Avoca LLC (AVOA)

Avoca LLC Balance Sheet

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

Fiscal Year	TTM	FY 2003	FY 2002	FY 2001	FY 2000	FY 1999
Period Ending	Sep 30, 2004	Dec 31, 2003	Dec 31, 2002	Dec 31, 2001	Dec 31, 2000	Dec 31, 1999
Cash & Equivalents	2.29	0.89	1.18	1.1	0.53	0.76
Short-Term Investments	1.5	2.47	1.72	2.31	2.34	0.92
Cash & Short-Term Investments	3.79	3.36	2.9	3.42	2.87	1.68
Cash Growth	49.31%	15.74%	-14.96%	19.05%	70.35%	-14.84%
Accounts Receivable	0.4	0.33	0.13	0.25	0.16	0.1
Other Receivables	0.03	0.01	0.03	0.05	0.08	0.05
Receivables	0.42	0.34	0.17	0.3	0.24	0.15
Prepaid Expenses	0.15	0.01	0.01	0.01	0.01	0.01
Total Current Assets	4.36	3.72	3.09	3.72	3.12	1.84
Property, Plant & Equipment	0.07	0.08	0.09	0.06	0.07	0.07
Long-Term Investments	1.63	1.87	1.32	1.39	0.73	1.28
Total Assets	6.06	5.67	4.49	5.18	3.91	3.2
Accounts Payable	0.03	0.01	0.02	0.01	0.02	0.02
Current Income Taxes Payable	0.12	-	-	0.01	-	-
Other Current Liabilities	-	2.37	1.45	2.33	1.29	0.71
Total Current Liabilities	0.15	2.38	1.47	2.34	1.31	0.72
Long-Term Deferred Tax Liabilities	0.01	0.01	0.02	0.01	0.01	0.01
Total Liabilities	0.16	2.39	1.49	2.35	1.32	0.74
Common Stock	0.09	0.09	0.09	0.09	0.09	0.09
Retained Earnings	5.81	3.18	2.91	2.73	2.49	2.37
Shareholders' Equity	5.9	3.28	3	2.82	2.59	2.46
Total Liabilities & Equity	6.06	5.67	4.49	5.18	3.91	3.2
Net Cash (Debt)	3.79	3.36	2.9	3.42	2.87	1.68
Net Cash Growth	49.31%	15.74%	-14.96%	19.05%	70.35%	-14.84%
Working Capital	4.22	1.34	1.61	1.38	1.81	1.12
Tangible Book Value	5.9	3.28	3	2.82	2.59	2.46
Machinery	-	-	-	-	0.68	0.68

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