Polar Petroleum Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2013	FY 2012
Period Ending	Sep '13 Sep 30, 2013	Mar '13 Mar 31, 2013	Mar '12 Mar 31, 2012
Cash & Equivalents	0	0	-
Cash & Short-Term Investments	0	0	-
Prepaid Expenses	0.02	0.01	-
Total Current Assets	0.02	0.01	-
Property, Plant & Equipment	2.59	1.28	-
Other Intangible Assets	-	0.06	-
Total Assets	2.61	1.35	-
Accounts Payable	0.04	0.03	0
Short-Term Debt	0.06	0.06	0
Current Portion of Long-Term Debt	1.85	0.48	-
Total Current Liabilities	1.99	0.56	0
Long-Term Debt	0.07	0.5	-
Total Liabilities	2.06	1.06	0
Common Stock	0.04	0.04	0.03
Additional Paid-In Capital	1.47	0.67	0.02
Retained Earnings	-0.96	-0.43	-0.05
Shareholders' Equity	0.55	0.29	-0
Total Liabilities & Equity	2.61	1.35	-
Total Debt	1.99	1.04	0
Net Cash (Debt)	-1.98	-1.03	-0
Net Cash Per Share	-0.05	-0.03	-0.00
Filing Date Shares Outstanding	43.99	43.74	33.92
Total Common Shares Outstanding	43.86	43.23	33.92
Working Capital	-1.97	-0.55	-0
Book Value Per Share	0.01	0.01	-0.00
Tangible Book Value	0.55	0.23	-0
Tangible Book Value Per Share	0.01	0.01	-0.00
Machinery	-	0	-

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