Markray Balance Sheet

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

Millions USD. Fiscal year is Mar - Feb.

Fiscal Year	FY 2012	FY 2011	FY 2010
Period Ending	Feb '12 Feb 29, 2012	Feb '11 Feb 28, 2011	Dec '10 Dec 31, 2010
Cash & Equivalents	0.02	0.02	0.01
Cash & Short-Term Investments	0.02	0.02	0.01
Cash Growth	21.77%	84.90%	-
Accounts Receivable	1.33	0.76	0.08
Other Receivables	0.49	0.02	0.51
Receivables	1.82	0.78	0.59
Inventory	1.09	0.33	0.08
Other Current Assets	0.01	-	-
Total Current Assets	2.93	1.13	0.67
Property, Plant & Equipment	436.84	440.64	438.45
Other Intangible Assets	0	0	0
Other Long-Term Assets	0.02	0.02	0.02
Total Assets	439.79	441.79	439.13
Accounts Payable	1.16	0.29	0.62
Short-Term Debt	0.42	0.2	1.15
Other Current Liabilities	0.06	0.03	0.04
Total Current Liabilities	1.64	0.51	1.81
Long-Term Deferred Tax Liabilities	-	-	0.05
Other Long-Term Liabilities	0.12	4	-
Total Liabilities	1.77	4.51	1.86
Common Stock	0.48	0.48	0.2
Additional Paid-In Capital	436.67	436.67	436.96
Retained Earnings	0.87	0.12	0.12
Shareholders' Equity	438.02	437.28	437.28
Total Liabilities & Equity	439.79	441.79	439.13
Total Debt	0.42	0.2	1.15
Net Cash (Debt)	-0.4	-0.18	-1.14
Net Cash Per Share	-0.00	-0.00	-0.01
Filing Date Shares Outstanding	195.24	483.98	152.02
Total Common Shares Outstanding	195.24	483.98	195.3
Working Capital	1.29	0.62	-1.14
Book Value Per Share	2.24	0.90	2.24
Tangible Book Value	438.02	437.28	437.28
Tangible Book Value Per Share	2.24	0.90	2.24