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	2000 - 2002
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	2000 - 2002
Cash & Equivalents	0.06	0.07	0.05	0.03	-	-	Upgrade
Short-Term Investments	-	-	-	0	-	-	Upgrade
Cash & Short-Term Investments	0.06	0.07	0.05	0.03	-	-	Upgrade
Cash Growth	-	43.66%	54.99%	-	-	-	Upgrade
Accounts Receivable	0.25	0.25	0.75	-	-	0.23	Upgrade
Receivables	0.25	0.25	0.75	-	-	0.23	Upgrade
Inventory	0.51	0.47	0.07	-	-	0.33	Upgrade
Prepaid Expenses	-	-	-	-	-	0.29	Upgrade
Other Current Assets	-	-	-	-	-	1.13	Upgrade
Total Current Assets	0.82	0.78	0.87	0.03	-	1.99	Upgrade
Property, Plant & Equipment	2.57	2.19	1.73	1.52	-	1.45	Upgrade
Goodwill	-	-	-	-	-	0.57	Upgrade
Other Long-Term Assets	0.01	0.01	0.01	-	-	0.02	Upgrade
Total Assets	3.4	2.98	2.61	1.55	-	4.04	Upgrade
Accounts Payable	-	-	-	0.11	-	0.51	Upgrade
Accrued Expenses	-	-	0.81	2	0.87	-	Upgrade
Short-Term Debt	-	-	-	-	-	0.88	Upgrade
Current Portion of Long-Term Debt	-	-	-	-	-	0.54	Upgrade
Current Income Taxes Payable	0	0	0.02	-	-	-	Upgrade
Other Current Liabilities	-	-	-	-	-	2.24	Upgrade
Total Current Liabilities	0	0	0.83	2.1	0.87	4.18	Upgrade
Long-Term Debt	-	-	-	-	-	0.71	Upgrade
Long-Term Leases	-	-	-	-	-	0.02	Upgrade
Other Long-Term Liabilities	0.94	0.93	-	-	-	-	Upgrade
Total Liabilities	0.95	0.94	0.83	2.1	0.87	4.91	Upgrade
Common Stock	1.21	1	0.01	0.05	0.05	0.05	Upgrade
Additional Paid-In Capital	0.01	0.01	-	9.25	9.25	7.08	Upgrade
Retained Earnings	1.62	1.41	1.39	-9.85	-10.17	-10.17	Upgrade
Comprehensive Income & Other	-0.38	-0.38	0.38	-	-	-	Upgrade
Total Common Equity	2.46	2.04	1.77	-0.56	-0.87	-3.03	Upgrade
Shareholders' Equity	2.46	2.05	1.77	-0.56	-0.87	-0.87	Upgrade
Total Liabilities & Equity	3.4	2.98	2.61	1.55	-	4.04	Upgrade
Total Debt	-	-	-	-	-	2.16	Upgrade
Net Cash (Debt)	0.06	0.07	0.05	0.03	-	-2.16	Upgrade
Net Cash Growth	-	43.66%	54.99%	-	-	-	Upgrade
Net Cash Per Share	0.01	0.01	0.02	-	-	-	Upgrade
Filing Date Shares Outstanding	6.06	5	2.5	1.3	0.01	-	Upgrade
Total Common Shares Outstanding	6.06	5	2.5	0.01	0.01	-	Upgrade
Working Capital	0.82	0.78	0.04	-2.07	-0.87	-2.19	Upgrade
Book Value Per Share	0.41	0.41	0.71	-43.12	-67.62	-	Upgrade
Tangible Book Value	2.46	2.04	1.77	-0.56	-0.87	-3.61	Upgrade
Tangible Book Value Per Share	0.41	0.41	0.71	-43.12	-67.62	-	Upgrade
Buildings	0.1	0.14	0.04	-	-	-	Upgrade
Machinery	2.27	1.75	1.56	0.9	-	-	Upgrade

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