| Balance Sheet for Meridian Gold Inc. (MDG) | | | | | | | Assets | in Thousands of Dollars | | | 12/2006 | 12/2005 | 12/2004 | 12/2003 | 12/2002 | | | Cash and Equivalents | 92,800 | 267,600 | 217,800 | 168,307 | 121,851 | | Marketable Securities | - | - | - | - | - | | Receivables | 11,200 | 1,200 | 2,300 | 4,817 | 3,559 | | Inventories | 7,000 | 7,100 | 5,400 | 6,844 | 5,906 | | Other Current Assets | 93,300 | 10,000 | 2,100 | 4,679 | 1,619 | | Total Current Assets | 220,000 | 303,500 | 241,900 | 198,926 | 150,172 | | | Gross Fixed Assets | 941,200 | 727,300 | 711,400 | 700,163 | 751,540 | | Accumulated Depreciation | (665,100) | (637,700) | (82,600) | (64,837) | (202,204) | | Net Fixed Assets | 276,100 | 89,600 | 628,800 | 635,326 | 549,336 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 31,800 | 11,000 | 12,100 | 9,462 | 3,857 | | Total Non-Current Assets | 307,900 | 101,000 | 650,200 | 653,013 | 553,193 | | Total Assets | 527,900 | 404,500 | 892,100 | 851,939 | 703,365 | | | Liabilities | in Thousands of Dollars | | | 12/2006 | 12/2005 | 12/2004 | 12/2003 | 12/2002 | | | Accounts Payable | 20,100 | 13,400 | 8,100 | 6,143 | 7,284 | | Short Term Debt | 600 | - | - | - | - | | Other Current Liabilities | 11,700 | 1,500 | - | 14,680 | - | | Total Current Liabilities | 45,500 | 40,600 | 26,600 | 28,005 | 22,140 | | | Long Term Debt | - | - | - | - | - | | Deferred Income Tax | 17,600 | 12,800 | 188,300 | 194,456 | 159,131 | | Other Non-Current Liabilities | 103,400 | 65,000 | 42,300 | 30,111 | 28,876 | | Minority Interest | 15,300 | - | 1,000 | 1,009 | - | | Total Non-Current Liabilities | 136,300 | 77,800 | 231,600 | 225,576 | 188,007 | | Total Liabilities | 181,800 | 118,400 | 258,200 | 253,581 | 210,147 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 346,100 | 286,100 | 633,900 | 598,358 | 493,218 | | Total Equity | 346,100 | 286,100 | 633,900 | 598,358 | 493,218 | | Total Liabilities & Stock Equity | 527,900 | 404,500 | 892,100 | 851,939 | 703,365 | | | |
