.

Millions VEF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2011	FY 2010	FY 2009	FY 2008	FY 2007
Period Ending	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009	Dec '08 Dec 31, 2008	Dec '07 Dec 31, 2007
Cash & Equivalents	3,690	3,904	2,101	1,199	776.31
Trading Asset Securities	113.92	89.7	56.32	65.99	57.58
Cash & Short-Term Investments	3,804	3,994	2,158	1,265	833.89
Cash Growth	-4.75%	85.07%	70.64%	51.64%	-31.76%
Accounts Receivable	3,124	2,749	2,453	1,798	1,427
Other Receivables	401.54	188.29	46.26	57.35	105.47
Receivables	3,526	2,937	2,499	1,855	1,533
Inventory	1,656	874.94	846.24	736.98	465.6
Prepaid Expenses	38.75	6.67	18.03	21.97	34
Restricted Cash	63.17	46.88	34.9	28.52	-
Other Current Assets	988.61	464.14	122	92.66	23.41
Total Current Assets	10,077	8,323	5,678	4,000	2,890
Property, Plant & Equipment	5,384	4,611	4,488	4,383	4,094
Other Intangible Assets	772.98	802.37	798.61	867.32	917
Long-Term Accounts Receivable	421.53	194.24	328.31	238.18	145.88
Long-Term Deferred Tax Assets	4,340	3,830	3,227	2,448	1,720
Other Long-Term Assets	15.38	16.52	18.2	15.88	32.93
Total Assets	21,010	17,778	14,538	11,952	9,800
Accounts Payable	4,022	3,328	1,538	2,467	1,854
Accrued Expenses	1,738	1,263	968.7	847.76	651.92
Current Portion of Long-Term Debt	-	-	-	12.88	20.56
Current Income Taxes Payable	-	176.21	271.69	129.79	166.33
Current Unearned Revenue	1,166	856.92	653.43	504.6	385.53
Other Current Liabilities	1,077	851.93	1,859	900.77	511.38
Total Current Liabilities	8,003	6,476	5,291	4,863	3,590
Long-Term Debt	-	-	-	-	10.28
Long-Term Unearned Revenue	726.88	397.25	158.96	22.41	-
Pension & Post-Retirement Benefits	3,942	3,397	3,056	2,322	1,979
Other Long-Term Liabilities	389.44	344.66	350.89	307.83	367.08
Total Liabilities	13,061	10,615	8,857	7,515	5,946
Common Stock	2,151	2,151	2,151	2,151	2,151
Retained Earnings	5,813	5,029	3,547	2,300	1,717
Comprehensive Income & Other	-19.83	-19.83	-19.76	-19.43	-18.73
Total Common Equity	7,945	7,160	5,679	4,432	3,849
Minority Interest	4.36	2.79	1.69	5.09	4.55
Shareholders' Equity	7,949	7,163	5,681	4,437	3,854
Total Liabilities & Equity	21,010	17,778	14,538	11,952	9,800
Total Debt	-	-	-	12.88	30.83
Net Cash (Debt)	3,804	3,994	2,158	1,252	803.05
Net Cash Growth	-4.75%	85.07%	72.40%	55.86%	-31.00%
Net Cash Per Share	4.83	5.07	2.75	1.60	1.03
Filing Date Shares Outstanding	783.98	783.98	784	784.11	784.26
Total Common Shares Outstanding	783.98	783.98	784	784.11	784.26
Working Capital	2,074	1,847	386.82	-863.02	-700.1
Book Value Per Share	10.13	9.13	7.24	5.65	4.91
Tangible Book Value	7,172	6,358	4,880	3,564	2,932
Tangible Book Value Per Share	9.15	8.11	6.22	4.55	3.74
Land	77.4	77.4	77.3	75.31	75.31
Buildings	3,869	3,685	3,567	3,412	3,214
Machinery	18,457	17,292	16,546	15,859	15,226
Construction In Progress	1,501	1,087	817.38	761.56	453.63

Source: S&P Global Market Intelligence. Standard template. Financial Sources.