Silverstar Holdings Ltd. (SSTRF)

Silverstar Holdings Balance Sheet

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2008	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Dec 31, 2008	Jun 30, 2008	Jun 30, 2007	Jun 30, 2006	Jun 30, 2005	Jun 30, 2004
Cash & Equivalents	0.42	1.23	3.1	9.08	4.8	0.91
Cash & Short-Term Investments	0.42	1.23	3.1	9.08	4.8	0.91
Cash Growth	-83.17%	-60.38%	-65.82%	89.14%	424.83%	16.96%
Accounts Receivable	1.64	2.23	6.91	0.64	0.09	0
Receivables	1.71	2.45	7.17	0.8	0.21	0.14
Inventory	0.71	0.45	0.9	0.06	-	-
Prepaid Expenses	0.65	0.36	0.67	0.29	0.17	0.06
Restricted Cash	0.57	1.66	1.66	2.93	0.07	0.32
Other Current Assets	-	0.08	0.51	-	0.38	-
Total Current Assets	4.06	6.23	14	13.16	5.63	1.43
Property, Plant & Equipment	0.28	0.4	0.49	0.08	0.1	0.05
Long-Term Investments	1.13	1.13	1.14	1.14	0.84	0.84
Goodwill	-	-	0.89	0.84	0.77	2.95
Other Intangible Assets	8.5	13.78	25.79	1.41	1.23	0.01
Long-Term Deferred Tax Assets	-	-	0.63	-	-	-
Long-Term Deferred Charges	0.6	0.86	0.63	0.44	0.02	0
Other Long-Term Assets	-	-	-	-	2.97	-
Total Assets	14.57	22.41	43.79	17.54	14.7	13.27
Accounts Payable	2.91	5.04	6.96	0.3	0.34	0.23
Accrued Expenses	3.44	4.57	6.29	0.95	0.35	0.36
Short-Term Debt	2.78	2.03	12.2	0.65	-	0.31
Current Portion of Long-Term Debt	-	-	-	1.08	0.22	0.02
Current Income Taxes Payable	0.24	0.28	0.62	0.6	-	-
Current Unearned Revenue	-	-	-	-	-	0.69
Other Current Liabilities	-	-	0.63	-	1.07	-
Total Current Liabilities	9.37	11.91	26.7	3.59	1.99	1.61
Long-Term Debt	7.57	7.35	4.79	2.32	0.15	0.01
Other Long-Term Liabilities	0.39	0.42	0.41	0.23	0.27	0.22
Total Liabilities	17.32	19.69	31.9	6.14	2.41	1.84
Common Stock	0.2	0.2	0.11	0.09	0.09	0.09
Additional Paid-In Capital	83.69	83.3	67.84	65.57	64.6	63.9
Retained Earnings	-85.41	-81.28	-56.8	-54.39	-52.41	-52.57
Comprehensive Income & Other	-1.24	0.5	0.73	0.13	0.01	-
Total Common Equity	-2.75	2.72	11.88	11.4	12.29	11.42
Shareholders' Equity	-2.75	2.72	11.88	11.4	12.29	11.42
Total Liabilities & Equity	14.57	22.41	43.79	17.54	14.7	13.27
Total Debt	10.35	9.38	16.99	4.05	0.37	0.34
Net Cash (Debt)	-9.93	-8.15	-13.89	5.03	4.43	0.57
Net Cash Growth	-	-	-	13.59%	671.91%	14.22%
Net Cash Per Share	-0.50	-0.44	-1.43	0.55	0.48	0.06
Filing Date Shares Outstanding	20.2	20.09	18.13	9.14	9.06	8.69
Total Common Shares Outstanding	20.13	18.46	8.96	9.15	9.07	8.7
Working Capital	-5.31	-5.68	-12.7	9.57	3.64	-0.18
Book Value Per Share	-0.14	0.15	1.33	1.25	1.36	1.31
Tangible Book Value	-11.25	-11.06	-14.8	9.15	10.29	8.46
Tangible Book Value Per Share	-0.56	-0.60	-1.65	1.00	1.13	0.97
Machinery	-	3.22	3.24	0.14	0.16	0.24
Leasehold Improvements	-	0.02	0.24	-	-	-

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