Carbon Energy Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Jun '20 Jun 30, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015
Cash & Equivalents	1.31	0.9	5.74	1.65	0.86	0.31
Cash & Short-Term Investments	1.31	0.9	5.74	1.65	0.86	0.31
Cash Growth	-71.81%	-84.24%	247.64%	92.31%	181.31%	-73.06%
Accounts Receivable	2.26	14.44	21.44	3.36	4.62	1.86
Other Receivables	-	-	0.52	2.08	-	-
Receivables	2.26	14.44	21.96	5.43	4.62	1.86
Inventory	0.49	2.51	1.15	-	-	-
Prepaid Expenses	1.4	2.5	1.65	0.78	0.31	0.21
Other Current Assets	6.13	5.92	3.52	0.22	-	0.41
Total Current Assets	16.21	26.27	34.01	8.08	5.78	2.79
Property, Plant & Equipment	118.85	269.1	271.43	36.86	35.54	28.46
Long-Term Investments	0.07	0.63	0.6	14.27	0.67	1.03
Other Long-Term Assets	5.15	2.26	4.85	0.8	0.73	0.43
Total Assets	140.27	298.25	310.89	60.01	42.71	32.71
Accounts Payable	3.72	9.88	7.67	3.27	2.32	0.58
Accrued Expenses	4.81	16.15	19.77	5.17	4.18	2.8
Current Portion of Long-Term Debt	1.34	5.79	11.91	-	-	-
Current Portion of Leases	0.7	1.63	-	-	-	-
Other Current Liabilities	3.97	15.28	13.51	2.9	4.53	2.68
Total Current Liabilities	14.54	48.72	52.86	11.35	11.02	6.06
Long-Term Debt	65.35	139.61	147.15	22.14	16.23	3.5
Long-Term Leases	1.18	4.38	-	-	-	-
Other Long-Term Liabilities	5.91	29.32	34.85	10.03	6.49	3.51
Total Liabilities	86.97	222.03	234.86	43.51	33.74	13.07
Common Stock	0.08	0.08	0.08	0.06	1.1	1.08
Additional Paid-In Capital	89.15	85.83	84.61	58.81	56.55	54.39
Retained Earnings	-63.56	-35.84	-36.94	-44.22	-50.54	-38.13
Total Common Equity	25.67	50.07	47.75	14.66	7.11	17.34
Minority Interest	27.63	26.15	28.28	1.84	1.87	2.3
Shareholders' Equity	53.3	76.22	76.04	16.5	8.97	19.64
Total Liabilities & Equity	140.27	298.25	310.89	60.01	42.71	32.71
Total Debt	68.56	151.41	159.06	22.14	16.23	3.5
Net Cash (Debt)	-67.25	-150.5	-153.32	-20.49	-15.37	-3.2
Net Cash Per Share	-34.02	-74.37	-78.23	-12.70	-11.25	-2.40
Filing Date Shares Outstanding	2.08	1.95	1.91	1.5	1.37	1.35
Total Common Shares Outstanding	2.08	1.95	1.91	1.5	1.37	1.35
Working Capital	1.67	-22.45	-18.85	-3.27	-5.24	-3.27
Book Value Per Share	12.36	25.69	24.95	9.76	5.19	12.89
Tangible Book Value	25.67	50.07	47.75	14.66	7.11	17.34
Tangible Book Value Per Share	12.36	25.69	24.95	9.76	5.19	12.89
Machinery	2.61	6.76	6.65	1.76	0.99	0.83

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