China Solar & Clean Energy Solutions, Inc. (CSOL)

CSOL 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	Sep 30, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007	Dec 31, 2006
Cash & Equivalents	6.45	5.05	4.98	1.82	5.47	3.21
Short-Term Investments	-	-	-	-	-	0.26
Cash & Short-Term Investments	6.45	5.05	4.98	1.82	5.47	3.47
Cash Growth	121.45%	1.35%	173.53%	-66.69%	57.62%	-38.39%
Accounts Receivable	9.82	10.01	8.07	5.45	7.45	0.87
Other Receivables	1.39	1.5	1.18	5.47	0.89	0.07
Receivables	11.21	11.51	9.25	10.91	8.35	0.94
Inventory	10.48	7.81	4.55	6.49	3.88	0.32
Prepaid Expenses	-	-	-	0.1	0.25	0.06
Other Current Assets	2.42	0.87	0.56	0.41	0.49	1.01
Total Current Assets	31.38	25.98	19.92	19.74	18.43	5.79
Property, Plant & Equipment	13.8	13.71	13.78	13.74	8.82	5.93
Long-Term Investments	4.71	4.34	3.81	-	-	-
Goodwill	2.11	2.03	1.97	2.34	1.79	-
Other Intangible Assets	1.63	1.6	1.59	1.71	1.6	1
Other Long-Term Assets	-	-	-	8.97	-	-
Total Assets	53.63	47.65	41.07	46.5	30.64	12.72
Accounts Payable	3.34	3	1.6	1.15	2.11	0.15
Accrued Expenses	0.55	0.93	0.75	1.22	1.97	0.02
Short-Term Debt	3.58	2.7	1.27	1.58	-	0.02
Current Portion of Long-Term Debt	1.29	1.24	1.17	1.17	-	-
Current Income Taxes Payable	0.67	0.86	1.28	1.41	1.11	-
Current Unearned Revenue	-	-	-	-	0.8	-
Other Current Liabilities	15.68	10.87	8.06	7.6	5.79	0.3
Total Current Liabilities	25.1	19.61	14.12	14.13	11.77	0.49
Long-Term Debt	-	-	0.16	0.29	-	-
Long-Term Deferred Tax Liabilities	-	-	-	0.02	-	-
Other Long-Term Liabilities	-	-	-	4.18	-	-
Total Liabilities	25.1	19.61	14.28	18.61	11.77	0.49
Common Stock	0.02	0.02	0.02	0.01	0.01	0.01
Additional Paid-In Capital	22.61	22.61	22.61	23.07	9.26	5.71
Retained Earnings	2.78	3.5	3.1	2.99	7.53	5.98
Comprehensive Income & Other	2.67	1.49	0.69	1.62	1.13	0.53
Total Common Equity	28.08	27.62	26.42	27.69	17.93	12.23
Minority Interest	0.44	0.43	0.36	0.19	0.94	-
Shareholders' Equity	28.53	28.04	26.78	27.89	18.87	12.23
Total Liabilities & Equity	53.63	47.65	41.07	46.5	30.64	12.72
Total Debt	4.87	3.94	2.59	3.03	-	0.02
Net Cash (Debt)	1.58	1.11	2.39	-1.21	5.47	3.45
Net Cash Growth	-	-53.44%	-	-	58.65%	-37.34%
Net Cash Per Share	0.10	0.07	0.15	-0.10	0.85	0.50
Filing Date Shares Outstanding	15.23	15.23	15.23	13.8	6.21	6.21
Total Common Shares Outstanding	15.23	15.23	15.23	13.8	6.21	6.21
Working Capital	6.28	6.37	5.79	5.61	6.66	5.3
Book Value Per Share	1.84	1.81	1.73	2.01	2.89	1.97
Tangible Book Value	24.34	23.99	22.86	23.64	14.54	11.22
Tangible Book Value Per Share	1.60	1.57	1.50	1.71	2.34	1.81
Buildings	-	14.11	13.66	9.12	5.57	3.53
Machinery	-	3.1	2.82	2.59	2.94	0.23
Construction In Progress	-	-	-	4.26	2.12	2.58

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