Trophy Resources, Inc. (TRSI)

Trophy Resources Balance Sheet

Financials in millions USD. Fiscal year is August - July.

Fiscal Year	FY 2003	FY 2002	FY 2001	FY 2000	FY 1999
Period Ending	Jul 31, 2003	Jul 31, 2002	Jul 31, 2001	Jul 31, 2000	Jul 31, 1999
Cash & Equivalents	0.02	-	0	0.15	0.2
Cash & Short-Term Investments	0.02	-	0	0.15	0.2
Cash Growth	-	-	-99.98%	-23.99%	372.04%
Accounts Receivable	0.32	-	-	0.02	0.01
Other Receivables	0.01	-	-	-	-
Receivables	0.33	-	-	0.2	0.01
Inventory	0.02	-	-	-	-
Prepaid Expenses	0.12	-	-	0	-
Other Current Assets	-	-	0.02	-	-
Total Current Assets	0.48	-	0.02	0.36	0.22
Property, Plant & Equipment	0.42	-	-	0.09	0.1
Other Intangible Assets	-	-	0.3	0.64	0.98
Other Long-Term Assets	-	-	0.05	-	-
Total Assets	0.89	-	0.37	1.08	1.29
Accounts Payable	0.7	0.27	0.08	0.14	0.15
Short-Term Debt	0.22	-	-	0.04	0.04
Current Portion of Long-Term Debt	0.11	-	-	-	-
Current Portion of Leases	0.12	-	-	-	-
Other Current Liabilities	0.18	0.26	0.39	0.01	0.07
Total Current Liabilities	1.33	0.52	0.47	0.19	0.25
Long-Term Debt	0.54	-	-	-	-
Long-Term Leases	0.02	-	-	-	-
Total Liabilities	1.89	0.52	0.47	0.19	0.25
Common Stock	0.02	1.17	1.16	1.14	1.14
Additional Paid-In Capital	17.69	12.92	11.86	11.33	7.05
Retained Earnings	-18.52	-14.24	-13.07	-11.57	-7.03
Comprehensive Income & Other	-0.19	-0.38	-0.04	-0.01	-0.12
Shareholders' Equity	-1	-0.52	-0.1	0.89	1.04
Total Liabilities & Equity	0.89	-	0.37	1.08	1.29
Total Debt	1.01	-	-	0.04	0.04
Net Cash (Debt)	-0.99	-	0	0.12	0.17
Net Cash Growth	-	-	-99.98%	-29.40%	2119.98%
Working Capital	-0.85	-0.52	-0.45	0.17	-0.03
Tangible Book Value	-1	-0.52	-0.4	0.26	0.07
Buildings	0.03	-	-	-	-
Machinery	0.48	-	-	-	-
Leasehold Improvements	0.03	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.