RE: Balance Sheet Balance Sheet
| | 2011
11/30/11 | 2010
11/30/10 | 2009
11/30/09 | 2008
11/30/08 |
| Cash & Short Term Investments | 58,562 | 43,758 | 680 | 10,406 |
| Receivables - Net | 261 | 1,925 | 36 | 222 |
| Inventories - Total | 1,830 | 0 | 0 | 0 |
| Prepaid Expenses | -- | -- | -- | -- |
| Other Current Assets | 621 | 117 | 134 | 75 |
| CURRENT ASSETS - TOTAL | 61,274 | 45,800 | 850 | 10,703 |
| Property, Plant and Equipment - Gross | 173,029 | 67,976 | 499 | 30,393 |
| Accumulated Depreciation | (483) | (425) | (351) | (258) |
| Property, Plant and Equipment - Net | 172,547 | 67,551 | 147 | 30,134 |
| Investments in Associated Companies | 5,301 | 4,134 | 413 | 1,469 |
| Other Investments | 1,908 | 5,093 | 120 | 154 |
| Total Intangible Other Assets - Net | 4,111 | 0 | 0 | 0 |
| Other Assets - Total | 11,657 | 351 | 34,191 | 1,196 |
| TOTAL ASSETS | 252,687 | 122,929 | 35,721 | 43,657 |
| Accounts Payable | 11,733 | 5,751 | 368 | 440 |
| Short Term Debt & Current Portion of Long Term Debt | 0 | 0 | 20,288 | 0 |
| Other Current Liabilities | 1,139 | 0 | 0 | 41 |
| CURRENT LIABILITIES - TOTAL | 12,872 | 5,751 | 20,657 | 481 |
| Long Term Debt | 0 | 0 | 0 | 18,825 |
| DEFERRED TAXES | 0 | -- | -- | -- |
| Other Liabilities | 620 | 447 | 405 | 0 |
| TOTAL LIABILITIES | 13,492 | 6,198 | 21,062 | 19,307 |
| Non-Equity Reserves | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 |
| Common Stock | 226,424 | 132,025 | 30,327 | 30,022 |
| Other Appropriated Reserves | 7,106 | 916 | 0 | 434 |
| Retained Earnings | (26,871) | (35,140) | (25,462) | (14,093) |
| COMMON EQUITY | 239,195 | 116,731 | 14,660 | 24,350 |
| TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY | 252,687 | 122,929 | 35,721 | 43,657 |
| Common Shares Outstanding | 208,627 | 170,979 | 85,398 | 84,798 |
() = Negative Values
In Canadian Dollars
Values are displayed in Thousands except for earnings per share
| | 2012 Q3
8/31/12 | 2012 Q2
5/31/12 | 2012 Q1
2/29/12 | 2011 Q4
11/30/11 | 2011 Q3
8/31/11 |
| Cash & Short Term Investments | 7,606 | 29,000 | 43,865 | 58,562 | 57,353 |
| Receivables - Net | 248 | 157 | 263 | 261 | 353 |
| Inventories - Total | 1,800 | 1,778 | 3,202 | 1,830 | 137 |
| Prepaid Expenses | -- | -- | -- | -- | -- |
| Other Current Assets | 1,379 | 2,647 | 657 | 621 | 270 |
| CURRENT ASSETS - TOTAL | 11,034 | 33,582 | 47,987 | 61,274 | 58,114 |
| Property, Plant and Equipment - Gross | -- | -- | -- | 171,270 | -- |
| Accumulated Depreciation | -- | -- | -- | (483) | -- |
| Property, Plant and Equipment - Net | 263,382 | 255,505 | 203,489 | 170,787 | 144,042 |
| Investments in Associated Companies | -- | -- | -- | 5,301 | -- |
| Total Intangible Other Assets - Net | -- | 0 | 0 | 4,111 | 0 |
| Other Assets - Total | 7,757 | 7,443 | 6,921 | 13,566 | 6,278 |
| TOTAL ASSETS | 282,173 | 296,530 | 258,398 | 250,928 | 208,434 |
| Accounts Payable | -- | -- | -- | 11,733 | -- |
| Other Current Liabilities | 8,851 | 14,015 | 6,268 | -- | 5,408 |
| CURRENT LIABILITIES - TOTAL | 8,851 | 14,015 | 6,268 | 12,872 | 5,408 |
| Long Term Debt | 38,765 | 0 | 0 | 0 | 0 |
| DEFERRED TAXES | 0 | 0 | 0 | -- | 0 |
| Other Liabilities | 695 | 40,273 | 12,604 | 620 | 478 |
| TOTAL LIABILITIES | 48,312 | 54,288 | 18,872 | 13,492 | 5,886 |
| Non-Equity Reserves | -- | -- | -- | 0 | -- |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 |
| Common Stock | -- | -- | -- | 226,424 | -- |
| Retained Earnings | -- | -- | -- | (25,601) | -- |
| COMMON EQUITY | 233,861 | 242,242 | 239,526 | 237,436 | 202,547 |
| TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY | 282,173 | 296,530 | 258,398 | 250,928 | 208,434 |
| Common Shares Outstanding | 209,145 | 209,145 | 208,962 | 208,627 | 208,627 |
() = Negative Values
In Canadian Dollars
Values are displayed in Thousands except for earnings per share