| Balance Sheet for Santos Ltd. (STOSY) | | | | | | | Assets | in Millions of Dollars | | | 12/2006 | 12/2005 | 12/2004 | 12/2003 | 12/2002 | | | Cash and Equivalents | 125 | 168 | 100 | 84 | 48 | | Marketable Securities | - | - | - | - | - | | Receivables | 383 | 373 | 319 | 129 | 157 | | Inventories | 132 | 106 | 92 | 85 | 70 | | Other Current Assets | 195 | 20 | 2 | - | 14 | | Total Current Assets | 838 | 669 | 528 | 308 | 295 | | | Gross Fixed Assets | 4,592 | 7,786 | 3,151 | 2,762 | 1,866 | | Accumulated Depreciation | (82) | (4,217) | (1,543) | (1,377) | (933) | | Net Fixed Assets | 4,510 | 3,569 | 1,607 | 1,385 | 933 | | Intangibles | - | - | 3 | 6 | 10 | | Other Non-Current Assets | 45 | 261 | 2,510 | 2,226 | 1,739 | | Total Non-Current Assets | 4,614 | 3,872 | 4,123 | 3,618 | 2,690 | | Total Assets | 5,452 | 4,541 | 4,650 | 3,926 | 2,985 | | | Liabilities | in Millions of Dollars | | | 12/2006 | 12/2005 | 12/2004 | 12/2003 | 12/2002 | | | Accounts Payable | 270 | 288 | 218 | 183 | 181 | | Short Term Debt | 126 | 8 | 4 | - | - | | Other Current Liabilities | 295 | 190 | 126 | 72 | 110 | | Total Current Liabilities | 776 | 489 | 395 | 332 | 332 | | | Long Term Debt | 1,177 | 1,333 | 944 | 725 | 666 | | Deferred Income Tax | 409 | 376 | 438 | 403 | 310 | | Other Non-Current Liabilities | 441 | 169 | 142 | 143 | 70 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 2,026 | 1,878 | 1,524 | 1,271 | 1,046 | | Total Liabilities | 2,802 | 2,367 | 1,919 | 1,603 | 1,378 | | | Preferred Stock Equity | - | 429 | 454 | - | - | | Common Stock Equity | 2,650 | 1,745 | 2,277 | 2,323 | 1,607 | | Total Equity | 2,650 | 2,174 | 2,731 | 2,323 | 1,607 | | Total Liabilities & Stock Equity | 5,452 | 4,541 | 4,650 | 3,926 | 2,985 | | | |