Axion Power International Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Cash & Equivalents	0.2	1.01	3.44	1.17	2
Cash & Short-Term Investments	0.2	1.01	3.44	1.17	2
Cash Growth	-80.08%	-70.70%	193.92%	-41.67%	0.84%
Accounts Receivable	-	0.01	0.01	0.56	0.77
Receivables	-	0.01	0.01	0.56	0.77
Inventory	-	0.28	1.14	2.25	2.84
Restricted Cash	-	7.15	-	3.78	-
Other Current Assets	0.08	0.38	0.19	0.28	0.19
Total Current Assets	0.28	8.83	4.78	8.04	5.81
Property, Plant & Equipment	0.3	1.77	2.07	6.7	7.96
Other Long-Term Assets	-	-	-	0.03	0.04
Total Assets	0.58	10.6	6.85	14.77	13.81
Accounts Payable	0.3	0.36	0.34	0.42	0.58
Accrued Expenses	0.27	0.09	0.02	0.05	-
Short-Term Debt	4.02	7.09	-	2.05	-
Current Portion of Long-Term Debt	0.1	0.44	0.17	0.69	0.11
Other Current Liabilities	3.46	0.79	0.29	0.35	0.31
Total Current Liabilities	8.14	8.77	0.81	3.56	1
Long-Term Debt	-	-	0.1	0.22	0.33
Long-Term Unearned Revenue	-	-	0.06	0.92	1.26
Other Long-Term Liabilities	-	2.15	2.93	0.52	0
Total Liabilities	8.14	10.92	3.91	5.22	2.6
Common Stock	0.48	0	0	0.02	0.01
Additional Paid-In Capital	125.41	122.58	118.45	106.3	96.01
Retained Earnings	-133.2	-122.65	-115.26	-96.52	-84.56
Comprehensive Income & Other	-0.25	-0.25	-0.25	-0.25	-0.25
Total Common Equity	-7.57	-0.32	2.94	9.55	11.22
Shareholders' Equity	-7.57	-0.32	2.94	9.55	11.22
Total Liabilities & Equity	0.58	10.6	6.85	14.77	13.81
Total Debt	4.11	7.52	0.27	2.96	0.45
Net Cash (Debt)	-3.91	-6.52	3.16	-1.79	1.56
Net Cash Growth	-	-	-	-	8.03%
Net Cash Per Share	-0.16	-	-	-	-
Filing Date Shares Outstanding	95.95	-	-	-	-
Total Common Shares Outstanding	95.95	-	-	-	-
Working Capital	-7.87	0.06	3.96	4.48	4.81
Book Value Per Share	-0.08	-	-	-	-
Tangible Book Value	-7.57	-0.32	2.94	9.55	11.22
Tangible Book Value Per Share	-0.08	-	-	-	-
Machinery	2.67	3.85	3.85	11.32	11.19
Construction In Progress	-	-	-	0.43	0.48
Leasehold Improvements	-	-	-	0.53	0.38

Updated Nov 15, 2016. Source: S&P Global Market Intelligence. Standard template. Financial Sources.