China Industrial Waste Management, Inc. (CIWT)

CIWT Balance Sheet

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

Fiscal Year	TTM	FY 2010	FY 2009	FY 2008	FY 2007	FY 2006
Period Ending	Jun 30, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007	Dec 31, 2006
Cash & Equivalents	7.11	8.16	11.42	5.71	3.26	6.48
Cash & Short-Term Investments	7.11	8.16	11.42	5.71	3.26	6.48
Cash Growth	47.24%	-28.51%	99.96%	75.16%	-49.68%	120.06%
Accounts Receivable	6.64	5.82	3.2	2.41	0.59	0.15
Other Receivables	3.22	0.36	0.09	0.11	0.02	0.13
Receivables	9.99	6.47	3.3	2.52	0.62	0.28
Inventory	7	4.65	2.09	2.38	1.33	0.6
Prepaid Expenses	-	-	-	-	0.04	-
Other Current Assets	1.94	1.84	0.82	0.57	0.39	0.39
Total Current Assets	26.17	21.18	17.61	11.18	5.64	7.76
Property, Plant & Equipment	49.88	51.03	41.44	28.39	10.05	3.27
Long-Term Investments	0.15	0.15	0.38	0.07	2.63	-
Other Intangible Assets	2.04	6.26	6.1	1.82	1.73	1.52
Long-Term Accounts Receivable	0.78	-	-	-	0.39	0.37
Long-Term Deferred Tax Assets	0.68	0.5	0.38	-	-	-
Other Long-Term Assets	1.72	3.1	1.17	1.14	0.08	0.01
Total Assets	81.43	82.23	67.32	42.6	20.53	12.93
Accounts Payable	3.4	2.46	0.42	0.78	0.28	0.09
Accrued Expenses	0.42	0.8	0.3	0.36	0.01	0.02
Short-Term Debt	4.09	3.42	7.12	3.65	1.37	-
Current Portion of Long-Term Debt	2.96	2.32	2.25	-	-	-
Current Income Taxes Payable	0.5	0.51	0.2	0.22	0.09	0.01
Current Unearned Revenue	0.88	0.39	0.96	0.97	0.67	0.46
Other Current Liabilities	3.6	4.52	4.71	5.58	0.88	0.76
Total Current Liabilities	15.85	14.43	15.96	11.55	3.3	1.33
Long-Term Debt	17.05	17.96	13.76	-	-	-
Long-Term Unearned Revenue	4.57	7.67	2.46	1.17	0.62	-
Other Long-Term Liabilities	0.6	0.57	0.61	0.5	0.44	0.38
Total Liabilities	38.06	40.64	32.79	13.23	4.36	1.71
Common Stock	0.02	0.02	0.02	0.02	0.01	0.01
Additional Paid-In Capital	10.46	7.6	7.16	5.64	1.97	1.95
Retained Earnings	21.49	21.99	17.49	15.53	10.78	7.09
Comprehensive Income & Other	4.07	2.7	1.44	2.26	1.15	0.38
Total Common Equity	36.03	32.31	26.11	23.45	13.91	9.44
Minority Interest	7.34	9.28	8.42	5.91	2.26	1.79
Shareholders' Equity	43.37	41.58	34.53	29.37	16.17	11.22
Total Liabilities & Equity	81.43	82.23	67.32	42.6	20.53	12.93
Total Debt	24.1	23.71	23.12	3.65	1.37	-
Net Cash (Debt)	-16.99	-15.55	-11.7	2.06	1.89	6.48
Net Cash Growth	-	-	-	8.98%	-70.81%	120.06%
Net Cash Per Share	-1.11	-1.01	-0.72	0.15	0.14	0.49
Filing Date Shares Outstanding	15.34	15.34	15.27	15.26	13.22	13.22
Total Common Shares Outstanding	15.34	15.34	15.27	15.26	13.22	13.22
Working Capital	10.33	6.75	1.66	-0.38	2.35	6.43
Book Value Per Share	2.35	2.11	1.71	1.54	1.05	0.71
Tangible Book Value	33.99	26.04	20.01	21.64	12.18	7.91
Tangible Book Value Per Share	2.22	1.70	1.31	1.42	0.92	0.60
Land	-	-	-	-	2.31	2.16
Buildings	16.57	16.23	14.76	9.98	-	-
Machinery	26.27	22.53	21.46	8.39	2.39	2.06
Construction In Progress	14.71	18.64	9.12	12.89	7.41	0.55

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