Indocan Resources Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 1996	FY 1995
Period Ending	Sep '97 Sep 30, 1997	Dec '96 Dec 31, 1996	Dec '95 Dec 31, 1995
Cash & Equivalents	-	0.02	0
Cash & Short-Term Investments	-	0.02	0
Cash Growth	-	15234.34%	-
Other Receivables	-	0.27	-
Receivables	-	0.27	-
Total Current Assets	-	0.29	0
Property, Plant & Equipment	-	1.34	0.01
Total Assets	-	1.62	0.01
Accounts Payable	-	0.48	0
Other Current Liabilities	-	0.19	0.01
Total Current Liabilities	-	0.67	0.01
Total Liabilities	-	0.67	0.01
Common Stock	-	1.67	0.08
Retained Earnings	-	-0.72	-0.08
Shareholders' Equity	-	0.95	-0
Total Liabilities & Equity	-	1.62	0.01
Net Cash (Debt)	-	0.02	0
Net Cash Growth	-	15234.34%	-
Net Cash Per Share	-	0.00	-
Filing Date Shares Outstanding	-	23.02	22.52
Total Common Shares Outstanding	-	23.02	22.52
Working Capital	-	-0.39	-0.01
Book Value Per Share	-	0.04	-0.00
Tangible Book Value	-	0.95	-0
Tangible Book Value Per Share	-	0.04	-0.00

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