| Balance Sheet for Chesapeake Energy Corp. (CHK) | | | | | | | Assets | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 1 | 3 | 60 | 7 | 41 | | Marketable Securities | - | 225 | - | - | - | | Receivables | 1,074 | 845 | 791 | 459 | 243 | | Inventories | 87 | 82 | 87 | 32 | 19 | | Other Current Assets | 233 | - | 11 | 51 | 3 | | Total Current Assets | 1,396 | 1,154 | 1,183 | 568 | 342 | | | Gross Fixed Assets | 35,744 | 27,396 | 18,486 | 10,587 | 6,675 | | Accumulated Depreciation | (7,407) | (5,492) | (4,074) | (3,143) | (2,542) | | Net Fixed Assets | 28,337 | 21,904 | 14,412 | 7,444 | 4,133 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 1,001 | 1,359 | 523 | 233 | 97 | | Total Non-Current Assets | 29,338 | 23,263 | 14,935 | 7,677 | 4,230 | | Total Assets | 30,734 | 24,417 | 16,118 | 8,245 | 4,572 | | | Liabilities | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 1,262 | 860 | 517 | 367 | 164 | | Short Term Debt | - | - | - | 91 | 93 | | Other Current Liabilities | 607 | 430 | 972 | 439 | 210 | | Total Current Liabilities | 2,761 | 1,890 | 1,964 | 964 | 513 | | | Long Term Debt | 10,950 | 7,376 | 5,490 | 3,075 | 2,058 | | Deferred Income Tax | 3,966 | 3,317 | 1,805 | 934 | - | | Other Non-Current Liabilities | 927 | 583 | 685 | 109 | 269 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 15,843 | 11,276 | 7,980 | 4,118 | 2,326 | | Total Liabilities | 18,604 | 13,166 | 9,944 | 5,082 | 2,839 | | | Preferred Stock Equity | 960 | 1,958 | 1,577 | 491 | 552 | | Common Stock Equity | 11,170 | 9,293 | 4,598 | 2,672 | 1,180 | | Total Equity | 12,130 | 11,251 | 6,174 | 3,163 | 1,733 | | Total Liabilities & Stock Equity | 30,734 | 24,417 | 16,118 | 8,245 | 4,572 | | | |