HKN Balance Sheet

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Assets	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Cash & Short Term Investments	29.72M	43.43M	25.75M	25.39M	11.05M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Receivables	0.048M	0.016M	1.841M	1.789M	1.743M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Inventory						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Prepaid Expenses	0.265M	0.21M	0.712M	0.913M	0.43M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Assets						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Assets	35.42M	49.25M	33.30M	28.09M	13.22M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Property, Plant & Equipment	7.323M	7.629M				Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accumulated Depreciation	0.109M	0.675M				Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Property, Plant & Equipment	7.214M	6.954M	36.20M	36.28M	36.94M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Long Term Investments	21.56M	19.91M	16.16M	15.14M	16.06M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Goodwill & Intangibles	2.026M	2.078M	2.135M	2.186M	2.252M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Assets			0.033M	0.044M	0.214M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Assets	42.80M	28.94M	54.53M	58.65M	60.47M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Assets	78.22M	78.20M	87.83M	86.74M	73.70M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Liabilities	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Current Portion of Long Term Debt						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accounts Payable			0.415M	0.554M	0.614M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accrued Expenses	0.352M	0.539M	1.938M	1.458M	1.541M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Deferred Revenues	0.189M					Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Liabilities			0.808M		0.80M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Liabilities	1.856M	2.156M	4.175M	2.825M	3.736M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Debt						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Deferred Income Tax			0.573M	0.573M	0.573M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Liabilities	0.80M	0.80M	9.35M	9.661M	9.027M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Liabilities	0.80M	0.80M	9.923M	10.23M	9.604M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities	2.656M	2.956M	14.10M	13.06M	13.34M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Shares Outstanding	18.43M	18.48M	18.44M	18.77M	10.03M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Preferred Stock	0.002M	0.002M	0.002M	0.002M	0.002M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Stock, Net	0.184M	0.185M	0.184M	0.188M	0.10M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Additional Paid-in Capital	455.93M	456.06M	455.96M	456.80M	438.97M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Retained Earnings	-392.14M	-391.00M	-388.76M	-388.91M	-388.61M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Treasury Stock	0.07M					Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Shareholder's Equity			0.098M	0.104M	3.474M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	75.56M	75.24M	73.73M	73.68M	60.36M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities & Shareholder's Equity	78.22M	78.20M	87.83M	86.74M	73.70M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro