Paragon Shipping Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Cash & Equivalents	0.33	-	7.03	31.3	17.68
Short-Term Investments	-	-	0.96	1.62	0.57
Cash & Short-Term Investments	0.33	-	7.99	32.92	18.24
Cash Growth	-	-	-75.74%	80.43%	25.27%
Accounts Receivable	0.03	2.88	7.02	8.54	2.06
Other Receivables	0.05	0.71	2.12	0.75	3.24
Receivables	0.08	3.59	9.14	9.28	9.3
Inventory	-	1.26	2.13	1.15	0.92
Prepaid Expenses	0.09	1.12	0.5	0.55	0.45
Restricted Cash	-	2.5	6.93	0.33	2.43
Other Current Assets	-	13.74	-	-	-
Total Current Assets	0.5	22.2	26.69	44.22	31.33
Property, Plant & Equipment	0.2	74.18	369.96	306.73	298.87
Long-Term Investments	-	-	3.02	11.4	19.99
Long-Term Deferred Charges	-	-	-	2.3	2.6
Other Long-Term Assets	0.02	10.86	56.94	54.9	57.18
Total Assets	0.72	107.24	456.6	419.55	419.97
Accounts Payable	0.54	2.82	2.77	2.54	2.6
Accrued Expenses	2.19	4.7	4.18	2.14	2.19
Current Portion of Long-Term Debt	16.57	97.11	20.58	18.24	15.61
Current Unearned Revenue	-	0.22	0.23	0.74	1.57
Other Current Liabilities	-	47.59	-	-	-
Total Current Liabilities	19.3	152.43	27.76	23.66	21.97
Long-Term Debt	-	-	206.44	163.24	182.48
Total Liabilities	19.3	152.43	234.2	186.9	204.45
Common Stock	0.01	0	0	0.02	0.01
Additional Paid-In Capital	539.03	536.23	535.26	493.8	460.09
Retained Earnings	-557.63	-581.41	-312.71	-260.91	-243.96
Comprehensive Income & Other	-	-	-0.15	-0.26	-0.63
Shareholders' Equity	-18.58	-45.19	222.4	232.65	215.52
Total Liabilities & Equity	0.72	107.24	456.6	419.55	419.97
Total Debt	16.57	97.11	227.03	181.48	198.1
Net Cash (Debt)	-16.24	-97.11	-219.04	-148.56	-179.85
Net Cash Per Share	-138.61	-	-	-	-
Filing Date Shares Outstanding	0.22	-	-	-	-
Total Common Shares Outstanding	0.11	-	-	-	-
Working Capital	-18.8	-130.23	-1.07	20.56	9.36
Book Value Per Share	-171.74	-	-	-	-
Tangible Book Value	-18.58	-45.19	222.4	232.65	215.52
Tangible Book Value Per Share	-171.74	-	-	-	-
Machinery	-	73.93	457.24	376.19	351.61

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