Eastern Goldfields Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2008	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Jun '09 Jun 30, 2009	Dec '08 Dec 31, 2008	Dec '07 Dec 31, 2007	Dec '06 Dec 31, 2006	Dec '05 Dec 31, 2005	Dec '04 Dec 31, 2004
Cash & Equivalents	0.08	0.04	0.36	1.1	0.21	0.03
Cash & Short-Term Investments	0.08	0.04	0.36	1.1	0.21	0.03
Cash Growth	-93.35%	-89.22%	-67.81%	430.79%	656.47%	-
Inventory	0.49	0.36	0.47	0.36	0.45	0.23
Prepaid Expenses	0.54	0.29	0.38	0.22	0.53	0.3
Total Current Assets	1.11	0.69	1.2	1.68	1.18	0.56
Property, Plant & Equipment	28.17	24.42	13.05	8.45	8.4	9.31
Other Long-Term Assets	0.92	0.64	0.52	0.38	0.19	0.2
Total Assets	30.2	25.75	14.77	10.51	9.77	10.06
Accounts Payable	2.31	1.65	1.69	0.91	1.02	1.07
Short-Term Debt	19.43	15.46	0.02	0.01	0.03	4.41
Current Portion of Long-Term Debt	0.3	0.48	0.2	0.09	0.11	0.09
Total Current Liabilities	22.04	17.59	1.91	1.01	1.15	5.57
Long-Term Debt	1.68	1.37	0.64	0.02	0.13	0.21
Other Long-Term Liabilities	0.43	0.35	0.33	0.32	0.19	0.2
Total Liabilities	24.14	19.32	2.88	1.36	1.47	5.98
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	24.16	22.91	21.01	17.82	15.47	9.24
Retained Earnings	-12.66	-11.2	-8.24	-6.83	-6.34	-4.68
Comprehensive Income & Other	-9.91	-6.47	-2.49	-3.25	-1.94	-0.48
Total Common Equity	1.6	5.26	10.3	7.75	7.19	4.08
Minority Interest	4.46	1.18	1.59	1.41	1.11	-
Shareholders' Equity	6.06	6.44	11.89	9.16	8.3	4.08
Total Liabilities & Equity	30.2	25.75	14.77	10.51	9.77	10.06
Total Debt	21.4	17.31	0.86	0.12	0.26	4.71
Net Cash (Debt)	-21.32	-17.27	-0.51	0.98	-0.05	-4.69
Net Cash Per Share	-2.20	-1.84	-0.06	0.12	-0.01	-0.84
Filing Date Shares Outstanding	9.98	9.4	9.38	8.86	5.61	5.61
Total Common Shares Outstanding	9.98	9.38	9.38	8.86	5.61	5.61
Working Capital	-20.92	-16.91	-0.71	0.67	0.03	-5.01
Book Value Per Share	0.16	0.56	1.10	0.87	1.28	0.73
Tangible Book Value	1.6	5.26	10.3	7.75	7.19	4.08
Tangible Book Value Per Share	0.16	0.56	1.10	0.87	1.28	0.73
Land	0.46	0.38	0.09	0.09	8.88	9.18
Machinery	5.58	4.49	2.11	2.05	2.27	2.4

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