| Balance Sheet for Gold Reserve Inc (GRZ) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 94,681 | 25,375 | 19,370 | 27,179 | 11,332 | | Marketable Securities | 4,988 | 3,310 | 2,985 | 5,529 | 8,450 | | Receivables | - | - | - | - | - | | Inventories | - | - | - | - | - | | Other Current Assets | 653 | 515 | 442 | 350 | 379 | | Total Current Assets | 100,321 | 29,200 | 22,798 | 33,057 | 20,161 | | | Gross Fixed Assets | 130,516 | 75,371 | 59,595 | 54,058 | 47,591 | | Accumulated Depreciation | (1,892) | (1,727) | (1,579) | (1,523) | (1,465) | | Net Fixed Assets | 128,625 | 73,644 | 58,016 | 52,535 | 46,126 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 52,954 | 1,772 | 1,141 | 1,013 | 743 | | Total Non-Current Assets | 181,578 | 75,416 | 59,157 | 53,548 | 46,869 | | Total Assets | 281,899 | 104,616 | 81,955 | 86,606 | 67,030 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 7,719 | 1,915 | 1,188 | 1,308 | 766 | | Short Term Debt | - | - | - | - | - | | Other Current Liabilities | - | - | - | - | - | | Total Current Liabilities | 7,957 | 1,915 | 1,188 | 1,308 | 766 | | | Long Term Debt | 70,306 | - | - | - | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | - | - | - | - | - | | Minority Interest | 2,316 | 1,729 | 1,130 | 1,122 | 1,126 | | Total Non-Current Liabilities | 72,622 | 1,729 | 1,130 | 1,122 | 1,126 | | Total Liabilities | 80,578 | 3,644 | 2,317 | 2,429 | 1,892 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 201,321 | 100,972 | 79,638 | 84,176 | 65,138 | | Total Equity | 201,321 | 100,972 | 79,638 | 84,176 | 65,138 | | Total Liabilities & Stock Equity | 281,899 | 104,616 | 81,955 | 86,606 | 67,030 | | | |
