Tanke Balance Sheet

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

Millions USD. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 1995	FY 1994
Period Ending	Feb '96 Feb 29, 1996	Aug '95 Aug 31, 1995	Aug '94 Aug 31, 1994
Cash & Equivalents	1.23	0.82	0.56
Cash & Short-Term Investments	1.23	0.82	0.56
Cash Growth	-	46.72%	-
Accounts Receivable	1.93	1.64	1.17
Other Receivables	0.36	0.36	-
Receivables	2.29	2	1.17
Inventory	1.18	1.82	3.1
Prepaid Expenses	0.16	0.13	0.11
Other Current Assets	0.05	0	0.1
Total Current Assets	4.9	4.78	5.05
Property, Plant & Equipment	2.4	2.47	3.18
Other Intangible Assets	0.04	0.05	0.02
Other Long-Term Assets	0.03	0.03	0.05
Total Assets	7.37	7.33	8.3
Accounts Payable	3.51	3.7	4.74
Short-Term Debt	0.94	0.81	0.24
Current Portion of Long-Term Debt	0.07	0.11	0.16
Current Income Taxes Payable	0.08	0.06	0.1
Other Current Liabilities	0.25	0.26	0.29
Total Current Liabilities	4.86	4.93	5.53
Long-Term Debt	0.11	0.13	0.43
Long-Term Deferred Tax Liabilities	-	-	0.01
Other Long-Term Liabilities	0	0	0.02
Total Liabilities	4.98	5.07	5.99
Common Stock	0.01	0.01	2.81
Additional Paid-In Capital	4.04	3.95	0.37
Retained Earnings	-1.65	-1.7	-0.88
Comprehensive Income & Other	-0	0	0
Shareholders' Equity	2.39	2.26	2.31
Total Liabilities & Equity	7.37	7.33	8.3
Total Debt	1.13	1.05	0.84
Net Cash (Debt)	0.1	-0.23	-0.27
Net Cash Per Share	0.03	-0.07	-0.34
Filing Date Shares Outstanding	4.28	3.44	0.94
Total Common Shares Outstanding	3.48	3.44	0.94
Working Capital	0.05	-0.15	-0.48
Book Value Per Share	0.69	0.66	2.46
Tangible Book Value	2.36	2.21	2.29
Tangible Book Value Per Share	0.68	0.64	2.44
Land	2.05	2.06	2.64
Machinery	0.76	0.79	0.73
Leasehold Improvements	-	-	0.01

Source: S&P Capital IQ. Standard template. Financial Sources.