| Balance Sheet for California Coastal Communities (CALC) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 24,300 | 10,600 | 7,700 | 9,000 | 14,700 | | Marketable Securities | - | 500 | 30,300 | - | - | | Receivables | - | - | - | - | - | | Inventories | 286,400 | 264,800 | 253,600 | - | - | | Other Current Assets | 6,500 | - | - | 240,700 | 183,400 | | Total Current Assets | 367,600 | 325,200 | 293,900 | 250,800 | 198,100 | | | Gross Fixed Assets | - | - | - | - | - | | Accumulated Depreciation | - | - | - | - | - | | Net Fixed Assets | - | - | - | - | - | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | - | 7,100 | 1,100 | - | - | | Total Non-Current Assets | - | 7,100 | 36,500 | - | - | | Total Assets | 367,600 | 332,300 | 330,400 | 250,800 | 198,100 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 12,500 | 13,100 | 17,400 | 15,000 | 6,300 | | Short Term Debt | 48,800 | 44,900 | 57,900 | 47,300 | 10,400 | | Other Current Liabilities | - | - | 7,900 | 9,300 | 12,900 | | Total Current Liabilities | 61,300 | 58,000 | 83,200 | 71,600 | 29,600 | | | Long Term Debt | 197,800 | 143,300 | - | - | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 7,000 | 7,500 | - | - | - | | Minority Interest | - | - | 300 | 300 | 3,900 | | Total Non-Current Liabilities | 204,800 | 150,800 | 300 | 300 | 3,900 | | Total Liabilities | 266,100 | 208,800 | 83,500 | 71,900 | 33,500 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 101,500 | 123,500 | 246,900 | 178,900 | 164,600 | | Total Equity | 101,500 | 123,500 | 246,900 | 178,900 | 164,600 | | Total Liabilities & Stock Equity | 367,600 | 332,300 | 330,400 | 250,800 | 198,100 | | | |
