| Balance Sheet for Northern Dynasty Minerals Ltd (NAK) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 40,619 | 80,423 | 11,135 | 10,398 | 2,672 | | Marketable Securities | 13 | - | 313 | 303 | - | | Receivables | 1,034 | 3,796 | 744 | 345 | 178 | | Inventories | - | - | - | - | - | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 41,667 | 84,219 | 12,192 | 11,046 | 2,849 | | | Gross Fixed Assets | 170,477 | 145,187 | 14,856 | 10,210 | 24 | | Accumulated Depreciation | (416) | (242) | (136) | (54) | (15) | | Net Fixed Assets | 170,061 | 144,945 | 14,720 | 10,156 | 9 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | - | - | - | - | - | | Total Non-Current Assets | 170,061 | 144,945 | 14,720 | 10,156 | 9 | | Total Assets | 211,728 | 229,165 | 26,911 | 21,202 | 2,859 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 7,659 | 6,729 | 2,718 | 2,521 | 113 | | Short Term Debt | - | - | - | - | - | | Other Current Liabilities | 21 | - | - | - | 221 | | Total Current Liabilities | 7,681 | 6,729 | 2,718 | 2,521 | 334 | | | Long Term Debt | - | - | - | - | - | | Deferred Income Tax | 58,185 | 52,878 | - | - | - | | Other Non-Current Liabilities | - | - | - | - | - | | Minority Interest | 35,797 | - | - | - | - | | Total Non-Current Liabilities | 93,982 | 52,878 | - | - | - | | Total Liabilities | 101,662 | 59,608 | 2,718 | 2,521 | 334 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 110,065 | 169,557 | 24,193 | 18,681 | 2,525 | | Total Equity | 110,065 | 169,557 | 24,193 | 18,681 | 2,525 | | Total Liabilities & Stock Equity | 211,727 | 229,165 | 26,911 | 21,202 | 2,859 | | | |
