Bolivar Mining Balance Sheet

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

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2006	FY 2005	FY 2004	FY 2003	FY 2002
Period Ending	Jul '06 Jul 31, 2006	Jan '06 Jan 31, 2006	Jan '05 Jan 31, 2005	Jan '04 Jan 31, 2004	Jan '03 Jan 31, 2003	Jan '02 Jan 31, 2002
Cash & Equivalents	0	-	0	0.02	0.06	0.02
Cash & Short-Term Investments	0	-	0	0.02	0.06	0.02
Cash Growth	-	-	-98.97%	-71.61%	309.73%	99.26%
Accounts Receivable	0.35	-	-	-	0.03	0.21
Other Receivables	-	-	-	0.11	-	-
Receivables	0.35	-	-	0.35	0.03	0.21
Inventory	0.25	-	-	-	0.23	0.22
Prepaid Expenses	0.01	-	-	-	-	-
Total Current Assets	0.62	-	0	0.37	0.32	0.45
Property, Plant & Equipment	0.07	-	-	0.18	0.13	0.05
Goodwill	-	-	-	0.73	-	-
Other Intangible Assets	-	-	-	0.15	-	0.01
Other Long-Term Assets	-	-	-	0	0.51	0
Total Assets	0.69	-	0	1.93	0.95	0.52
Accounts Payable	0.23	0.49	0.34	0.12	0.48	0.13
Accrued Expenses	0.62	-	-	-	-	-
Short-Term Debt	1.33	0.43	1.17	1.48	0.49	0.33
Total Current Liabilities	2.18	0.92	1.51	1.6	0.96	0.46
Total Liabilities	2.18	0.92	1.51	1.6	0.96	0.46
Common Stock	0.03	0.03	0.03	0.02	0.03	0.03
Additional Paid-In Capital	9.25	8.99	8.12	7.4	1.45	1.01
Retained Earnings	-8.63	-7.61	-7.42	-4.86	-1.67	-0.88
Treasury Stock	-2.24	-2.24	-2.24	-2.24	-0.08	-0.1
Comprehensive Income & Other	0.09	-0.1	-	-	-	-
Total Common Equity	-1.49	-0.93	-1.51	0.33	-0.28	0.06
Minority Interest	-	-	-	-	0.02	-
Shareholders' Equity	-1.49	-0.92	-1.51	0.33	-0.01	0.06
Total Liabilities & Equity	0.69	-	0	1.93	0.95	0.52
Total Debt	1.33	0.43	1.17	1.48	0.49	0.33
Net Cash (Debt)	-1.32	-0.43	-1.17	-1.46	-0.42	-0.32
Net Cash Per Share	-6.62	-3.53	-	-	-	-
Filing Date Shares Outstanding	0.17	0.15	-	-	-	-
Total Common Shares Outstanding	0.17	0.15	-	-	-	-
Working Capital	-1.56	-0.92	-1.51	-1.23	-0.64	-0.01
Book Value Per Share	-8.62	-6.29	-	-	-	-
Tangible Book Value	-1.49	-0.93	-1.51	-0.55	-0.28	0.05
Tangible Book Value Per Share	-8.62	-6.29	-	-	-	-
Buildings	-	-	-	-	-	0
Machinery	0.1	-	-	0.21	-	0.06
Leasehold Improvements	-	-	-	-	-	0

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