Trophy Resources, Inc. (TRSI)

Trophy Resources Balance Sheet

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

Fiscal Year	TTM	FY 2003	FY 2002	FY 2001	FY 2000	FY 1999
Period Ending	Apr 30, 2004	Jul 31, 2003	Jul 31, 2002	Jul 31, 2001	Jul 31, 2000	Jul 31, 1999
Cash & Equivalents	0.02	0.02	-	0	0.15	0.2
Cash & Short-Term Investments	0.02	0.02	-	0	0.15	0.2
Cash Growth	54.74%	-	-	-99.98%	-23.99%	372.04%
Accounts Receivable	0.53	0.32	-	-	0.02	0.01
Other Receivables	0.01	0.01	-	-	-	-
Receivables	0.54	0.33	-	-	0.2	0.01
Inventory	0.4	0.02	-	-	-	-
Prepaid Expenses	0.07	0.12	-	-	0	-
Other Current Assets	-	-	-	0.02	-	-
Total Current Assets	1.03	0.48	-	0.02	0.36	0.22
Property, Plant & Equipment	0.35	0.42	-	-	0.09	0.1
Other Intangible Assets	-	-	-	0.3	0.64	0.98
Other Long-Term Assets	-	-	-	0.05	-	-
Total Assets	1.38	0.89	-	0.37	1.08	1.29
Accounts Payable	1.38	0.7	0.27	0.08	0.14	0.15
Short-Term Debt	0.32	0.22	-	-	0.04	0.04
Current Portion of Long-Term Debt	0.14	0.11	-	-	-	-
Current Portion of Leases	0.1	0.12	-	-	-	-
Other Current Liabilities	0.12	0.18	0.26	0.39	0.01	0.07
Total Current Liabilities	2.06	1.33	0.52	0.47	0.19	0.25
Long-Term Debt	0.54	0.54	-	-	-	-
Long-Term Leases	-	0.02	-	-	-	-
Total Liabilities	2.6	1.89	0.52	0.47	0.19	0.25
Common Stock	0.05	0.02	1.17	1.16	1.14	1.14
Additional Paid-In Capital	18.92	17.69	12.92	11.86	11.33	7.05
Retained Earnings	-20.03	-18.52	-14.24	-13.07	-11.57	-7.03
Comprehensive Income & Other	-0.15	-0.19	-0.38	-0.04	-0.01	-0.12
Shareholders' Equity	-1.22	-1	-0.52	-0.1	0.89	1.04
Total Liabilities & Equity	1.38	0.89	-	0.37	1.08	1.29
Total Debt	1.09	1.01	-	-	0.04	0.04
Net Cash (Debt)	-1.07	-0.99	-	0	0.12	0.17
Net Cash Growth	-	-	-	-99.98%	-29.40%	2119.98%
Working Capital	-1.03	-0.85	-0.52	-0.45	0.17	-0.03
Tangible Book Value	-1.22	-1	-0.52	-0.4	0.26	0.07
Buildings	-	0.03	-	-	-	-
Machinery	-	0.48	-	-	-	-
Leasehold Improvements	-	0.03	-	-	-	-

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