| Balance Sheet for Deer Valley Corp. (DVLY) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 4,778 | 7,431 | 0 | 66 | 2 | | Marketable Securities | - | - | - | - | - | | Receivables | 5,098 | 2,175 | - | 15 | 65 | | Inventories | 1,949 | 1,298 | - | - | - | | Other Current Assets | - | 17 | - | - | - | | Total Current Assets | 12,877 | 11,767 | 0 | 89 | 69 | | | Gross Fixed Assets | 3,524 | 3,395 | - | 58 | 53 | | Accumulated Depreciation | (445) | (188) | - | (54) | (50) | | Net Fixed Assets | 3,079 | 3,207 | - | 4 | 3 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 149 | 140 | - | 62 | 1,326 | | Total Non-Current Assets | 10,485 | 9,069 | - | 66 | 1,329 | | Total Assets | 23,362 | 20,836 | 0 | 155 | 1,399 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 1,100 | 780 | 48 | 92 | 134 | | Short Term Debt | 81 | 1,308 | - | - | - | | Other Current Liabilities | 85 | 307 | - | - | - | | Total Current Liabilities | 7,983 | 7,265 | 139 | 213 | 249 | | | Long Term Debt | 1,807 | 3,121 | - | - | - | | Deferred Income Tax | 502 | - | - | - | - | | Other Non-Current Liabilities | 681 | - | - | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 2,991 | 3,121 | - | - | - | | Total Liabilities | 10,974 | 10,386 | 139 | 213 | 249 | | | Preferred Stock Equity | 6,308 | 6,583 | - | - | - | | Common Stock Equity | 6,080 | 3,867 | (139) | (57) | 1,150 | | Total Equity | 12,388 | 10,450 | (139) | (57) | 1,150 | | Total Liabilities & Stock Equity | 23,362 | 20,836 | 0 | 155 | 1,399 | | | |
