| Balance Sheet for MannKind Corp. (MNKD) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 368,285 | 319,555 | 56,037 | 78,987 | 54,120 | | Marketable Securities | - | 116,924 | 89,597 | 11,546 | 1,825 | | Receivables | 831 | 2,418 | 1,194 | 1,500 | - | | Inventories | - | - | - | - | - | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 378,712 | 449,547 | 149,872 | 95,881 | 57,804 | | | Gross Fixed Assets | 203,409 | 121,474 | 101,564 | 85,879 | 80,019 | | Accumulated Depreciation | (40,726) | (33,146) | (25,381) | (19,368) | (12,696) | | Net Fixed Assets | 162,683 | 88,328 | 76,183 | 66,511 | 67,323 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 2,048 | 1,862 | 2,316 | 1,091 | 749 | | Total Non-Current Assets | 164,731 | 90,190 | 78,499 | 67,602 | 68,072 | | Total Assets | 543,443 | 539,737 | 228,371 | 163,483 | 125,876 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 35,463 | 10,715 | 3,547 | 3,477 | 1,926 | | Short Term Debt | - | - | - | - | - | | Other Current Liabilities | 3,521 | 8,054 | - | 1,373 | 1,406 | | Total Current Liabilities | 67,558 | 44,959 | 21,365 | 13,044 | 8,707 | | | Long Term Debt | 111,761 | 111,267 | - | - | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 24 | 24 | 29 | 76 | 404 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 111,785 | 111,291 | 29 | 76 | 5,592 | | Total Liabilities | 179,343 | 156,250 | 21,394 | 13,120 | 14,299 | | | Preferred Stock Equity | - | - | - | - | 46,847 | | Common Stock Equity | 364,100 | 383,487 | 206,977 | 150,363 | 64,730 | | Total Equity | 364,100 | 383,487 | 206,977 | 150,363 | 111,577 | | Total Liabilities & Stock Equity | 543,443 | 539,737 | 228,371 | 163,483 | 125,876 | | | |