| Balance Sheet for Daleco Resources Corp. (DLOV) | | | | | | | Assets | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Cash and Equivalents | 224 | 318 | 1,417 | 266 | 429 | | Marketable Securities | - | 146 | 134 | 133 | 136 | | Receivables | 391 | 394 | 569 | 579 | 424 | | Inventories | - | - | - | - | - | | Other Current Assets | 7 | 9 | 4 | 5 | 5 | | Total Current Assets | 623 | 867 | 2,124 | 1,282 | 1,264 | | | Gross Fixed Assets | 18,077 | 18,096 | 29,789 | 26,760 | 34,527 | | Accumulated Depreciation | (5,267) | (4,895) | (13,454) | (9,642) | (11,096) | | Net Fixed Assets | 12,810 | 13,201 | 16,335 | 17,119 | 23,431 | | Intangibles | 2,550 | 3,127 | 3,705 | 4,863 | - | | Other Non-Current Assets | 718 | 1,406 | 1,581 | 508 | 265 | | Total Non-Current Assets | 16,077 | 17,734 | 21,621 | 22,489 | 23,696 | | Total Assets | 16,700 | 18,601 | 23,745 | 23,772 | 24,960 | | | Liabilities | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Accounts Payable | 2,204 | 1,142 | 810 | 939 | 970 | | Short Term Debt | - | 100 | 1,060 | 1,585 | 5,770 | | Other Current Liabilities | 192 | 86 | - | - | 4,133 | | Total Current Liabilities | 8,106 | 5,308 | 5,321 | 5,701 | 11,075 | | | Long Term Debt | - | 497 | 692 | 305 | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | - | 497 | 692 | 705 | - | | Total Liabilities | 8,106 | 5,804 | 6,012 | 6,406 | 11,075 | | | Preferred Stock Equity | 1 | 2 | 2 | 2 | 3 | | Common Stock Equity | 8,593 | 12,795 | 17,731 | 17,364 | 13,881 | | Total Equity | 8,594 | 12,797 | 17,733 | 17,366 | 13,884 | | Total Liabilities & Stock Equity | 16,700 | 18,601 | 23,745 | 23,772 | 24,960 | | | |
