Valentine Mark Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2011	FY 2010	FY 2009	FY 2008	FY 2007
Period Ending	Mar '12 Mar 31, 2012	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009	Dec '08 Dec 31, 2008	Dec '07 Dec 31, 2007
Cash & Equivalents	0.09	0.03	0.11	0.1	0.24	0.22
Cash & Short-Term Investments	0.09	0.03	0.11	0.1	0.24	0.22
Cash Growth	26.04%	-74.76%	6.56%	-57.60%	8.48%	175.20%
Receivables	0.1	0.13	0.36	0.47	0.06	0.25
Total Current Assets	0.19	0.16	0.47	0.57	0.29	0.47
Property, Plant & Equipment	-	-	-	0.01	0.01	0.01
Goodwill	29.51	29.51	29.51	29.83	28.15	28.08
Long-Term Deferred Charges	-	-	-	0.33	1.26	0.69
Other Long-Term Assets	0	0	0	0.82	0.09	0
Total Assets	29.72	29.68	30	31.56	29.8	29.25
Accounts Payable	0.39	0.38	0.39	0.29	0.29	0.23
Accrued Expenses	0.52	0.58	0.62	0.31	0.04	0.13
Short-Term Debt	-	0.06	0.1	0.07	0.12	0.08
Current Income Taxes Payable	-	-	-	0.52	0.21	0
Other Current Liabilities	-	-	-	-	-	0.09
Total Current Liabilities	0.91	1.02	1.11	1.2	0.65	0.53
Long-Term Debt	-	-	-	-	0.89	0.56
Total Liabilities	0.91	1.02	1.11	1.2	1.54	1.09
Common Stock	0.09	0.09	0.09	0.09	0.06	0.06
Additional Paid-In Capital	29.53	29.53	29.53	29.13	27.55	27.55
Retained Earnings	-0.82	-0.96	-0.74	0.79	0.35	0.01
Comprehensive Income & Other	-	-	-	0.32	0.3	0.5
Total Common Equity	28.8	28.66	28.88	30.33	28.26	28.12
Minority Interest	-	-	-	0.03	-	0.05
Shareholders' Equity	28.81	28.67	28.89	30.36	28.26	28.16
Total Liabilities & Equity	29.72	29.68	30	31.56	29.8	29.25
Total Debt	-	0.06	0.1	0.07	1.01	0.64
Net Cash (Debt)	0.09	-0.03	0.01	0.03	-0.77	-0.42
Net Cash Growth	-	-	-64.54%	-	-	-
Net Cash Per Share	0.96	-0.33	0.10	0.36	-12.15	-6.95
Filing Date Shares Outstanding	0.19	0.09	0.09	0.09	0.06	0.06
Total Common Shares Outstanding	0.09	0.09	0.09	0.09	0.06	0.06
Working Capital	-0.72	-0.86	-0.64	-0.63	-0.36	-0.06
Book Value Per Share	306.93	305.45	307.79	341.37	444.35	442.10
Tangible Book Value	-0.71	-0.85	-0.63	0.5	0.11	0.04
Tangible Book Value Per Share	-7.56	-9.04	-6.70	5.58	1.71	0.58

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