| Balance Sheet for Warren Resources Inc.
(WRES)
|
|
|
|
|
|
|
| Assets |
in Thousands of Dollars |
|
|
12/2008 |
12/2007 |
12/2006 |
12/2005 |
12/2004 |
|
| Cash and Equivalents |
29,688 |
12,815 |
43,022 |
114,632 |
99,921 |
| Marketable Securities |
109 |
132 |
122 |
126 |
6,274 |
| Receivables |
9,680 |
8,256 |
5,984 |
4,064 |
1,625 |
| Inventories |
- |
- |
- |
- |
- |
| Other Current Assets |
734 |
1,635 |
3,310 |
2,357 |
212 |
| Total Current Assets |
40,211 |
22,838 |
52,438 |
121,179 |
108,032 |
|
| Gross Fixed Assets |
580,535 |
410,518 |
263,674 |
253,976 |
117,937 |
| Accumulated Depreciation |
(339,086) |
(2,032) |
(1,423) |
(67,512) |
(946) |
| Net Fixed Assets |
241,449 |
408,486 |
262,251 |
186,464 |
116,991 |
| Intangibles |
- |
- |
- |
3,430 |
3,430 |
| Other Non-Current Assets |
4,973 |
5,751 |
5,740 |
9,692 |
18,458 |
| Total Non-Current Assets |
246,422 |
417,668 |
271,422 |
199,586 |
138,879 |
| Total Assets |
286,633 |
440,506 |
323,859 |
320,764 |
246,911 |
|
| Liabilities |
in Thousands of Dollars |
|
|
12/2008 |
12/2007 |
12/2006 |
12/2005 |
12/2004 |
|
| Accounts Payable |
49,616 |
34,344 |
22,455 |
25,042 |
16,154 |
| Short Term Debt |
315 |
608 |
507 |
587 |
17,316 |
| Other Current Liabilities |
- |
- |
- |
- |
354 |
| Total Current Liabilities |
49,931 |
34,952 |
22,962 |
27,395 |
45,732 |
|
| Long Term Debt |
113,908 |
48,385 |
2,246 |
2,345 |
29,161 |
| Deferred Income Tax |
- |
- |
- |
- |
- |
| Other Non-Current Liabilities |
10,769 |
7,639 |
6,767 |
5,974 |
3,208 |
| Minority Interest |
- |
- |
- |
7,010 |
11,241 |
| Total Non-Current Liabilities |
124,677 |
56,025 |
9,013 |
15,330 |
43,609 |
| Total Liabilities |
174,608 |
90,977 |
31,975 |
42,724 |
89,341 |
|
| Preferred Stock Equity |
1,177 |
2,688 |
3,253 |
7,630 |
77,270 |
| Common Stock Equity |
110,848 |
346,841 |
288,631 |
270,410 |
80,299 |
| Total Equity |
112,025 |
349,529 |
291,884 |
278,040 |
157,569 |
| Total Liabilities & Stock Equity |
286,633 |
440,506 |
323,859 |
320,764 |
246,911 |
|
|
|
