| Balance Sheet for Pacific Ethanol Inc. (PEIX) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | | | Cash and Equivalents | 5,707 | 44,053 | 4,521 | 188 | | Marketable Securities | 19,353 | 39,119 | 2,750 | - | | Receivables | 28,034 | 29,322 | 5,084 | 139 | | Inventories | 21,578 | 9,624 | 363 | - | | Other Current Assets | 5,243 | 2,307 | 86 | 3,228 | | Total Current Assets | 82,193 | 127,045 | 14,780 | 3,955 | | | Gross Fixed Assets | 486,556 | 198,667 | 23,208 | 756 | | Accumulated Depreciation | (17,852) | (2,511) | - | (670) | | Net Fixed Assets | 468,704 | 196,156 | 23,208 | 86 | | Intangibles | 6,324 | 10,155 | 10,134 | - | | Other Non-Current Assets | 6,211 | 35,157 | 62 | 4 | | Total Non-Current Assets | 569,407 | 326,775 | 33,405 | 91 | | Total Assets | 651,600 | 453,820 | 48,185 | 4,045 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | | | Accounts Payable | 77,844 | 15,367 | 11,167 | 55 | | Short Term Debt | - | - | 1,200 | - | | Other Current Liabilities | 19,567 | - | - | - | | Total Current Liabilities | 120,079 | 30,594 | 17,674 | 472 | | | Long Term Debt | 151,188 | 28,970 | 1,996 | - | | Deferred Income Tax | 1,965 | 1,091 | - | - | | Other Non-Current Liabilities | - | 357 | - | - | | Minority Interest | 96,082 | 94,363 | - | - | | Total Non-Current Liabilities | 249,235 | 124,781 | 1,996 | - | | Total Liabilities | 369,314 | 155,375 | 19,669 | 472 | | | Preferred Stock Equity | 5 | 5 | - | - | | Common Stock Equity | 282,281 | 298,440 | 28,515 | 3,573 | | Total Equity | 282,286 | 298,445 | 28,515 | 3,573 | | Total Liabilities & Stock Equity | 651,600 | 453,820 | 48,185 | 4,045 | | | |
