Environmental Power Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2009	FY 2008	FY 2007	FY 2006	FY 2005
Period Ending	Dec '09 Dec 31, 2009	Dec '08 Dec 31, 2008	Dec '07 Dec 31, 2007	Dec '06 Dec 31, 2006	Dec '05 Dec 31, 2005
Cash & Equivalents	0.66	3.16	26.07	13.79	14.84
Short-Term Investments	-	-	0.03	0.01	0.01
Accounts Receivable	0.53	0.37	0.74	0.33	9.92
Other Receivables	-	-	-	-	0.98
Inventory	-	-	-	-	1.32
Prepaid Expenses	0.21	0.05	0.1	0.07	0.19
Restricted Cash	1.79	104.58	45.78	52.24	2.31
Other Current Assets	0.09	0.01	-	-	-
Total Current Assets	3.29	108.17	91.31	83.93	29.58
Property, Plant & Equipment	34.15	44.03	27.9	14.39	1.27
Goodwill	-	-	4.91	4.91	4.91
Other Intangible Assets	2.14	2.33	2.51	2.7	4.45
Long-Term Loans Receivable	1.51	1.61	1.84	1.92	2.36
Long-Term Deferred Charges	0.93	5.12	2.56	2.66	-
Long-Term Accounts Receivable	-	-	-	-	77.58
Other Long-Term Assets	0.71	0.75	0.59	0.02	0.28
Total Assets	42.75	162.01	199.97	185.87	120.43
Accounts Payable	2.04	1.63	0.35	1.03	6.95
Accrued Expenses	1.95	2.03	1.49	1.54	3.65
Current Portion of Long-Term Debt	46.46	-	-	-	-
Current Unearned Revenue	-	-	-	-	0.46
Other Current Liabilities	1.33	0.67	22.07	14.93	-
Total Current Liabilities	51.79	4.32	23.91	17.5	11.06
Long-Term Debt	0	129.48	60.45	60.72	2.86
Long-Term Unearned Revenue	-	-	-	-	3.24
Other Long-Term Liabilities	0.28	0.34	72.34	78.97	77.58
Total Liabilities	52.07	134.14	156.7	157.19	94.73
Total Preferred Equity	10.16	10.16	10.16	10.16	-
Common Stock	0.16	0.16	0.16	0.1	0.1
Additional Paid-In Capital	86.51	89.99	88.04	54.64	41.45
Retained Earnings	-105.12	-71.4	-54.05	-35.19	-16.75
Treasury Stock	-0.39	-0.39	-0.39	-0.39	-0.39
Comprehensive Income & Other	-0.64	-0.64	-0.64	-0.64	1.28
Total Common Equity	-19.48	17.72	33.12	18.52	25.7
Minority Interest	0	0	0	0	0
Shareholders' Equity	-9.32	27.87	43.27	28.68	25.7
Total Liabilities & Equity	42.75	162.01	199.97	185.87	120.43
Total Debt	46.47	129.48	60.45	60.72	2.86
Net Cash (Debt)	-45.8	-126.32	-34.36	-46.91	11.99
Net Cash Per Share	-2.94	-8.11	-3.03	-4.87	1.62
Filing Date Shares Outstanding	15.59	15.58	15.58	9.65	9.73
Total Common Shares Outstanding	15.59	15.58	15.58	9.65	9.54
Working Capital	-48.49	103.85	67.41	66.43	18.52
Book Value Per Share	-1.25	1.14	2.13	1.92	2.69
Tangible Book Value	-21.62	15.39	25.69	10.91	16.33
Tangible Book Value Per Share	-1.39	0.99	1.65	1.13	1.71
Machinery	27.88	25.34	0.64	0.59	1.56
Construction In Progress	9.03	20.1	27.64	14.07	0.83

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