Tian'an Pharmaceutical Co., Ltd. (TNPH)

Tian'an Pharmaceutical Balance Sheet

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

Fiscal Year	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Cash & Equivalents	8.23	5.19	3.56	1.65
Cash & Short-Term Investments	8.23	5.19	3.56	1.65
Cash Growth	58.47%	45.76%	115.47%	-
Accounts Receivable	3.02	1.51	0.76	0.45
Other Receivables	0.08	1.02	0.99	1.94
Receivables	3.1	2.53	1.75	2.39
Inventory	0.74	0.61	0.47	0.16
Prepaid Expenses	0.06	0.06	0.06	0.1
Other Current Assets	0	-	-	-
Total Current Assets	12.14	8.39	5.84	4.3
Property, Plant & Equipment	1.22	1.24	1.28	0.31
Other Intangible Assets	1.16	1.45	1.76	1.23
Other Long-Term Assets	0.87	-	0.31	-
Total Assets	15.38	11.08	9.19	5.84
Accounts Payable	0.18	0.38	0.22	0.28
Accrued Expenses	0.3	0.08	0.08	0.01
Current Income Taxes Payable	0.21	0.13	0.22	0.01
Other Current Liabilities	0.17	-	-	-
Total Current Liabilities	0.85	0.58	0.51	0.3
Total Liabilities	0.85	0.58	0.51	0.3
Common Stock	0.01	0.01	0.01	5.45
Additional Paid-In Capital	7.29	7.29	7.29	-
Retained Earnings	5.82	2.67	1.15	0.09
Comprehensive Income & Other	1.31	0.43	0.13	-
Total Common Equity	14.43	10.4	8.58	5.54
Minority Interest	0.1	0.1	0.1	-
Shareholders' Equity	14.53	10.5	8.68	5.54
Total Liabilities & Equity	15.38	11.08	9.19	5.84
Net Cash (Debt)	8.23	5.19	3.56	1.65
Net Cash Growth	58.47%	45.76%	115.47%	-
Net Cash Per Share	0.59	0.37	0.25	0.12
Filing Date Shares Outstanding	13.99	13.99	13.99	5.45
Total Common Shares Outstanding	13.94	13.99	13.99	5.45
Working Capital	11.28	7.81	5.33	4
Book Value Per Share	1.03	0.74	0.61	1.02
Tangible Book Value	13.27	8.95	6.82	4.31
Tangible Book Value Per Share	0.95	0.64	0.49	0.79
Buildings	0.66	0.74	0.71	-
Machinery	0.77	0.71	0.67	0.33
Leasehold Improvements	0.13	0.12	0.12	-

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