SES Solar Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2009	FY 2008	FY 2007	FY 2006	FY 2005	2004
Period Ending	Sep '10 Sep 30, 2010	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	2004
Cash & Equivalents	0.15	0.31	0.77	3.43	6.02	0.04	Upgrade
Cash & Short-Term Investments	0.15	0.31	0.77	3.43	6.02	0.04	Upgrade
Cash Growth	-61.94%	-59.34%	-77.67%	-43.01%	17007.38%	-93.77%	Upgrade
Accounts Receivable	0.13	0.01	0.01	0.05	0.01	0.22	Upgrade
Other Receivables	0.1	0.09	0.09	0.08	0.08	0.07	Upgrade
Receivables	0.23	0.1	0.1	0.13	0.09	0.29	Upgrade
Inventory	0.49	3.59	1.67	0.27	0.24	0.22	Upgrade
Other Current Assets	18.25	0.3	0.42	0.64	0.2	0.01	Upgrade
Total Current Assets	19.12	4.31	2.96	4.47	6.55	0.56	Upgrade
Property, Plant & Equipment	0.14	18.59	13.62	9.28	0.34	0.22	Upgrade
Long-Term Deferred Charges	-	-	-	0.18	0.42	-	Upgrade
Other Long-Term Assets	0.48	0.5	0.38	0.4	-	-	Upgrade
Total Assets	19.74	23.4	16.96	14.33	7.31	0.78	Upgrade
Accounts Payable	3.19	3.45	0.53	3.71	0.33	0.39	Upgrade
Short-Term Debt	-	3.1	-	6.15	0.41	0.05	Upgrade
Current Portion of Long-Term Debt	9.22	13.24	9.91	-	-	-	Upgrade
Current Unearned Revenue	-	0.57	1.45	0.51	0.12	0.11	Upgrade
Total Current Liabilities	12.41	20.37	11.88	10.37	0.86	0.55	Upgrade
Long-Term Debt	0.13	1.08	1.8	0.01	0.79	0.74	Upgrade
Total Liabilities	16.7	21.45	13.68	10.37	1.66	1.28	Upgrade
Common Stock	0.07	0.07	0.07	0.07	0.07	0.05	Upgrade
Additional Paid-In Capital	8.05	8.05	8.05	8.05	8.05	0.37	Upgrade
Retained Earnings	-4.55	-5.46	-4.24	-3.77	-2.25	-1.01	Upgrade
Treasury Stock	-0.02	-0.02	-	-	-	-	Upgrade
Comprehensive Income & Other	-0.5	-0.69	-0.6	-0.4	-0.23	0.08	Upgrade
Shareholders' Equity	3.04	1.95	3.28	3.96	5.65	-0.5	Upgrade
Total Liabilities & Equity	19.74	23.4	16.96	14.33	7.31	0.78	Upgrade
Total Debt	9.35	17.43	11.71	6.16	1.2	0.79	Upgrade
Net Cash (Debt)	-9.2	-17.12	-10.94	-2.73	4.81	-0.75	Upgrade
Net Cash Per Share	-0.13	-0.23	-0.15	-0.05	0.16	-0.03	Upgrade
Filing Date Shares Outstanding	72.98	72.98	73.08	73.08	73.08	48.29	Upgrade
Total Common Shares Outstanding	72.98	72.98	73.08	73.08	73.08	48.29	Upgrade
Working Capital	6.71	-16.06	-8.92	-5.89	5.68	0.01	Upgrade
Book Value Per Share	0.04	0.03	0.04	0.05	0.08	-0.01	Upgrade
Tangible Book Value	3.04	1.95	3.28	3.96	5.65	-0.5	Upgrade
Tangible Book Value Per Share	0.04	0.03	0.04	0.05	0.08	-0.01	Upgrade
Buildings	-	18.43	13.45	5.4	0.22	0.08	Upgrade
Machinery	0.69	0.65	0.6	4.22	0.38	0.34	Upgrade

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