Andes Gold Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2011	FY 2010	FY 2008	FY 2007	FY 2003
Period Ending	Mar '12 Mar 31, 2012	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010	Dec '08 Dec 31, 2008	Dec '07 Dec 31, 2007	Dec '03 Dec 31, 2003
Cash & Equivalents	0.06	0.07	0.05	0.03	-	-
Short-Term Investments	-	-	-	0	-	-
Cash & Short-Term Investments	0.06	0.07	0.05	0.03	-	-
Cash Growth	-	43.66%	54.99%	-	-	-
Accounts Receivable	0.25	0.25	0.75	-	-	0.23
Receivables	0.25	0.25	0.75	-	-	0.23
Inventory	0.51	0.47	0.07	-	-	0.33
Prepaid Expenses	-	-	-	-	-	0.29
Other Current Assets	-	-	-	-	-	1.13
Total Current Assets	0.82	0.78	0.87	0.03	-	1.99
Property, Plant & Equipment	2.57	2.19	1.73	1.52	-	1.45
Goodwill	-	-	-	-	-	0.57
Other Long-Term Assets	0.01	0.01	0.01	-	-	0.02
Total Assets	3.4	2.98	2.61	1.55	-	4.04
Accounts Payable	-	-	-	0.11	-	0.51
Accrued Expenses	-	-	0.81	2	0.87	-
Short-Term Debt	-	-	-	-	-	0.88
Current Portion of Long-Term Debt	-	-	-	-	-	0.54
Current Income Taxes Payable	0	0	0.02	-	-	-
Other Current Liabilities	-	-	-	-	-	2.24
Total Current Liabilities	0	0	0.83	2.1	0.87	4.18
Long-Term Debt	-	-	-	-	-	0.71
Long-Term Leases	-	-	-	-	-	0.02
Other Long-Term Liabilities	0.94	0.93	-	-	-	-
Total Liabilities	0.95	0.94	0.83	2.1	0.87	4.91
Common Stock	1.21	1	0.01	0.05	0.05	0.05
Additional Paid-In Capital	0.01	0.01	-	9.25	9.25	7.08
Retained Earnings	1.62	1.41	1.39	-9.85	-10.17	-10.17
Comprehensive Income & Other	-0.38	-0.38	0.38	-	-	-
Total Common Equity	2.46	2.04	1.77	-0.56	-0.87	-3.03
Shareholders' Equity	2.46	2.05	1.77	-0.56	-0.87	-0.87
Total Liabilities & Equity	3.4	2.98	2.61	1.55	-	4.04
Total Debt	-	-	-	-	-	2.16
Net Cash (Debt)	0.06	0.07	0.05	0.03	-	-2.16
Net Cash Growth	-	43.66%	54.99%	-	-	-
Net Cash Per Share	0.01	0.01	0.02	-	-	-
Filing Date Shares Outstanding	6.06	5	2.5	1.3	0.01	-
Total Common Shares Outstanding	6.06	5	2.5	0.01	0.01	-
Working Capital	0.82	0.78	0.04	-2.07	-0.87	-2.19
Book Value Per Share	0.41	0.41	0.71	-43.12	-67.62	-
Tangible Book Value	2.46	2.04	1.77	-0.56	-0.87	-3.61
Tangible Book Value Per Share	0.41	0.41	0.71	-43.12	-67.62	-
Buildings	0.1	0.14	0.04	-	-	-
Machinery	2.27	1.75	1.56	0.9	-	-

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