| Balance Sheet for PolyMet Mining Corp (PLM) | | | | | | | Assets | in Thousands of Dollars | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | 01/2004 | | | Cash and Equivalents | 20,084 | 8,897 | 11,671 | 511 | 496 | | Marketable Securities | - | - | - | - | - | | Receivables | 168 | 61 | 41 | 45 | 22 | | Inventories | - | - | - | - | - | | Other Current Assets | 1,445 | - | - | 807 | - | | Total Current Assets | 22,490 | 9,168 | 11,788 | 1,605 | 523 | | | Gross Fixed Assets | 65,085 | 38,177 | 14,253 | 18 | 502 | | Accumulated Depreciation | (66) | (11) | (6) | (2) | (0) | | Net Fixed Assets | 65,019 | 38,166 | 14,247 | 16 | 502 | | Intangibles | - | - | - | - | - | | Other Non-Current Assets | 1,690 | 1,397 | 0 | 730 | 0 | | Total Non-Current Assets | 66,709 | 39,563 | 14,247 | 745 | 502 | | Total Assets | 89,199 | 48,731 | 26,035 | 2,350 | 1,025 | | | Liabilities | in Thousands of Dollars | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | 01/2004 | | | Accounts Payable | 4,266 | 1,518 | 1,717 | 331 | 99 | | Short Term Debt | 1,401 | 2,000 | 1,000 | - | - | | Other Current Liabilities | 265 | - | - | - | - | | Total Current Liabilities | 5,932 | 3,518 | 2,717 | 331 | 99 | | | Long Term Debt | 10,834 | 11,853 | 1,421 | - | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 3,282 | 3,422 | 2,511 | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 14,116 | 15,275 | 3,931 | - | - | | Total Liabilities | 20,048 | 18,793 | 6,649 | 331 | 99 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 69,151 | 29,938 | 19,387 | 2,019 | 926 | | Total Equity | 69,151 | 29,938 | 19,387 | 2,019 | 926 | | Total Liabilities & Stock Equity | 89,199 | 48,731 | 26,035 | 2,350 | 1,025 | | | |
