Newtree S.A. (EBR:NEWT)

Newtree Balance Sheet

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

Fiscal Year	FY 2008	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Dec 31, 2008	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Cash & Equivalents	-	-	0.35	0.02	0.07
Short-Term Investments	2.97	3.83	0.12	1.35	0.08
Cash & Short-Term Investments	2.97	3.83	0.47	1.36	0.15
Cash Growth	-22.35%	713.52%	-65.39%	825.54%	49.21%
Accounts Receivable	1.19	1.37	1.29	0.55	0.29
Other Receivables	0.11	0.06	0.05	0.09	0.05
Receivables	1.3	1.43	1.34	0.63	0.34
Inventory	1.06	1.02	0.74	0.37	0.2
Prepaid Expenses	-	-	-	0.02	-
Other Current Assets	0	0	-	-	-
Total Current Assets	5.34	6.28	2.56	2.38	0.69
Property, Plant & Equipment	0.18	0.16	0.15	0.06	0.02
Long-Term Investments	-	-	-	0.24	0.02
Goodwill	0.77	0.86	0.11	-	-
Other Intangible Assets	0.51	0.34	0.14	0.08	0.04
Long-Term Deferred Charges	0.15	0.12	0.06	-	-
Other Long-Term Assets	0.03	0	0	-	0
Total Assets	6.98	7.75	3.02	2.75	0.77
Accounts Payable	0.82	0.94	0.71	0.5	0.28
Accrued Expenses	0.17	0.13	0.1	0.03	0.02
Current Portion of Long-Term Debt	0.01	0.04	0	-	0.02
Current Income Taxes Payable	0.01	0.08	0.14	0.05	-
Other Current Liabilities	0.04	0	0.05	0.17	-
Total Current Liabilities	1.05	1.19	1.01	0.75	0.32
Long-Term Debt	-	-	-	-	0.01
Other Long-Term Liabilities	0.07	0.04	0.01	0.01	0.01
Total Liabilities	1.12	1.23	1.02	0.76	0.34
Common Stock	0.78	0.78	0.57	0.56	0.44
Additional Paid-In Capital	6.31	6.31	1.52	1.38	-
Retained Earnings	-1.23	-0.62	-0.13	0.05	-0
Comprehensive Income & Other	0.01	0.03	0.03	0	-
Total Common Equity	5.88	6.5	1.98	2	0.43
Minority Interest	-0.01	0.01	0.02	-	-
Shareholders' Equity	5.86	6.52	2	2	0.43
Total Liabilities & Equity	6.98	7.75	3.02	2.75	0.77
Total Debt	0.01	0.04	0	-	0.03
Net Cash (Debt)	2.97	3.79	0.47	1.36	0.11
Net Cash Growth	-21.71%	713.45%	-65.75%	1105.87%	189.37%
Net Cash Per Share	2.73	3.49	0.59	-	0.20
Filing Date Shares Outstanding	1.09	1.09	0.79	-	0.61
Total Common Shares Outstanding	1.09	1.09	0.79	-	0.61
Working Capital	4.29	5.08	1.55	-	0.37
Book Value Per Share	5.41	5.99	2.51	-	0.72
Tangible Book Value	4.6	5.3	1.73	-	0.39
Tangible Book Value Per Share	4.24	4.89	2.19	-	0.65
Machinery	-	-	-	0.06	-

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